Hyundai Motor Group

Hyundai Motor Group, including Kia, is gaining ground on Tesla in the US electric vehicle market. After a record start to 2024, Hyundai and Kia accounted for 11.2% of the EVs sold in the US through May.

Hyundai is bringing on ex-Porsche and Apple exec Manfred Harrer to lead the development of its new luxury Genesis Magma brand. The appointment is expected to help accelerate Hyundai Motor’s (including Kia’s) transition to electric with “top-tier” EV leadership.

A recent report out of South Korea states that Hyundai Motor Group is beginning development of a new hydrogen fuel cell EV supercar based on its N Vision 74 concept from a couple of years ago. The Korean automaker is working on a development mule ahead of planned production in 2026.

Following similar announcements from rivals, Hyundai is adding more hybrids to its lineup as a bridge to its next-gen EVs. Hyundai will add hybrid production lines at its dedicated EV plant in Georgia as demand rises.

Hyundai is constantly looking for ways to improve the range and performance of its EVs. With its latest partnership, Hyundai will develop new materials for better EV performance.

If you’re looking to get the most out of your vehicle, Hyundai may be your best choice. In 2024, Hyundai has six of the top ten most fuel-efficient EVs in the US, including the IONIQ 6, IONIQ 5, and Kona Electric.

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor, along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024.

If you see an electric robot roaming around the office, don’t be alarmed. It could just be DAL-e, Hyundai’s new electric delivery robot that can easily carry around 16 cups of coffee.

Hyundai announced a massive $50 billion (68 trillion won) investment to secure its position as the auto market transitions to EVs. The Korean automaker will hire 80,000 people in Korea to help it become a top-three EV maker by 2030.

Hyundai Motor Group, including Kia and Genesis, is set to recall over 147,000 EVs in the US due to potentially damaged charging units.

For the first time, Hyundai Motor revealed its new “ST1” EV business platform on Thursday. The ST1 is the first of several new electric models based on the platform.

Hyundai and Kia will recall around 170,000 EVs in Korea, the largest since they launched. The recall is over a software issue impacting Hyundai’s IONIQ, Genesis, and Kia EVs. Meanwhile, there’s an open NHTSA investigation in the US.

As the Hyundai IONIQ 9 gets closer to its official debut, we are finally getting a sneak peek of what we can expect. Hyundai’s first three-row electric SUV was spotted testing, revealing its large body and sleek design.

Hyundai launched a new trade-in program in Korea that allows you to buy EVs like you would an iPhone. The move is designed to encourage shoppers to go electric with discounts on new Hyundai EVs when turning in used gas-powered cars.

The first three-row electric SUV from Hyundai will be named the IONIQ 9. Hyundai plans to change the name of the electric SUV from IONIQ 7 to IONIQ 9 as it looks to build off Kia’s success with the EV9.

Is Hyundai developing a luxury electric sedan? Possibly under the Genesis brand. Hyundai was recently spotted testing a Lucid Air electric sedan in South Korea, suggesting a high-end Hyundai EV could be in the works.

February 26, 2024, will forever be known as Hyundai Day in the state of Georgia as the automaker gears up to begin production at its first dedicated EV and battery plant in the US later this year.

The first Hyundai plant dedicated to building EVs and batteries in the US will be open as soon as this October. According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit.

Hyundai announced a new deal with Iveco Group to supply an all-electric van based on its global eLCV platform. The Iveco-badged electric van will be Hyundai’s first export to use its new EV platform.

Hyundai’s luxury brand, Genesis, sold more EVs in the US last year than Lexus and Lucid. Genesis’ EV sales nearly quadrupled in the US in 2023 as the luxury brand expands its presence.

Hyundai sold 268,785 EVs last year as demand for the IONIQ 5 and IONIQ 6 picked up. The South Korean automaker plans to strengthen its leadership in the EV market, with new models gaining momentum.