During its 2022 CEO Investor Day forum, Hyundai Motor Group outlined its electrification strategy through 2030, which includes 17 new BEV models. The accelerated approach to electrification includes an investment of nearly $80 billion in hardware and software technologies, as Hyundai Motor looks to capture 7% of the global EV market by the end of the decade.

more…

The post Hyundai Motor to invest $80 billion in future electrification with 17 new BEVs and a new modular platform appeared first on Electrek.

Swedish EV brand Polestar has provided further evidence of its break from the DNA of parent Volvo Cars, unveiling its second concept vehicle, the Polestar O₂. This all-electric, hard-top convertible builds off the automaker’s Precept concept and further showcases what Polestar has planned for its future EVs from both a design and sustainability standpoint. Whether cinematic drones will be included or not remains uncertain, however.

more…

The post First look at the Polestar O₂ concept: A hard-top roadster convertible with an autonomous drone built in appeared first on Electrek.

Ford announced today that it is separating its electric vehicle and internal combustion businesses into two different units as the automaker is trying to navigate a future that is undeniably electric while dragging a large internal combustion engine business with it.

more…

The post Ford announces separation of its EV business as it drags its internal combustion business into an electric future appeared first on Electrek.

Yamaha has been on an electric scooter roll lately, unveiling new models and teaming up with swappable battery industry leaders. Now we’re seeing new signs that point towards another electric scooter launch from Yamaha.

more…

The post Yamaha likely to unveil at least one new electric scooter soon. Here’s what we already know appeared first on Electrek.

Multinational automotive manufacturer Stellantis has officially joined the electric revolution by recently outlining its blueprint for net zero carbon emissions by 2038. The conglomerate’s strategy, called Dare Forward 2030, calls for 50% of US vehicle sales and 100% of European sales to be BEVs by the end of the decade. Stellantis also teased two upcoming EVs under its marques: Jeep’s first electric SUV and a Ram 1500 BEV pickup said to deliver some leading performance.

more…

The post Electric Jeep and Ram 1500 BEV teased in Stellantis’s ‘Dare Forward 2030’ strategy to become carbon neutral by 2038 appeared first on Electrek.