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Hyundai Motor Group starts building lunar exploration rover development model

Green Car Congress

Hyundai Motor Group (the Group) has started building an initial development model of a lunar exploration mobility rover in tandem with aerospace partners. Following discussions with the various stakeholders, the Group decided the direction for the initial lunar exploration mobility development model.

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Hyundai Motor Group and SK On to invest $5B in EV battery cell production joint venture in Georgia

Green Car Congress

Hyundai Motor Group plans to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. The Group affiliates Hyundai Motor Company, Kia Corporation and Hyundai Mobis each approved the plan at their respective board meetings.

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Hyundai Motor Group to launch NVIDIA DRIVE connected car infotainment and AI platform across all future Hyundai, Kia & Genesis models; ccOS

Green Car Congress

Hyundai Motor Group and NVIDIA announced the roll-out of the NVIDIA DRIVE connected car platform across all new models from Hyundai, Kia and Genesis from 2022 onwards. Hyundai, Kia and Genesis customers will therefore benefit from a feature-rich, software-defined AI user experience that is perpetually updateable.

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Hyundai Motor and Kia revamp R&D organization to make it more agile, flexible and independent like startups

Green Car Congress

Hyundai Motor Company and Kia Corporation are reorganizing their joint research and development (R&D) organization to be able to respond flexibly to the rapidly changing global automotive industry, advance the transition to electrification and accelerate the development of Software Defined Vehicles (SDVs).

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Electrek

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024.

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Kia goes full throttle on EVs despite demand concerns

Teslarati

Kia is prepared to fully invest in electric vehicles (EVs), despite growing concerns of slowing demand for EVs. During Kia’s CEO Investor Day event, the Asian carmaker announced plans to sell 3.2 Kia ultimately aims to boost its global EV sales to 4 million by 2027 and 4.3 million EVs in the global market in 2024.

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Hyundai Motor Group and LG Energy Solution to invest additional $2B in Georgia battery manufacturing JV

Green Car Congress

Hyundai Motor Group and LG Energy Solution (LGES) will invest an additional $2 billion in their battery cell manufacturing joint venture (JV) at the Metaplant in Bryan County, raising the JV’s total investment value to more than $4.3 This expansion will create another 400 new jobs. Earlier post.) Earlier post.)

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