Despite recent slowdowns in the electric vehicle (EV) market, Hyundai Motor Group (HMG) continues to perform strongly in the United States. The group has secured a 10% market share,...
Hyundai Motor and its affiliate Kia view software as a crucial element of their future development. The pair targets China's fast-growing connected vehicle market and will collaborate...
Hyundai Motor and Kia achieved outstanding financial performance in the first quarter of 2024 while facing challenges such as soft battery EV growth, high interest rates, and geopolitics...
Hyundai Motor and Kia announced a partnership with Exide Industries to source locally-made lithium-ion cells for EVs sold in India. The announcement came as global EV brands, such...
In 2020, the rapid growth of EV sales, especially Battery EVs (BEVs), and market share prompted European automakers to develop chassis dedicated to BEVs.
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...
While current electrical vehicles revolve around electric power, electric drive, and electronic control systems, known as 3E, the future will be an era characterized by 3A - autonomous...
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...
Kia Corp. unveiled a compact electric sport-utility vehicle and two concept EVs as it builds out a range of cheaper models to appeal to budget-conscious drivers.
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...
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...
About 30% of existing carmakers will face elimination from the market in 2030 due to a failure to transform their business, according to Calvin Lee, managing director of Sime Darby...
Kia, Hyundai Motor's subsidiary, is considering adding EV production capacity in Mexico, where it already makes ICE cars. The company's vehicles will be eligible for the US EV tax...
