article thumbnail

Hyundai Motor Group’s Supernal unveils eVTOL vehicle cabin concept at 2022 Farnborough International Airshow

Green Car Congress

Supernal revealed its initial eVTOL vehicle cabin concept at Farnborough International Airshow, providing the first look at how Hyundai Motor Group is integrating automotive capabilities to develop the Advanced Air Mobility (AAM) market. —Jaiwon Shin, President of Hyundai Motor Group and CEO of Supernal.

Hyundai 221
article thumbnail

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.

Hyundai 284
article thumbnail

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.

Kia 170
article thumbnail

TVS and Hyundai confirm new investments in Tamil Nadu | Autocar Professional

Baua Electric

From the automotive industry, three MoUs confirming investments from TVS Motor Co, Hyundai and Vietnamese EV maker VinFast were signed today with the state government. Korean auto major Hyundai is to invest an additional Rs 6,000 crore to set up a hydrogen resource centre in association with IIT Madras.

Hyundai 40
article thumbnail

Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

Green Car Congress

they use all the economic, environmental and social resources considered in a value-creating way. A carmaker creates positive (or negative) Sustainable Value if it earns a higher (or lower) return than its peers with its available economic, environmental and social resources. Click to enlarge. GM achieved a sustainable value of -€9.87

article thumbnail

Israeli startup Imagry takes contrarian mapless way to self sufficient using

Baua Electric

Colorful maps streaming into the automobile serve spare data that turns out to be useful in difficult statuses, comparable to encountering categories of roadway with out a or obscured lane markings. The high-definition maps kick in and inform the automobile the place it must be within the lane, Shashua stated.

article thumbnail

ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure.