Rumors emerged this week that Hyundai Motor is allegedly working with Google on self-propelled vehicles. It was rumored that the firms would create a joint venture to develop such vehicles. On this news, the automaker’s shares rose almost 6% in just a day.
However, the rumors were not confirmed: Hyundai Motor officially denied them in a comment given to the largest Korean news agency Ryonghap. So Hyndai is not working with Google on the next generation of electric vehicles, just as it is not working with Apple in this field.
Meanwhile, its own program for the development of a completely new modular electric platform is in full swing: after the raised Ioniq 5 hatchback (by the way, it will be sold in Russia), the company completely declassified the KIA EV6 soplatform hatchback – and it was even able to get ahead of four sports cars in the race on a quarter of a mile. However, sales of these electric cars have not yet started, but others are selling quite successfully: global deliveries of Hyundai Motor vehicles in March this year reached 375,924, which is 22.4% more than in March last year. Of course, this growth is due to a comparison with last year’s low base, when due to the COVID-19 pandemic and the ensuing quarantine measures, demand for cars fell sharply, and many car factories were simply closed. But, it should be noted that even now the situation with COVID-19 is not much better, while the development of the industry is hampered by the shortage of chips – in 2021, factories are already closing because of it. So the result of Hyundai’s March sales looks very good.
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