Hyundai Said To Be Developing Two Low-Priced EVs For Europe

South Africa News News

Hyundai Said To Be Developing Two Low-Priced EVs For Europe
South Africa Latest News,South Africa Headlines
  • 📰 cleantechnica
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Hyundai is working on two battery electric cars for the European A segment, both of which will start at around €20,000.

says the hatch will go into production in late 2023 with the cute ute following about a year later.Almost nothing is known about these cars — not their names, standard equipment, or place of manufacture. What we do know is that both will be powered by an integrated drive module supplied byIts iDM146 is comprised of an interior permanent magnet electric motor with a 146 mm stator and high voltage hairpin technology for high power density and efficiency.

“Our partnership with the Hyundai Motor Company spans two decades, and we’re delighted to continue our relationship by supplying our latest technology for the company’s newest electrification project,” said Stefan Demmerle, general manager of BorgWarner PowerDrive Systems.

Hoffman says city cars are “difficult to sell profitably because of their low prices and the technology required to electrify smaller vehicles.” No doubt that is true, but customers won’t care if the company has to sell at cost or even less. The world needs less expensive but highly efficient electric cars. Let the EV transition begin!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

cleantechnica /  🏆 565. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China’s Electric Car Makers Poised To Raise Their Game In EuropeChina’s Electric Car Makers Poised To Raise Their Game In EuropeChinese electric car makers have already established a bridgehead in Europe, tempted by high prices, and the companies are set to engage a higher gear. The bottom end of the European electric car market is vulnerable, according to French auto consultancy Inovev
Read more »

EUR/USD Forex Signal: Drop to Parity Can\u2019t Be Ruled OutEUR/USD Forex Signal: Drop to Parity Can\u2019t Be Ruled OutThe $EURUSD price declined sharply as risks of more economic pain in Europe continued.
Read more »

Rep. Carter on Biden's clean energy push: US, Europe going to net-zero emissions won't solve global problemRep. Carter on Biden's clean energy push: US, Europe going to net-zero emissions won't solve global problemRep. Buddy Carter, R-Ga., discusses the green energy push in the U.S. and Europe as developing countries continue to add the most to carbon emissions.
Read more »

BHP Earnings Nearly Triple as Coal Prices Run HotBHP Earnings Nearly Triple as Coal Prices Run HotWorld’s biggest miner warns central bank action risks slowdown in developed economies but China’s policies are supporting commodity prices.
Read more »

2022 Hyundai Ioniq 6 Prototype review: price, specs and release date2022 Hyundai Ioniq 6 Prototype review: price, specs and release dateFollowing the success of the Ioniq 5, Hyundai is hoping that its sleek new Ioniq 6 four-door coupé can follow in its footsteps! We recently got our hands on the prototype to see how things are shaping up -
Read more »



Render Time: 2025-03-05 00:43:01