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Hyundai invests in product offensive with first EREV models
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Fusion42 · 26 August 2026 · Fusion42 review
Hyundai announced its growth strategy through 2030, focusing on electrified vehicles including its first range-extender electric vehicle (EREV) model, the Santa Fe EREV, launching in North America in 2027. The company aims to achieve 60% electrified passenger car sales by 2030 with a mix of full hybrids, EREVs, and battery-electric vehicles, targeting key markets like North America, Korea, and Europe.
This Wire brief sits within Fusion42's coverage of Electric Vehicles.
◆ ◆ The Wire takeaway
Hyundai's launch of range-extender electric vehicles opens a new option for electrified mobility that cuts reliance on large batteries. You in electric vehicle development should explore partial electrification models as a competitive entry, especially in North America.
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1 source · 26 Aug 2026
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