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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 The company is currently producing EVs in this way at its plants in the US, South Korea, the Czech Republic, and India. trillion (US$27.8

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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 Motor Strategy 2025 lays out transition into smart mobility solution provider

Green Car Congress

Hyundai Motor Company announced a new roadmap—Strategy 2025—intended to secure its position as a frontrunner in the future mobility industry. Hyundai’s plans for Smart Mobility Device include a wide range of product groups beyond automobiles such as Personal Air Vehicle (PAV), robotics, and last-mile mobility.

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Hyundai Motor Group to invest $87B over next 5 years; 44 electrified vehicles; new EV development system; hydrogen plans

Green Car Congress

Hyundai Motor Group (HMG) will invest more than KRW100 trillion (US$87 billion) over next 5 years—KRW20 trillion (~US$17.4 Through the new EV architecture development system, Hyundai Motor Group will innovate its cost structure for electric vehicles by sharing components in their application to various models.

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Electric Car Watch #11: Hyundai's Electric Car Plans for India

Plug In India

By Abhishek & Kamlesh ​ In this episode of Electric Car watch, we will talk about Hyundai's sudden announcements regarding EV plans for India and if they can retain their market share in India by 2030. The Kona’s launch was about testing the waters in India. And Hyundai has to be prepared.

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Electric Cars in India 2021

Electric Vehicles India

Electric Cars in India 2021. When the world Automobile industry is rapidly shifting towards EVs. India is not an exception to it. Especially from the last 2 years, India’s electric vehicle sales are increasing even faster than petrol prices. Electric Cars in India list . Electric Cars in India list .

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Rising disposable income giving a thrust to connected cars in India – ET Auto

Baua Electric

Connected cars are becoming the mainstream choice for many new car buyers in India fuelled by rising disposable incomes and an influx of new models. According to a study by consultancy firm Deloitte , safety has emerged as a key priority among car buyers in India. They are aware, tech-savvy and aspirational.

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