Hyundai Motor presents carbon neutral commitment at IAA Mobility 2021

• Hyundai Motor commits to achieve carbon neutrality by 2045
• Hyundai’s holistic approach focuses on three pillars: clean mobility, next-generation platforms and #green Energy
• Hyundai to stop selling internal combustion engine vehicles in Europe, starting in 2035
• At IAA, #Hyundai showcases concepts for upcoming BEV model, all-electric robotaxi, and artistic displays on hydrogen value chain to visitors and digital attendees 

Seoul/Munich, September 6, 2021 — #Hyundai Motor Company today announced its commitment to become #carbonneutral by 2045 at IAA Mobility 2021.

Hyundai’s integrated strategy to achieve carbon neutrality rests on the following three pillars: clean mobility, next-generation platforms, and #green #Energy. #Hyundai is showcasing the full breadth of its electrified vehicle lineup and latest solutions to progress with positive #Energy at this year’s IAA taking place from September 6 to 12 in Munich, Germany.

“Under our company’s vision, Progress for Humanity, #Hyundai Motor is determined to do the right thing for the world,” said Jaehoon (Jay) Chang, President and CEO of #Hyundai Motor Company. “Climate change is an undeniable challenge that needs everyone’s utmost and urgent attention. #Hyundai Motor commits to become #carbonneutral in its global products and operations by 2045, and we will make investments in cleaner transportation and greener #Energy solutions to achieve a better and more sustainable future for all.”

IAA visitors can locate #Hyundai Motor’s booth—where the company is exhibiting BEV concepts, all-electric robotaxi model, and artistic displays on hydrogen value chain—in Hall A1, Messe Munich.

IAA Visitors can reach the event’s various locations via Hyundai’s Blue Lane[1] service, offering the opportunity to experience the brand’s latest clean mobility vehicles, including IONIQ 5, NEXO, Kona #ev, and Elec City Fuel Cell bus.

Hyundai’s demonstration at IAA is available digitally as well. The press conference video is uploaded on Hyundai Motor’s Worldwide YouTube channel.

“With a new location and a live-digital hybrid format, this year’s IAA is very different from previous events, and we are very happy that we are participating once again as an exhibitor,” said Michael Cole, President and CEO of #Hyundai Motor Europe. “We are excited to be sharing our future company vision, which goes beyond #automotive mobility. On top of this, we are outlining our roadmap to enable a #carbonneutral society, which is imperative as the future of the planet is at stake.” 

Path to Carbon Neutrality

At this year’s IAA, #Hyundai Motor commits to reduce its carbon emissions 75 percent below the 2019 level by 2040. #Hyundai will achieve carbon neutrality in its products and global operations by 2045.

Hyundai Motor’s integrated, multi-dimensional strategy for carbon neutrality consists of three pillars: expanding its clean mobility lineup, developing next-generation platforms, and investing in #green #Energy solutions and technologies.

Pillar 1: Clean Mobility

Since the first unveiling of its #ev concept vehicle in 1991, #Hyundai Motor has made progress towards carbon reduction through its leadership in clean mobility.

Hyundai Motor commits to gradually increase the sales share of zero-emission vehicles (ZEVs) in upcoming years. By 2030, #Hyundai aims to secure 30 percent of its global vehicles sales with ZEVs, and by 2040, the company expects that battery electric vehicles (BEVs) and Fuel Cell Electric Vehicles (FCEVs) will account for 80 percent of its total fleet sales.

By region, #Hyundai Motor plans to offer only ZEVs in Europe, starting in 2035. By 2040, #Hyundai will phase out all vehicles using fossil fuels in major markets, supportive of the transition to clean mobility.

Battery Electric Vehicle (BEV)

In August 2020, #Hyundai Motor launched its new IONIQ brand for dedicated BEVs, signaling its commitment to the electrified mobility era. Later that year, #Hyundai Motor Group, the parent of #Hyundai Motor Company, unveiled its Electric-Global Modular Platform (E-GMP) for dedicated BEVs.

Hyundai Motor’s IONIQ 5, which launched in February 2021, is the brand’s first BEV built upon E-GMP. IONIQ 5 has set a new benchmark for redefining the electric mobility lifestyle with sustainable and innovative features, such as 400 V and 800 V multi-charging and Vehicle-to-Load (V2L).

Hyundai’s next dedicated BEV will be IONIQ 6, which draws inspiration from its Prophecy #ev concept that is on display at IAA 2021. IONIQ 6 is going to offer BEV experiences with a focus on customized, eco-friendly solutions that can fit any lifestyle.

Further information in the press release to download