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In today's wave of electric vehicles sweeping the world, Japanese and Korean car enterprises are gradually falling behind. In order to change this situation, these enterprises also began to make efforts gradually.

Recently, South Korean media reported that Hyundai motor is planning to lay off and restructure the engine R & D Department of Seoul and Nanyang (South Korean city) Research Institute, reorganize it into an electrification R & D team, and establish a new battery R & D team.

Although Hyundai officials did not respond to such rumors, a Hyundai official told the media: "our engine research and development has made great achievements, but now we must start the future." This also seems to explain the modern attitude.

In addition, according to media reports, Hyundai Group has suspended the development of hydrogen energy vehicles. Hyundai originally planned to launch hydrogen energy vehicles in 2025, but after internal research, it believes that the development performance and research progress of the third generation fuel cell are far from expected.

These news means that this old car enterprise will fully develop its power to electric vehicles. At present, Hyundai has released the first pure electric vehicle ioniq5 of its independent brand in the overseas market. It is understood that the model will be produced in China by Beijing Hyundai next year and is likely to enter the Chinese market.

Modern transformation also means that many fuel vehicles, including Elantra, may withdraw from the stage of history and symbolize the end of an era