Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Korea Stock Exchange  >  Hyundai Motor Company    A005380   KR7005380001

HYUNDAI MOTOR COMPANY

(A005380)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Hyundai Motor : Electrified RM20e Racing Midship Sports Car Prototype Conveys the Next Generation of Hyundai N Performance

share with twitter share with LinkedIn share with facebook
09/25/2020 | 09:32pm EDT

- Electrified RM20e Racing Midship Sports Car signifies the electric-based high-performance potential for Hyundai N brand

- RM20e based on RM development platform for future N brand products and inspired by the electrified TCR racecar

- Electrified RM20e variant produces a blistering 596 kW (810 horsepower) and 960 Nm (708 lb.-ft.) of torque

BEIJING, Sept. 25, 2020 /CNW/ -- Hyundai Motor Company today introduced the next-generation electrified RM20e Racing Midship Sports Car to the world at the Beijing International Automotive Exhibition 2020. The RM nomenclature refers to the N prototype model's "Racing Midship" rear-drive, midship powertrain configuration, a fundamental design differentiator that yields ideal handling balance and agility from a low polar-moment of inertia.

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8784651-hyundai-unveils-rm20e/

This RM platform facilitates an engineering "rolling lab" for testing high performance technologies, with outstanding connection to the tarmac at all speeds and driving conditions. This inherent balance and grip is also essential to help connect RM20e's copious 596 kW (810 horsepower) and 960 Nm (708 lb.-ft.) of torque to variable road surfaces.

In 2012, Hyundai embarked on project RM to develop and connect new high-performance motorsports technologies with future N models. Since the initiation of project RM, there has been a progressive evolution of the RM series, including: RM14, RM15, RM16 and RM19. In 2019, Hyundai's first electric race car was developed for the eTCR electric touring car series: 'Veloster N eTCR', unveiled at the Frankfurt Motor Show. RM models have progressively undergone extensive testing to validate advanced technologies, observe their effective increase in performance, and improve them for application in future N models.

"Our new electrified RM20e pushes the proven RM platform forcefully into a new, environmentally-focused decade of the 21st century, stretching the performance envelope of electrification on normal road environments," said Albert Biermann, President and Head of Research and Development Division at Hyundai Motor Group. "RM20e represents a revolutionary new chapter of electrified performance for the Racing Midship series, and our N engineers continue to garner valuable insights in the arena of zero-emission performance dynamics."

Featuring an explosively powerful 596 kW (810 horsepower) electric motor with 960 Nm (708 lb.-ft.) of torque, RM20e is expected to yield superb blasts from zero-100 kph (zero-62 mph) in less than three seconds and zero-200 kph (zero-124 mph) at 9.88 seconds. RM20e utilizes its midship-based motor placement and rear-drive layout to achieve the traction required for this level of acceleration. RM20e combines racecar-like levels of performance, balance, braking and grip while retaining daily-driver quietness, responsiveness and road-going capability.

RM20e's state-of-the-art electrified powertrain ensures zero-emissions combined with thrilling acceleration. As Hyundai boasts an industry-leading variety of electrified-propulsion solutions, including production HEV, PHEV, BEV and FCEV powertrains, a full spectrum of electrified powertrains are available for testing in this high-performance sports car platform.

Hyundai's recent investment and strategic partnership with Rimac Automobili has facilitated co-development of both BEV and FCEV prototypes. The electrified RM platform will continue to evolve along with the growth of this RIMAC partnership. Further, Hyundai Motor Group has set a strategic plan to deploy 44 eco-friendly models by 2025, taking the Hyundai N brand into the forefront of environmental responsibility.

"The RM20e sports car prototype clearly signals future electrified brand aspirations for Hyundai's performance N brand, moving N into the prestigious genre of supercar-level performance," said Thomas Schemera, Executive Vice President and Head of Product Division at Hyundai Motor Group. "Moving forward, Hyundai N not only increases drivers' heartbeats per minute via powerful internal combustion engines, but also through the instantaneous torque and environmental sustainability of reliable electrified powertrains. RM20e proves that N driving excitement will not be compromised, even in electrified model variants."

Hyundai Motor N's high-performance technologies are honed at the iconic Nürburgring Nordschleife. Each car taking part in Hyundai Motor's accelerated durability tests will lap the track 420 to 480 times in both wet and dry conditions, simulating over 160,934 km (100,000 miles) of severe driving in just four short weeks. The Nürburgring, with 73 corners and 20.9 km (13 miles) of tarmac, is widely considered to be one of the most challenging tracks in the world, with a heritage that is second to none. It is also a motorsports complex and home to Hyundai Motor's own 3,600 square meter testing center, which is operated by the Hyundai Motor Europe Technical Center.

RM20e video can be viewed on the company's official worldwide YouTube channel (https://www.youtube.com/hyundainworldwide) or official website (http://globalpr.hyundai.com).

Hyundai introduces next-generation electrified RM20e Racing Midship Sports Car

 

Hyundai introduces next-generation electrified RM20e Racing Midship Sports Car

 

Hyundai introduces next-generation electrified RM20e Racing Midship Sports Car

 

Hyundai introduces next-generation electrified RM20e Racing Midship Sports Car

 

Hyundai introduces next-generation electrified RM20e Racing Midship Sports Car

 

Cision
View original content:http://www.prnewswire.com/news-releases/electrified-rm20e-racing-midship-sports-car-prototype-conveys-the-next-generation-of-hyundai-n-performance-301138471.html

SOURCE Hyundai Motor

© Canada Newswire, source Canada Newswire English


share with twitter share with LinkedIn share with facebook
All news about HYUNDAI MOTOR COMPANY
10/23HYUNDAI MOTOR : CRADLE to Host Mobility Innovators Forum 2020 to Turn Human-cent..
AQ
10/23HYUNDAI HCN : Announces Pricing for New Feature-Rich 2021 Elantra Lineup
AQ
10/23GLOBAL MARKETS LIVE : Intel, Mattel, Nordea…
10/22Auto startups backed by blank-check companies
RE
10/21HYUNDAI HCN : Motor unveils the all-new i20 N
AQ
10/21Tesla supplier LG Chem to boost battery capacity
RE
10/21Tesla supplier LG Chem to boost battery capacity
RE
10/21LESS CARBON, MORE ELECTRIC VEHICLES : automakers prepare for potential Biden win
RE
10/20Hyundai Rises to Top Five in Interbrand's 2020 Global Brand Ranking
AQ
10/20Hyundai Motor Rises to Top Five Automotive Brands in Interbrand's 2020 Global..
AQ
More news
Financials
Sales 2020 103 342 B 91,7 B 91,7 B
Net income 2020 2 638 B 2,34 B 2,34 B
Net Debt 2020 55 711 B 49,4 B 49,4 B
P/E ratio 2020 15,4x
Yield 2020 2,26%
Capitalization 35 274 B 31 210 M 31 288 M
EV / Sales 2020 342x
EV / Sales 2021 307x
Nbr of Employees -
Free-Float 71,0%
Chart HYUNDAI MOTOR COMPANY
Duration : Period :
Hyundai Motor Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends HYUNDAI MOTOR COMPANY
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 28
Average target price 208 071,43 KRW
Last Close Price 167 000,00 KRW
Spread / Highest target 49,7%
Spread / Average Target 24,6%
Spread / Lowest Target -16,2%
EPS Revisions
Managers
NameTitle
Mong-Koo Chung Co-Chief Executive Officer & Honorary Chairman
Won-Hui Lee Co-President, Co-CEO & Director
Eui-Sun Chung Chairman
José Munoz Global Chief Operating Officer
Byeong-Cheol Choi Chief Financial Officer
Sector and Competitors
1st jan.Capitalization (M$)
HYUNDAI MOTOR COMPANY38.59%31 210
TOYOTA MOTOR CORPORATION-9.61%186 072
VOLKSWAGEN AG-21.10%85 325
DAIMLER AG-1.96%61 293
GENERAL MOTORS COMPANY0.63%52 707
BMW AG-12.59%48 818