Remove Affordable Remove Hyundai Remove Motors Remove Products
article thumbnail

Hyundai Motor Group to acquire controlling interest in mobile robot firm Boston Dynamics

Green Car Congress

Hyundai Motor Group will acquire a controlling interest in the mobile robot firm Boston Dynamics from Softbank in a deal that values Boston Dynamics at $1.1 The deal came as Hyundai Motor Group envisions the transformation of human life by combining world-leading robotics technologies with its mobility expertise.

Boston 475
article thumbnail

Hyundai commits to fulfilling electrification strategy despite hybrid appeal

Teslarati

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. Hyundai is one of these companies. And our products have done extremely well in the marketplace.”

Hyundai 121
article thumbnail

Hyundai Motor accelerates hydrogen technology development through 3 strategic investments

Green Car Congress

Hyundai Motor Company announced key investments into three hydrogen companies—Impact Coatings, H2Pro and GRZ Technologies—to strengthen its leadership position in the global hydrogen fuel cell ecosystem. —Youngcho Chi, President and Chief Innovation Officer at Hyundai Motor Group. Impact Coatings.

Hyundai 273
article thumbnail

Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. 305 $51,265 SE Dual Motor AWD 77.4 361 $43,656 SEL RWD 77.4

article thumbnail

Hyundai to begin production of Casper mini EV for Europe in July: report

Teslarati

Hyundai is reportedly looking to launch an affordable electric version of its Casper mini SUV in Europe later this year, which is expected to rival other small electric vehicles (EVs) in the market. Hyundai is currently building a new EV factory in South Korea , which broke ground in November and is expected to cost around $1.5

Hyundai 114
article thumbnail

Hyundai to release Genesis GV90 EV by late 2025

Teslarati

Hyundai plans to release the GV90, a full-sized electric sport utility vehicle under the Genesis brand, by late 2025. Hyundai has already sent a request for quotation (RFQ) to major partners with details about its plans for the Genesis GV90. The post Hyundai to release Genesis GV90 EV by late 2025 appeared first on TESLARATI.

Hyundai 120
article thumbnail

Hyundai Metaplant America to boost its EV sales in the US 

Teslarati

Hyundai Motor Group’s Metaplant America (HMGMA ) in Georgia will likely boost its electric vehicle (EV) sales in the United States. Hyundai Motor Group is investing $7.59 A study by the Center for Automotive Research estimated that Hyundai’s investments in Georgia will create about 40,000 jobs and result in $4.6

Hyundai 120