The electric push is on as manufacturers race to position themselves for an EV future. Many companies have made verbal commitments to going all-electric, but Hyundai could be taking a bold step by ending the development of future internal combustion engines right now.
That’s the word in a report from Business Korea. In an article that dropped just before Christmas, the report claims Hyundai Motor Group officially cut its engine development department at the company’s Namyang Research Institute south of Seoul. The report also states the automaker’s powertrain group was reorganized into an electrification development team, and that a battery development group was established.
There’s been no official announcement from Hyundai regarding these claims. We’ve contacted Hyundai representatives to confirm the information and offer clarification if true. We will certainly update this article if new information becomes available.
The report does coincide with a significant shakeup in upper-level management and reshuffling at Hyundai. Albert Biermann announced his retirement as the company’s R&D head, and design boss Peter Schreyer is also moving to a new role. The automaker also announced upwards of 200 various executive promotions, with over one-third coming in the R&D division.
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“Many of the new appointments represent the next generation of leaders and have been recognized for their achievements and role in the ongoing success of the Group,” said a company spokesperson in a statement.
While the future of motoring certainly seems electric, there’s still a question of middle ground as charging infrastructure and vehicle charging times continue to improve. Hybrids are widely seen as a solution, though dropping combustion engine development would mean Hyundai is ready to rely on its current engine lineup to supplement its EV offerings. Hyundai has also been a vocal proponent of hydrogen fuel cell technology, and it’s likely we’ll see more of that in lieu of combustion engine development.
Source: Business Korea
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