South Korean automakers Kia and Hyundai plan to invest at least $18 billion in their electrification initiatives, as they aim to be an all-electric brand by 2030.
As part of their investment in the EV industry, these two Hyundai Motor Group-owned brands will reportedly produce a new architecture by 2025 to support one of the market’s biggest power batteries, ET News reports.
Which model would be the first to use the all-new EV architecture?
A Kia-branded electric sedan will reportedly be the initial production model to use the planned EV architecture.
According to the report, the Group named the project GT1, with plans to position it in the E-segment (semi-large passenger car) in the European classification. It is also interesting to note that some reports suggest the new EV would succeed the iconic Kia Stinger.
The Group will equip its next-gen EV with an industry-leading 113.2 ㎾h battery pack and a 450㎾ motor, generating up to 800 km (497 miles) driving range on a full charge. As noted, it will ride on the all-new eM architecture.
Notably, the GT1 is the first model to use the Group’s revolutionary eM architecture
The report also indicated that the GT1 vehicle would offer a few variants per powertrain’s capacity.
There are apparently single- and dual-motor variants in the works, with the top variant boasting 603 horsepower (450 kilowatts). That said, it will likely advance as the most potent production Kia car ever, generating more power than the EV6 GT.
See Also:
- Hyundai Motor Group announces $18 billion investment in South Korean EV industry by 2030
- Ioniq 6 expanded Hyundai US BEV sales in April 2023
- Hyundai and SK On to build a new US battery cell production plant worth $5B
- Hyundai, LG to establish a $4.3 billion EV battery factory in Georgia
- Hyundai Motor Group aims for the moon with the development of its lunar rover
Nonetheless, Hyundai Motor Group will keep offering its current EV and PHEV portfolio until this new Kia model shows up in 2025.
