with the increase in the price of electric cars as a result of the ongoing supply chain issues
as well as the russian ukraine conflict leading to the spike in the price of key components such
as nickel that forms the basis of the ev batteries it's reported that now more consumers are turning
to smaller cars than ever globally but most notably in europe and as such global ev makers
are putting effort into the development of small electric vehicles and the hyundai motor group as
a new global leader in electric cars with a successful introduction of groundbreaking evs
such as ionic 5 and the ev6 along with the nero and kona evs leading in sales is no exception
in this episode we will determine how important this small electric vehicle
market has become of late and find out what hyundai is planning in response so before
we go on we'd highly appreciate your support by subscribing and turning on the notification bell
if you haven't already and please don't forget to like comment and vote on the question that's
presented at the end of the video the small cars in question are what are known as a segment cars
and by definition it's the smallest vehicle size classification and is also known as a city car
in europe this class of cars includes models like fiat 500 and chevy spark in north america
according to the latest statistics in europe the portion of the a segment a-segment-class
electric vehicles that account for the entire ev sales has increased to 16
in the second half of 2021 which is four times what it was one year earlier at just four percent
incredibly in particular in germany a segment ev sales have accounted for a phenomenal 45.8 percent
in italy at 15.7 percent and in france at 14.9 percent these three countries have combined to
sell 80 of all a segment evs in europe and the number one selling electric vehicle model in each
country is ironically the domestic branded cars these are vwe up in germany fiat 500 electric in
italy and renault twingo electric in france in addition to the inherent low price there are a
couple of factors for the incredible growth in the a segment evs in particular in these three
countries first the small evs seem to be doing well in countries that offer scaled government
incentive programs that offer more discounts on cheaper cars currently outselling even the
popular id3 and id4 the eevee version of the ice vw up now has a starting price tag of just 21
421 euros reduced from the previous 26 900 euros which can be further reduced to 12 421 euros with
a whopping 9 000 euros incentive thereby making it similar in price to the internal combustion model
more expensive models such as fiat 500 will still qualify for 8 000 euros and the renault twingo
will receive 5 800 euros in government incentives another reason for the growth in the a segment
ev sales is vastly improved products themselves due to the increase in the level of competition
in the electric city car segment manufacturers are forced to upgrade their vehicles to drive
longer and be better equipped for example the aforementioned vwe up has almost doubled
its battery size from the previous 18.5 kilowatt hours to 36.8 kilowatt hours increasing the range
from 160 kilometers to 256 kilometers despite the price actually going down by more than 5000 euros
currently hyundai is aggressively preparing for the invasion of the north american
korean and australian markets with the bigger and glitzier evs such as the upcoming ioniq 6
which is the company's first ever electric sedan and a follow-up to the ionic 5 suv as well as the
production version of the 7 concept expected to be the largest suv ever from hyundai with a
wheelbase of 3 200 millimeters or 126 inches and the overall length to exceed five meters along
with the estimated range of up to 350 miles or 560 kilometers however the korean company is not going
to let its competitors walk away with the european market especially when they are doing so well with
their mid-priced models such as kona ev and nero ev in addition to the products like the upcoming
all-new kona ev which is to be a kia niro ev-based car from the second generation with the 400 volt
charging system and a 64.8 kilowatt hours battery to render approximately 450 kilometers wltp range
being added to the ev lineup that's led by the 800 volt ionic 5 hyundai has now officially made clear
that there is to be a brand new electric city car destined mainly for europe as well the first of
its kind of hyundai the a-segment electric car is to be developed by end of this year
and after its pre-requisite testing it's expected to be released in the european market by 2024.
according to the reports out of korea the a-segment car in question is expected to be based
on the current smallest car in the lineup called casper as it coincides with the company's plan of
putting the small four-door city car through an electrification process within this year
to turn it into the smallest bev in the hyundai stable as of now casper is only sold in korea
and it's also the smallest suv in the lineup even smaller than the b segment hyundai venue and the
europe-only bayon suv with a length of four meters approximately the overall dimensions of the new a
segment suv will be 3 600 millimeters in length 1 595 millimeters in width and 1 575 millimeters
in height with a wheelbase of 2400 millimeters the size will pit the korean city car squarely against
the likes of the vwe up and the fiat new 500 but adds the versatility of having a high roof thanks
to its boxy suv shape also just like its larger suv siblings casper features a flexible seating
arrangement that maximizes its cargo holding capacity so that it could also be used as an
economical commercial vehicle another advantage of the casper ev over the competitor is its range
expected to be utilizing the 39 kilowatt hour battery from the european kona ev standard
range model it's estimated to attain up to 300 kilometers or 186 miles on a single charge which
should definitely be class leading the charge time is also expected to lead the pack as well
this efficiency comes from using the latest power electric drive system that shares the
same lineage as the ford mustang machi borg warner an american multinational auto technology giant
is to provide hyundai with the idm or integrated drive module similar to the unit that was supplied
to fort idm is an integrated unit that puts together an electric motor gearbox and integrated
power electronics to offer weight savings and size reduction ideal for such a small car
in the case of idm for hyundai borg warner is supplying the idm 146 model built for the
400 volt charging system to offer a similar charging speed as mock e which will support
150 kilowatts charging for 80 charge in about 40 minutes and gain 60 miles in 10 minutes
as with machi the electric motor uses high voltage hairpin technology that produces the
highest efficiency and power density the peak output of this compact yet highly sophisticated
electric power system is up to an astounding 135 kilowatts or horsepower it's not certain
if all of the maximum power would be used for the casper ev but if it does it would make the small
suv the fastest ev in its class with the estimated zero to 100 kilometers time of around 6.5 seconds
for the price hyundai would follow the strategy of the competitors by offering more for less
and selling it at the starting price of just under 22 000 euros or 24 000 pounds similar to that of
the top selling vwe up with the same government incentive the final price would come down to as
low as 13 000 euros in germany to give the current sales leader run for its money if hyundai decides
to offer the casper ev in the u.s and they just might with the demand for inexpensive evs bursting
without proper options being available with decent range and quality the price could be as low as
just below 20 000 given that car prices tend to be substantially cheaper in the us compared to europe
this would make the casper ev the lowest price tv available anywhere undercutting the nearest
competitor nissan leaf by over seven thousand dollars in addition to offering a longer range as
the japanese electric hatchback only renders 144 miles from its 40 kilowatt hours battery granted
casper ev will be quite a bit smaller than the nissan leaf which is a proper compact car that's
similar to hyundai kona in size but if you are in the market for a great daily commuter to beat the
high gas price and eevee prices in general the all-new casper ev might be just what the doctor
ordered as for the end of the video question would you actually consider buying a car as small as
casper ev if it means saving tens of thousands in the operating cost and the purchase price itself
please vote and share your views by clicking on the link in the comment section below or in the
description thanks for watching auto vision your best source for the fastest korean car news and
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your passion for korean cars at koreancarnews.com see you next time with the latest karaoke
baby all the stars are shining bright yeah we should stay up
so that we can look at them all night just keep holding me don't let me go everything's
all i need is you tonight if i shut my eyes keeping them closed