Hyundai Motor Group has announced a significant expansion of its hybrid vehicle offerings, unveiling the next-generation TMED-II hybrid powertrain. This move is part of the company’s broader “Hyundai Way” strategy, aiming to double its hybrid lineup from seven to 14 models by 2030. The expansion includes Hyundai’s luxury brand, Genesis, which plans to offer hybrid options across its range, excluding fully electric models.
The TMED-II system represents a substantial upgrade over its predecessor, delivering enhanced performance and fuel efficiency. Set to debut in production vehicles starting January 2025, the system will feature advanced technologies such as smart regenerative braking and Vehicle-to-Load (V2L) capabilities. These innovations aim to improve product value and solidify Hyundai’s position in the hybrid market.
Hyundai anticipates a significant increase in hybrid vehicle sales, targeting 1.33 million units by 2028—a 40% rise from previous projections. The company expects heightened demand in regions like North America, where it plans to boost hybrid vehicle volume to 690,000 units by 2030. To meet this demand, Hyundai will manufacture hybrid models at its Metaplant America facility in Georgia, alongside its dedicated electric vehicles.
Despite the global push, Hyundai has decided not to introduce hybrid vehicles in the Indian market. The company cites a lack of incentives for hybrids in India, such as GST concessions and registration tax waivers, as a primary reason for this decision. Hyundai continues to advocate for policy support to make hybrid vehicles more accessible in markets like India.
The TMED-II system is designed to be compatible with both 1.6L and 2.5L engines, featuring a structure where the electric motor is directly connected to the engine. This configuration aims to surpass the fuel efficiency benchmarks set by competitors, including Toyota’s hybrid systems. The 1.6L hybrid is expected to be the primary model utilizing this new technology.
Hyundai’s broader electrification strategy includes plans to launch 21 electric vehicle models by 2030, ranging from affordable to luxury and high-performance options. The company is investing in next-generation battery technologies, including solid-state batteries, to enhance energy density and reduce costs. These initiatives are part of Hyundai’s commitment to securing a leading position in the global transition to electrified mobility.
