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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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Consumer Reports Says EVs Less Reliable Than Traditional Automobiles

The Truth About Cars

For 2023, CR reported that EVs had 79 percent more problems than automobiles that use internal combustion. The biggest issues for EVs were reportedly failing electric drive motors, unreliable charging, and trouble with battery packs. Plug-in hybrids were even worse with 146 percent more issues.

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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 By utilizing existing lines, construction time is much shorter than building new plants and can be ramped up quickly to meet EV demand.

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Hyundai Reportedly Building N Vision 74

The Truth About Cars

Reports from South Korea are claiming that Hyundai will build a limited number of the N Vision 74, pegging the production figure at just 100 units. According to South Korea’s ETNews , formerly the Electronic Times, Hyundai plans on building 100 vehicles based upon the hydrogen-electric hybrid concept. Honda did it with the NSX.

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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 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. 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. Toyota Motor Corp.,

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