The Korean automaker announced in 2021 its plans to invest around £4,000m in research and development over the next seven years
The Korean automaker announced in 2021 its plans to invest around £4,000m in research and development over the next seven years
Korean automaker Hyundai Motor announced on Tuesday, April 26, 2022 that it will bring its global all-electric crossover SUV “IONIQ 5” to India in the second half of 2022, marking the start of the company’s battery-electric vehicle expansion plans Vehicles marked India.
Hyundai Motor India Ltd. (HMIL), a wholly owned subsidiary of Hyundai Motor Company, last year announced plans to launch six new electric vehicles in India by 2028. The company also plans to invest around £4,000 million in research and development over the next seven years for the same.
“As a customer-centric brand, Hyundai has a very strong focus on e-mobility for a progressive and sustainable future across all of its businesses and product range. Hyundai Motor India has already committed to expanding our BEV range to 6 models by 2028 and today we are very proud to announce the launch of IONIQ 5 in the KJ 22 in India,” said Unsoo Kim, MD & CEO, Hyundai Motor India Limited said.
Mr. Kim added that given the company’s 25-year journey of togetherness in India, Hyundai is happy to be collaborating with this great nation on a new endeavor to accelerate the adoption of electric vehicles at scale.
The term IONIQ is a fusion of “ion” and “unique,” announced as a long-term research and development project focused on sustainable mobility, the company said, adding that the brand was conceived to combine life-changing mobility with environmental performance .
The IONIQ 5 is based on Hyundai Motor Group’s Electric Global Modular Platform (E-GMP), which was developed exclusively for next-generation battery electric vehicles.
Four important pillars
“With the modularity rooted in Hyundai’s E-GMP platform, the IONIQ 5 will feature an innovative interior and exterior design; While the interiors feature eco-friendly materials at multiple touchpoints, the exterior of this all-electric CUV offers a fresh and dynamic appeal,” the company said.
It added that E-GMP was developed on 4 main pillars of modularity – a platform that can accommodate many body types, reliability – with a low center of gravity, use of ultra-high-strength steel and 8-point battery attachment, ease of use – with a flat bottom and a flexible seating arrangements and an innovative interior that offers a sliding console and sliding 2nd row seats and performance – with a large battery capacity, improved handling and the ability to reach a top speed of 260 km/h.
