Hyundai Motor continues to review its assets in the transition to EVs. The automaker plans to stop operations at its two engine parts plants in South Korea and is considering outsourcing...
Hyundai Motor is gearing up for the mass production of Ioniq 7 to scale its EV business. The company plans to suspend operations at its Asan plant in South Korea for two months to...
Hyundai Motor continues its EV projects as some carmakers have scaled back plans for automotive electrification. The company broke ground on an EV-dedicated plant on November 13 in...
Due to high-interest rates and inflation, coupled with conflict in the Middle East, the global electric vehicle (EV) market's growth trend is feared to slow down dramatically. Recently,...
Hyundai Motor will soon expand its production footprint to Saudi Arabia. The South Korean automaker plans to build a joint EV manufacturing plant in the country with the Public Investment...
Battery maker Samsung SDI announced on October 23 that it has secured an EV battery supply agreement with Hyundai Motor, a first between the two South Korean companies. Samsung SDI's...
A multi-year supply deal for silicon carbide (SiC) and silicon (Si) power semiconductors has been struck by Infineon Technologies, Hyundai Motor Company, and Kia. Infineon will build...
Tesla's North American Charging Standard (NACS) keeps gaining traction. Hyundai Motor and its affiliated Kia announced on October 5 that they will integrate NACS ports into their...
Samsung Electronics Chairman Lee Jae-yong embarked on a strategic visit to Saudi Arabia, Israel, and Egypt during the Mid-Autumn Festival to assess local business prospects in the...
Hyundai Motor Co. and Kia Corp. plan to slash the prices of some electric vehicles as the South Korean government expanded subsidies in a bid to boost flagging demand for clean car...
US-based specialty glass supplier Corning reportedly plans to invest KRW 2 trillion (US$1.5 billion) to set up a bendable glass manufacturing plant in South Korea, targeting immense...
South Korean carmaker Hyundai Motor and battery company LG Energy Solution have committed another US$2 billion to their joint battery cell manufacturing facility in Georgia, the US...
Hyundai Motor Group will buy a 5% stake in Korea Zinc Co., the world's largest smelter for non-ferrous metals, as part of its effort to ensure access to key metals used in making...
Hyundai Motor Co. is facing a pressure campaign from a coalition of labor groups and civil rights groups in Alabama and Georgia, the home of its new $5.5 billion electric vehicle...
Hyundai Motor Group agreed to acquire a manufacturing facility from General Motors (GM) in India, as the Korea-based automaker is looking to expand in the world's third-largest auto...
