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Found 402 results

  1. In the C&G garage for the week is the 2020 Hyundai Palisade Limited AWD with a sticker price of $47,605. This is Hyundai's newest SUV, at least until the diminutive Hyundai Venue takes its place at the other end of the size spectrum. The first impression I got from the Palisade was how big it is. Even though it is around 7 inches shorter than a Buick Enclave, it looks bigger and beefier. Being a Limited means that it is in top trim with only carpeted floor mats as an additional option. It's powered by a 3.8 liter naturally aspirated V6 producing 291 HP and 262 lb-ft of torque and equipped with start/stop. On my quick initial test drive I found the start/stop function to be unobtrusive and quick to restart the vehicle when I was ready to roll. Another immediate impression was with the sound quality of the Harmon Kardon sound system. I hooked my phone up via USB and Android Auto took over, playing my favorite Pandora station loud and clear. Another feature I like is the video display in the dash when using the turn signal. It helps clear any blind spots one might have in this big SUV. So while you're stuffing your faces with turkey this Thursday, think of questions you have about the 2020 Hyundai Palisade and post them below. View full article
  2. Nov-19 Nov-18 2019 YTD 2018 YTD Hyundai 60,601 57,082 624,051 602,527 Model Sales Vehicle Nov-19 Nov-18 2019 YTD 2018 YTD Accent 1,596 1,957 23,317 25,260 Elantra 17,322 18,148 156,374 185,339 Ioniq 1,495 1,074 18,410 13,801 Kona 5,996 5,976 66,648 38,771 Nexo 38 0 252 36* Palisade 5,268 0 23,082 0 Santa Fe 9,740 8,994 117,023 105,691 Sonata 5,931 8,173 80,361 96,413 Tucson 12,008 11,908 126,157 126,879 Veloster 917 853 12,137 9,710 Venue 290 0 290 0 *Includes Tucson Fuel Cell sales
  3. In the C&G garage for the week is the 2020 Hyundai Palisade Limited AWD with a sticker price of $47,605. This is Hyundai's newest SUV, at least until the diminutive Hyundai Venue takes its place at the other end of the size spectrum. The first impression I got from the Palisade was how big it is. Even though it is around 7 inches shorter than a Buick Enclave, it looks bigger and beefier. Being a Limited means that it is in top trim with only carpeted floor mats as an additional option. It's powered by a 3.8 liter naturally aspirated V6 producing 291 HP and 262 lb-ft of torque and equipped with start/stop. On my quick initial test drive I found the start/stop function to be unobtrusive and quick to restart the vehicle when I was ready to roll. Another immediate impression was with the sound quality of the Harmon Kardon sound system. I hooked my phone up via USB and Android Auto took over, playing my favorite Pandora station loud and clear. Another feature I like is the video display in the dash when using the turn signal. It helps clear any blind spots one might have in this big SUV. So while you're stuffing your faces with turkey this Thursday, think of questions you have about the 2020 Hyundai Palisade and post them below.
  4. Hyundai has announced that is has developed the world's first road noise countering active noise control system. While active noise control is available in many makes and models, it is limited to when the noise is constant and predictable. Hyundai's new system is able to analyze noise at a much faster pace. The digital sound processor can respond to a noise in 0.002 seconds. Cabin microphones constantly monitor road noise and then the speaker system emits sound waves that cancel out drone or engine roughness. Hyundai says they are able to decrease cabin noise by up to 3dB. That means that noise is cut nearly in half as compared to running without RANC. In EVs that can make the ride almost completely silent. The first application of this will be applied to an upcoming Genesis model, likely the Genesis SUV. View full article
  5. Hyundai has announced that is has developed the world's first road noise countering active noise control system. While active noise control is available in many makes and models, it is limited to when the noise is constant and predictable. Hyundai's new system is able to analyze noise at a much faster pace. The digital sound processor can respond to a noise in 0.002 seconds. Cabin microphones constantly monitor road noise and then the speaker system emits sound waves that cancel out drone or engine roughness. Hyundai says they are able to decrease cabin noise by up to 3dB. That means that noise is cut nearly in half as compared to running without RANC. In EVs that can make the ride almost completely silent. The first application of this will be applied to an upcoming Genesis model, likely the Genesis SUV.
  6. The Hyundai Sonata is likely to make a big splash with its good looks when it hits dealers in a few weeks. One thing that was missing from the original release of the Sonata was an up-level engine option. To review, the Sonata can be optioned with a 191 horsepower 2.5-liter 4-cylinder or a 180 horsepower 1.6-liter turbocharged 4-cylinder with a wide peak torque band and 195 lb.-ft. Gone is the 245 horsepower 2.0-liter turbo. Back in April, Hyundai confirmed that it would produce an N-Line version of the car with 275 horsepower. That car is likely to be debuting at the LA Auto Show later this month. The kicker is the N-line is not the full performance edition like a Sonata N would be. Now, rumors out of Korea via Korean Car Blog say that the full N will be coming late next year. Powering the Sonata N would be a 2.5-liter turbocharge direct injected engine producing at least 300 horsepower and 311 lb.-ft of torque. Power would be fed through an 8-speed wet dual-clutch transmission. This powertrain has already been shown at a 2019 Hyundai Kia Motors Powertrain Conference, so we know they'll be building this engine for something. Of course, Hyundai has not commented on any of these rumors, so take a Sonata N with a grain of salt. Still, a performance tuned Sonata could make an exciting addition to the otherwise stale and fading mid-size car market. View full article
  7. The Hyundai Sonata is likely to make a big splash with its good looks when it hits dealers in a few weeks. One thing that was missing from the original release of the Sonata was an up-level engine option. To review, the Sonata can be optioned with a 191 horsepower 2.5-liter 4-cylinder or a 180 horsepower 1.6-liter turbocharged 4-cylinder with a wide peak torque band and 195 lb.-ft. Gone is the 245 horsepower 2.0-liter turbo. Back in April, Hyundai confirmed that it would produce an N-Line version of the car with 275 horsepower. That car is likely to be debuting at the LA Auto Show later this month. The kicker is the N-line is not the full performance edition like a Sonata N would be. Now, rumors out of Korea via Korean Car Blog say that the full N will be coming late next year. Powering the Sonata N would be a 2.5-liter turbocharge direct injected engine producing at least 300 horsepower and 311 lb.-ft of torque. Power would be fed through an 8-speed wet dual-clutch transmission. This powertrain has already been shown at a 2019 Hyundai Kia Motors Powertrain Conference, so we know they'll be building this engine for something. Of course, Hyundai has not commented on any of these rumors, so take a Sonata N with a grain of salt. Still, a performance tuned Sonata could make an exciting addition to the otherwise stale and fading mid-size car market.
  8. Sales Summary Oct-19 Oct-18 2019 YTD 2018 YTD Hyundai 57,094 52,653 563,450 545,445 Model Sales Vehicle Oct-19 Oct-18 2019 YTD 2018 YTD Accent 1,706 1,483 21,721 23,303 Elantra 13,583 18,312 139,052 167,191 Ioniq 2,769 1,121 16,915 12,727 Kona 5,514 4,330 60,652 32,795 Nexo 17 0 214 36* Palisade 4,357 0 17,814 0 Santa Fe 10,964 7,728 107,283 96,697 Sonata 6,062 7,265 74,430 88,240 Tucson 11,288 11,493 114,149 114,971 Veloster 834 921 11,220 8,857 *Includes Tucson Fuel Cell sales 2019 MoM 2018 MoM 2019 YTD 2018 YTD 57,094 52,653 563,450 545,445 8.4% 3.30%
  9. Last week we reported on a teaser that Hyundai sent out about it's upcoming hydrogen truck concept. Today, it's here. Meet the HDC-6 Neptune, a Class-8 semi-truck that runs on hydrogen fuel cells. Hyundai says that fuel cells are a better fit for long haul driving than batteries due to the lower refueling time, higher range, and higher payload. The styling of the concept is inspired by the Art Deco designs by Henry Dreyfuss of the New York Central railroad in the 1930s. The fuel cell powertrain gave Hyundai the opportunity to change the classic layout of a Class-8 truck. They took the technical requirements and found new ways to combine form and function. For example, the massive cooling requirements necessitated a grille that wrapped nearly all the way around the vehicle. Inside the grille are retractable steps up to the cab. The combination of both cab over engine and conventional truck formats gives the Neptune gains in packaging efficiency and ergonomics. Hyundai plans to work with partners to pave the way for a hydrogen ecosystem specifically for commercial vehicles in the US. In Switzerland, Hyundai is building 1,600 fuel cell heavy-duty trucks with its partner H2 Energy. In addition to the Neptune, Hyundai introduced a concept refrigerated trailer. The trailer is virtually noiseless compared to typical diesel powered refrigerated trailers. The trailer reduces pollution and emissions. The roof, front wall, and side walls are constructed of one-piece, structural sandwich foam panels with fiber reinforced polymer skins. The trailer is made without posts or roof bows and the entire design is lighter than a typical trailer while also increasing wall strength and enhancing thermal efficiency. View full article
  10. Last week we reported on a teaser that Hyundai sent out about it's upcoming hydrogen truck concept. Today, it's here. Meet the HDC-6 Neptune, a Class-8 semi-truck that runs on hydrogen fuel cells. Hyundai says that fuel cells are a better fit for long haul driving than batteries due to the lower refueling time, higher range, and higher payload. The styling of the concept is inspired by the Art Deco designs by Henry Dreyfuss of the New York Central railroad in the 1930s. The fuel cell powertrain gave Hyundai the opportunity to change the classic layout of a Class-8 truck. They took the technical requirements and found new ways to combine form and function. For example, the massive cooling requirements necessitated a grille that wrapped nearly all the way around the vehicle. Inside the grille are retractable steps up to the cab. The combination of both cab over engine and conventional truck formats gives the Neptune gains in packaging efficiency and ergonomics. Hyundai plans to work with partners to pave the way for a hydrogen ecosystem specifically for commercial vehicles in the US. In Switzerland, Hyundai is building 1,600 fuel cell heavy-duty trucks with its partner H2 Energy. In addition to the Neptune, Hyundai introduced a concept refrigerated trailer. The trailer is virtually noiseless compared to typical diesel powered refrigerated trailers. The trailer reduces pollution and emissions. The roof, front wall, and side walls are constructed of one-piece, structural sandwich foam panels with fiber reinforced polymer skins. The trailer is made without posts or roof bows and the entire design is lighter than a typical trailer while also increasing wall strength and enhancing thermal efficiency.
  11. Model Sales Vehicle Sep-19 Sep-18 2019 YTD 2018 YTD Accent 1,702 2,536 20,015 21,820 Elantra 14,614 19,923 125,469 148,879 Ioniq 1,504 864 14,146 11,606 Kona 5,287 4,327 55,138 28,465 Nexo 23 0 197 36* Palisade 3,495 0 13,457 0 Santa Fe 8,276 10,162 96,319 88,969 Sonata 6,029 7,735 68,368 80,975 Tucson 10,293 10,646 102,861 103,478 Veloster 728 746 10,386 7,936 *Includes Tucson Fuel Cell sales Hyundai 51,951 56,940 506,356 492,792
  12. The EPA has released the fuel economy numbers for the 2020 Hyundai Venue and they look pretty darn good. Remember that the Hyundai Venue is offered with a choice of two transmissions, a 6-speed manual and a CVT. The CVT is the fuel miser with a rating of 30 mpg city, 34 mpg highway, and 32 mpg combined. The manual clocks in at 27 mpg city, 35 mpg highway, and 30 mpg combined. The closest competitor, the Nissan Kicks does a little better at 31 mpg city, 36 mpg highway, and 33 mpg combined. Other non-hybrid crossovers in the segment are a little bit larger and a bit more powerful, so the Venue beats them there. The Venue is powered by a 1.6 liter 4-cylinder producing 121 horsepower and 113 lb.-ft of torque to the front wheels. All-wheel drive is not an option. You can read more about our first impressions of the 2020 Hyundai Venue here.
  13. The EPA has released the fuel economy numbers for the 2020 Hyundai Venue and they look pretty darn good. Remember that the Hyundai Venue is offered with a choice of two transmissions, a 6-speed manual and a CVT. The CVT is the fuel miser with a rating of 30 mpg city, 34 mpg highway, and 32 mpg combined. The manual clocks in at 27 mpg city, 35 mpg highway, and 30 mpg combined. The closest competitor, the Nissan Kicks does a little better at 31 mpg city, 36 mpg highway, and 33 mpg combined. Other non-hybrid crossovers in the segment are a little bit larger and a bit more powerful, so the Venue beats them there. The Venue is powered by a 1.6 liter 4-cylinder producing 121 horsepower and 113 lb.-ft of torque to the front wheels. All-wheel drive is not an option. You can read more about our first impressions of the 2020 Hyundai Venue here. View full article
  14. Model Sales Vehicle Aug-19 Aug-18 2019 YTD 2018 YTD Accent 1,577 2,586 18,313 19,284 Elantra 14,305 15,475 110,855 128,956 Ioniq 2,152 945 12,642 10,742 Kona 6,385 4,772 49,851 24,138 Nexo 34 0 174 36* Palisade 5,115 0 9,962 0 Santa Fe 10,828 11,347 88,043 78,807 Sonata 8,231 9,457 62,339 73,240 Tucson 13,985 11,559 92,568 92,832 Veloster 1,125 788 9,658 7,190
  15. Hyundai teased an image of its『45』Concept today ahead of the Frankfort International Motor Show. The car will be a fully electric vehicle and will be a symbolic milestone for Hyundai's future EV design. The concept looks back to the brand's first model in the 1970s for inspiration and is visibly angular. The new design language is an evolution of Hyundai's "Sensuous Sportiness" design. ‘Sensuous’ stands for enhanced emotional values that customers can experience through design, and ‘Sportiness’ is determined to implement those values through innovative mobility solutions. The 『45』Concept will be unveiled on September 10th. View full article
  16. Hyundai teased an image of its『45』Concept today ahead of the Frankfort International Motor Show. The car will be a fully electric vehicle and will be a symbolic milestone for Hyundai's future EV design. The concept looks back to the brand's first model in the 1970s for inspiration and is visibly angular. The new design language is an evolution of Hyundai's "Sensuous Sportiness" design. ‘Sensuous’ stands for enhanced emotional values that customers can experience through design, and ‘Sportiness’ is determined to implement those values through innovative mobility solutions. The 『45』Concept will be unveiled on September 10th.
  17. Model Sales Vehicle July-19 July-18 2019 YTD 2018 YTD Accent 1,830 1,873 16,736 16,698 Elantra 11,579 13,753 96,550 113,481 Ioniq 2,891 1,198 10,490 9,797 Kona 6,377 4,173 43,466 19,366 Nexo 21 0 140 36* Palisade 4,464 0 4,847 0 Santa Fe 9,644 8,275 77,215 67,460 Sonata 6,976 9,548 54,108 63,783 Tucson 12,629 11,360 78,583 81,273 Veloster 929 943 8,533 6,402 *Includes Tucson Fuel Cell sales Sales Summary July-19 July-18 2019 YTD 2018 YTD Hyundai 57,340 51,137 390,668 378,923
  18. Hyundai has released released details of the 2020 Hyundai Sonata Hybrid. While visually it remains close to the non-hybrid version, it does get a different grille, rear spoilers, and special alloy wheels to fine tune aerodynamics. Hyundai has two technologies debuting on the 2020 Hyundai Sonata Hybrid. First is a solar roof system that recharges the battery to increase travel distance and unnecessary battery discharge. When the system gets an average of 6 hours a day of charging, it is expect to increase travel distance by about 800 miles annually. The second is a new 6-speed hybrid automatic transmission with Active Control Shift (ACS). The transmission is monitored by the hybrid control unit 500 times per second and uses the hybrid motor to precisely adjust the transmission rotational speed to allow for faster shift times and better fuel efficiency. This technology also increases durability of the transmission by reducing friction during shifting. The engine of Sonata Hybrid is a 2.0 liter 4-cylinder producing 152 horsepower, the electric motor max power output is 38 horsepower, for a total system power output of 195 horsepower. The 2020 Hyundai Sonata goes on sale late summer 2019, no word on when the hybrid will be available. Related: View full article
  19. Hyundai has released released details of the 2020 Hyundai Sonata Hybrid. While visually it remains close to the non-hybrid version, it does get a different grille, rear spoilers, and special alloy wheels to fine tune aerodynamics. Hyundai has two technologies debuting on the 2020 Hyundai Sonata Hybrid. First is a solar roof system that recharges the battery to increase travel distance and unnecessary battery discharge. When the system gets an average of 6 hours a day of charging, it is expect to increase travel distance by about 800 miles annually. The second is a new 6-speed hybrid automatic transmission with Active Control Shift (ACS). The transmission is monitored by the hybrid control unit 500 times per second and uses the hybrid motor to precisely adjust the transmission rotational speed to allow for faster shift times and better fuel efficiency. This technology also increases durability of the transmission by reducing friction during shifting. The engine of Sonata Hybrid is a 2.0 liter 4-cylinder producing 152 horsepower, the electric motor max power output is 38 horsepower, for a total system power output of 195 horsepower. The 2020 Hyundai Sonata goes on sale late summer 2019, no word on when the hybrid will be available. Related:
  20. Hyundai first showed the Santa Cruz pickup truck concept at the 2015 Detroit Auto Show and has teased the truck to the public in the 4 years since its debut. Now it seems that the Vice President of Product, Corporate, and Digital Planning is saying the Korean auto maker is expecting to enter the U.S. truck market soon with a model built in North America, and possibly in the U.S. Hyundai already builds the Santa Fe crossover in Montgomery Alabama. The Santa Cruse that was shown at NAIAS was a crossover vehicle similar to the Honda Ridgeline and featured a 2.0-liter turbo diesel engine, a tailgate which could extend out further from the truck, and rear hinged rear doors. Given that Hyundai has already canceled plans for the diesel Santa Fe, don't expect one to make it into the Santa Cruz. There is still no timeline for introduction or production of the consumer version, so if you're holding your breath for this truck, you'll have to keep holding a bit longer. View full article
  21. Hyundai first showed the Santa Cruz pickup truck concept at the 2015 Detroit Auto Show and has teased the truck to the public in the 4 years since its debut. Now it seems that the Vice President of Product, Corporate, and Digital Planning is saying the Korean auto maker is expecting to enter the U.S. truck market soon with a model built in North America, and possibly in the U.S. Hyundai already builds the Santa Fe crossover in Montgomery Alabama. The Santa Cruse that was shown at NAIAS was a crossover vehicle similar to the Honda Ridgeline and featured a 2.0-liter turbo diesel engine, a tailgate which could extend out further from the truck, and rear hinged rear doors. Given that Hyundai has already canceled plans for the diesel Santa Fe, don't expect one to make it into the Santa Cruz. There is still no timeline for introduction or production of the consumer version, so if you're holding your breath for this truck, you'll have to keep holding a bit longer.
  22. Model Sales Vehicle June-19 June-18 2019 YTD 2018 YTD Accent 2,632 2,120 14,906 14,825 Elantra 16,540 17,858 84,971 99,728 Ioniq 1,607 1,506 7,599 8,599 Kona 6,341 4,240 37,089 15,193 Nexo 21 0 119 36* Palisade 383 0 383 0 Santa Fe 14,335 10,526 67,571 59,185 Sonata 8,379 10,066 47,132 54,235 Tucson 12,825 16,173 65,954 69,913 Veloster 1,139 767 7,604 5,459
  23. Hyundai 66,121 64,980 269,126 264,530 Model Sales Vehicle May-19 May-18 2019 YTD 2018 YTD Accent 2,659 2,471 12,274 12,705 Elantra 15,733 20,762 68,431 81,870 Ioniq 1,471 1,506 5,992 7,093 Kona 7,197 5,079 30,748 10,953 Nexo 19 19* 98 36* Santa Fe 13,807 10,707 53,236 48,659 Sonata 8,599 10,728 38,753 44,169 Tucson 15,616 12,972 53,129 53,740 Veloster 1,020 728 6,465 4,692
  24. From the strange bedfellows' file; Hyundai and Kia have announced a joint investment of 80 million Euros (about $90 million) into Croatia-based Rimac Automobili. Rimac may be known to most people for the fast Concept One electric supercar - the vehicle which Richard Hammond had a serious crash when filming The Grand Tour. "The companies will work closely together to develop prototypes for an electric version of Hyundai Motor's N brand midship sports concept car and a high-performance fuel cell electric vehicle. Hyundai Motor Group will leverage the partnership to build on its existing R&D capabilities to meet its electrification plan, which includes deployment of 44 eco-friendly models by 2025," Hyundai said in a statement this week. Hyundai has been teasing the idea mid-ship sports car for the past few years with a number of Veloster based concepts like the RM16 N. Maybe something could come to fruition with the help of Rimac. What does Rimac get out of this deal? This will allow the company to grow into a Tier 1 supplier for the industry for electric components. Source: Hyundai, Rimac HYUNDAI MOTOR AND KIA MOTORS INVEST 80M EUR IN RIMAC AND ESTABLISH A TECHNOLOGY PARTNERSHIP Hyundai Motor to invest 64M EUR; Kia Motors to invest 16M EUR; Rimac and Hyundai Motor Group form a technical partnership to collaborate on two high-performance electric vehicles by 2020 SEOUL, ZAGREB, 14 May 2019 – Hyundai Motor Company and Kia Motors Corporation have jointly invested 80M Euros in Rimac Automobili (Rimac) - the Croatian high-performance electric vehicle technology and sportscar company. The companies have announced a strategic partnership to collaborate on the development of high-performance electric vehicles. With the new collaboration underway, Hyundai Motor Group aims to speed up its transition towards Clean Mobility and position itself as a global leader in driving this change in the industry. Rimac has established themselves as a leader in high-performance electric vehicle technology and as an electric sportscar manufacturer. The company continues to deliver EV technology supporting many industry partners, including Hyundai Motor Group, to accelerate their way towards an electric future. Hyundai Motor, Kia Motors and Rimac will work closely together to develop an electric version of Hyundai Motor’s N brand midship sports car and a high-performance fuel cell electric vehicle. “Rimac is an innovative company with outstanding capabilities in high-performance electric vehicles,” said Euisun Chung, Executive Vice Chairman of Hyundai Motor Group. “Its startup roots and abundant experience collaborating with automakers combined with technological prowess makes Rimac the ideal partner for us. We look forward to collaborating with Rimac on our road to Clean Mobility.” Founder and CEO of Rimac Automobili, Mate Rimac said: “We are very impressed by the Hyundai Motor Group’s vision and prompt and decisive initiative. We believe that this technology partnership will create maximum value for our companies and their customers. Rimac is still a young and relatively small but fast-growing company. We see a strong investor and technology partner in Hyundai Motor Group and believe that this collaboration will charge the company’s position as a Tier-1 electrification components supplier to the industry. View full article
  25. From the strange bedfellows' file; Hyundai and Kia have announced a joint investment of 80 million Euros (about $90 million) into Croatia-based Rimac Automobili. Rimac may be known to most people for the fast Concept One electric supercar - the vehicle which Richard Hammond had a serious crash when filming The Grand Tour. "The companies will work closely together to develop prototypes for an electric version of Hyundai Motor's N brand midship sports concept car and a high-performance fuel cell electric vehicle. Hyundai Motor Group will leverage the partnership to build on its existing R&D capabilities to meet its electrification plan, which includes deployment of 44 eco-friendly models by 2025," Hyundai said in a statement this week. Hyundai has been teasing the idea mid-ship sports car for the past few years with a number of Veloster based concepts like the RM16 N. Maybe something could come to fruition with the help of Rimac. What does Rimac get out of this deal? This will allow the company to grow into a Tier 1 supplier for the industry for electric components. Source: Hyundai, Rimac HYUNDAI MOTOR AND KIA MOTORS INVEST 80M EUR IN RIMAC AND ESTABLISH A TECHNOLOGY PARTNERSHIP Hyundai Motor to invest 64M EUR; Kia Motors to invest 16M EUR; Rimac and Hyundai Motor Group form a technical partnership to collaborate on two high-performance electric vehicles by 2020 SEOUL, ZAGREB, 14 May 2019 – Hyundai Motor Company and Kia Motors Corporation have jointly invested 80M Euros in Rimac Automobili (Rimac) - the Croatian high-performance electric vehicle technology and sportscar company. The companies have announced a strategic partnership to collaborate on the development of high-performance electric vehicles. With the new collaboration underway, Hyundai Motor Group aims to speed up its transition towards Clean Mobility and position itself as a global leader in driving this change in the industry. Rimac has established themselves as a leader in high-performance electric vehicle technology and as an electric sportscar manufacturer. The company continues to deliver EV technology supporting many industry partners, including Hyundai Motor Group, to accelerate their way towards an electric future. Hyundai Motor, Kia Motors and Rimac will work closely together to develop an electric version of Hyundai Motor’s N brand midship sports car and a high-performance fuel cell electric vehicle. “Rimac is an innovative company with outstanding capabilities in high-performance electric vehicles,” said Euisun Chung, Executive Vice Chairman of Hyundai Motor Group. “Its startup roots and abundant experience collaborating with automakers combined with technological prowess makes Rimac the ideal partner for us. We look forward to collaborating with Rimac on our road to Clean Mobility.” Founder and CEO of Rimac Automobili, Mate Rimac said: “We are very impressed by the Hyundai Motor Group’s vision and prompt and decisive initiative. We believe that this technology partnership will create maximum value for our companies and their customers. Rimac is still a young and relatively small but fast-growing company. We see a strong investor and technology partner in Hyundai Motor Group and believe that this collaboration will charge the company’s position as a Tier-1 electrification components supplier to the industry.

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