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flag Hyundai Australia's first unique mid-size ute may launch in 2029 with hybrid or electric power, avoiding a rebadged model.

flag Hyundai Australia’s first ute will not be a rebadged model, CEO Don Romano confirmed, stressing the vehicle’s need for unique technology and design to stand out against rivals like the Ford Ranger and Toyota HiLux. flag While exploring partnerships, including with General Motors, Romano ruled out a straightforward Chevrolet ute, emphasizing the need for significant customization. flag The new mid-size, body-on-frame ute may feature a novel hybrid system—possibly an extended-range electric vehicle—or be fully electric, with trademark filings suggesting models like the Ioniq T7 and T10. flag Although a diesel option is not preferred, it may be considered temporarily. flag Development delays due to declining ute sales could push the launch to 2029, with Romano stepping down before the debut. flag The final powertrain and platform remain under review, balancing Australian preferences with global strategy.

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