Car manufacturers often create concept vehicles to showcase their technological prowess. However, most never get past the prototype stage because the designs are too far-fetched or expensive to make on a large scale. But on May 5, 2022, South Korean car manufacturer Hyundai announced plans to further develop the Elevate and Tiger X-1. The radical concept Ultimate Mobility Vehicles (UMVs) were unveiled at the Consumer Electronics Show in 2019 and 2021, respectively.