Hyundai Motor to Launch 200-Mile Electric Vehicle in 2018

Hyundai Motor to Launch 200-Mile Electric Vehicle in 2018
Image credit: Raymond Boyd | Getty Images
1 min read
This story originally appeared on Reuters

Hyundai Motor said it plans to launch an electric vehicle with a driving range of more than 200 miles per charge in 2018, aiming to better compete with other electric car makers such as Tesla Motors Inc.

That is nearly double the 119 miles per charge that will be offered by an electric version of Hyundai's IONIQ sedan, which is set to hit the market later this year.

Hyundai and affiliate Kia Motors plan to more than double the number of their environmentally-friendly models to 28 in 2020, the automaker said in a statement. The goal is up from its previous plan of 26 vehicles.

 
 

(Reporting by Hyunjoo Jin; Editing by Edwina Gibbs)

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur