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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.

Kia 170
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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.

Water 186
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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. SUVs, crossovers, and minivans were next.

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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 HMGICS will demonstrate various new manufacturing technologies for enhancement of quality, logistics and management automation and others.

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2024 Corvette E-Ray, 2025 Ferrari 812 successor: Automobile Information Headlines

Baua Electric

The sports activities automotive combines a V-8 with a unmarried electrical motor for a blended 655 hp, and the electrical motor at the entrance axle way this may be the primary Corvette with all-wheel pressure. You’ll to find those tales and extra in nowadays’s automotive information, proper right here at Motor Authority.

Ferrari 52
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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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2024 Hyundai Ioniq 5 N, 2024 Lamborghini SC63: Automobile Information Headlines

Baua Electric

Next what turns out like without end, Hyundai N has in the end delivered its first electrical automobile within the method of the Ioniq 5 N. Year the ideas aren’t destined for manufacturing, lets see a few of their design components detail on month manufacturing fashions from the logo.