Hyundai's long-rumored mid-size pickup truck is expected to compete with the Toyota Hilux and Ford Ranger, and it might not offer a conventional gasoline engine.
During Hyundai's Investor Day presentation, the company outlined plans for over 100 new or refreshed models by 2030, including a body-on-frame pickup set to launch within the next three years.
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The new truck will target global rivals such as the Mitsubishi Triton and Isuzu D-Max, filling a 'white space' in Hyundai's lineup.
Hybrid or EREV Powertrain Likely
Hyundai Motor Company Australia's COO, Gavin Donaldson, acknowledged the brand's late entry into the segment and hinted at a hybrid or range-extender electric vehicle (EREV) powertrain.
"There's no doubt we'll be late to the party," Donaldson told Car Sales.
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"When we do come to the party, we want to make sure everyone sees us when we walk through the door, and I think the powertrain will be the key."
Hyundai has confirmed several EREV models in development, including versions of the Santa Fe and Genesis, which could provide a basis for the pickup's electrified powertrain.
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While speculation suggests the pickup might share its architecture with the Kia Tasman, Hyundai has not confirmed any platform details.
