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Hyundai Mobis to expand investment in EV parts, automotive chips – ET Auto

Baua Electric

New Delhi: Hyundai Mobis , South Korea’s leading auto parts maker, has said it plans to boost its investment in electric vehicle (EV) parts and automotive chips this year. Hyundai Mobis is considering investing not only in startups but also in listed companies, he added.

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Hyundai Group appoints Manfred Harrer as Head of Genesis and Performance Development Tech Unit – ET Auto

Baua Electric

Manfred Harrer New Delhi: Hyundai Motor Group (the Group) has announced the appointment of Manfred Harrer as Executive Vice President and Head of the newly established Genesis and Performance Development Tech Unit. My commitment to Hyundai Motor Group is driven by a profound belief in their visionary approach to advanced mobility solutions.

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Hyundai, Kia join China’s Baidu to develop connected cars – ET Auto

Baua Electric

Seoul, South Korea’s top carmaker Hyundai Motor and its affiliate Kia said on Sunday that they have inked an agreement with China’s tech giant Baidu to develop technologies for connected cars. million units tallied in 2019, Hyundai said, citing Chinese data.

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Aptiv to sell stake in self-driving venture to Hyundai, cuts FY sales view – ET Auto

Baua Electric

As part of the agreement, Hyundai will fund Motional with an additional USD 475 million, which is expected to occur in the second quarter. Auto parts supplier Aptiv on Thursday cut its annual sales forecast and said it would reduce equity interest in its self-driving joint venture, Motional, with Hyundai Motor.

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Hyundai & Kia take second place after Tesla in US EV sales

Teslarati

South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which holds the fourth-largest share in the US car market.

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Hyundai Motor and Plus join to unveil Level 4 autonomous fuel cell e-truck in US – ET Auto

Baua Electric

A result of the collaboration between Hyundai Motor and Plus, Hyundai Motor’s XCIENT Fuel Cell truck, equipped with Plus SuperDrive Level 4 autonomous driving technology, is on display at the Plus ACT Expo booth. Hyundai Motor has been driving the energy transition paradigm with our advanced fuel cell technologies.

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Hyundai Motor presents vision for hydrogen energy and software solutions at CES 2024 – ET Auto

Baua Electric

New Delhi: Hyundai Motor Company presented its vision for a hydrogen-powered, software-driven transformation beyond mobility applications at CES 2024. To further emphasize its commitment to hydrogen, Hyundai highlighted the expansion of HTWO from a fuel cell system brand into Hyundai Motor Group’s hydrogen value chain business brand.

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