Marking a huge milestone for the South Korean automaker, Hyundai celebrated its first electric vehicle assembled in the US Tuesday. The Genesis Electrified GV70 EV is the luxury brand’s first model constructed outside South Korea as the automaker moves toward an electric future.
As the auto industry undergoes one of the most significant transformations throughout its history, Hyundai looks to solidify its position in the electric future.
Despite early success with EV models like the IONIQ 5 and Kia EV6, Hyundai believes it has an advantage moving forward.
Hyundai announced plans to build a $5.5 billion EV plant in Bryan County, Georgia, last May, its first in the US. Construction was initially slated for early 2023, but after the Inflation Reduction Act was passed, it stoked a sense of urgency as Hyundai broke ground this past October, with production expected to begin in 2025.
In the meantime, Hyundai shared its plans to begin manufacturing its Genesis GV70 SUV at its Montgomery, Alabama, facility alongside its ICE predecessor as the shift to EV manufacturing begins.
According to a report from Alabama.com, the first Genesis EV model rolled off the production line Tuesday, marking a new era for both Hyundai and Genesis in the US.
Hyundai’s first EV built in the US
The first US-built Genesis GV70 Electrified SUV rolled off the assembly line Tuesday as public officials stood by to observe the EVs battery being installed.
Hyundai Motor Manufacturing Alabama president and CEO said at the news release:
Hyundai Motor Group has set a clear direction for the organization’s future mobility solutions that includes innovative designs propelled by batteries or hydrogen fuel cells.
The Genesis GV70 is the brand’s third EV, following the GV60 SUV launched in 2021 and the all-electric G80 executive sedan that arrived last year.
Hyundai Motor Noth America COO Claudia Marquez says the GV70 “represents two important milestones” as it grows its zero-emission electric portfolio and expands assembly capabilities to the US.
The 2023 Genesis Electrified GV70 will start at $65,850 and comes equipped with dual 160 kW front and 160 kW rear motors, a 77.4 kWh lithium-ion battery, and 400V/800V multi-charging.
Genesis has already committed to an all-electric vehicle lineup by 2030, with all new models launched after 2025 being electric.
Electrek’s Take
After investing heavily in electric vehicles in recent years, the GV70 marks a significant milestone for Hyundai as it expands its production network. The GV70 is poised to make a splash in the EV market competition against luxury EVs in the US, such as the Rivian R1S (MSRP from $73,000), BMW iX ($85,000), Audi e-tron ($70,800), and several others.
Hyundai plans to become a leader in the EV market as it aims to capture 7% of the global EV market by 2030.
The South Korean automaker announced yesterday that prices for its “electrified streamliner” IONIQ 6 sedan would start at $41,600 (+$1,115 delivery charge), which is also slated to play an integral role as the company transition to an electric future.
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The Top Gear TV show might be over, but its tamed racing driver – a masked, anonymous hot shoe known only as “the Stig” – lives on … and his latest adventure involves pitching the 1,400 hp electric Ford SuperVan demonstration vehicle around the famed Top Gear test track. Sideways.
In this video from the official Top Gear YouTube channel (is Top Gear just a YouTube show, now?), the boxy Ford racer seems to have sprouted an additional 600 peak horsepower in its latest “4.2” iteration, for a stout 2,000 hp total. For his (?) part, the Stig puts all of those horses to work in what appears to be a serious attempt to take the overall track record.
I won’t spoil the outcome for you, but suffice it to say that even the most die-hard anti-EV hysterics will have to admit that SuperVan is a seriously quick machine.
SuperVan 4.2: How fast can a 2000 hp transit go?
[SPOILERS AHEAD] Even with 2,000 hp, instant torque, and over 4,000 lbs. of aerodynamic downforce, the SuperVan wasn’t able to beat the long-standing 1st and 2nd place spots held by the Renault R24 (a legit Formula 1 race car) and the Lotus T125 Exos (a track-only special that sure looks like a legit Formula 1 race car), but after crossing the line with a time of 1:05.3, the Ford claims third place on the overall leaderboard.
You can check out the video (above) and watch the whole segment for yourself, or just skip ahead to the eight-minute mark to watch the tire-shredding sideways action promised in the headline. If you do, let us know what you think of Ford’s fast “van” in the comments.
Swedish multinational Sandvik says it’s successfully deployed a pair of fully autonomous Toro LH518iB battery-electric underground loaders at the New Gold Inc. ($NGD) New Afton mine in British Columbia, Canada.
The heavy mining equipment experts at Sandvik say that the revolutionary new 18 ton loaders have been in service since mid-November, working in a designated test area of the mine’s “Lift 1” footwall. The mine’s operators are preparing to move the automated machines to the mine’s “C-Zone” any time now, putting them into regular service by the first of the new year.
“This is a significant milestone for Canadian mining, as these are North America’s first fully automated battery-electric loaders,” Sandvik said in a LinkedIn post. “(The Toro LH518iB’s) introduction highlights the potential of automation and electrification in mining.”
The company says the addition of the new heavy loaders will enable New Afton’s operations to “enhance cycle times and reduce heat, noise and greenhouse gas emissions” at the block cave mine – the only such operation (currently) in Canada.
Electrek’s Take
From drilling and rigging to heavy haul solutions, companies like Sandvik are proving that electric equipment is more than up to the task of moving dirt and pulling stuff out of the ground. At the same time, rising demand for nickel, lithium, and phosphates combined with the natural benefits of electrification are driving the adoption of electric mining machines while a persistent operator shortage is boosting demand for autonomous tech in those machines.
European logistics firm Contargo is adding twenty of Mercedes’ new, 600 km-capable eActros battery electric semi trucks to its trimodal delivery fleet, bringing zero-emission shipping to Germany’s hinterland.
With the addition of the twenty new Mercedes, Contargo’s electric truck fleet has grown to 60 BEVs, with plans to increase that total to 90. And, according to Mercedes, Contargo is just the first.
Contargo’s 20 eActros 600 trucks were funded in part by the Federal Ministry for Digital Affairs and Transport as part of a broader plan to replace a total of 86 diesel-engined commercial vehicles with more climate-friendly alternatives. The funding directive is coordinated by NOW GmbH, and the applications were approved by the Federal Office for Logistics and Mobility.