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John Krafcik eyes Sonata, talks about his new role

As hundreds of people gathered to watch the unveiling of the 2015 Hyundai Sonata at the New York Auto Show on Wednesday, John Krafcik, a driving force behind the new vehicle, found himself in a peculiar position.
He stood far away from the car, away from the crowd. He watched from the Nissan stand as the covers were pulled off the Sonata.
If it was an awkward moment for Krafcik, whose tenure as Hyundai's chief executive officer ended on January 1, he didn't show it. He offered effusive praise of the Sonata. "It's a beautiful car," he said. "I think it's wonderful."

2016 Hyundai Elantra spied uncovered

The next-generation Hyundai Elantra has been speculated on and teased throughout this year. In March we got a leaked photo of a South Korean-market Elantra, the question being if this is was actually the new car and if we'd get in the US. Then we got officially sanctioned sketches of the exterior and the interior. Now Korean site Auto Tribune has leaked photos of the next Korean-market Avante, which is our Elantra, and they actually line up with the automaker sketches. According to Google Translate, the pictures were taken at a Hyundai factory in South Korea by a contractor. If this is the real deal, Fluidic Sculpture has given way to a grille that might want to at least send a "Thank You" note to Audi. Flanking that are smoother lines and a more subtle treatment of the front end, with sleek, pulled-back headlights decorated with a lengthy LED signature above boomerang inlets in the bumper. The sides have been flattened out, losing some of dimensionality of the current car to go more mature. The rear end looks similar to the current sedan, but wider, with long taillights featuring three LED elements. Inside, a three-spoke steering wheel veers toward the plain, and the current continuous waterfall center console gives way to a two-section instrument panel that has an eight-inch infotainment screen at the top, above HVAC controls. At the base there's an open cubby that doesn't look to have a cover, and the gear selector lever incline appears reduced. The overall impression is less engaging to the eye than now. Auto Tribune says a 1.6 liter GDI is under hood, which puts out 175 horsepower and 196 pound-feet of torque in the 2016 Tucson. We'll see the real car at the LA Auto Show later this year. Click through to Auto Tribune for more photos.

EV battery prices to stop falling in 2020, Hyundai says

SEOUL — Hyundai believes electric vehicle battery prices will level off by 2020 due to supply constraints of key ingredients, ending years of sharp declines that have helped stimulate activity in the booming sector. Despite its cautious outlook, the South Korean carmaker and smaller affiliate Kia plan to release 38 green models using a variety of technologies by 2025, Hyundai Motor Senior Vice-President Lee Ki-sang said. "Not a single ingredient is going in a positive direction in terms of pricing," Lee, who oversees Hyundai's green car operations, said in remarks to reporters last week that were embargoed until Wednesday. "So far battery prices have been declining at a rapid pace, but the pace will moderate significantly or maintain the status quo by 2020." While rivals have announced ambitious plans for electric vehicles, some analysts say Hyundai has been late to the game. It plans to launch a long-range electric vehicle next year, well behind the likes of General Motors and Tesla. Demand for minerals such as nickel, cobalt and lithium used in electric car batteries is forecast to soar in the coming years as governments crack down on vehicle pollution and carmakers step up their investments in electric models. Batteries are the most expensive part of electric vehicles, and their affordability is key to the take-up of the technology. Lithium-ion battery cell prices fell about 60 percent in the five years to 2016 as larger-scale production made them cheaper to make. In September, Reuters reported that Volkswagen was moving to secure long-term supplies of cobalt for the group's electric vehicle plans, but its talks with cobalt producers in November ended without a supply deal. Lee said that although Hyundai saw the need to develop batteries in-house, it still relied on outside suppliers due to a lack of economies of scale to secure raw materials. It aimed to release vehicles powered by solid-state lithium batteries by about 2020, promising greater range and safety than existing lithium-ion units. Japanese rival Toyota also has announced a similar schedule for the development of vehicles powered by new, potentially revolutionary solid-state batteries. In addition to hybrids and battery-powered vehicles, Hyundai was "coordinating" with Fiat Chrysler Automobiles over hydrogen cars propelled by electricity generated from fuel cells, Lee added.