Tuesday, 13 May 2025

Focus on Hyundai Motor Group

Hyundai Motor Group, including affiliates Honda Motor Company, Kia Corporation and Genesis Motor LLC

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceIndustryManufacturingNewsTrade

GM seeks to ease shareholders’ nerves at investor day

GM aims to reassure investors that despite slowing EV demand, profit growth remains achievable, focusing on stability.

FILE PHOTO: The rear window of a Waymo Chrysler Pacifica robotaxi is seen while parked at a Target store in Tempe, Arizona, U.S., August 31, 2021. REUTERS/Paresh Dave/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNewsPoliticsRegulationsTrade

Waymo in talks with Hyundai Motor to produce self-driving taxis: report

Waymo is in talks with Hyundai to use its Ioniq 5 for self-driving tech, potentially shifting away from China's Zeekr amid U.S. tariffs.

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021.   REUTERS/Rebecca Cook/File photo
BusinessCritical MineralsElectric Vehicles (EVs)ManufacturingNewsPoliticsRegulationsTrade

GM in talks to buy Chinese EV batteries built in the US: report

General Motors may buy EV batteries using CATL tech, assembled in a US plant funded by Japan's TDK, per Bloomberg sources.

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

GM, Hyundai Motor to explore joint vehicle development projects

Shared vehicle development, supply chains and clean energy tech on the agenda in GM-Hyundai deal as both eye greater EV production.

An attendee takes photos of the Chinese electric vehicle BYD models on display, during an event to announce the plans to open a car production plant in Pakistan, in Lahore, Pakistan August 17, 2024. REUTERS/Stringer/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

EVs will account for up to half of auto sales by 2030, BYD Pakistan says

China's BYD hopes that Pakistan EV sales will shoot up as it enters a market dominated by Japanese brands.

Tesla sales are booming in Norway (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Norway’s electric car sales set new world record

Norwegian EV sales make up 94% of the market in August, setting records in a country that could sell only zero-emission cars 10...

FILE PHOTO: A Hyundai logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Hyundai targets 30% rise in sales by 2030, as it doubles hybrid lineups

As demand for EVs slows down, Hyundai's hybrid lineup will double to 14 models in shift to sales targets.

AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

US agency to reexamine permit for Hyundai’s $7.6 billion electric vehicle plant in Georgia

The Army Corps of Engineers will reassess Hyundai's Georgia EV plant permit after concerns about its impact on local water supplies.

Vehicles that were completely burned down due to a Mercedes Benz electric car fire that broke out on August 1st, are lying in the underground parking lot of an apartment complex in Incheon, South Korea, August 2, 2024. Yonhap/via REUTERS
AutomotiveElectric Vehicles (EVs)NewsTransport

Explainer: South Korean alarm over EV fires puts spotlight on safety concerns

As South Korea calls on car manufacturers to disclose battery supplies, EV fire safety statistics suggest the problem is not rampant.

A Mercedes electric car charging station at a parking lot in Seoul. Mercedes-Benz Korea has released the names of its electric vehicle battery suppliers, bowing to public outrage after one of its cars burst into flame in a parking lot earlier this month. (AFP)
Electric Vehicles (EVs)IndustryManufacturingNewsTransport

Mercedes-Benz Korea discloses EV battery makers after fire

The August 1 fire damaged hundreds of vehicles and created a national panic amid growing calls for transparency on battery supply chains.

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