SEOUL : Hyundai Motor Group announced the launch of the Euljiro Center One E-Pit, a high-speed electric vehicle (EV) charging station, at Euljiro, central Seoul on Monday. The 24-hour charging station, open throughout the whole year, was built by Hyundai Motor Co. and Mirae Asset Global Investments, and is the first of its kind to […]
Hyundai Aims to Sell One Million EVs Per Year by 2025
The move will result in a 50% reduction in models powered by fossil fuels, one of the people said, adding the strategy was approved by top management in March. PARIS/SEOUL: Hyundai Motor Group will slash the number of combustion engine models in its line-up to free up resources to invest in electric vehicles (EVs), two […]
Hyundai to Invest $7.4 bln in U.S. by 2025, With Electric Cars in focus
Biden has called for $174 billion in new spending to boost electric vehicles and charging. South Korea’s Hyundai Motor Group said on Thursday it planned to invest $7.4 billion in the United States by 2025 to produce electric vehicles, upgrade production facilities and further its investment in smart mobility solutions. The announcement came before U.S. […]
Electric Vehicles May not Form 1% of Cars by 2024: Hyundai
NEW DELHI: Hyundai Motors India president S S Kim has said that adoption of electrics in the Indian car market wil will be slow and may not cross 1% of overall sales in next three years. This is despite the special benefits and tax breaks that the green technology is receiving from the goverment. High […]
Hyundai Planning N Line Versions Of Its Electric Vehicles
The IONIQ 5 could be the first model to get the N treatment Hyundai has confirmed its electric vehicles could also get the N Line performance treatment soon. The brand recently unveiled the IONIQ 5 EV, which is offered with two battery pack options in RWD and AWD configurations. Its N Line version will offer […]
Hyundai plays catch up in EV market with car that can cook dinner
Hyundai Motor Co. is pitching its new Ioniq 5 as being able to do more than the average EV. In a series of promotional videos on YouTube, a camper is shown running on a treadmill hooked up to the car’s battery, listening to their favorite tunes on a bank of speakers, and even rustling up […]
Hyundai strengthening EV presence with innovative products, says GlobalData
Following the news that South Korean auto giant Hyundai is promoting its new electric car Ioniq 5, which has bidirectional charging technology and can power home appliances; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “Hyundai has marked itself as a leader in EV technology […]
Race for electric vehicles: India plans to ramp up incentives
The Indian government is planning to ramp up incentives to spur electric car manufacturing investments in the country, reports say The year is 2023. A Singapore resident decides to buy a car. Not just any car but the latest electric vehicle (EV) produced by the new gleaming high-tech Hyundai factory in Jurong, an industrial town […]
Hyundai reveals ultra-fast EV charging service ‘E-pit’ inspired by F1 pit stop
SEOUL – South Korea’s Hyundai auto group will roll out “E-pit,” an electric vehicle charging service platform that will become part of the carmaker’s future ecosystem of clean energy vehicles. Hyundai’s electric cars based on a new modular platform will be able to charge 80 percent of their battery in just 18 minutes. Normal chargers […]
Hyundai to build China factory as part of hydrogen vehicles push
Carmaker’s plan highlights how South Korean groups are expanding in country despite pressure from US Hyundai Motor is to build its first overseas hydrogen fuel cell factory in China as the South Korean carmaker strengthens its foothold in a fast-growing market for vehicles powered by the energy source. The plan, announced on Friday, comes as […]
