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Hyundai just made its 100 millionth vehicle, marking a significant milestone. The accomplishment took just 57 years, much quicker than Toyota, Volkswagen, Ford, and GM. With long-range, fast-charging EVs rolling out, like the new IONIQ 5, Hyundai is laying the groundwork for a global sales run.

Since 1967, Hyundai Motor has been trailblazing its own path in the auto industry. After launching Korea’s first passenger car, the Pony, in 1967, Hyundai continued its innovation streak, with new releases like the Sonata, Excel, and Elantra rolling out in the 1980s and early 90s.

In 1991, Hyundai developed its first EV prototype, the Sonata (Y2) EV. The prototype planted the seeds for Hyundai’s dedicated IONIQ brand of electric vehicles, which was born in 2020.

After launching its first vehicle under the new brand in 2021, the IONIQ 5, Hyundai’s midsize electric SUV, has continued to climb the global sales charts. Hyundai followed it up with the IONIQ 6 “electrified streamliner,” which hit the market in 2022.

Hyundai’s dedicated EVs helped it cross a major milestone, as its 100 millionth car, an IONIQ 5, rolled off the production line on September 30, 2024.

Hyundai-vehicle-milestone
Hyundai IONIQ 5 N rolls off the production line, topping the 100 million vehicle milestone (Source: Hyundai)

Hyundai hits 100M vehicle milestone in the new EV era

It took 57 years, which may seem like a long time, but Hyundai hit the threshold much quicker than other global auto leaders.

According to industry sources (via The Korea Herald), it took Volkswagen, Toyota, General Motors, and Ford nearly 100 years to reach the same milestone.

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Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai)

Hyundai held a ceremony at its Ulsan Plant, the foundation of its success, saying it is a “central hub for electrification” with a dedicated EV facility on-site.

“This auspicious occasion is just the first step toward the future era of electrification that Hyundai Motor will lead,” Hyundai Motor’s head of domestic productions said at the event. Hyundai stressed the achievement follows its continuous growth with advanced EVs (including Kia and Genesis models) based on its E-GMP platform.

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2025 Hyundai IONIQ 5 (Source: Hyundai)

Hyundai continues expanding its global footprint. Last year, it opened a new robot-run smart facility in Singapore, introducing new technology to help it cut costs and accelerate production times.

As early as next month, Hyundai will open its massive new $7.6 billion Metaplant America in Georgia, where it will build new EVs.

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Hyundai’s new 2025 IONIQ 5 Limited with a Tesla NACS port (Source: Hyundai)

The first vehicle to roll off assembly is the updated 2025 IONIQ 5, which features more range and a Tesla NACS port. Later this year, Hyundai will also introduce its first three-row electric SUV, the IONIQ 9.

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Hyundai IONIQ 9 (SEVEN) electric SUV concept (Source: Hyundai)

In Korea, Europe, and other global markets, Hyundai’s low-cost Casper Electric (Inster EV overseas) is rolling out.

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Hyundai Casper Electric (Source: Hyundai)

With a starting price tag under $27,500 (25,000 euros), Hyundai’s small electric SUV will be one of the most affordable electric cars on the market as the Korean automaker looks to carry its momentum into the EV era.

Electrek’s Take

With some of the most efficient, affordable electric vehicles on the market, Hyundai is already climbing the global sales charts.

In the second quarter, Hyundai Motor (including Kia and Genesis) surpassed Ford and GM to become America’s second-best-selling EV brand behind Tesla. The Korean automaker just had its best-ever total and retail US sales month in August, with nearly 80,000 vehicles sold.

With US production kicking off and new models arriving, Hyundai is laying the foundation to continue gaining market share. In other global markets, Hyundai is also targeting popular segments with unique electric cars.

To secure a leadership role, Hyundai is heavily investing in batteries and other EV tech to cut costs and improve efficiency. For example, just last week, Hyundai and Kia launched a new LFP battery project to power future lower-priced EVs.

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Europe’s wind power hits 20%, but 3 challenges stall progress

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Europe’s wind power hits 20%, but 3 challenges stall progress

Wind energy powered 20% of all electricity consumed in Europe (19% in the EU) in 2024, and the EU has set a goal to grow this share to 34% by 2030 and more than 50% by 2050.

To stay on track, the EU needs to install 30 GW of new wind farms annually, but it only managed 13 GW in 2024 – 11.4 GW onshore and 1.4 GW offshore. This is what’s holding the EU back from achieving its wind growth goals.

Three big problems holding Europe’s wind power back

Europe’s wind power growth is stalling for three key reasons:

Permitting delays. Many governments haven’t implemented the EU’s new permitting rules, making it harder for projects to move forward.

Grid connection bottlenecks. Over 500 GW(!) of potential wind capacity is stuck in grid connection queues.

Slow electrification. Europe’s economy isn’t electrifying fast enough to drive demand for more renewable energy.

Brussels-based trade association WindEurope CEO Giles Dickson summed it up: “The EU must urgently tackle all three problems. More wind means cheaper power, which means increased competitiveness.”

Permitting: Germany sets the standard

Permitting remains a massive roadblock, despite new EU rules aimed at streamlining the process. In fact, the situation worsened in 2024 in many countries. The bright spot? Germany. By embracing the EU’s permitting rules — with measures like binding deadlines and treating wind energy as a public interest priority — Germany approved a record 15 GW of new onshore wind in 2024. That’s seven times more than five years ago.

If other governments follow Germany’s lead, Europe could unlock the full potential of wind energy and bolster energy security.

Grid connections: a growing crisis

Access to the electricity grid is now the biggest obstacle to deploying wind energy. And it’s not just about long queues — Europe’s grid infrastructure isn’t expanding fast enough to keep up with demand. A glaring example is Germany’s 900-megawatt (MW) Borkum Riffgrund 3 offshore wind farm. The turbines are ready to go, but the grid connection won’t be in place until 2026.

This issue isn’t isolated. Governments need to accelerate grid expansion if they’re serious about meeting renewable energy targets.

Electrification: falling behind

Wind energy’s growth is also tied to how quickly Europe electrifies its economy. Right now, electricity accounts for just 23% of the EU’s total energy consumption. That needs to jump to 61% by 2050 to align with climate goals. However, electrification efforts in key sectors like transportation, heating, and industry are moving too slowly.

European Commission president Ursula von der Leyen has tasked Energy Commissioner Dan Jørgensen with crafting an Electrification Action Plan. That can’t come soon enough.

More wind farms awarded, but challenges persist

On a positive note, governments across Europe awarded a record 37 GW of new wind capacity (29 GW in the EU) in 2024. But without faster permitting, better grid connections, and increased electrification, these awards won’t translate into the clean energy-producing wind farms Europe desperately needs.

Investments and corporate interest

Investments in wind energy totaled €31 billion in 2024, financing 19 GW of new capacity. While onshore wind investments remained strong at €24 billion, offshore wind funding saw a dip. Final investment decisions for offshore projects remain challenging due to slow permitting and grid delays.

Corporate consumers continue to show strong interest in wind energy. Half of all electricity contracted under Power Purchase Agreements (PPAs) in 2024 was wind. Dedicated wind PPAs were 4 GW out of a total of 12 GW of renewable PPAs. 

Read more: Renewables could meet almost half of global electricity demand by 2030 – IEA


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Podcast: New Tesla Model Y unveil, Mazda 6e, Aptera solar car production-intent, more

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Podcast: New Tesla Model Y unveil, Mazda 6e, Aptera solar car production-intent, more

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss the official unveiling of the new Tesla Model Y, Mazda 6e, Aptera solar car production-intent, and more.

The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:

We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the podcast:

Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET):

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BYD’s new Han L EV just leaked in China and it’s a monster

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BYD's new Han L EV just leaked in China and it's a monster

The Chinese EV leader is launching a new flagship electric sedan. BYD’s new Han L EV leaked in China on Friday, revealing a potential Tesla Model S Plaid challenger.

What we know about the BYD Han L EV so far

We knew it was coming soon after BYD teased the Han L on social media a few days ago. Now, we are learning more about what to expect.

BYD’s new electric sedan appeared in China’s latest Ministry of Industry and Information Tech (MIIT) filing, a catalog of new vehicles that will soon be sold.

The filing revealed four versions, including two EV and two PHEV models. The Han L EV will be available in single- and dual-motor configurations. With a peak power of 580 kW (777 hp), the single-motor model packs more power than expected.

BYD’s dual-motor Han L gains an additional 230 kW (308 hp) front-mounted motor. As CnEVPost pointed out, the vehicle’s back has a “2.7S” badge, which suggests a 0 to 100 km/h (0 to 62 mph) sprint time of just 2.7 seconds.

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BYD Han L EV (Source: China MIIT)

To put that into perspective, the Tesla Model S Plaid can accelerate from 0 to 100 km in 2.1 seconds. In China, the Model S Plaid starts at RBM 814,900, or over $110,000. Speaking of Tesla, the EV leader just unveiled its highly anticipated Model Y “Juniper” refresh in China on Thursday. It starts at RMB 263,500 ($36,000).

BYD already sells the Han EV in China, starting at around RMB 200,000. However, the single front motor, with a peak power of 180 kW, is much less potent than the “L” model. The Han EV can accelerate from 0 to 100 km/h in 7.9 seconds.

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BYD Han L EV (Source: China MIIT)

At 5,050 mm long, 1,960 mm wide, and 1,505 mm tall with a wheelbase of 2,970 mm, BYD’s new Han L is roughly the size of the Model Y (4,970 mm long, 1,964 mm wide, 1,445 mm tall, wheelbase of 2,960 mm).

Other than that it will use a lithium iron phosphate (LFP) pack from BYD’s FinDreams unit, no other battery specs were revealed. Check back soon for the full rundown.

Source: CnEVPost, China MIIT

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