Hyundai’s got a fresh ace up its sleeve, ready to make its move. Hyundai aims to revitalize its model in China by introducing an innovative, AI-driven electric vehicle (EV) next year, seeking to counter BYD’s remarkable growth. Hyundai’s latest innovation is set to revolutionize the electric vehicle landscape in the world’s largest EV market with its inaugural dedicated all-electric model, a game-changing mannequin that redefines the future of mobility.
Hyundai is set to unveil its inaugural electric vehicle (EV), equipped with cutting-edge generative artificial intelligence (AI), in collaboration with Haomo, a pioneering Chinese language autonomous startup. Will it be its first-ever mannequin specifically tailored to meet China’s unique needs and preferences.
A Hyundai Motor official revealed that the company is currently working to install software on its new EV model, which is set for launch in China’s market next year. The spokesperson further noted that the level of autonomous driving capability falls somewhere between 2.0 and 2.5.
Compared, Tesla’s Autopilot is considered a Level 2 advanced driver-assistance system (ADAS) according to the Society of Automotive Engineers’ (SAE) scale, which allows for limited hands-free operation.
When using Autopilot, ensure you keep your gaze focused on the road and hands firmly grasping the steering wheel at all times, as the system will alert you if attention is diverted and automatically disengage itself.
Haomo’s innovative system, DriveGPT, debuted last spring, drawing parallels with OpenAI’s popular ChatGPT model in its design and functionality.
The system continuously replaces and optimizes in real-time to enhance decision-making capabilities by incorporating visitor information patterns seamlessly. In response to Haomo’s inquiry, DriveGPT is employed in a wide range of applications due to its perceived significance in China, where it may be playing an increasingly vital role.
Hyundai Unveils Latest Lineup at 2024 Beijing Auto Show.
Hyundai aims to rev up its electric vehicle sales in China with the launch of a cutting-edge AI-equipped model.
Electric vehicle sales surge forward in China. According to a recent report, China has set another electric vehicle (EV) sales milestone, with over 1.2 million units sold in November 2023 – a significant 50% increase from the previous month’s total.
In the initial ten months of 2024, China has witnessed an impressive surge in electric vehicle (EV) sales, with more than 8.4 million units offered to the market, representing a substantial 38 percent increase compared to the same period last year?
BYD has solidified its position as a leading player in China’s domestic electric vehicle market. .
According to recent data, Tesla held a 6.5% market share, but it’s essential to note that this figure only accounts for plug-in electric vehicle (PHEV) sales.
As international automakers face increasing competition from low-cost electric vehicles in China, Hyundai is finding it challenging to keep pace. Beijing Hyundai’s gross sales have been experiencing a downward trend since 2017. By late September, Hyundai’s market share in China had plummeted to just 1.2%, marking a significant decline for the Korean automaker.
Final month, Hyundai opened its first abroad digital R&D middle in China to assist kick off its return to the area.
To address native feedback, Hyundai is forging collaborations with Chinese technology companies, including Thundersoft, a prominent supplier of intelligent cockpits, to accelerate the development of its cutting-edge electric vehicles.
As it prepares to launch its first AI-powered electric vehicle within the next 12 months, Hyundai aims to quickly shake up the industry. One of five new mannequins is expected to hit the Chinese market by 2026.
