Recently, South Korean media reported that Hyundai Motor Group's high-end brand, Genesis, planned to release a G90 model equipped with autonomous driving Level 3 technology in the fourth quarter of this year. Like the Mercedes S-Class, the Genesis G90 has an autonomous speed limit of 60 km/h.
South Korea's Ministry of Land, Infrastructure and Transport released the safety standards for L3 autonomous vehicles in 2020. According to the standards, the speed of L3 autonomous vehicles in South Korea is defined as reaching the speed limit of the road, and there is no actual limit on the maximum speed. According to regulations, the L3 self-driving cars released in South Korea can run up to 100 km/h, which is the speed limit of ordinary expressways.
However, considering that the Genesis G90 is Hyundai's first vehicle supporting L3 autonomous driving and designed for global use, the company has decided to limit its speed in South Korea in accordance with international standards. "We will first set the speed limit at 60 km/h, focusing on safety and keeping pace with the operation of our products in the European market," a Hyundai Motor source said.
The UN's International Forum for The Coordination of Vehicle Safety Standards (UN/ECE/WP.29) set an international standard in March last year that limits the speed of L3 autonomous driving to 60 km/h, and Mercedes' support for L3 autonomous driving assistance system, which already went on the market, follows this standard.
Hyundai plans to raise the speed limit for autonomous driving in accordance with national conditions after the launch of the Genesis G90. In the future, speed limits will be phased out via OTAs.
In addition, Hyundai has released its first BEV (battery electric vehicle) – IONIQ 5 in 2021, which is based on Hyundai Motor Group's own electric vehicle platform E-GMP. The car, at about $45,000 to $49,500, has a range of 470 to 480 km. It is available in two versions: a long range battery version and a standard version.