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Hyundai Motor Group closes the gap with Tesla 

Teslarati

Hyundai Motor Group has shrunk the gap between itself and Tesla by 33% in the United States electric vehicle (EV) market. The South Korean company’s achievement is attributed to Hyundai and Kia brand sales in the United States. Hyundai Motor Group shrunk its gap with Tesla by 33% over the past five years. in H1 2023.

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Hyundai Motor and Kia collaborate with Next Hydrogen to develop advanced alkaline water electrolysis system

Green Car Congress

Hyundai Motor Company and Kia Corporation have signed a memorandum of understanding with Canada-based Next Hydrogen Corporation, a specialist in water electrolysis technology and a subsidiary of Next Hydrogen Solutions Inc., Hyundai Motor and Kia will also oversee the test performance of the new stack.

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Hyundai Motor, Kia Motors and LG Chem launch global competition to invest in EV and battery start-ups

Green Car Congress

Hyundai Motor Company, Kia Motors Corporation, and LG Chem are jointly sponsoring the “EV & Battery Challenge” (EVBC), a global competition to identify up to 10 EV and battery start-ups for potential investment and collaboration. Hyundai and Kia have gained prominence in the global market with a comprehensive portfolio of EVs.

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In the Hot Seat: The Kia Telluride Is Being Recalled Over Fire Fears

The Truth About Cars

Based on documents filed with the National Highway Traffic Safety Administration (NHTSA), the front power seat motor on the affected vehicles could overheat due to a stuck slide knob. Since the situation can result in a fire, Kia plans on recalling a whopping 462,869 examples inside of the United States.

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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 trillion (US$85 billion) over the next 10 years, including KRW 35.8 trillion (US$27.8 billion) for electrification. Production.

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Hyundai Motor Group invests $300M in India’s largest mobility service provider Ola

Green Car Congress

Hyundai Motor Group and India-based Ola—one of the world’s largest ride-hailing platforms— announced a strategic partnership under which Hyundai Motor Company and Kia Motors Corporation will make their biggest combined investment to date, as part the Group’s continued efforts to become a Smart Mobility Solutions Provider.

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Hyundai, Kia nonetheless below prison force next settling lawsuit over automobile thefts

Baua Electric

They estimate that Hyundai and Kia’s determination to not come with immobilizers has already price the insurers $190 million. say the Hyundai and Kia thefts and similar crimes have fed on regulation enforcement and alternative catastrophe assets and feature impeded crowd protection. who died next joyriding in a stolen Kia.