Hyundai’s flagship SUV goes electrical. In response to sources, Hyundai is growing an electrical Santa Fe and a brand new EV pickup truck for the US, however there’s extra to it. Right here’s what to anticipate from Hyundai’s new EVs.
Hyundai Santa Fe is lastly going electrical however as an EREV
The Santa Fe is Hyundai’s second-best-selling SUV within the US. Hyundai has bought over 65,600 Santa Fe fashions by way of July, greater than double the IONIQ 5 (22,144) and 6 (7,690) mixed.
Though Hyundai is predicted to launch an electrical Sante Fe, it will not be what you think about. On Tuesday, trade sources revealed (through KED International) Hyundai is growing a next-gen powertrain for extended-range electrical autos (EREVs).
The system features a fuel-based energy unit to increase an electrical car’s vary. An electrical generator prices the car’s battery, enabling longer ranges.
Hyundai not too long ago established a brand new “xEV System” improvement staff in Korea. Sources accustomed to the matter mentioned Yang Heui-won, Hyundai Motor Group’s R&D chief, will head the undertaking.
The primary fashions, Hyundai’s Santa Fe and the Genesis GV70 are anticipated to obtain the tech within the subsequent two to 3 years.
After that, electrical Hyundai and Kia pickup vans may even achieve EREV drivetrains. They’re anticipated to start rolling out in 2028 or 2029. The sources declare the brand new EV pickups can have over 330 miles (530 km) driving vary.
Conquering the US market with pickups and SUVs
Hyundai goals to “conquer” the large US pickup truck market, based on a report from Naver final week.
The report claimed Hyundai accomplished a teardown of the Tesla Cybertruck final month because it ready to tackle the US market. A Ford F-150 Lightning was additionally noticed with Korean check plates close to Hyundai’s facility final month.
In response to S&P International Mobility registration information, Tesla’s Cybertruck was the fifth top-selling EV within the US in Might. Ford’s F-150 Lightning was quantity 10.
Hyundai sells the Santa Cruz pickup, however gross sales are down 10% this 12 months. Final 12 months, the Santa Cruz ranked 12 in US pickup gross sales, with 36,675 fashions handed over.
With 2.86 million models bought within the US final 12 months, pickup gross sales almost doubled that of enormous sedans with 1.56 million.
Hyundai needs to compete with Ford’s F-series, the Chevy Silverado, and Ram for a bit of the US pickup market.
In the meantime, Hyundai Motor, together with Kia and Genesis, accounted for 10% of the US EV market by way of July. Hyundai is the second top-selling EV model forward of Ford (7.4%) and GM (6.3%) because it appears to shut the hole with Tesla (49.7%).
Electrek’s Take
Hyundai is investing closely within the US market. Its large $7.6B Metaplant in GA is opening its doorways later this 12 months.
Electrical vehicles produced on the facility are anticipated to qualify for the $7,500 EV tax credit score as Hyundai appears to outpace US rivals.
Hyundai can also be anticipated to disclose its first three-row electrical SUV, the IONIQ 9, by the tip of the 12 months.
It’s fascinating to see the report declare that Hyundai is growing EREVs due to issues over EV vary and charging infrastructure. In response to the Division of Vitality and EPA, Hyundai already has eight of the prime ten most energy-efficient EVs within the US this 12 months.
Since EREVs nonetheless have inner combustion engines, the tech can be phased out as 100% EV powertrains and batteries progress.
Will EREVs assist or damage Hyundai within the US? Tell us your ideas within the feedback.
Supply: KED International
FTC: We use earnings incomes auto affiliate hyperlinks. Extra.
