Hyundai and Canoo to co-develop all-electric platform for EVs
Hyundai Motor Group has engaged Canoo to jointly develop an electric vehicle (EV) platform based on Canoo’s proprietary skateboard design for upcoming Hyundai and Kia models.
As part of the collaboration, Canoo will provide engineering services to help develop a fully scalable, all-electric platform to meet the motor group’s specifications. The group expects the platform to help facilitate its commitment to delivering cost-competitive electrified vehicles, ranging from small-sized EVs to Purpose Built Vehicles (PBV).
Canoo, an L.A.-based company creating EVs for subscription only, offers a skateboard platform which houses the most critical components of the vehicle with an emphasis on functional integration, meaning all components fulfill as many functions as possible. This reduces the skateboard size, weight, and total number of parts, which provides more interior cabin space and a more cost-effective EV offering. In addition, the company says the skateboard is a self-contained unit that can be paired with any cabin design.
Hyundai Motor Group expects an adaptable all-electric platform using the scalable skateboard architecture to allow for a simplified and standardized development process for its electrified vehicles, which is expected to help reduce cost that can be passed along to consumers. The group also expects to reduce complexity of its EV assembly line, allowing for rapid response to changing market demands and customer preferences.
Hyundai and Kia both recently announced plans to develop fully electric PBVs. Hyundai presented its first PBV concept as a key pillar of its smart mobility solution strategy at CES 2020 in January. At its CEO Investor Day on Jan. 14, Kia announced its plan to develop PBVs tailored for shared-service companies and logistics companies.
“We were highly impressed by the speed and efficiency in which Canoo developed its innovative EV architecture, making it the perfect engineering partner for us as we transition to become a frontrunner in the future mobility industry,” said Albert Biermann, Head of Research & Development, Hyundai Motor Group. “We will collaborate with Canoo engineers to develop a cost-effective Hyundai platform concept that is autonomous ready and suitable for mass adoption.”
“We have been working diligently to develop a bold new electric vehicle and partnering with a global leader like Hyundai is a validating moment for our young company,” said Ulrich Kranz, In Charge of Canoo. “It is a real honor for us to help Hyundai explore EV architecture concepts for their future models.”
Canoo unveiled its first electric vehicle for subscription on Sept. 24, 2019, 19 months after the company’s founding in December 2017. The company says that its proprietary skateboard architecture, which directly houses the batteries and electric drivetrain, has enabled it to reimagine EV design in a way that challenges traditional automotive shape and functionality. The company recently opened the waitlist for its first vehicle, which will launch in 2021.