Hyundai's Genesis luxury brand plans to enter the plug-in hybrid market and overthrone giants like BMW and Mercedes-Benz.
6/3/16 5:00 am chumakdenis 1
Luxury brands isn’t something new.
Toyota has Lexus brand, Volkswagen has Porsche and starting from now on, Hyundai has Genesis.
It’s no brainer that luxury EV market segment is much more lucrative than the ordinary one.
Of course, everyone wants to get slice of this pie, even our well-beloved Elon.
So, Hyundai decided to not stand out from the crowd in this matter and has launched Genesis brand.
Well, let’s learn what we know about it.
Genesis
Hyundai's Genesis luxury brand is barely off the ground, but it already plans to enter the plug-in hybrid market-- a move that echoes the alternative-fuel strategies of BMW and Mercedes-Benz.
“The Hyundai and Genesis brands are working on multiple plug-in hybrids that will be an intermediate step before hydrogen fuel cell vehicles take hold in the coming decades”, Dave Zuchowski, CEO of Hyundai Motor America, said in an interview.
"Some of those plug-in hybrids will take the form of the Genesis side of our business," Zuchowski added. "We believe alternative-propulsion engines are going to be really important -- even more important in the luxury market than they are in the mainstream market."
Similarity with BMW and Mercedes-Benz
The approach is similar to those of BMW, Mercedes and Porsche, which offer plug-in hybrid variants of some core vehicles.
Other luxury brands, including Cadillac,Volvo, Audi and Infiniti, plan to add a cord to various models in the coming years.
Zuchowski declined to identify which Genesis vehicles would get plug-in hybrid variants.
The Genesis lineup
The Genesis lineup currently includes the full-size sedan G90, the midsize sedan G80 and soon to get a compact sedan (G70) as well as two crossovers (by 2020).
Why did the company choose to focus on hybrids?
Plug-in hybrids appeal to automakers for their fuel economy and extremely low carbon dioxide emission numbers -- dioxidies are even lower than those of diesels.
Consumers relish them because the vehicles' internal combustion engines eliminate range anxiety.
Indeed, plug-in hybrids have been a rare bright spot for green-vehicle sales in 2016, jumping 40 percent in the first quarter vs. the same period in 2015, according to Edmunds.com.
"You get a lot of the benefits of electric vehicles but with a safety net," claimed Zuchowski.
"We think that's a wonderful midterm strategy."
Production
The new brand's first vehicles will go on sale this year.
Price remains unknown yet.
Stay tuned with us for more information regarding Genesis.
cemat62084 I have a hard time describing my thoughts on content, but I really felt I should here. Your article is really great. I like the way you wr ...
natasha We have been selling potency drugs continuously since 2008. We are familiar with this industry not only from the side of the trends prevaili ...
mohsinkhatri The problem of erectile dysfunction (impotence) concerns an increasing number of men of all ages. What is the answer? The alternative are or ...
natasha We have been selling potency drugs continuously since 2008. We are familiar with this industry not only from the side of the trends prevaili ...
cemat62084 Specialists in the diagnosis and treatment of erectile dysfunction are responsible for the creation and development of our pharmacy. We know ...
cemat62084 Affordable Pool Repair provides the best pool restoration, renovation, gunite pool finishes, and pool coping in the area of Boston as well a ...
cemat62084 Affordable Pool Repair provides the best pool restoration, renovation, gunite pool finishes, and pool coping in the area of Boston as well a ...
cemat62084 Our website is a place where every man will gain self-confidence, a guarantee of proven products and 100% understanding. We created the webs ...
natasha All the best brands at one Place in Pakistan, Super Bazar online shopping of dresses in Pakistan Best Deals available at discounted rates Ca ...
mohsinkhatri Specialists in the diagnosis and treatment of erectile dysfunction are responsible for the creation and development of our pharmacy. We know ...
You must be logged in to comment!
hyzajohnb6174 4/11/21 5:55 am # 0
Hello There. I found your blog using msn. This is an extremely well written article. I will be sure to bookmark it and return to read more of your useful information. Thanks for the post. I’ll certainly comeback.best area to stay in tulum
ryhoso 4/12/21 10:03 am # 0
I can see that you are an expert at your field! I am launching a website soon, and your information will be very useful for me.. Thanks for all your help and wishing you all the success in your business.coronavirus playa del carmen
ryhoso 4/4/21 8:37 am # 0
Great write-up, I am a big believer in commenting on blogs to inform the blog writers know that they’ve added something worthwhile to the world wide web!..luxury bathroom vanity
hyzajohnb6174 3/26/21 11:09 pm # 0
Great post, you have pointed out some fantastic points , I likewise think this s a very wonderful website.Braces Carolina
hyzajohnb6174 3/22/21 3:05 pm # 0
Awesome article! I want people to know just how good this information is in your article. It’s interesting, compelling content. Your views are much like my own concerning this subject.treatnheal
havi 3/19/21 1:01 am # 0
truthful https://carwrapsmodesto.comhyzajohnb6174 3/14/21 12:31 am # 0
This is very educational content and written well for a change. It's nice to see that some people still understand how to write a quality post!contoy island
hyzajohnb6174 3/12/21 11:37 pm # 0
This is such a great resource that you are providing and you give it away for free. I love seeing blog that understand the value of providing a quality resource for free.all inclusive resorts in isla mujeres
hyzajohnb6174 3/10/21 11:32 am # 0
No doubt this is an excellent post I got a lot of knowledge after reading good luck. Theme of blog is excellent there is almost everything to read, Brilliant post.playa del carmen luxury hotels
hyzajohnb6174 3/11/21 1:04 am # 0
This was a really great contest and hopefully I can attend the next one. It was alot of fun and I really enjoyed myself..best food in playa del carmen
hyzajohnb6174 3/7/21 10:46 am # 0
I was surfing net and fortunately came across this site and found very interesting stuff here. Its really fun to read. I enjoyed a lot. Thanks for sharing this wonderful information.luxury resort in tulum mexico
hyzajohnb6174 3/8/21 12:03 pm # 0
I read that Post and got it fine and informative. Please share more like that...restaurant tulum beach
hyzajohnb6174 3/9/21 8:09 am # 0
I have been checking out a few of your stories and i can state pretty good stuff. I will definitely bookmark your blogadult only hotels cancun
hyzajohnb6174 3/4/21 6:39 am # 0
Very nice article, I enjoyed reading your post, very nice share, I want to twit this to my followers. Thanks!.best dives in cozumel
ryhoso 3/2/21 4:25 am # 0
Great write-up, I am a big believer in commenting on blogs to inform the blog writers know that they’ve added something worthwhile to the world wide web!..roppant mód diszkrét ügyvéd Debrecen
Ariadne 2/22/21 9:38 am # 0
What a nice car! fantastic.house painting in Pasadena
ryhoso 2/24/21 5:24 am # 0
I’ve been searching for some decent stuff on the subject and haven't had any luck up until this point, You just got a new biggest fan!..rumah pintar
ryhoso 2/17/21 5:11 am # 0
Positive site, where did u come up with the information on this posting?I have read a few of the articles on your website now, and I really like your style. Thanks a million and please keep up the effective work.tervezett pályázatírás Debrecen
hyzajohnb6174 2/21/21 8:19 am # 0
this is really nice to read..informative post is very good to read..thanks a lot!best smm panel
ryhoso 1/17/21 7:26 am # 0
Great write-up, I am a big believer in commenting on blogs to inform the blog writers know that they’ve added something worthwhile to the world wide web!..house clearance bridgend
ryhoso 1/17/21 9:32 am # 0
Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic.removal companies hartlepool
ryhoso 1/21/21 4:19 am # 0
Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic.tree surgeon colchester
ryhoso 1/23/21 8:41 am # 0
I know your expertise on this. I must say we should have an online discussion on this. Writing only comments will close the discussion straight away! And will restrict the benefits from this information.covid playa del carmen
alexpogi 1/11/21 1:45 am # 0
very helpful information! thanks! best dental implants in wichita ksryhoso 1/2/21 4:40 pm # 0
This blog is so nice to me. I will keep on coming here again and again. Visit my link as well..mehr Abonnenten auf instagram
ryhoso 1/3/21 8:52 am # 0
Thanks for the nice blog. It was very useful for me. I'm happy I found this blog. Thank you for sharing with us,I too always learn something new from your post.iluminação controlo
ryhoso 1/4/21 11:13 am # 0
I know your expertise on this. I must say we should have an online discussion on this. Writing only comments will close the discussion straight away! And will restrict the benefits from this information.online marketing
ryhoso 12/27/20 1:28 am # 0
Great job for publishing such a beneficial web site. Your web log isn’t only useful but it is additionally really creative too. There tend to be not many people who can certainly write not so simple posts that artistically. Continue the nice writingread more
alexpogi 12/8/20 1:47 am # 0
Wow! Thanks for this! sioux falls dental implantsmebaf90864 11/10/20 6:12 pm # 0
lovely carhttps://v.ht/xa0h
https://1url.cz/LzIRV
shorturl.at/btyDX
https://xurl.es/76nqx
https://joo.gl/TFnn
https://cutt.ly/7gUfdn9
https://reurl.cc/n0y95X
http://haa.su/125/
https://v.gd/RZOi3L
https://tiny.pl/7nlw4
looneyhans 10/27/20 3:58 am # 0
glad i found this site!! i learned alot. will recommend it to my friends hairextensionssanantoniotx.comKurtGlenn 10/1/20 12:37 pm # 0
God I would love to have one of these cars! hopefully, as a masonry contractor Tucson I can eventually earn enough to buy one. :)hyzajohnb6174 12/29/20 11:31 pm # 0
This was a really great contest and hopefully I can attend the next one. It was alot of fun and I really enjoyed myself..visit here
ryhoso 1/21/21 2:24 am # 0
Great write-up, I am a big believer in commenting on blogs to inform the blog writers know that they’ve added something worthwhile to the world wide web!..Hausautomation
ryhoso 1/31/21 10:45 am # 0
Your content is nothing short of brilliant in many ways. I think this is engaging and eye-opening material. Thank you so much for caring about your content and your readers.best way to get from cancun to cozumel
ryhoso 2/3/21 8:10 am # 0
You have a good point here!I totally agree with what you have said!!Thanks for sharing your views...hope more people will read this article!!!آموزش سیستم هوشمند
hyzajohnb6174 3/3/21 2:54 am # 0
I am hoping the same best effort from you in the future as well. In fact your creative writing skills has inspired me.best places to eat in cozumel
hyzajohnb6174 3/28/21 6:59 am # 0
I am glad you take pride in what you write. This makes you stand way out from many other writers that push poorly written content.Automatyka hoteli
hyzajohnb6174 4/14/21 12:20 pm # 0
This was a really great contest and hopefully I can attend the next one. It was alot of fun and I really enjoyed myself..taroko gorge trails
ryhoso 4/15/21 3:19 pm # 0
I really enjoyed reading this post, big fan. Keep up the good work and please tell me when can you publish more articles or where can I read more on the subject?Places to visit in Hualien