Tag: Hyundai Motor
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Hyundai Motor will invest one trillion won in Beijing Hyundai
Hyundai Motor decided to inject 1 trillion won into Beijing Hyundai, a Chinese joint venture that is losing billions of dollars a year. According to the latest report, Hyundai Motor said recently that Beijing Hyundai, a joint venture between the company and China’s BAIC Group, will lose 6.28 billion yuan (about 1.2 trillion won) and…
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Hyundai will produce IONIQ 5 electric car at Indonesian plant
According to the latest report, Hyundai Motor announced on its official website that their plant in Indonesia will produce the IONIQ 5 electric vehicle. As the only plant of Hyundai Motor in Southeast Asia, the cars produced by Hyundai Motor Indonesia Plant are mainly sold in the Indonesian market or exported to other neighboring Southeast…
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Hyundai expands plant suspension on chip shortage
According to the latest, Hyundai Motor will temporarily suspend another domestic plant next week due to an electronic parts shortage. Hyundai will halt the operation of the Asan plant, 100 kilometers south of Seoul, which produces the Grandeur and Sonata sedans, from Monday to Tuesday, a company spokesman said over the phone. Join our channel…
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Hyundai Motor denies partnership with Google
South Korea’s top automaker Hyundai Motor on Friday denied a rumor that it is about to establish a joint venture with US tech giant Google to develop a self-driving service. “The corresponding (rumor) is unfounded,” said an official of the company, denying the reports by a local news outlet. “Join our channel on Telegram” “Hyundai…
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Hyundai and Kia Motors may face chip shortages in April 2021
Hyundai Motor and Kia Motors may face chip shortages in April this year. Since the second half of 2020, the problem of chip shortage has become the main theme of the semiconductor industry. On March 26, the problem is getting worse, and industries including automobiles, mobile phones, game consoles, and PCs have been affected one…
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Hyundai Motor intends to establish an air mobility subsidiary in US in 2021
Hyundai Motor Group will set foot in the field of air travel, as early as the first half of this year to establish an Urban Air Mobility subsidiary in Washington, USA. Hyundai Motors has completed related investments, and its subsidiaries Kia and Hyundai Mobis also plan to participate in the investment. It is supposed to…
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Apple has found a good companion, to produce its first car in United States
Smart cars are definitely a heavy enough product. With their strength in software and hardware, it will certainly not be bad if they enter the market. According to the report, Hyundai Motor Group is arranging cooperation between its Kia brand and Apple in the production of electric vehicles, but this report did not cite any…
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Apple is negotiating with Hyundai Motor Group on production of Apple cars
According to the report, Apple is negotiating with Hyundai Motor Group about Apple Car production in consideration of the large cost of automotive technology and production facilities to jointly produce electric cars and develop car batteries. Within the Hyundai Motor Group, the review has been finished. Today, Hyundai Motor confirmed to CNBC (American Consumer News…
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Hyundai Motors may close the selling of Kona electric cars in South Korea
Hyundai Motor Company is considering stopping sales of its best-selling electric car model Kona in South Korea, after a series of fires and an electronic brake system defeat triggered a large-scale recall of the model. As the report of the local media, Hyundai Motor is considering stopping sales of this car in South Korea but…