The Hyundai Motor Group revealed Tuesday plans to become a top three global EV producer by 2030 with a new roughly $18 billion domestic investment (KRW 24 trillion) to spark growth.
Hyundai Mobis, the parts and service arm of the Hyundai Motor Company, revealed a new tech system that can automatically adjust the height of your EV depending on the environment, such as on rough roads, highways, parking lots, etc.
Following its “Unlock the Software Age” global forum earlier this evening, Hyundai Motor Group has outlined a detailed roadmap to transform its entire lineup of vehicles (gas and electric) across all brands into Software Defined Vehicles (SDVs) by 2025. This new era of vehicle technology will allow HMG to constantly evolve along with its vehicles, which will be able to stay up-to-date via over-the-air updates. To support this new era, the Group has already committed to spending 18 trillion won (~$12.5 billion) to establish a new Global Software Center and accelerate SDV development.