Tag:
Hyundai
Electric Vehicle
Hyundai to halt factory in Asan, South Korea, to construct EV plant
Hyundai Motor plans to halt its factory in Asan, South Korea, to construct an electric vehicle plant in the period between Dec 31. 2023 to...
Electric Vehicle
Hyundai raises EV investment to $28 bn, to reduce China operations
Hyundai Motor is set to significantly increase its annual investment in electrification, allocating $28 billion over the next ten years.
The move is part of...
Electric Vehicle
Hyundai Mobis starts construction of EV battery plant in Indonesia
Hyundai Mobis began construction of an EV dedicated battery system plant in Indonesia, aiming to complete by the first half of next year.
Hyundai Mobis intends...
Electric Vehicle
Hyundai and LG Energy to build $4.3 bn EV battery plant in US
Hyundai Motor and LG Energy Solution announced their plans to construct a $4.3 billion electric vehicle (EV) battery plant in the United States, seizing...
Electric Vehicle
Hyundai and SK On finalize plans for $5 bn EV battery plant in US
Hyundai Motor said it finalized a $5 billion electric vehicle (EV) battery joint venture with SK On in the U.S., boosting electrification efforts in...
Electric Vehicle
Hyundai to invest $18.2 bn for electric vehicle (EV) business
Hyundai Motor announced plans to invest 24 trillion won ($18.2 billion) by 2030 to bolster domestic electric vehicle (EV) production and other EV projects.
The...
Electric Vehicle
Hyundai and SK On plan $4-5 bn EV battery plant in Georgia
Hyundai Motor and SK On will build a new battery manufacturing plant in the state of Georgia to supply the Korean automaker’s U.S. assembly...
Electric Vehicle
Hyundai sells 1 mn green cars since entry into EV business
Hyundai Motor Group’s cumulative sales of eco-friendly vehicles surpassed the 1 million mark in July, 13 years after its entry into the green-car market.
The...