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Thursday 5 January 2023
GM defeats Toyota to regain US sales crown
General Motors retook the title of the top US car seller. According to sales numbers released on January 4, the automaker reported US sales of over 2.27 million cars in 2022, holding...
Wednesday 14 December 2022
EV tax-credit rules pit Joe Manchin against Hyundai
Senator Joe Manchin is pressing Treasury Secretary Janet Yellen to stand firm on North American-based manufacturing requirements for lucrative electric-vehicle tax credits under the...
Tuesday 13 December 2022
Hyundai supplies fuel cell trucks to Israel and US
Hyundai Motor Group (HMG) said it is starting operations of its heavy-duty, hydrogen-powered fuel cell trucks XCIENT in Israel and the US next year.
Friday 9 December 2022
'No concrete solution was proposed' regarding IRA discriminations
Biden's IRA law, which provides subsidies for US-made EVs only, has caused tensions between the US and South Korea. Following rounds of meetings with US Trade Representative, Ahn...
Wednesday 30 November 2022
SK On, Hyundai building EV supply chain in Georgia, US
SK On, one of the largest EV battery manufacturers from South Korea, signed a memorandum of understanding (MOU) on November 28 with Hyundai Motor Group. The two companies will be...
Monday 21 November 2022
Hyundai building metaplant in US while Seoul consults USTR on IRA details
Hyundai Motor Group announced at the end of October that it broke ground on Metaplant America to produce EV and EV batteries in the US, following the passage of the US' new law Inflation...
Monday 7 November 2022
South Korea and Japan ask US to loosen EV tax credits requirements
South Korean and Japanese governments have officially offered their comments on the revised EV tax credits rules of the US. South Korea urged America to postpone the law until 2025,...
Friday 21 October 2022
Hyundai Mobis to make chassis modules for Mercedes Benz EVs
According to the South-Korea based Hyundai Mobis, it has begun to supply chassis modules for automaker Mercedes-Benz AG's four electric SUVs, becoming the first non-European supplier...
Thursday 13 October 2022
Hyundai investing US$13 billion by 2030 to strengthen software defined-vehicle capabilities
Hyundai Group has announced deployment of OTA updates on all its new vehicles to be launched starting 2023, both electric vehicles (EV) and ICE vehicles, to fully integrate digitalization...
Tuesday 11 October 2022
Hyundai Motor charging ahead with multiple bold investments
Successfully averting the crisis of automotive chip shortages, Hyundai Motor Group leapt to the world's 3rd-largest automaker by sales volume in the first half of 2022, up from 5th...
Friday 7 October 2022
Hyundai to kick off sales of new BEV Ioniq 6
Hyundai Motor Group announced that it will start selling Ioniq 6 in select markets in Europe later this year and in the US next year.
Tuesday 4 October 2022
US senator proposes grace period in EV tax credit
The updated US EV incentives program has worried foreign automakers like Hyundai Motor because it requires their vehicles to be assembled in North America in order to be eligible...
Thursday 1 September 2022
With smart vehicles, South Korea aims to be pioneer in smart city development
South Korea has been dedicated to developing electric vehicles (EVs) and self-driving vehicles, all for the goal of making the smart city vision more complete, according to Calvin...
Tuesday 23 August 2022
Hyundai accelerates EV deployment in US, Indonesia
Hyundai group companies and LGES have obtained US$710 million of foreign investment to invest in a joint EV battery cell factory in Indonesia, according to Korean-language media outlet...
Wednesday 17 August 2022
Hyundai Mobis to spin off module and parts production
Hyundai Mobis is reportedly spinning off parts and module production units into two subsidiaries in addition to its current subsidiaries – HL Greenpower, Hyundai IHL, and GI...
Vortex
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research