In response to the US Inflation Reduction Act (IRA), which prohibits subsidies for imported EVs, Hyundai Motor announced that it has stared production of an electric vehicle (EV) in the United States. According to Yonhap, a company official stated that the South Korean automaker began assembling the Genesis GV70 SUV in its Alabama plant on […]
Continue Reading
Hyundai Motor Group and SK On partner to supply electric vehicle batteries for its dedicated electric vehicle (EV) plant in the United States. The two South Korea-based companies have signed a memorandum of understanding (MoU) to supply EV batteries and explore future business opportunities in the United States EV market, says Hyundai Motor Group. Under […]
Continue Reading
According to the signed agreement disclosed, the state of Georgia and local governments are giving 1.8 billion dollars in tax breaks and several other incentives to Hyundai Motor Group in exchange for the automobile company building its first plant in the United States for electric vehicles near Savannah. The deal calls for Hyundai to invest […]
Continue Reading
Earlier 2022, the South Korean automobile companies including Kia Corp. and Hyundai Motor Co. has rolled out two new electric cars and the Ioniq 5 of Hyundai and EV6 of Kia, which has promptly been tearing up the sales charts and also passing the Nissan Leaf, Chevrolet Bolt and every other electric vehicle on the […]
Continue Reading
Hyundai North America is going to be recalling 281,000 vehicles in the region of North America over the over the seat-belt issue that can possible explode and the project metal fragments that has been causing injuries. The recall of the vehicles that comes after three injuries and is also including some 2019-2022 Accent, along with […]
Continue Reading
The Holtec International of the United States of America and HDEC (Hyundai Engineering & Construction) of South Korea have now agreed for cooperating in the area of the nuclear plant decommissioning, and in 2021, the two companies has finalised an agreement for the supply of the SMR-160 small modular reactor plant of Holtec across the […]
Continue Reading
The Hyundai Motor Company has now partnered with the IonQ, which has been a company known for the trapped-ion quantum processors. This partnership comes after the companies including Hyundai and Kia both became the strategic investors in the IonQ as a part of the acquisition of the company merger that has been responsible for enabling […]
Continue Reading
The Hyundai Motors has partnered with the company Shell for the purpose of expanding the hydrogen infrastructure in California in support of the company’s Nexo Fuel-cell crossover. Under the agreement, which is called as ‘Project Neptune’, which has been the hydrogen-infrastructure division of Shell is going to be constructing around 48 new stations along with […]
Continue Reading
The automobile giants including Volkswagen UK and Hyundai Motor UK has announced partnerships with the company ‘eDynamix’ as a part of the efforts for automating and streamlining the aftersales customer service of the dealers of the companies. Hyundai has signed the partnership with eDynamix for the purpose of launching a new phase in the development […]
Continue Reading