Hyundai IONIQ 5 EV wins World Car of the Year, World Electric Vehicle of the Year, World Car Design of the Year awards at World Car Awards as Kia EV6, Genesis GV60 EV named finalists for top awards; Hyundai targeting 12% of the global EV market by 2030

Sample article from our Automobile Industry

NEW YORK, SEOUL , April 25, 2022 (press release) –

  • Hyundai IONIQ 5 wins triple crown of awards, including overall World Car of the Year·
  • Other Hyundai Motor Group lineups recognized in award top-three shortlists in design and luxury categories
  • The Group’s BEVs all feature the innovative Electric-Global Modular Platform, plus disruptive approach to design and space
  • Other globally renowned accolades for HMG’s growing line-up of BEVs include European Car of the Year, UK Car of the Year, and Red Dot Award
  • HMG is targeting 12 percent share of the global EV market by 2030  

Hyundai Motor Group (the Group) has won a series of highly sought-after accolades at the prestigious World Car Awards (WCA), with the Hyundai IONIQ 5 securing the World Car of the Year, World Electric Vehicle of the Year, and World Car Design of the Year. The award wins and finalist nominations across multiple WCA categories highlight the Group’s vision and leadership in the delivery of battery electric vehicles (BEVs) with cutting-edge design and technology.

An independent international jury comprising of 102 highly experienced, well-respected automotive journalists from 33 countries around the world reviewed the latest models to launch over the past year. The BEVs of Hyundai Motor and Kia were nominated as top three finalists in at least one of the six categories, with the Hyundai IONIQ 5 and Kia EV6 both named as finalists in the World Car of the Year and World Car Design of the Year. The Genesis GV70 was among the three finalists for the World Luxury Car of The Year.

Euisun Chung, Executive Chair at Hyundai Motor Group, commented: “It’s a great honor for us to win these highly influential World Car Awards, including the World Car of the Year title. I would like to thank all of our team members across the Group for their continued hard work and dedication, without which we would have not achieved such outstanding results.

“Our three brands, Hyundai, Kia and Genesis, have all introduced game-changing electric vehicles this past year. While each has its own clear identity, they all reflect an important Group-wide ethos: to deliver products with class-leading design, innovation, quality and performance. Our vision is to create a new world of mobility, where people can come together safely and sustainably. These vehicles – and these award wins – are evidence of this vision becoming reality; part of our diverse range of new electromobility solutions designed to benefit humanity.”

The Hyundai IONIQ 5, Kia EV6 and Genesis GV60 are all based on HMG’s innovative Electric-Global Modular Platform (E-GMP), combining the latest EV powertrain and charging technologies with highly spacious interiors. With extensive driving ranges and 800V ultra-fast charging capabilities for a 10 to 80 percent charge in just 18 minutes, all three models have been designed to be enjoyed without compromise.

Hyundai Motor Group has recently been awarded with a series of globally renowned accolades for its BEVs. The Hyundai IONIQ 5 was crowned Car of the Year in both the UK and Germany, while the Kia EV6 took the European Car of the Year title and won the Crossover of the Year in the Top Gear Awards. The premium-class Genesis GV60 was also awarded a prestigious 2022 Red Dot Award.

Extensive electrification strategy
Hyundai Motor Group has devised a comprehensive and far-reaching electrification strategy across its three automotive brands, with the Group targeting to achieve annual EV sales of 3.07 million units by 2030, a 12 percent of the global market share.

As part of this plan, Hyundai Motor will introduce 11 BEVs by 2030, including three sedans, six SUVs, one light commercial vehicle and one new model-type. This year, Hyundai will launch the IONIQ 6, followed by the IONIQ 7 in 2024.

Kia will grow its EV line-up to include 14 BEVs by 2027, including a new range of small and medium-sized EVs from 2025. Kia plans to sell four million vehicles a year globally by 2030, 1.2 million of which will be BEVs. These include the all-new Niro EV, two EV pickup trucks (a dedicated electric pickup truck and a strategic model for emerging markets), an entry-level BEV, and a production version of the Concept EV9 SUV.

Following on from the successful launch of the GV60, HMG’s luxury Genesis brand plans to introduce six additional BEVs by 2030, including two passenger cars and four SUVs, one of which is the electrified GV70 due to launch later this year. All new models from Genesis will be electrified by 2025.

Hyundai Motor Group plans to introduce a new dedicated BEV platform, Integrated Modular Architecture (IMA). The IMA will be utilized for passenger vehicles as well as purpose-built vehicles, helping to streamline production processes and reduce cost. The Group will achieve software transformation by expanding the business areas of mobility, connectivity and other services based on data, and enhancing software competitiveness. To do so, the Group will establish specialized centers of excellence for software development in Korea and abroad.

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About Hyundai Motor Group
Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel, and construction, as well as logistics, finance, IT and service. With about 250,000 employees worldwide, the Group's mobility brands include Hyundai, Kia, and Genesis. Armed with creative thinking, cooperative communication and the will to take on any challenge, we strive to create a better future for all.

More information about Hyundai Motor Group, please see: www.hyundaimotorgroup.com

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