Hyundai and Saudi Arabia’s Public Investment Fund (PIF) announced plans Monday to establish a new auto manufacturing plant in “The Kingdom.”
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Mere days after seeing Hyundai, Genesis and Kia EVs charging at Tesla Superchargers, all three of the brands under the Hyundai Motor Group umbrella have confirmed a pivot to the North American Charging Standard (NACS).
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In an “EV Sale Fiesta,” Hyundai and Kia plan to cut prices on several electric vehicles amid an ongoing price war in Korea. The planned EV price cuts will run until the end of the year.
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Korea’s top automaker, Hyundai, is looking to tap into Saudi Arabia’s post-oil era with a dedicated EV assembly plant in the region.
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To rival Tesla’s proliferating Supercharger network, Hyundai Motor Group is developing its own ultra-fast EV chargers.
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The Hyundai Motor Group announced it would target one of the largest auto markets globally with plans to unveil five EV models in India as it transitions to an electric future.
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Genesis is developing a new flagship electric SUV, the GV90, its largest EV so far. The GV90 will feature the latest technology and software in a rare collaboration between the Hyundai Motor Group and Samsung.
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The Hyundai Motor Group is already eyeing its second North American EV assembly while its first is still under construction in Bryan County, Georgia. According to Hyundai Auto Canada’s CEO, Don Romano, “Canada’s going to be part of that conversation.”
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The Hyundai Motor Group unveiled its next-gen EV platform this week, designed to support 13 new EV models from the Hyundai, Kia, and Genesis brands. Hyundai’s CEO confirmed the new platform will allow the automaker to produce EVs in all segments, including electric trucks.
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The Hyundai Motor Group revealed during its 2023 annual investor day on Tuesday that it would accelerate its transition to electric cars. With an injection of new funds dedicated to EV and battery development, Hyundai is raising its annual EV sales goal to two million by 2030, aiming for over 10% profit margins.
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According to a new report, Hyundai Motor Group is forming a powerhouse EV alliance by joining forces with fellow South Korean tech giants Samsung, SK, and LG.
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Kia aims to enter a new software-driven era with its flagship EV9 electric SUV. The EV9 will be the Hyundai Motor Group’s first model to offer on-demand features and over-the-air (OTA) updates.
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Hyundai Motor Group has shared details of the development of an autonomous lunar exploration rover it is designing with Korean aerospace partners to one day navigate the surface of the moon. The Group is aiming to deliver a launch-capable model utilizing Kia and Hyundai technologies by 2027.
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Soon you will be able to pull up and charge just about anywhere. Hyundai CRADLE, the open tech innovation unit from the Hyundai Motor Group, is partnering with Brooklyn-based EV charging firm itselectric and the New York City Economic Development Corporation to showcase curbside EV charging stations for city use.
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The Hyundai Motor Group revealed Tuesday plans to become a top three global EV producer by 2030 with a new roughly $18 billion domestic investment (KRW 24 trillion) to spark growth.
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Hyundai Mobis, the parts and service arm of the Hyundai Motor Company, revealed a new tech system that can automatically adjust the height of your EV depending on the environment, such as on rough roads, highways, parking lots, etc.
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Following its “Unlock the Software Age” global forum earlier this evening, Hyundai Motor Group has outlined a detailed roadmap to transform its entire lineup of vehicles (gas and electric) across all brands into Software Defined Vehicles (SDVs) by 2025. This new era of vehicle technology will allow HMG to constantly evolve along with its vehicles, which will be able to stay up-to-date via over-the-air updates. To support this new era, the Group has already committed to spending 18 trillion won (~$12.5 billion) to establish a new Global Software Center and accelerate SDV development.
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