Advertisement

Hyundai and Canoo to develop new electric car platform

Los Angeles-based technology company Canoo has been chosen to help Hyundai develop its new, scalable electric architecture.

Hyundai Canoo skateboard platform

Hyundai Motor Group has confirmed it will jointly develop a new, all-electric car platform with the Los Angeles-based technology company, Canoo. The new platform will underpin a fresh range of compact Hyundai and Kia EVs, giving the Korean giant new models to challenge the likes of the Skoda Citigo iV and Renault ZOE.

Advertisement - Article continues below

The new electric architecture will be based on Canoo’s existing scalable “skateboard” platform, which already houses the major EV-specific components such as an electric motor and battery pack. Hyundai hopes this decision will allow for a simplified development process, easier assembly and – most importantly – a lower vehicle price for the consumer. 

Best electric cars on sale now

As well as underpinning a handful of compact passenger vehicles, Hyundai’s latest electric platform will also feature under a range of new “Purpose Built Vehicles”. This class includes vehicles such as compact last-mile delivery vans and autonomous urban mobility pods. Hyundai unveiled its first PBV – an autonomous urban vehicle, styled to look like a San Francisco cable car – at this year’s Consumer Electronics Show.

This latest collaboration has seen the Hyundai Motor Group double its investment into product development. Over the next five years, the company plans to spend $87 billion (around £67 billion) on future powertrains, platforms and vehicles. $25 billion (roughly £19 billion) will be allocated to Kia, which aims for ‘eco-friendly’ vehicles to comprise 25 percent of its sales by 2025.

Hyundai and Kia have already confirmed they will have 38 green cars in their line-ups by the mid-2020s, including 14 EVs. Premium brand Genesis is expected to launch its first electric car next year, while the group will continue the development of its hydrogen fuel cell vehicles to supplement its existing Hyundai Nexo SUV.

Hyundai and Canoo’s co-developed EV underpinnings will also be joined by a separate Hyundai Group dedicated electric car platform, that will give the Korean company a host of fresh rivals for Volkswagen’s range of MEB-based vehicles.

What do you make of the Hyundai Group’s latest electric car platform? Let us know in the comments section below… 

Advertisement
Advertisement

Recommended

New 2021 electric Hyundai 45 SUV spied for the first time
Hyundai

New 2021 electric Hyundai 45 SUV spied for the first time

A pre-production version of Hyundai’s retro-styled all-electric SUV has been spotted undergoing development at the Nurburgring
12 May 2020
How to drive an electric car: petrol vs EV driving styles
Hyundai

How to drive an electric car: petrol vs EV driving styles

We get behind the wheel of an electric Hyundai Ioniq and petrol Hyundai i30 Fastback to see if their motive power has an impact on the way we drives
29 Apr 2020
New Hyundai Prophecy concept review
Hyundai

New Hyundai Prophecy concept review

All-electric Hyundai Prophecy concept car previews a future where Hyundais have a more distinct look. We take a drive...
24 Apr 2020
Kia and Hyundai invest in UK electric vehicle firm
Arrival Royal Mail van
Kia

Kia and Hyundai invest in UK electric vehicle firm

British EV firm Arrival gets huge €100million cash injection from Kia and Hyundai
16 Jan 2020

Most Popular

Mitsubishi's UK exit: full details and what it means for owners
News

Mitsubishi's UK exit: full details and what it means for owners

Mitsubishi is leaving the UK and Europe. We look at the warranty, servicing and dealership issues facing existing owners of the brand's cars.
31 Jul 2020
New 2021 Volkswagen Transporter T7 spotted uncamouflaged
Volkswagen Transporter

New 2021 Volkswagen Transporter T7 spotted uncamouflaged

We’ve spied the upcoming next-generation Volkswagen Transporter T7 in its production panelling, ahead of the van’s scheduled launch next year
31 Jul 2020
Vauxhall Corsa-e vs Renault Zoe
Electric cars

Vauxhall Corsa-e vs Renault Zoe

Vauxhall breaks new ground with the electric Corsa-e supermini, but is it good enough to beat the Renault Zoe?
1 Aug 2020