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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 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 With the new announcement, the EV manufacturing facility and the battery JV represents an estimated $7.59

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Kia to establish its first electric PBV plant in Korea

Green Car Congress

Kia Corporation will establish a new manufacturing facility dedicated to producing electric Purpose Built Vehicles (PBVs). The intelligent new production hub for PBVs will be located within Kia’s existing Hwaseong manufacturing site in Korea. —Ho Sung Song, President and CEO of Kia Corporation.

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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. The system’s next-generation technology will enable regulators, stakeholders and investors to have confidence in the accuracy of the data.

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Kia targeting annual sales of 1.2M BEVs by 2030; 14 BEV models by 2027 including two electric pickup trucks

Green Car Congress

Kia Corporation described its roadmap to 2030 at the company’s 2022 CEO Investor Day virtual event. The roadmap builds on Kia’s successful Plan S strategy first announced in 2020. Kia also announced its four key business targets for 2030. The aim is to achieve 4 million units in 2030, a 27% increase from Kia’s target for 2022.

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Hyundai Motor Group announces investment plans to become top 3 EV manufacturer by 2030

Electric Cars Report

Hyundai Motor 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.

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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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