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By Kyunghee Park
Hyundai Motor Group plans to build 23 electric vehicles on its new EV-dedicated platform and is aiming to sell 1 million of the cars worldwide by 2025, the South Korean automaker said last week.
Hyundai Motor Co. and Kia Motors Corp. EVs made on the platform will be able to charge up to 80% capacity in 18 minutes and add as much as 62 miles of driving range in just five minutes. They’ll have a top range of more than 310 miles on a single charge.
Automakers from Volkswagen to General Motors are producing electric cars on dedicated platforms – basically the bottom structural framework of a car or chassis with the four wheels attached – to help them scale up production and provide more options to consumers. Hyundai Motor last year pledged to earmark almost half the $18 billion it plans to spend by 2025 on its electrification push.
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