Hyundai Motor Group and General Motors announced separately Tuesday plans to build electric vehicle battery plants in the U.S. in partnership with South Korean battery manufacturing firms. Hyundai will set […]
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Back to news homeInside Hyundai’s plan to turn software into a profit machine
The car industry is in the midst of its biggest transformation since the first Model T rolled off the assembly line. And no, it’s not just about shifting to electric […]
BMW, Rivian, Hyundai, Volvo lose access to EV tax credit
The United States Treasury updated its list of electric vehicles eligible for a $7,500 EV tax credit per its new rules for battery sourcing, and BMW, Nissan, Rivian, Hyundai, Volvo […]
Hyundai Motor to invest $18B in South Korea’s EVs by 2030
Hyundai Motor Group will invest 24 trillion won (~$18 billion) in South Korea’s electric vehicle industry through 2030, the company said Tuesday. The news comes a week after Kia, which […]
Hyundai launches home charging ecosystem as part of EV push
Hyundai announced this week at the LA Auto Show a new way for its customers to charge at home as part of the company’s efforts to woo a new group […]
Hyundai and WeRide plan to fuel self-driving with hydrogen in China
While hydrogen is still relatively niched as a fuel for electric vehicles, a startup in China is jumping ahead to embrace it for autonomous driving scenarios. WeRide, one of the […]
Panasonic considers Oklahoma for next EV battery factory
Panasonic is eyeing Oklahoma as the home for its next lithium-ion battery plant, according to a report Friday by the Wall Street Journal. The proposed venture, which is expected to […]
Battery investment moves onshore to kick-start US EV production
Automakers and suppliers are breaking ground on battery factories across the United States as they race to go all in on EVs by the end of the decade. Car companies […]
Hyundai announces $400M AI, robotics institute powered by Boston Dynamics
When Hyundai acquired Boston Dynamics at the end of 2020, there were plenty of open questions. Chief among them was why we should assume this acquisition would be any different […]
3 indicators to watch for on Ford Q2 earnings day
While much of the automotive industry has suffered a downturn due to a lack of supply to meet pent-up demand, Ford has bucked the trend. At least, in terms of […]