Hyundai Motor will launch 21 new Electric Cars by 2030, the company told the future plan

Hyundai Motor is working on EREV for the future. It would integrate the best of both worlds, the IC engine and electric vehicle, into one package. The Korean carmaker boasts at the CEO Investor Day of 2024 that the EREV will be competitively priced with electric vehicles and give over 900 km range from emission and battery sources.

Hyundai Motor plans to start mass production of new EREVs in North America and China by the end of 2026. Of course, this EV slowdown will also mean the proliferation of Hyundai's hybrid and new EREV offerings. Hyundai has proclaimed that such a slowdown would be overcome with the increase in EV sales by the end of 2030. In tune, Hyundai Motor has geared up to create a full lineup of EVs-ranging from affordable EVs to luxury and high-performance models, with the launch of 21 models by 2030.

Hyundai Motor Company President and CEO Jaehoon Chang said, "Based on advanced technology and dedication to innovation, we have come first in the market". Hyundai Motor plans to accelerate its development of next-generation batteries, including solid-state batteries.