- This platform will use its own battery technology to cut production time and costs
- Electric Global Modular Platform (E-GMP) will allow it to use its own battery module technology across various EV models and cut the number of components by 60 per cent
As per a report by Reuters, South Korea’s Hyundai Motor Group said that it will introduce an electric vehicle-only platform early next year. This platform will use its own battery technology to cut production time and costs.
The report added that Hyundai expects its dedicated Electric Global Modular Platform (E-GMP) will allow it to use its own battery module technology across various EV models and cut the number of components by 60 per cent. It said in a statement that E-GMP will be highly effective in expanding the Group’s EV leadership position as it will enable the company to enlarge its EV line-up over a relatively short period through modularisation and standardisation.
Offer a driving range of 500 kms (310 miles) or more on a single charge
The report added that an electric vehicle based on E-GMP will offer a driving range of 500 kms (310 miles) or more on a single charge. It is an improvement of at least 23 per cent from the Kona EV, the longest driving range model among Hyundai’s EV lineups. The report added that Hyundai’s R&D chief Albert Biermann said the company doesn’t see the need to make its own battery cells and is content with cooperating with its suppliers including SK Innovation Co Ltd and LG Chem Ltd’s LG Energy Solution
