Hyundai commits to fulfilling electrification strategy despite hybrid appeal

Hyundai is committing to fulfilling its electrification strategy, refusing to divest and putting effort toward other, potentially more in-demand powertrains as it continues to find its footing in the world of electric vehicles. It is getting to the point where consumers are more prone to hybrid powertrains because they worry about the dependability, growth, and […]

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Hyundai Motor Group to deepen EV partnership in Indonesia

Hyundai Motor Group’s Executive Chair, Chung Euisun, visited Indonesia recently to deepen the automaker’s partnership with the country regarding electric vehicles (EVs) and hydrogen energy. Hyundai Motor Group’s Executive Chair, CEO Chang Jae-hoom, and adviser Sung Kim met with Indonesia’s  Coordinating Minister for Economic Affairs, Airlangga Hartarto.  “The Indonesian government is currently accelerating the development of […]

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Hyundai prepares for US rules against China-connected vehicles

Hyundai Motor Group is preparing for potential U.S. measures against China-connected vehicles. The South Korean automaker is diversifying its parts supply chain outside China and lobbying efforts in the United States.  “Hyundai Motor and Kia have to brace for the worst by reducing their reliance on China and broadening their supply chains into other countries such […]

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Hyundai to construct an EV module plant in S. Korea

Hyundai plans to construct an electric vehicle (EV) module plant in South Korea. Hyundai’s investment shows that it still believes electric vehicles are the future despite a slowing market.  On Thursday, May 9, 2024, Hyundai signed an investment memorandum of understanding with the Ulsan Metropolitan City. Ulsan Mayor Kim Du-gyeom and Hyundai Mobis CEO Lee […]

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Hyundai invests $900M+ in self-driving development

Hyundai is investing nearly $1billion to develop self-driving technology through Motional, an autonomous driving startup.  “Hyundai Motor Group decided to obtain stable management rights in Motional to proactively develop autonomous driving technology and internalize core technology,” said the South Korean automaker. Hyundai and Aptiv, an Irish-American automotive technology company, established Motional in March 2020. Hyundai […]

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Hyundai Motor to use solar energy to power Georgia Metaplant

Hyundai Motor will use solar energy to power its Georgia Metaplant, which is still under construction. South Korean automaker Hyundai Motor Group signed a 15-year power agreement with Spain’s Matrix Renewables to power the electric vehicle (EV) plant.  According to Hyundai and Matrix Renewables’ power purchase agreement, the Spanish company will provide up to 147 […]

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Hyundai collaborates with China’s Baidu on car autonomy, AI & more

Hyundai Motor Co and its affiliate Kia signed an agreement with Chinese tech giant Baidu to develop technologies for connected cars, including autonomous software, artificial intelligence (AI), and more.  Based on the Memorandum of Understanding signed by Hyundai and Baidu, the two automakers seek to develop technologies for connected cars together. The collaboration will work […]

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Hyundai invests more in Georgia to produce hybrids

Hyundai Motor Co. has decided to invest more in its upcoming Georgia plant to produce hybrids amidst the slowing demand for electric vehicles (EVs).  Hyundai’s Georgia Metaplant was supposed to be a dedicated factory for EV production. However, Hyundai and a few more legacy automakers have mentioned a slowing demand for electric vehicles and have […]

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Hyundai to develop materials to enhance EV performance

Hyundai Motor Group plans to develop materials that enhance the performance of electric vehicles. To achieve this goal, it entered into a strategic partnership with Japanese material manufacturer Toray Industries.  Hyundai plans to proactively use new materials in its future mobility products, including its future electric vehicle designs. Hyundai and Toray will work together to […]

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