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Hyundai Motor Group is accelerating advancements in the global electric vehicle industry for a sustainable future for humanity. We are rapidly transitioning our entire lineup to full electric models, ranging from passenger and high-performance models to commercial vehicles. Our all-electric cars are receiving excellent reviews in the global market for their advanced platform technologies, excellent performance and innovative approaches to design and space.
The Group is also taking the lead in building charging infrastructure at home and abroad to support the rapid growth of the EV market. In addition, we are maintaining partnerships with a variety of partners for the quantitative and qualitative growth of the EV charging ecosystem. We are also collaborating on the development of next-generation batteries to increase driving range, and reduce costs while establishing a more efficient production process by building electric vehicle and battery production facilities.
The Group will continue to focus all its efforts on strengthening the competitiveness of its EV products, including the development of platforms for next-generation EVs and the application of standardized software architecture technologies. Moreover, the Group will take the lead in promoting the spread of electric vehicles by building a diverse EV lineup, improving EV battery density and reducing system costs in order to allow more consumers to experience Hyundai’s superior electrification technology.