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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

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Hyundai surpassed Volkswagen Group’s operating profit

Teslarati

Hyundai Motor Group surpassed Volkswagen Group’s operating profit for the first time in Q1 2024. As of the first quarter, Hyundai has the second-highest operating profit in the global automotive industry. In Q1 2024, Hyundai Motor Group reported an operating profit of $5.09

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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. Harrer is a veteran in this field, with 25 years of experience in the automotive and tech industry.

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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. Yun also noted that while the demand for EVs in the global market has slowed temporarily, the industry will eventually move toward eco-friendly cars.

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Hyundai launches Bluelink+ connected car service program

Green Car Congress

Hyundai Motor America launched a connected car services program called Bluelink+, which eliminates nearly all subscription fees for new owners. Bluelink+ is launching with the new 2023 IONIQ 6 and on all future Bluelink-equipped Hyundai models starting with the 2024 model line-up.

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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 and Kia sign MoU with Exide Energy for EV expansion in India – ET Auto

Baua Electric

This strategic cooperation with Exide Energy marks the beginning of Hyundai Motor and Kia’s efforts to expand its exclusive battery development, production, supply and partnerships in the Indian market. New Delhi: Hyundai Motor and Kia sign MoU with Exide Energy as part of their electric vehicle (EV) expansion plans.

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