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Hyundai, SK On to build $4.9 bn EV battery plant in US  Hyundai Motor Group said on Tuesday it will build a 6.5 trillion-won ($4.9 billion) electric vehicle (EV) battery plant in the United States with SK Group's battery unit SK On. Hyundai Motor Group's three major affiliates -- Hyundai Motor, Kia and Hyundai Mobis -- approved the investment plan at their separate board meetings held Tuesday. SK On plans to hold a board meeting to approve the plan on Thursday. Under a 50:50 joint venture, Hyundai Motor Group and SK On plan to ...
Hyundai, SK On to build $4.9 bn EV battery plant in US
Hyundai, SK On to build $4.9 bn EV battery plant in US
Source: IANS
25/04/2023 3:10:15 PM
Hyundai to invest $18.2 bn in EV production by 2030 Hyundai Motor Group said on Tuesday it will invest 24 trillion won ($18.2 billion) in its domestic electric vehicle (EV) production facilities and other EV projects by 2030. Hyundai Motor, its smaller affiliate Kia and auto parts maker Hyundai Mobis will collectively make the investment to become the world's No. 3 EV maker in terms of sales by 2030, the group said in a statement. The move is in line with global carmakers' plans to fill their lineups with zero-emission vehicles t...
Hyundai to invest $18.2 bn in EV production by 2030
Hyundai to invest $18.2 bn in EV production by 2030
Source: IANS
11/04/2023 5:12:02 PM
Top players showcase next gen EV models at Hyderabad E-Motor Show Top automotive players are showcasing their next gen electric vehicle models at the inaugural Hyderabad E-Motor Show, which began here on Wednesday. Leading automobile/component brands including Apollo, Mahindra, Amara Raja, Citroen, TVS, ETO Motors, Ola, MG Motor, Switch Mobility, Piaggio, BYD, Hyundai, and ZF among others are participating in the three day show at Hitex Exhibition Centre. Telangana Industries and Commerce Minister K.T. Rama Rao inaugurated the E-Motor Show organised a...
Top players showcase next gen EV models at Hyderabad E-Motor Show
Top players showcase next gen EV models at Hyderabad E-Motor Show
Source: IANS
9/02/2023 10:51:41 AM
Hyundai Mobis, Swiss firm to promote in-vehicle infotainment system  Hyundai Mobis, South Korea's leading auto parts maker, said on Monday it will promote an advanced in-vehicle infotainment (IVI) system jointly developed with a Swiss company for next-generation vehicles. Hyundai Mobis and Luxoft are "at the final stage" of developing the IVI platform for future vehicles and will introduce it at the International Suppliers Fair to be held in Germany on October 11, Hyundai Mobis said in a statement. The two companies' IVI platform,...
Hyundai Mobis, Swiss firm to promote in-vehicle infotainment system
Hyundai Mobis, Swiss firm to promote in-vehicle infotainment system
Source: IANS
10/10/2022 2:49:37 PM