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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 Group introduces industry-first smartphone-based EV performance control technology; blockchain

Green Car Congress

Hyundai Motor Group has developed smartphone-EV pairing-based performance adjustment technology which allows users to customize primary functions through a smartphone application—an industry-first innovation. —research fellow JeongSoo Eo from Hyundai Motor Group.

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Hyundai Motor and Kia to introduce blockchain-based carbon emission monitoring system

Green Car Congress

Hyundai Motor Company and Kia Corporation introduced the AI-enabled, blockchain-based Supplier CO 2 Emission Monitoring System (SCEMS) to manage the carbon emissions of its cooperative business partners.

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Hyundai Motor and Kia to form Model-Based Development (MBD) consortium to boost transition to software-defined vehicles (SDVs)

Green Car Congress

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 Motor Group closes the gap with Tesla 

Teslarati

Hyundai Motor Group has shrunk the gap between itself and Tesla by 33% in the United States electric vehicle (EV) market. The South Korean company’s achievement is attributed to Hyundai and Kia brand sales in the United States. Hyundai Motor Group shrunk its gap with Tesla by 33% over the past five years. in H1 2023.

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Hyundai Motor Group, SK Innovation to collaborate on development of EV battery industry ecosystem

Green Car Congress

Hyundai Motor Group and SK Innovation Co. The two parties announced their plan to cooperate in diverse business areas related to the EV battery industry, including battery sales solutions, battery management service and battery reuse and recycling. —Youngcho Chi, President and Chief Innovation Officer of Hyundai Motor Group.

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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 In fiscal year 2023, job creation in the automotive industry increased by 324% when compared to FY21.

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