Remove Auto Remove Automobile Remove Hyundai Remove Industry
article thumbnail

Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 In the existing system, auto parts can only be shared among vehicles that share the same platform. trillion (US$27.8

Hyundai 284
article thumbnail

More auto plant shutdowns for COVID-19

Green Car Congress

Joining BMW, Ford and FCA in suspension of production in the US due to COVID-19 ( earlier post ) are: Toyota is temporarily suspending production at all of its automobile and components plants in North America, including Canada, Mexico and the US, through 3 April. Tesla will suspend production at its Fremont plant on 23 March.

Auto 199
article thumbnail

Automobile Information Europe honors the 2023 Emerging Stars

Baua Electric

Nineteen younger and proficient car executives had been commemorated as Emerging Stars inside the car business through Automobile Information Europe. Because the program used to be began in 2011, Automobile Information Europe has awarded greater than 230 Emerging Stars. “The 19 people who were chosen this year are exceptional.

article thumbnail

News: Hyundai Lays Out An Electric Future

Clean Fleet Report

Hyundai, Kia and Genesis Are on a Fast-Track to EVs. Hyundai invests in EV plant. The Hyundai Motor Group (HMG) is a worldwide leader in electrified vehicles through its Hyundai, Kia and Genesis brands. market), but could be a mix of current and all-new coming Hyundai electric vehicles. auto market’s EV transition.”

Hyundai 90
article thumbnail

TVS and Hyundai confirm new investments in Tamil Nadu | Autocar Professional

Baua Electric

From the automotive industry, three MoUs confirming investments from TVS Motor Co, Hyundai and Vietnamese EV maker VinFast were signed today with the state government. Korean auto major Hyundai is to invest an additional Rs 6,000 crore to set up a hydrogen resource centre in association with IIT Madras.

Hyundai 40
article thumbnail

Hyundai, Kia publish double-digit beneficial properties in Might

Baua Electric

gross sales rose for the Tenth-straight moment in Might at Hyundai and Kia, helped via emerging stock and incentives and sharply upper fleet deliveries. Hyundai deliveries jumped 18 p.c The corporate stated it delivered 5,931 automobiles to fleet shoppers, or 8.5 Hyundai ended Might with 47,671 gentle automobiles in U.S.

Kia 52
article thumbnail

Thomson Reuters report finds established auto industry companies, not Silicon Valley, leading development of autonomous driving tech

Green Car Congress

Established automotive industry companies—not Silicon Valley—are leading the development of autonomous driving technology, according to a new report from the Intellectual Property and Science business of Thomson Reuters. Toyota and Hyundai take the second and third places.