What happened? Just before the end of last year, Hyundai stopped all development of internal combustion engines and reassigned its engineers to electronic vehicles. Hyundai is the latest in a string of companies and even governments that announced measures to support electric vehicles last year.
Hyundai has closed its combustion engine research and development centers, industry sources told the Korea Economic Daily. The South Korean company will no longer produce new gas-powered cars, but will retain a number of engineers to modify existing vehicles, and they will work on them. Advances in electric vehicles have also created a new battery compartment for better power cell development, focusing on the design, performance and raw materials of batteries. p>
Last August, Motional Automated Driving Systems announced that by 2023 Hyundai EV will add a robot to the Lyft program. Hyundai has also been unveiled. It aims to sell 1.7 million electric vehicles worldwide by 2026.
This change aligns with how more companies and governments transition to electric vehicles by the middle and end of this decade. In November, we reported that Xiaomi wants to produce 300,000 electric cars per year by 2024, and Volvo plans to switch completely to electric cars by 2030. Meanwhile, New York wants to ban the sale of new gas-powered cars by 2025. Britain is also proposing to phase out the Petrol-only cars by 2030.