Green Car Congress

APRIL 12, 2023

Hyundai Motor Group (the Group) today announced its goal to become one of the world’s top 3 EV manufacturers by 2030 through the combined sales of Hyundai Motor, Kia and Genesis electric models, at the groundbreaking ceremony of Kia’s dedicated plant for purpose-built vehicle (PBV) production in Korea.

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Hyundai Motors Motoring Motor 150

CleanTechnica EVs

APRIL 15, 2023

Kia recently hosted a groundbreaking ceremony for its special factory for the manufacture of vehicles designed specifically for battery-electric purpose-built vehicles (PBV).

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Kia Hyundai Building Vehicles 116

Green Car Congress

APRIL 7, 2023

Hyundai Motor Company and Kia Corporation signed a multilateral Memorandum of Understanding (MOU) with 17 industry-leading companies, including Hyundai Motor Group affiliates and software development companies, to form the Hyundai Motor Group Model-Based Development (MBD) Consortium.

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Hyundai Kia Motors Motoring 170

The Truth About Cars

MAY 8, 2024

Hyundai Motor reportedly plans on using preexisting investments slated for its new EV facility in Georgia to pivot toward hybrid vehicles, as all-electric models haven’t seen the kind of adoption rates that would warrant an entire factory — let alone the plant that will become its largest outside of South Korea.

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North America Hyundai Building South Korea 81

Green Car Congress

JUNE 23, 2020

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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Kia Hyundai Motor Motors 170

Green Car Congress

APRIL 6, 2023

Kia has updated its mid- to long-term business strategy with a focus on electrification. Kia’s updated 2030 annual sales target is 4.3 Kia first unveiled its mid- to long-term strategy entitled ‘Plan S’ in 2020, which focuses on a pre-emptive transformation towards an EV-focused business and providing customized mobility solutions.

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Kia Sale Taxi Hyundai 210

Green Car Congress

JULY 9, 2021

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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Water Kia Hyundai Hydrogen 186

Green Car Congress

MARCH 30, 2022

Hyundai Motor Group will collaborate with the Saudi Arabian Oil Company (Aramco) and King Abdullah University of Science and Technology (KAUST) jointly to research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall carbon dioxide emissions of a vehicle.

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Hyundai Motors Motoring Motor 448

Green Car Congress

JUNE 21, 2023

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 Motors Motoring Motor 284

Green Car Congress

JULY 29, 2021

Hyundai Motor Group (the Group) and LG Energy Solution have signed a Memorandum of Understanding (MoU) with the Government of Indonesia to establish a joint venture (JV) in Indonesia to manufacture battery cells for BEVs. Under the MoU, Hyundai Motor Group and LG Energy Solution will invest a total of US$1.1

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Indonesia Hyundai Motors Motoring 170

Green Car Congress

JANUARY 16, 2020

Hyundai Motor Company and Kia Motors Corporation today made a strategic investment of €100 million (US $110 million) in a new partnership with Arrival , a UK-based electric vehicle startup ( earlier post ). Of the total investment, Hyundai will contribute €80 million; Kia €20 million.

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Kia Hyundai Commercial Vehicles 259

Green Car Congress

APRIL 25, 2022

Four key Hyundai Motor Group affiliate companies—Hyundai Motor Company (Hyundai Motor), Kia Corporation (Kia), Hyundai Mobis, and Hyundai Wia—are now members of Climate Group’s RE100 , a global initiative committed to large corporates moving toward 100% renewable electricity.

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Hyundai Renewable Climate Motors 186

Green Car Congress

JULY 27, 2023

Seven major global automakers—BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, and Stellantis NV—will create a joint venture to build a new charging network that will significantly expand access to high-powered charging in North America.

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America Building Charging DC 284

Teslarati

DECEMBER 16, 2021

“Building our recently announced second domestic manufacturing facility near Atlanta, Georgia (500,000 targeted annual production capacity with eventual co-located cell production),” Rivian listed in its list of achievements. million square feet of manufacturing space. automotive market.

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Georgia Fort Worth Manufacturer Atlanta 117

Green Car Congress

AUGUST 31, 2020

Hyundai Mobis is building its third core parts plant for electric vehicles in Pyeongtaek, Gyeonggi-do, Korea, following plants in Chungju and Ulsan. It is only about 13 km away from the Hwaseong plant of Kia Motors. billion won (US$30 million) to start construction in September. at the Pyeongtaek plant.

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Hyundai Parts Building Kia 345

Green Car Congress

AUGUST 31, 2023

Hyundai Motor Group signed a memorandum of understanding (MOU) with Korea Zinc. million EVs, positioning itself among the top three global EV manufacturers by 2030. Furthermore, Hyundai Motor Group secured the right to suggest one non-executive director. Nickel supply from the partnership is planned to commence in 2026.

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Hyundai Motors Motoring Motor 150

Green Car Congress

AUGUST 1, 2022

Hyundai Motor Group presented the HMG Smart City master model at the 2022 World Cities Summit in Singapore. Hyundai Motor Group President and Chief Innovation Officer, Youngcho Chi, further elaborated on the Group’s vision for smart cities during his participation in the World Cities Summit panel discussion.

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Hyundai Motors Motoring Motor 259

Teslarati

MAY 19, 2022

Hyundai Motor Group and affiliate automaker Kia have agreed to spend $16.5 Hyundai Motor Group, which includes Kia, Hyundai Motor, and Genesis, said the factory will build 150,000 vehicles every year, supplying Hyundai and Kia with enough volume to supply customers with EVs. million units by 2030.

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South Korea Kia Hyundai Production 99

Green Car Congress

FEBRUARY 2, 2021

Kia Corporation has begun to lay the groundwork for its innovative Purpose-Built Vehicle (PBV) business, partnering with cold chain startup ‘S.lab Asia Inc.’ It is currently building a logistics network that will sell and distribute fresh products to Korea and Southeast Asia. to break into Singapore’s last-mile delivery market.

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Singapore Kia Miles Future 236

Green Car Congress

JULY 26, 2023

Hyundai Motor Group announced the inauguration of its Joint Battery Research Center with Seoul National University (SNU). In addition, researchers from Hyundai Motor and Kia will be dispatched to the center to participate as members of the joint research team, maximizing research synergy through close communication and sharing of expertise.

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Universal Hyundai Motors Motoring 150

Green Car Congress

MARCH 20, 2019

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 Motors Motoring Motor 186

Baua Electric

JANUARY 24, 2024

The new affordable Kia EV3 and EV4 models are ready for production following the brand’s first EV plant upgrade. Once up and running, the site will exclusively build EVs, including Kia’s new entry-level models. Kia’s plant, which used to make the Pride and Stonic vehicles, is now designed to produce its next-gen EVs.

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Kia Production Hyundai Singapore 52

The Truth About Cars

DECEMBER 19, 2023

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 Building South Korea Concept 95

Green Car Congress

NOVEMBER 2, 2011

Kia Motors Corporation plans to build a third manufacturing plant in China in order to meet increasing local demand and to maintain its positive sales momentum in the market. Dongfeng Yueda Kia (DYK) Motors is a 50/50 joint venture through which Kia Motors manufactures, markets and services vehicles in China.).

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Kia China Market Motors 170

Teslarati

OCTOBER 27, 2022

Hyundai Motor Group’s Executive Chair Euisun Chung and Georgia’s Governor Brian P. Kemp recently broke ground on Hyundai Motor Group Metaplant America (HMGMA) LLC’s new EV and battery plant at the Bryan County Mega site. Hyundai Motor Group Executive Chair Euisun Chung shared his thoughts on the project.

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Georgia Manufacturer Hyundai Battery 99

Baua Electric

JANUARY 31, 2024

For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. Kia is now South Korea’s fifth most-valued stock at $31 billion (41.3 Kia surpasses Hyundai in market value Hyundai, which saved Kia from bankruptcy in 1998, owns around a third of the South Korean automaker.

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Kia Affordable Hyundai Market 52

Green Car Congress

MAY 15, 2019

Hyundai Motor Group and Rimac Automobili (Rimac) announced a strategic partnership aimed to strengthen the Group’s efforts to lead the high-performance electrified vehicle market and enhance its status as a game changer in Clean Mobility. —Euisun Chung, Executive Vice Chairman of Hyundai Motor Group.

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Hyundai 2020 Motors Motoring 191

Baua Electric

JANUARY 8, 2024

Kia has revealed much more about its Platform Beyond Vehicle (PBV) strategy for providing modular vehicles for last-mile delivery and other uses, potentially around the globe. They’ll be a growing and important piece as Kia targets sales of 1.6 Kia PBV Concepts EVs that look beyond the skateboard platform?

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Kia Concept Las Vegas South Korea 52

Green Car Congress

JUNE 23, 2021

Hyundai Motor Group and Grab Holdings Inc. The Group—including Hyundai Motor Company and Kia Corporation—and Grab will further develop new pilots and initiatives that lower the barriers of entry for Grab driver and delivery-partners to adopt EVs, such as lowering the total cost of ownership and reducing range anxiety.

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Asia Hyundai Singapore Indonesia 199

Baua Electric

JANUARY 19, 2024

MapmyIndia has bagged a major automotive OEM business contract from Hyundai Autoever Corporation for licensing of CE Info (MapmyIndia) map and connected services contents to Hyundai Motor India and Kia India for the India market. A key milestone was achieving a Rs 100 crore-plus quarterly income (Q3 FY2024: Rs 103.6

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Kia Hyundai India Connect 40

Baua Electric

JANUARY 19, 2024

MapmyIndia has bagged a major automotive OEM business contract from Hyundai Autoever Corporation for licensing of CE Info (MapmyIndia) map and connected services contents to Hyundai Motor India and Kia India for the India market. A key milestone was achieving a Rs 100 crore-plus quarterly income (Q3 FY2024: Rs 103.6

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Kia Hyundai India Connect 40

Baua Electric

JUNE 3, 2023

A veteran automobile retail govt has teamed up with a identified Kia dealership supervisor to shop for their first retail outlets: 3 franchised dealerships, plus a used-car bundle, in rural Texas. shaped a partnership in February with Kimberly Eakin, normal supervisor of Dennis Eakin Kia in Killeen, Texas. Kramer stated.

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Kia Texas Buy GM 52

Green Car Congress

JUNE 27, 2018

Hyundai Motor Group (HMG) has selected Wärtsilä for a technology and commercial partnership designed to utilize second-life electric vehicle (EV) batteries for the growing energy storage market. Energy storage is the logical next step in the after-market use of EV batteries. —Javier Cavada, President of Wärtsilä Energy Solutions.

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Hyundai Electric Vehicles Motors Motoring 199

Teslarati

NOVEMBER 17, 2022

General Motors has made a deal with Brazilian mining firm Vale SA for nickel that will be used in the company’s ultium batteries in the coming years. General Motors’ deal with Vale certainly isn’t unique, but it is crucial. The push to get close to mining companies is not unique to General Motors.

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General Motors Motor Motors Motoring 88

Teslarati

JANUARY 13, 2022

In 2014 when Narendra Modi officially became Prime Minister of India, his first message to people around the world was that, under his leadership, Indian manufacturing operations would become one of the world’s most robust. Five years after the initiative began, India’s manufacturing GDP was the lowest it had been in twenty years.

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India Manufacturer Tesla Tax 120

Teslarati

MAY 31, 2023

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. based battery plant.

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United States Hyundai Georgia Energy 96

Teslarati

FEBRUARY 28, 2024

Hyundai Motor Group’s Metaplant America (HMGMA ) in Georgia will likely boost its electric vehicle (EV) sales in the United States. Hyundai Motor Group is investing $7.59 The Asian car company is also building a $5 billion EV battery cell plant with SK ON in Georgia, which is expected to employ 3,500 workers.

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Hyundai America Sale Georgia 93