More automakers are expected to follow suit.
The transition to all-electric vehicles and other mobility solutions is changing the world for the better. Some will certainly argue against this, and that's just fine. Criticism is necessary to help keep the world's government and industry decision-makers on the right track. Everyone is accountable for their actions. The main reason for this transition is to curb greenhouse gas emissions, and Hyundai has just announced at this year's Munich Motor Show how it'll continue to do its part.
By the year 2045, the South Korean automaker has pledged to become carbon neutral. This won't be for just the Hyundai brand, but rather the entire Hyundai Motor Company consisting of that namesake brand plus Kia and Genesis.
"Climate change is an undeniable challenge that needs everyone's utmost and urgent attention, said company President Jaehoon (Jay) Chang.
Achieving carbon neutrality requires the automaker to reduce its carbon emissions 75 percent below the 2019 level by 2040. This will be achieved by expanding the emissions-free lineup, developing all-new platforms (such as the recently shown Robotaxi), and investing in various green energy solutions and other related technologies. Those attending this year's German event can head over to the Hyundai exhibit where they can check out the new Hyundai Ioniq 5, Kona EV, Nexo, and the Elec City Fuel Cell bus, which is undergoing testing right now in Europe.
Hyundai is covering its future powertrain bases, so to speak, by investing not only in battery-electrics but also hydrogen fuel cell technology. The Nexo FC is only the beginning. Another interesting mobility solution being studied is Urban Air Mobility, aka flying cars. We'll believe it when we see it but Hyundai still says it'll have the technology ready in the next decade, though it's expected to be limited to only a few cities at first.
Expanding the use of carbon-neutral sites, vehicle-to-grid (V2G), and second life battery energy storage systems are also part of the grand plan. Hyundai isn't the first automaker to declare its carbon-neutral intentions and certainly won't be the last.