Hyundai Motor Group is expanding its Vehicle-to-Everything (V2X) services worldwide, introducing Vehicle-to-Grid (V2G) and Vehicle-to-Home (V2H) functions that integrate electric vehicles into energy systems. The initiative aims to enhance grid flexibility and support higher shares of renewable power.
Key Takeaways
- Hyundai Motor Group is rolling out V2G services in Korea and Europe, alongside V2H capability in the US.
- The Korean pilot project on Jeju Island will use Kia EV9 and Hyundai Ioniq 9 to stabilize the local energy grid.
- In Europe, a commercial V2G service will be introduced in the Netherlands by late 2025.
Hyundai Motor Group’s latest phase includes V2G launches in Korea and Europe alongside V2H capability in the United States. The Korean pilot project on Jeju Island aims to stabilize the local energy grid using EV batteries as flexible resources, enabling drivers to charge at lower tariffs and discharge when prices peak.
In Europe, Hyundai Motor Group will introduce a commercial V2G service in the Netherlands by late 2025, extending its smart charging solution announced earlier this year. The scheme covers Kia EV9 and Hyundai Ioniq 9 initially, with additional vehicles planned for future inclusion.
The project is designed to help stabilize Jeju’s system by using EV batteries as flexible resources that can absorb or return energy depending on real-time conditions. Drivers will be able to charge at lower tariffs and discharge when prices peak on Jeju’s dynamic market.
According to Hokeun Chung, Executive Vice President of the Future Strategy Division, V2G services are expected to provide EV customers with a new mobility experience related to their energy life while also playing a pivotal role in leading the eco-friendly mobility market and future energy market. The Group will manage technical validation activities, while Jeju Special Self-Governing Province, KEPCO, and Hyundai Engineering will contribute regulatory, grid, and operational expertise.
Frequently Asked Questions
When is the Korean V2G pilot project scheduled to start?
The Korean V2G customer pilot on Jeju Island is set to launch by late 2025 using Kia EV9 and Hyundai Ioniq 9.
Which European country will see the first commercial V2G service from Hyundai Motor Group?
The Netherlands will be the first European country to receive a commercial V2G service by late 2025, covering Kia EV9 and Hyundai Ioniq 9.
Hyundai Motor Group’s expansion of its V2X portfolio redefines the role of electric vehicles as essential components of the global energy ecosystem. The company aims to lower energy costs for customers while unlocking new value by actively participating in energy markets.
