Focus on Hyundai Motor Group
Hyundai Motor Group, including affiliates Honda Motor Company, Kia Corporation and Genesis Motor LLC
Biden administration will loan $6.6 billion to Rivian to build Georgia factory that automaker paused
The Biden administration announced a $6.6B loan to Rivian to build its fuel-efficient vehicles and work toward profitability.
Hyundai recalls over 145,000 electrified US vehicles on loss of drive power
Hyundai dealers will inspect, replace and update the software on impacted parts and its fuse for free.
Hyundai unveils big electric SUV in fast-growing market
Hyundai's IONIQ 9 will roll out in the United States and Korea early next year with a range of more than 300 mile.
Kia sees near-term market challenges but sticks to 1.6 million annual EV sales target by 2030
"We're not pushing volume to market. Especially this year, the market is changing very rapidly and there are so many uncertainties."
Czech Republic joining Italy to fight carmakers’ CO2 fines
Czech Republic will join Italy in seeking to prevent carmakers from facing penalties when tougher CO2 emission rules take effect in the EU.
Ethiopia bans imports of gas-powered private vehicles, but the switch to electric is a bumpy ride
More than 100,000 electric cars are now being imported into Ethiopia each month.
Indonesia bets on SE Asia’s first battery plant to become EV hub
Indonesia hosts the world's largest nickel reserves — now, the country is looking to capitalize on them and kick start its battery industry.
Hyundai Motor’s Q3 operating profit falls 7% from a year earlier
Hyundai warns of slowing demand, posts seven per cent drop in Q3 profit, but maintains 2024 earnings target; shares fall five per cent...
Hyundai’s Supernal partners with two firms for its battery-powered aircraft
Supernal plans to launch its five-seat, battery-powered electric vehicle take-off and landing (eVTOL) aircraft in 2028.
GM seeks to ease investor concerns as EV growth slows
GM aims to reassure investors that profits from ICE vehicles remain strong and EV sales are improving, despite slower demand.
