- Title: Hyundai plans long-range premium electric car in strategic shift
- Date: 17th August 2017
- Summary: SEOUL, SOUTH KOREA (AUGUST 17, 2017) (REUTERS) ****WARNING: CONTAINS FLASH PHOTOGRAPHY*** UNVEILING CEREMONY OF HYUNDAI MOTOR'S HYDROGEN FUEL-CELL VEHICLE IN PROCESS HYDROGEN FUEL-CELL VEHICLE SPINNING ON STAGE AS JOURNALISTS AT CEREMONY VARIOUS OF HYDROGEN FUEL-CELL VEHICLE ON DISPLAY / TEXT ON PLATE READING (Korean): "HYDROGEN FUEL-CELL VEHICLE" JOURNALISTS SITTING SENIOR VICE PRESIDENT OF HYUNDAI MOTOR GROUP, LEE KI-SANG, SPEAKING ON STAGE (SOUNDBITE) (Korean) SENIOR VICE PRESIDENT OF HYUNDAI MOTOR GROUP, LEE KI-SANG, SAYING: "We are not only in the process of developing an electric vehicle with a driving range of 500 km. (311 miles) per charge, but we are also planning to launch a high-performance, long-range electronic Genesis model by 2021." VARIOUS OF HYDROGEN FUEL-CELL VEHICLE ON DISPLAY EXECUTIVE VICE PRESIDENT OF HYUNDAI MOTOR GROUP, LEE KWANG-GUK, SPEAKING ON STAGE (SOUNDBITE) (Korean) EXECUTIVE VICE PRESIDENT OF HYUNDAI MOTOR GROUP, LEE KWANG-GUK, SAYING: "(The new hydrogen-powered vehicle) is pollution-free and an eco-friendly car, which has a driving range of more than 800 km. per charge under European standards. We designed the SUV, which is habitable and has a great space, for people to spend more time in the car, which is the future of a car lifestyle developed by autonomous navigation and connectivity technologies." EXTERIOR OF HYDROGEN FUEL-CELL HOUSE AT HAN RIVER PARK HYDROGEN FUEL-CELL VEHICLE ON DISPLAY HYDROGEN FUEL-CELL VEHICLE ON DISPLAY INSIDE BUILDING, CHARGING POWER, WHILE JOURNALISTS LOOK AROUND CHARGING PLUG HYDROGEN TANK THAT GOES INSIDE HYDROGEN FUEL-CELL VEHICLE ON DISPLAY SIGN READING (Korean and English): "HYDROGEN TANK (700BAR)" HYDROGEN TANK EXTERIOR OF HYDROGEN FUEL-CELL VEHICLE INTERIOR OF HYDROGEN FUEL-CELL VEHICLE HYUNDAI LOGO ON DRIVING WHEEL HYDROGEN FUEL-CELL VEHICLE ON DISPLAY
- Embargoed: 31st August 2017 08:42
- Keywords: South Korea Hyundai Motor electric car hybrid vehicle hydrogen
- Location: SEOUL, SOUTH KOREA
- City: SEOUL, SOUTH KOREA
- Country: South Korea
- Topics: Company News Markets,Economic Events
- Reuters ID: LVA0016UJO3V1
- Aspect Ratio: 16:9
- Story Text: Hyundai Motor Co. said on Thursday (August 17) it was placing electric vehicles at the center of its product strategy - one that includes plans for a premium long-distance electric car as it seeks to catch up to Tesla and other rivals.
Like Toyota Motor Corp., Hyundai had initially championed fuel cell technology as the future of eco-friendly vehicles but has found itself shifting electric as Tesla shot to prominence and battery-powered cars have gained government backing in China.
Toyota is now also working on longer distance, fast-charging electric vehicles, local media have reported.
The South Korean automaker is planning to launch an electric sedan under its high-end Genesis brand in 2021 with a range of 500 km. (310 miles) per charge. It will also introduce an electric version of its Kona small sport utility vehicle (SUV) with a range of 390 km. in the first half of next year. - Copyright Holder: REUTERS
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