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Hyundai and Kia introduce a new ‘Uni Wheel’ drive system that could revolutionize EV design

Hyundai uni Wheel

During a “Uni Wheel Tech Day” event held in Seoul earlier today, Hyundai Motor and Kia Corporation presented a potentially game-changing approach to the design of an EV’s drivetrain. The Universal Wheel Drive system, or “Uni Wheel” for short, moves main components to the wheel hub, creating additional space in a given vehicle’s interior. Learn more in the video below.

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Hyundai plans for double-digit profit margins via new EV platform, next-gen batteries

Hyundai-EV-platform

The Hyundai Motor Group revealed during its 2023 annual investor day on Tuesday that it would accelerate its transition to electric cars. With an injection of new funds dedicated to EV and battery development, Hyundai is raising its annual EV sales goal to two million by 2030, aiming for over 10% profit margins.

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