Hyundai & Audi Tease New Electric Car Offerings
With the Geneva auto show fast approaching, electric concept vehicles are becoming a hot topic. Here’s news about two cars coming from Hyundai and Audi.
With the Geneva auto show fast approaching, electric concept vehicles are becoming a hot topic. Here’s news about two cars coming from Hyundai and Audi.
The French plug-in passenger electric vehicle market broke all of its previous records in January, with all-electric models jumping 258% to 10,952 units and plug-in hybrid electric vehicles surging 238% to 3,813 registrations.
With a sales rush in the last days of 2019, one would imagine January would bring a big hangover for the plug-in vehicle market. But turns out, it hasn’t. Yes, the Dutch plug-in market was down 2% year over year (YoY), to 3,184 registrations, but because the overall market fell even more (-6% YoY), the plug-in vehicle (PEV) share (7.2%, 4.3% for fully electric vehicles alone) actually grew compared to 12 months ago (6.9% in January 2019). So … why is this happening?
Hyundai and Canoo announced today the establishment of a joint effort to develop a standardized, scalable electric vehicle platform to underpin future Hyundai and Kia vehicles, but buried in the release was a hint at a completely new market segment for the Korean automaker: purpose-built vehicles.
Canoo and Hyundai will be developing an all-electric platform based on Canoo’s skateboard. The move has the potential to inject some much needed electric vehicle innovation into Hyundai, which, despite the success of the Hyundai Kona EV and sister company Kia’s Niro EV, has yet to find a solid foothold in the market.
The Tesla Model Y Performance has received its official range and efficiency rating from the Environmental Protection Agency (EPA). Its range is 315 miles on a full charge, and it is officially the most efficient crossover SUV in the US based on the agency’s fuel economy formula for MPGe (miles per gallon equivalency).
The Tesla Model 3 is the Usain Bolt of the electric vehicle market. It is far and away the most popular electric vehicle in the world. In fact, it had nearly 3× as many sales last year as the 2nd best selling electric vehicle (EV), and it accounted for ~4× as many sales as the 3rd best selling EV, the Nissan LEAF.
Hyundai has increased the size of the battery in the Ioniq to give the car 46 more miles of range for a modest increase in price. The Nissan LEAF now comes with Safety Shield 360 standard on all models.
The European plug-in electric vehicle market registered a record 77,000 vehicles in December (+88%!), with the Dutch market most helping to pull the market up. Fully electric vehicles (+91% year over year) grew a bit faster than plug-in hybrids (+81%), with the powertrain breakdown becoming even more friendly to fully electric vehicles (68% to 32% in December, versus 64% to 36% in 2019).
Arrival, a UK manufacturer of electric delivery vans, has secured a $110 million dollar investment from Hyundai and KIA. It says its products are price competitive with conventional vehicles.