At its 2024 CEO Investor Day, Hyundai revealed that it is developing a new series-hybrid technology for the future lineup. The announcement comes soon after Maruti Suzuki revealed its hybrid plans. Called Extended Range Electric Vehicle (EREV), the hybrid tech comes in as part of the Hyundai Dynamic Capabilities strategy. It combines internal combustion engines and electric motors. These will have a combined (ICE + EV) range of up to 900 km.
Hyundai currently has seven hybrid models on sale in various markets. It plans to take the HEV count to 14 in the coming years. By 2030, there will reportedly be 21 EV models in Hyundai’s lineup. EV sales are expected to reach 2 million by the time, EREVs will likely contribute significantly to this. North American and China are evaluated as the top markets for the new range of HEVs.
Hyundai Hybrid Tech EREV Explained
EREV will be a series hybrid system. Also known as a ‘range extender’, this system will have the engine as a complete generator for the electric side of things. The IC engine will not power the wheels directly and will power a drive that generates electricity, which in turn, and charges the battery pack. The wheels will be powered by the electric motor (s) that draw power from the battery pack. This setup is thus different from strong hybrids and allows to reduce the size and costs of battery used. This makes series hybrids more affordable than corresponding all-electric products.
Hyundai will start the production of EREV models by 2026. The official launch is expected sometime in 2027. EREVs will be available across segments and price ranges. Genesys, the luxury arm of the Korean manufacturer, will also have EREV models roll out. The EREV tech will also have support for four-wheel drive layouts, further enhancing its appeal in markets where AWD is in high acceptance.