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Hyundai Motor Group, Aramco and KAUST collaborate on new e-fuel for novel combustion system

Green Car Congress

Hyundai Motor Group will collaborate with the Saudi Arabian Oil Company (Aramco) and King Abdullah University of Science and Technology (KAUST) jointly to research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall carbon dioxide emissions of a vehicle.

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Hyundai Motor Group and SK On to invest $5B in EV battery cell production joint venture in Georgia

Green Car Congress

Hyundai Motor Group plans to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. The Group affiliates Hyundai Motor Company, Kia Corporation and Hyundai Mobis each approved the plan at their respective board meetings.

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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.

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Hyundai Motor Group launches $400M Boston Dynamics AI Institute

Green Car Congress

Hyundai Motor Group has launched the Boston Dynamics AI Institute , with the goal of making fundamental advances in artificial intelligence (AI), robotics and intelligent machines. Hyundai Motor Group acquired an 80% controlling interest in Boston Dynamics in 2021. Earlier post.).

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Hyundai Motor Group’s connected car services reach 10M global service subscribers

Green Car Congress

Hyundai Motor Group surpassed 10 million global connected car service subscribers this month. The Group said that this rapid growth supports the acceleration of the Group’s Software-Defined Vehicle (SDV) strategy. The milestone comes one year and 10 months after reaching 5 million subscribers in August 2021.

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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

Green Car Congress

In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. Under the new plan, the company aims to boost annual global BEV sales to 1.87 This year, Hyundai begin sales of IONIQ 6, followed by IONIQ 7 in 2024.

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Hyundai Motor Group breaks ground on Metaplant America dedicated EV and battery plant

Green Car Congress

Hyundai Motor Group officially broke ground today on Hyundai Motor Group Metaplant America (HMGMA) LLC’s new manufacturing plant at the Bryan County Mega site. Hyundai Motor Group is accelerating its electrification efforts with the global target to sell 3.23 Earlier post.).

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