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Hyundai Motor Group details how it will spend $7.4 billion in the U.S. by 2025

Hyundai Motor Group is expanding its technology investment footprint.

Photo courtesy of Hyundai Motor Group

Spending $7.4 billion is no small task. A new release from the Korean automaker details just how the company is going to spend the money by 2025. Hyundai Motor Group (HMG) includes the Kia, Hyundai, Ioniq, and Genesis brands.

HMG intends to make the spend to "enhance overall product competitiveness" in the area of future mobility technologies including electrification and hydrogen. Hyundai and Kia will invest in growing its electric vehicle (EV) manufacturing footprint to scale and production and satisfy U.S. market demands. Market conditions and U.S. government EV police will dictate what next steps are taken.

Hyundai Motor will offer a suite of American-made electric vehicles to U.S. consumers starting next year. This includes the Kia EV6 and Hyundai Ioniq 5. Additional Kia, Hyundai, Genesis, and Ioniq models are in the works with debuts coming in the near future.

"One key element of Kia's transformation is transitioning from internal combustion engine to electrification. With our strategic investment in the United States to produce EV models, we are making huge strides to lead the EV market but also increase our contribution to the economies where we do business," said Sean Yoon, President and CEO of Kia North America.

HMG also intends to expand the U.S. hydrogen ecosystem in collaboration with local private and public partners. There are numerous governmental and filling station hurdles that must be overcome before widespread hydrogen sees usage in the U.S. HMG is committed to the natural fuel, which is used to power electric motors in fuel cell electric vehicles (FCEVs).

HMG is committed to working with the government and other business partners to expand the U.S. hydrogen energy ecosystem. New business opportunities are likely to emerge from that. Hyundai Motor Group signed a memorandum of understanding with the U.S. Department of Energy in February 2020 to cooperate in hydrogen fuel cell technology innovation and global expansion.

Later this year, Hyundai will demonstrate its fuel cell electric trucks ahead of their commercialization. Hyundai previously made an agreement with Cummins Inc., an U.S. based company which specializes in advanced powertrains, to accelerate deployment of fuel cell electric systems in the U.S. market.

Additionally, HMG will invest in Urban Air Mobility (UAM), robotics, and autonomous technologies. The company, along with SoftBank Group Corp. has agreed to a deal that would have HMG gain a controlling interest in Boston Dynamics, a robotics company perhaps best known for making dog-like robots that monitor Singapore's parks and help Ford map out its factories.

HMG will launch a subsidiary in Washington D.C. to spearhead the Group's UAM businesses and work to create an ecosystem that supports what HMG is calling a "revolution of the mobility experience".

HMG and Aptiv, a U.S. mobility technology firm has created Motional, a joint venture aimed at commercializing driverless cars. The new company has already obtained the industry's first driverless license in the state of Nevada and plans to commercialize robotaxi service in 2023 along with its partner Lyft. Motional has started testing the new Ioniq 5 equipped with advanced autonomous driving technology on public roads.

"I am excited to make this announcement on behalf of the Hyundai Motor Group. This investment demonstrates our deep commitment to the U.S. market, our dealers and customers. Hyundai will lead the future of mobility in the United States and around the world. Our efforts are proof positive that Hyundai will continue to pursue excellence in our current and future product line-up," said José Muñoz, Hyundai Motor Company's Global Chief Operating Officer and President and CEO of Hyundai Motor North America.

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New appearance package

2022 Kia Stinger gets new Scorpion Package

The range-topping GT2 trim is available with a new Scorpion Package.

Kia

Passenger cars have been losing ground to SUVs and trucks in the United States for years, but that hasn't stopped some automakers from continuing to build compelling, fun-to-drive coupes and sedans. Kia is among them, and has just announced a new addition to its Stinger lineup for 2022. The fastback sedan will still offer blazing performance from either a turbocharged four-cylinder or twin-turbocharged six-cylinder engine, but will also be available with a special edition package that adds unique exterior styling and interior trim pieces.


Kia Stinger GT2 with Scorpion Package The package includes exclusive wheels and exterior appearance changes.Kia


The Scorpion Special Edition will be limited to just 250 units per month and will only be available to customers in the United States. Kia says the package is expected to sell out quickly, and notes that it will be available for the Stinger GT2 RWD and AWD. The package will be offered in Snow White Pearl, Aurora Black, and Ceramic Silver paint colors.

The 2022 Stinger got several other meaningful updates to keep it fresh. They include a new LED exterior lighting scheme, geometric alloy wheels, and a sportier quad exhaust system. Kia also added a new GT-Line trim, which gets a turbocharged 2.5-liter four-cylinder engine that make 300 horsepower and 311 pound-feet of torque. The GT trim that can be equipped with the Scorpion package gets a twin-turbo 3.3-liter V6 that get a bump in power to 368 ponies and 375 pound-feet of torque. Power hits the rear or all four wheels through an eight-speed automatic transmission with paddle shifters.


Kia Stinger GT2 with Scorpion Package The Stinger GT2 is available with RWD or AWD.Kia


The Stinger can match its bark with some real bite, but it also happens to be a spacious, comfortable sedan with plenty to like inside. The car gets a standard 10.25-inch infotainment touchscreen, navigation, Apple CarPlay and Android Auto, a multi-device Bluetooth system, wireless charging, and more. The Scorpion Edition adds carbon fiber pattern trim pieces throughout the cabin.

The 2022 Kia Stinger is on sale now. The base GT-Line trim starts at $37,135, which includes a $1,045 destination charge. The Stinger GT1 starts at $44,735 and the GT2 trim starts at $52,335. Adding the Scorpion Package to the GT2 model bumps the price by $1,295.


Kia Stinger GT2 with Scorpion Package The Stinger got a new exhaust for 2022.Kia

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The 2022 IONIQ 5 will feature futuristic styling.

Photo courtesy of Hyundai Motor America

The 2022 Hyundai Ioniq 5 was announced earlier this year, but today we learned quite a bit more about the new EV, including that it will sport some impressive charging figures. As the automaker's first dedicated electric vehicle, the Ioniq 5 rollout is an important one, and will take place in stages across late 2021 and early 2022.

Hyundai will offer the Ioniq 5 with two different electric motor options. The base configuration includes a single motor that produces 225 horsepower and 258 pound-feet of torque, and is paired with two-wheel drive. This configuration will be capable of up to 300 miles of range per charge. The upgraded model will come with a dual-motor system and all-wheel drive. It derives a total of 320 horsepower from its motors and can reach 60 mph from a standstill in five seconds. The speedier Ioniq 5's range will reach up to 244 miles on a charge.

2022 Hyundai IONIQ 5 The IONIQ 5 is Hyundai's first dedicated EV.Photo courtesy of Hyundai Motor America

The Ioniq 5's most impressive specs, however, are in its charging speeds. The vehicle supports 800-volt charging and can run 400-volt charging without the need for additional adapters or hardware. Hyundai says it's the first patented technology that uses the motor and inverter to boost 400 volts to 800 volts, which will equate to blazing charging speeds. The Ioniq 5 can charge from 10 percent to 80 percent in 18 minutes, and can regain up to 68 miles of range with just a five minute charge using a 350-kW fast charger. The car can fully recharge in 6 hours and 43 minutes using Level 2 charging.

To provide juice for that fast charging, Hyundai is working with Electrify America to provide over 600 charging stations to owners of the Ioniq 5. Hyundai will also give buyers free charging across the Electrify America network with unlimited 30-minute sessions for two years following the date of purchase.

2022 Hyundai IONIQ 5 The vehicle can provide power for other electric devices.Photo courtesy of Hyundai

EVs are increasingly offering the ability to provide power for other things, which is a trick that the Ioniq 5 will be able to pull off. Hyundai says that it will have the ability to recharge any electric device, including scooters, bicycles, or camping equipment, and notes that it will even be able to provide power to another EV. The function is called V2L, or vehicle-to-load, and provides up to 1.9 kW power using a standard 120-volt outlet. The Ioniq 5's charging port provides power through an available accessory adaptor.

The Ioniq 5 will start hitting dealers' lots this fall, but availability will vary depending on where you live. Buyers in states that are California EV-compliant will get the vehicle first, with others to follow at some point in 2022.

2022 Hyundai IONIQ 5 Two 12-inch displays grace the IONIQ 5's dash.Photo courtesy of Hyundai Motor America

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