Hyundai Motor intends to build an entire battery ecosystem… And an example of how it will work is a taxi. Recently Hyundai signed a memorandum of understanding with the Ministry of Trade, Industry and Energy of South Korea, Hyundai Glovis, LG Energy Solution and KST Mobility. The latter will purchase a batch of electric cars from Hyundai for its taxi network, but will cede ownership of their batteries to Hyundai Glovis (which will make the cost of the cars significantly lower, and in fact there will still be a subsidy from the government). Hyundai Glovis, in turn, will lease these batteries to the same taxi for a fixed monthly fee.
After using in a taxi for two or three years, when the battery capacity drops to 60-80%, these batteries will be replaced with new ones. And the old ones will be transferred to LG Energy Solution. She will build stationary ESS drives from them and sell them to the same KST Mobility. She uses these blocks as energy buffers when charging a taxi. ESS drives will be powered from the grid at night when fares are lower and taxis can be charged from ESS during the day.
This method of extending battery life is promising. Hyundai estimates it will have 80,000 retired electric car batteries by 2029, according to The Korea Herald. The project, as envisioned by the partners, will validate the safety of used electric vehicles and allow all parties involved to find funds to assess the residual value of used batteries. This is expected to facilitate the reuse of electric vehicle batteries. Well, the electric car market, especially for corporate purposes, should revive due to low prices, since the traction battery will not be included in the price of cars.
Electrical technology is becoming more and more common in motorsport. Hyundai will perform in debut season of circuit racing on Pure ETCR electric hatchbacks this year Veloster N ETCR… Here the rear axle is driven by four electric motors (two per wheel) for a total peak output of 680 hp, which are powered by a 798-volt battery from Williams Advanced Engineering.
By developing hydrogen themeHyundai has created a stationary fuel cell stack (shown in the collage) capable of simultaneously charging two racing electric cars. It will be powered by compressed hydrogen produced in an environmentally friendly way. The company hopes that such a compact generator will also be useful in outdoor festivals, construction sites or in disaster areas.
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