Hyundai to halve number of combustion engines to make way for electric vehicles – report

Hyundai will offer fewer petrol and diesel engines across its model line-up in the future, making way for an increased focus on electric vehicles (EVs).

According to news outlet Reuters, Hyundai is planning to reduce the number of traditional combustion engines it offers by as much as 50 per cent, in order to allow greater investment in the development and production of electric powertrains.

A source familiar with the move was unable to provide a timeframe but told Reuters: "It is an important business move, which first and foremost allows the release of [research and development] resources to focus on the rest: electric motors, batteries, fuel cells."

In January 2021, South Korean media reported the Hyundai Motor Group had ceased the development of all-new diesel engines.

While Hyundai Australia wouldn't comment on the most recent report specifically, the company's General Manager of Public Relations, Bill Thomas, told Drive: "In Australia we have the most diverse range of eco vehicles of any car brand – hybrid, plug-in hybrid, battery electric (BEV) and hydrogen fuel cell electric (FCEV).

"That leadership position will continue as we transition toward a greener transport future in Australia and Hyundai Motor Australia will launch as many zero-emission vehicles (ZEVs) into the local market as practicable – we see the demand for ZEVs in this market growing over the next few years," he said.

Globally, the Hyundai Motor Group is expecting to launch 44 electrified models by the end of 2025, of which 23 will be dedicated electric vehicles.