Earlier this year, whispers and rumors of Hyundai execs putting a halt to any internal combustion engine development were floating throughout the web and, as of this month, it looks like those weren’t just rumors.
Shuffling the Deck
A thorough reorganization at its Namyang Research Institute took place a few weeks ago, according to Business Korea and The Korea Economic Daily, and with it comes some significant changes. Namely, the Powertrain Team has been converted to the Electrification Development Team that will delve into all things EV, including research and development for future Hyundai products.
In addition, the Engine Development Center has been shuttered, and the Battery Development Center takes its place. Its mission is to focus solely on electrification from here on out.
More mixing and matching in the shake up saw the Integrated Product Development Team join forces with the Project Management Team, the result of which will oversee mass production, design, and more through each of the automaker’s vehicle levels. With 12,000 R&D employees based at the Namyang Research Institute, the changes affect much of the staff.
A Running Start
Hyundai’s latest series of moves toward a fully electrified future shouldn’t come as any shock, as we recently reported on the Ioniq 5’s 2021 release and the upcoming Ioniq 7 SUV that’s inching closer to production. The reorg becoming official might raise a few eyebrows, though, at least for those who haven’t come to terms with the idea of a world without internal combustion engine options at local dealerships. Then again, Hyundai’s current lineup of internal combustion engines are advanced and could serve the fleet for a long time, making the need for new development less critical during the transition to EVs.
With 2022 just a few days away, Hyundai’s New Year plans are prodigious. The group promises to unveil a new electric vehicle model every single year for the foreseeable future.
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