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Automobiles

Hyundai boosts electric vehicle range to 500 km with new platform

Shared system fuels South Korean automaker's plan for 23 new EV models by 2025

Hyundai Motor plans to roll out 23 new electric vehicle models between 2021 and 2025. (Photo courtesy of Hyundai Motor)

SEOUL -- Hyundai Motor has developed an electric vehicle platform with a driving range surpassing 500 km on one charge, the South Korean automaker said Wednesday, improving upon EVs currently available from the company.

The dedicated E-GMP platform will underpin electric models ranging from sedans and sport utility vehicles to the luxury brand Genesis. Sharing critical powertrain components will let Hyundai cut procurement costs.

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