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Hyundai to buy electric vehicle batteries from SK Innovation, according to report

SEOUL — Hyundai Motor and affiliate Kia Motors have decided to secure electric vehicle batteries from SK Innovation for the next four to five years, Maeil Business Newspaper said on Friday, citing industry sources. The sources said the deal was worth more than 10 trillion won ($8.6 billion). SK Innovation, Hyundai Motor and Kia declined to comment. Hyundai Motor said in October it would launch 16 EV models by 2025, aiming to boost EV sales 560,000 by then, a level that would be equivalent to more than 10% of its projected global sales this year. Reporting by Hyunjoo Jin. Related Video:    

Hyundai Kona Electric SUV revealed

Recently, Hyundai hinted at some of the details of the all-electric version of its Kona subcompact SUV. The automaker stated that the EV crossover would be available with a pair of powertrain offerings, one of which being "one of the most powerful electric engines on the market" with a driving range of 292 miles. Now, the Korean automaker has revealed the Kona Electric in advance of the upcoming Geneva Motor Show. The Hyundai Kona Electric looks like its hybrid siblings, with the biggest visual difference up front, with its closed grille. That's also where the car's plug resides. It features LED daytime running lights above its LED headlights. The Kona Electric offers a two-tone roof, and seven different exterior paint color offerings. On paper, at least, the Kona Electric is pretty compelling. The long-range, 292-mile version features a 64-kWh lithium-ion polymer battery pack supplying power to a 150-kW (201-horsepower) electric motor. It does 0-62 miles per hour in a respectable 7.6 seconds, with a top speed of 103 mph. The base version's 39-kWh battery offers 186 miles of driving range, and a 99-kW (133-horsepower) electric motor. It does 0-62 in a more leisurely 9.3 seconds. Inside the car, the Kona Electric features a pair of paddle shifters behind the steering wheel that allow the driver to dial in the preferred amount of regenerative braking force. A seven-inch digital display in the instrument cluster is accompanied by a head-up display providing key information directly in front of the driver. The car's infotainment system features Apple CarPlay and Android Auto and wireless phone charging. The Kona Electric offers a number of driver assist features for safety and convenience. These include forward collision avoidance with pedestrian detection, blind spot warning, rear cross-traffic alert, lane-keeping assist, intelligent speed limit warning and smart high. It also offers smart cruise control with stop-and-go capability to make those traffic jams a little more bearable. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery 2019 Hyundai Kona Electric: Geneva 2018 View 10 Photos Related Gallery Hyundai Kona Electric View 9 Photos News Source: HyundaiImage Credit: Live photos copyright 2018 Drew Phillips / Autoblog.com Green Hyundai Green Automakers Crossover SUV Electric 2018 Geneva Motor Show hyundai kona hyundai ev hyundai kona electric

Hyundai exec admits company studying pickup, no foolin'

Automotive News reports Hyundai may be considering jumping into the US pickup market. Lee In-cheol, ice president of international sales, says the company's product planners and engineers are currently trying to determine what size pickup would be best for our market. Currently, the automaker has no plans to build a truck, but Lee says that hasn't stopped US dealers from asking the company to produce one. The US and South Korea signed a free trade agreement that took effect in 2012 that removes the so-called Chicken Tax from South Korean imports in seven years.
That means that Hyundai or Kia could import a foreign-built truck without incurring the 25 percent tax on the vehicle's value after 2021. Even so, Hyundai isn't committed into jumping into the US full-size pickup market. Instead, the company may build a smaller truck designed to compete in emerging markets.
We've been hearing word about Hyundai's pickup musings for years now, including a rumored partnership with Chrysler to produce Ram-based trucks, but so far, nothing has come of it.