IAA Munich 2021: Hyundai To Become Carbon Neutral By 2045

Hyundai Motor Company today announced its commitment to become carbon neutral by 2045. Hyundai's integrated strategy to achieve carbon neutrality rests on the following three pillars: clean mobility, next-generation platforms, and green energy. Jaehoon (Jay) Chang, President and CEO of Hyundai Motor Company said, "Under our company's vision, Progress for Humanity, Hyundai Motor is determined to do the right thing for the world. Climate change is an undeniable challenge that needs everyone's utmost and urgent attention. Hyundai Motor commits to become carbon neutral in its global products and operations by 2045, and we will make investments in cleaner transportation and greener energy solutions to achieve a better and more sustainable future for all."

At this year's IAA, Hyundai Motor commits to reduce its carbon emissions 75 percent below the 2019 level by 2040. Hyundai will achieve carbon neutrality in its products and global operations by 2045. Hyundai Motor's integrated, multi-dimensional strategy for carbon neutrality consists of three pillars: expanding its clean mobility lineup, developing next-generation platforms, and investing in green energy solutions and technologies.

The Ioniq 6 will be launched in global markets soon

Hyundai Motor commits to gradually increase the sales share of zero-emission vehicles (ZEVs) in upcoming years. By 2030, Hyundai aims to secure 30 percent of its global vehicles sales with ZEVs, and by 2040, the company expects that battery electric vehicles (BEVs) and Fuel Cell Electric Vehicles (FCEVs) will account for 80 percent of its total fleet sales.

The Nexo fuel cell car too will accelerate the company's move towards attaining carbon neutrality

By region, Hyundai Motor plans to offer only ZEVs in Europe, starting in 2035. By 2040, Hyundai will phase out all vehicles using fossil fuels in major markets, supportive of the transition to clean mobility.

Hyundai Motor has made leading investments in the field of next-generation transportation platforms. This includes an innovative set of mobility options to get from point A to B, such as UAM and autonomous vehicles, offering greater freedom of mobility without a carbon footprint.