South Korean carmaker Hyundai is trying to be part of the green car race with an ambition to launch a long-range electric vehicle that can run 500km on a single charge. The carmaker is planning to launch such a vehicle after 2021.
Hyundai, along with its subsidiary Kia Motors, is planning to launch 31 eco-friendly vehicles by 2020, three more than what the company had in mind earlier. The three vehicles planned are plug-in hybrids.
The carmaker launched its first electric vehicle, the IONIQ, intended for the mass-market last year, but has a shorter range on a full charge compared to electric vehicles made by Tesla and General Motors.
Also, Hyundai has confirmed to reports by Reuters that the company will develop a platform, dedicated to electric vehicles that will help the carmaker build multiple models. Hyundai has also revealed a fuel cell SUV that has a range of nearly 800km, which will be launched in Korea next year, followed by the US and European markets.
Although Hyundai is building fuel cell vehicles, electric cars made by Tesla and General motors are gaining more popularity. In a bid to be not left behind in the race, Hyundai is aggressively planning EVs that will offer similar, if not more range per charge.