The existing diesel engines will be updated but no next-gen oil burners.
Diesel engines are at risk of extinction as the automotive industry shifts towards electrification because of increasingly strict emissions regulations. Diesel engines’ gradual decline has been accelerated by the Dieselgate scandal at Volkswagen Group. Sales figures show that hybrids and EVs have become more popular than diesels.
It’s no surprise that Hyundai has essentially abandoned the development and production of new diesel engines. Korea JoongAng Daily reports that Hyundai has stopped developing diesel engines for the second half 2020. Although next-generation engines are not currently in development, current diesels will still be updated over the coming years. Hyundai won’t be dropping diesel engines completely for a while, in other words.
These gasoline engines will still be relevant as Hyundai will continue to produce hybrids and plug in hybrids for many more years. Gasoline engines are still very relevant. Engineers will continue to find every possible efficiency to satisfy regulators.
Euro 7 regulations will be in effect by the middle decade. This means that all automakers on the Old Continent will have to do a lot of work. Companies are also investing heavily in new platforms to support electric vehicles.
Hyundai has pledged to have 23 fully-electric cars on the market by 2025. The Ioniq5 will debut next month to announce the arrival of the new generation of dedicated EVs. Many of the vehicles were teased earlier. The luxury brand Genesis has also indicated that it may jump on the electric train sooner than expected.