I was checking press releases from automakers today, wondering if there were any lingering EV announcements related to the IAA motor show in Munich. And what do I find but a hydrogen-hype press release that looks decades out of date. Naturally, it’s tied to an event in Japan, where the … [continued]
Hyundai CRADLE, Hyundai Motor Group’s global open innovation hub, is partnering with UNCAGED Innovations to develop sustainable, animal-free leather alternatives for vehicle interiors The grain-based biomaterial cuts greenhouse gases by 95 percent, water usage by 89 percent and energy consumption by 71 percent compared to traditional leather SEOUL/NEW YORK — … [continued]
The steady pace of technical innovation is putting massive pressure on fossil fuel companies, which simply can’t compete much longer.
Global automotive leader drives innovation with award-winning EV and hybrid vehicles while expanding electrified portfolio and advanced manufacturing technologies Hyundai Motor Group (the Group) has been recognized by TIME magazine as an “Automotive Darkhorse” in “The 100 Most Influential Companies of 2025,” marking the Group’s first appearance on the prestigious … [continued]
ZER01NE Fund III, valued at KRW 125 billion, aims to accelerate innovation in future technologies through early-stage startup investments The fund targets startups globally that align with strategic areas like AI, robotics, cybersecurity, hydrogen and energy technologies Building on the successes of previous funds, ZER01NE Fund III is supported by … [continued]
Hyundai Motor Group to partner with Incheon International Airport Corporation to commercialize AI-based EV automatic charging robot (ACR) services Safety certified ACR to enhance convenience and safety at the airport, contributing to smart airport solutions and expanding the Group’s robotics business domain Incheon International Airport to serve as a demonstration site for … [continued]
Hyundai continues its semi-leadership in the EV sector this week. It’s not really engaged in groundbreaking developments with electric vehicles (yet), but it’s also far from a laggard in EV world. News this week comes out of India and Japan for a change, showing how willing and eager the company … [continued]
Kia celebrates the completion of Hyundai Motor Group’s first dedicated EV manufacturing facility Kia Gwangmyeong EVO Plant, located at Kia Autoland Gwangmyeong, to mass-produce Kia EV3 and EV4 models The new facility to have production capacity of 150,000 units per year Previous internal combustion engine (ICE) vehicle plant transformed to … [continued]
Hyundai has built a new factory in Ulsan, South Korea, that will be 100% dedicated to 100% electric vehicles. Interestingly, Hyundai took the opportunity with this auto factory to highlight Hyundai’s deep automotive history. The factory will be able to produce around 200,000 electric cars a year, with mass production … [continued]
September saw plugin EVs take 21% share in Germany, predictably down from 32.3% year on year, as a hangover from new incentive cuts. This is the flip-side of August’s large pull-forward, and fully expected. Overall auto volume was 224,502 units, unchanged YoY, and roughly in line with pre-2020 seasonal averages. … [continued]
