Hyundai, Kia to Bring out More EVs Next Year

Published on 2020/05/31 | Source

Hyundai and affiliate Kia are going to roll out a total of nine new purely electric vehicles in the domestic market in the next couple of years.

"We plan to produce five to six new EV models in 2021 and roll out two to three more in 2022", a Hyundai spokesman said Thursday.

Hyundai will make a compact crossover EV, codenamed NE, a hybrid between a SUV and a sedan, in the first quarter next year. Another model will follow.

The batteries will be supplied by SK Innovation and LG Chem.

Hyundai and Kia rank fourth with their combined EV sales in the global market. According to the EV Volumes website, Hyundai and Kia sold 24,116 EVs in this year's first quarter, behind Tesla (88,400), Renault-Nissan-Mitsubishi Alliance (39,355) and Volkswagen Group (33,846).