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Hyundai Motor Group and LG Energy Solution to invest additional $2B in Georgia battery manufacturing JV

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Hyundai Motor Group and LG Energy Solution (LGES) will invest an additional $2 billion in their battery cell manufacturing joint venture (JV) at the Metaplant in Bryan County, raising the JV’s total investment value to more than $4.3 This expansion will create another 400 new jobs. Earlier post.) Earlier post.)

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Hyundai Motor Group to acquire controlling interest in mobile robot firm Boston Dynamics

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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’s connected car services reach 10M global service subscribers

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Hyundai Motor Group surpassed 10 million global connected car service subscribers this month. Hyundai Motor, Kia and Genesis currently operate Bluelink, Kia Connect and Genesis Connected services. The milestone comes one year and 10 months after reaching 5 million subscribers in August 2021.

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Hyundai Motor expands partnership with US Government to support further exploration of hydrogen fuel cell technologies

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Hyundai Motor Company is expanding its partnership with the US Department of Energy (DOE) and its support of the DOE Hydrogen and Fuel Cells Program. Euisun Chung, Executive Vice Chairman of Hyundai Motor Group and Under Secretary of Energy Mark W. Hyundai provided its first NEXO SUV to the DOE in 2019.

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Hyundai Motor and INEOS partnering on driving hydrogen economy forward

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Hyundai Motor Company and INEOS signed a memorandum of understanding to explore new opportunities to accelerate the global hydrogen economy. Hyundai and INEOS will jointly investigate opportunities for the production and supply of hydrogen as well as the worldwide deployment of hydrogen applications and technologies.

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Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

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Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. Hyundai fuel cell bus. In September 2019, Hyundai and Cummins Inc.

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Hyundai Motor Group invests in startup BOS Semiconductors as part of larger automotive semiconductor strategy

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Hyundai Motor Group hsa invested in BOS (Best Of Silicon) Semiconductors, a fabless startup based in Korea that designs system-on-chip (SoC) solutions. ZER01NE’s second fund has an expanded investment target and scope compared to its first fund, formed in 2018.

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