Future Hyundai and Kia EVs to use platform developed with Canoo

Hyundai partners with subscription-EV company Canoo to co-develop platform

Hyundai partners with subscription-EV company Canoo to co-develop platform

Of this total group commitment, Hyundai will invest $52 billion into "future technologies" and Kia will put $25 billion toward electrification and future mobility technologies.

The platform is also what is expected to underpin Hyundai and Kia Purpose Built Vehicles (PBV)-such as those shown by Hyundai at this year's CES-that are meant to be self-driving.

Hyundai said it expects the new platform using Canoo's scalable skateboard architecture to allow for a simplified and standardized development process, which in turn would lower the prices of vehicles made by its two flagship units - Hyundai Motor Co. and Kia Motors Corp.

He further added that the authorities are convinced with the speed and efficiency in which Canoo has been developing their innovative EV architecture, making them a ideal fit as a company partner for future automobile.

Speaking on the collaboration, Research and Development head at Hyundai Motor Group, Albert Biermann, reportedly cited that the company is looking forward for developing a cost effective Hyundai platform concept which is autonomous and extremely suitable for mass adoption.

Hyundai partners with subscription-EV company Canoo to co-develop platform

Canoo's proprietary skateboard architecture directly houses the batteries and electric drivetrain, a design that provides more interior cabin space and a more cost-effective EV offering. The company rebranded as Canoo in spring 2019 and debuted its first vehicle last September.

Along with developing a set of regular mass-market EV vehicles, HMG will also use the Canoo platform to create its own zero-emissions objective built vehicles (PBVs), first previewed in concept form by a scalable pod-like vehicle designed for a range of different applications.

Those investments are part of a sweeping five-year, $87 billion plan to ramp up the automaker's expertise and activity in electrification, automation and related services.

LA-based Canoo is a relative newcomer on the EV scene, first being established in late 2017 with the goal of making electric mobility easier, particularly in urban situations. The first Canoo vehicles are expected to appear on the road by 2021 and will be offered only as a subscription.

A new business model that focuses on reducing production and infrastructure costs to make EVs more affordable to customers. It is this Canoo architecture that interests Hyundai Motor Group.

United Kingdom coronavirus 'super-spreader' says he has recovered
Coronaviruses are typically found in animals but in rare cases can jump to humans and begin to transmit person-to-person. He was given two tests for the virus, now known officially as COVID-19, and both came back negative, Sky News reported .

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