As China-based BYD announced a US$1.3 billion investment in Indonesia, Hyundai Motor, which sees the country as a critical market, will likely take a countermeasure. The South Korean...
Samsung Electronics will expand its home appliance connectivity application platform "SmartThings" to the automotive sector by collaborating with Hyundai Motor Group, Chosun Ilbo...
At CES 2024, Hyundai Motor made a resounding entry into the burgeoning aerial vehicle market with the unveiling of its cutting-edge Electric Vertical Takeoff and Landing (eVTOL) aircraft...
Hyundai Motor Co. will give as much as $7,500 in cash bonuses for electric-vehicle buyers in the US, seeking to keep its cars competitive with automakers qualifying for tax credits...
China's sweeping December 29, 2023, amendments to its Company Law have seen foreign compliance teams scrambling to figure out the new rules and have South Korean businesses feeling...
The future of cars is a topic that inspires the imagination. Speculation has focused significant attention on the development of in-car display technologies.
Samsung Electronics has announced a partnership with Hyundai Motor Group, including Kia, to expand its SmartThings platform to enable connected vehicles, including electric vehicles...
While the EV market growth has slowed, Hyundai Motor significantly increased its EV sales target in the new year. The automaker also plans to roll out affordable EV models to attract...
South Korean battery manufacturer SK On is bolstering its domestic battery production capacity with a substantial investment of KRW 1.75 trillion (US$1.34 billion), an increase of...
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...