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EV battery prices to stop falling in 2020, Hyundai says

SEOUL — Hyundai believes electric vehicle battery prices will level off by 2020 due to supply constraints of key ingredients, ending years of sharp declines that have helped stimulate activity in the booming sector. Despite its cautious outlook, the South Korean carmaker and smaller affiliate Kia plan to release 38 green models using a variety of technologies by 2025, Hyundai Motor Senior Vice-President Lee Ki-sang said. "Not a single ingredient is going in a positive direction in terms of pricing," Lee, who oversees Hyundai's green car operations, said in remarks to reporters last week that were embargoed until Wednesday. "So far battery prices have been declining at a rapid pace, but the pace will moderate significantly or maintain the status quo by 2020." While rivals have announced ambitious plans for electric vehicles, some analysts say Hyundai has been late to the game. It plans to launch a long-range electric vehicle next year, well behind the likes of General Motors and Tesla. Demand for minerals such as nickel, cobalt and lithium used in electric car batteries is forecast to soar in the coming years as governments crack down on vehicle pollution and carmakers step up their investments in electric models. Batteries are the most expensive part of electric vehicles, and their affordability is key to the take-up of the technology. Lithium-ion battery cell prices fell about 60 percent in the five years to 2016 as larger-scale production made them cheaper to make. In September, Reuters reported that Volkswagen was moving to secure long-term supplies of cobalt for the group's electric vehicle plans, but its talks with cobalt producers in November ended without a supply deal. Lee said that although Hyundai saw the need to develop batteries in-house, it still relied on outside suppliers due to a lack of economies of scale to secure raw materials. It aimed to release vehicles powered by solid-state lithium batteries by about 2020, promising greater range and safety than existing lithium-ion units. Japanese rival Toyota also has announced a similar schedule for the development of vehicles powered by new, potentially revolutionary solid-state batteries. In addition to hybrids and battery-powered vehicles, Hyundai was "coordinating" with Fiat Chrysler Automobiles over hydrogen cars propelled by electricity generated from fuel cells, Lee added.

Volvo leads and Mini fails in JD Power's Tech Experience Index

New cars are basically rolling computers. Everything from the engine to the infotainment runs on a series of ones and zeros, and a lot of that technology requires input from the driver. So it's no surprise that JD Power has a study designed specifically to discern which bits of tech drivers love and which bits they loathe. "New technology continues to be a primary factor in the vehicle purchase decision," says JD Power's Kristin Kolodge, executive director of driver interaction & human machine interface research. "However, it’s critical for automakers to offer features that owners find intuitive and reliable. The user experience plays a major role in whether an owner will use the technology on a regular basis or abandon it and feel like they wasted their money." The J.D. Power 2020 U.S. Tech Experience Index (TXI) Study found that Volvo owners are happiest with the technology packed inside their vehicles, followed by BMW and Cadillac, all brands that JD Power classifies as premium. The highest-rated mainstream brand is Hyundai, followed by Subaru and Kia. As was the case with the organization's Initial Quality and APEAL studies, Tesla's numbers aren't officially included because they are the only automaker that has not granted JD Power approval to contact its owners in states that require it. Tesla's projected score of 593 would have put it in second place, right behind Volvo's score of 617. The lowest-ranked brand in the TXI Study is Mini, with Porsche right behind. Diving a little bit deeper, JD Power's findings suggest that the technologies new car buyers care most about are related to helping them see their surroundings better. Camera systems, including rear-view mirror cameras and ground-view cameras, scored highest in five of the six satisfaction attributes measured in the study. The technology that owners could really do without? Gesture controls. Owners who answered JD Power's survey say they don't use gesture controls much at all after initially trying them, and they don't really care if their next vehicle has them. We have to wonder if those responses might be what kept BMW out of the top spot. The TXI Study also found that owners are split on automated driving helpers, like lane-keeping assist and automatic emergency braking. JD Power suggests that owners may need more training on those systems before they learn to trust them. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences.

Hyundai releases more Ioniq images, hybrid powertrain details

It doesn't look like Hyundai is tiring of releasing teasers for its upcoming Ioniq electrified vehicle. It's already released three batches of 'em, and now here's more – plus powertrain details. The vehicle pairs a 1.6-liter version of the company's Kappa engine – boasting thermal efficiency of 40 percent and good for 104 horsepower to an electric motor making another 43 hp. It's juiced by a lithium-ion polymer battery pack and transmitted by a new six-speed dual-clutch transmission. Hyundai promises the Ioniq will be more engaging to drive than its rivals. It's designed around a lightweight chassis with 53 percent high-strength steel. Non-structural body panels made of aluminum trim nearly 30 pounds off the curb weight. The South Korean automaker has also placed the batteries low in the body to drop the center of gravity and forward to optimize handling along with the multi-link rear suspension. For those who haven't been following the story, the Ioniq will be Korea's challenger to the likes of the Chevy Volt, Toyota Prius, and Nissan Leaf. Instead of offering one or two forms of electric propulsion, the Ioniq will offer three: gasoline-electric hybrid, plug-in hybrid, or full EV. More images and details are sure to follow as Hyundai prepares to introduce the new model later this month back home in Korea. After that, we should be seeing it at the Geneva Motor Show in March. IONIQ: A Leap Forward for Hybrid Vehicles - Hyundai Motor reveals technical innovations underpinning its evolved hybrid system - Lightweight, high-strength architecture delivers a fun, responsive drive - Next generation drivetrain efficiencies achieve class-leading fuel economy - Electric, plug-in hybrid and hybrid powertrains available in a single body type, a world first January 7, 2015 – Following its unveiling to domestic media at Hyundai Motor's Namyang R&D Center in South Korea, details have been confirmed of the IONIQ - the next generation of hybrid vehicles. Rag Jung, Head of Project Management Division at Hyundai Motor R&D Center said, "IONIQ embodies Hyundai Motor's new thinking and bold ambitions for the future. This world-class dedicated hybrid will be the starting point of our future mobility." Lightweight engineering from a dedicated design Built on a chassis created specifically to carry the world's first choice of three efficient and ultra-low emission powertrains, the IONIQ boasts 53% Advanced High Strength Steel combined cleverly with lightweight aluminum.