Hyundai Motor's brand-new "2025 Strategy" is based on three business directions, including: intelligent mobile travel products, intelligent mobile travel services and hydrogen energy solutions, among which hydrogen energy solutions have been added this year. Under the guidance of the brand-new "2025 Strategy", Hyundai Motor will focus on developing electric vehicles, urban air travel, autonomous driving technology and hydrogen fuel cell systems.
1/ Three business directions support
In terms of smart mobile travel products and services, Hyundai Motor will provide the most optimized automotive products and services based on big data, and on this basis, accelerate the digital transformation of industrial value chains, products, business models and other fields. To this end, Hyundai Motor plans to comprehensively enhance its digital power by expanding the application scope of virtual R&D programs, accurately analyzing market demand and optimizing products, setting up smart factories, and building non-contact sales and service channels covering major regions.
In terms of digitalization, Hyundai Motor will apply OTA function and FoD service in its products. At the same time, the future products will be equipped with the highly automatic driving function developed by Motional. In addition, we will further use vehicle big data to develop various high value-added business models.
In the hydrogen energy solution, Hyundai Motor plans to continuously optimize the technology of hydrogen fuel cell system, expand the related business scope, and consolidate the Group's leading position in the field of hydrogen energy ecosystem. It is planned to introduce hydrogen fuel cell system into all-round transportation fields such as ships, trains and urban air travel. To this end, Hyundai Motor will continue to develop the hydrogen fuel cell system with the best durability and efficiency in the industry.
Hyundai Motor plans to continuously promote the transformation and upgrading of the Group to an intelligent mobile travel solution provider through the 2025 strategy, and steadily promote the implementation of the new hydrogen energy business.
2/ Focus on four main business areas
electric vehicle
Hyundai Motor will launch IONIQ)5 in 20021year, thus expanding the lineup of special electric vehicles in an all-round way. By 2025, Hyundai Motor plans to launch more than 65,438+02 electric vehicles, and promote the annual sales of electric vehicles to reach 560,000. At the same time, in 2040, it will gain 8%-65,438+00% share in the global electric vehicle market. In order to achieve this goal, Hyundai Motor will develop optimized battery products for different regions, models and uses, and plan to build 20 high-speed charging stations in Korea before 20021,and develop and build expressway charging networks with partners in overseas markets.
City air travel
The air tourism business of modern automobile city will cover passenger transport and freight transport, and build a comprehensive product cluster. Hyundai Motor plans to launch a hybrid air cargo drone system in 2026 and an all-electric urban air travel product in 2028 to comprehensively optimize the urban transportation system. Between 2030 and 2040, Hyundai Motor plans to launch air travel products that can realize intercity flights between neighboring cities.
Autopilot technology
Modern cars are accelerating the research and development of autonomous driving technology. Starting from 202 1, Hyundai Motor will carry OTA function and FoD service on its products. In 2022, Hyundai Motor will release a model equipped with Level3 autonomous driving technology. In addition, Hyundai Motor will also strengthen cooperation with global partners to accelerate the upgrading? Commercial application of class 4 and 5 autonomous driving technology.
Hydrogen fuel cell system
Hyundai Motor released the exclusive brand "HTWO" of hydrogen fuel cell system. Thanks to the kinetic energy of HTWO brand, Hyundai Motor is accelerating the development of a new generation of hydrogen fuel cell system and plans to apply it to urban air travel, cars, ships and trains. In the initial stage, Hyundai Motor will focus on four key markets, such as South Korea, China, Europe and the United States, and carry out related business of hydrogen fuel cell system. In 2030, Hyundai Motor plans to sell 700,000 hydrogen fuel cell systems.
3/ Financial objectives
In the "2025 Strategy", Hyundai Motor released the latest medium-and long-term financial target, that is, from 2020 to 2025, the total investment will be 60. 1 trillion won (about 363.5 billion RMB), the operating profit rate of the automobile business will reach 8%, and it will gain a 5% share of the global automobile market.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.