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The Latest Breaking News from Hyundai Motor

Climate law a wrench in Hyundai’s plans for $5.5 billion EV plant

Hyundai Motor Group’s plans to break ground on a new electric vehicle factory near the Georgia coast have been complicated by a sprawling climate law signed last month by President Joe Biden, which was intended, in part, to spur more domestic production of EVs.

Tribune News Service

Hyundai Motor Says it Will Build its First South Korean EV Factory

Hyundai Motor Co said on Tuesday it would build a dedicated electric vehicle (EV) factory in South Korea that will become its first automobile plant to open in the country in almost three decades. Production is due to begin by 2025, the company's union said in a statement, relaying a…

Asharq Al-Awsat

Hyundai, Affiliates Plan To Set Up New Company In US: Reuters

Hyundai Motor Co (OTC:HYMTF) is planning to launch a company along with its two affiliates in the U.S., Reuters reported. Through the move, the company plans to strengthen its presence in the U.S. by exploring business opportunities. In May, Hyundai said it would invest more than $10 billion in the U.S. by…

Benzinga

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Hyundai electric vehicle factory to be built in Georgia

ELLABELL, Ga. — South Korean automotive giant Hyundai Motor Group on Friday confirmed plans to build a multi-billion-dollar electric vehicle assembly and battery plant in Bryan County near the Georgia coast.

Tribune News Service

Hyundai Motors Into NFTs

The Korean automaker is collaborating with Meta Kongz on non-fungible token projects.

Zenger

Morning Brief: Top Financial Stories Dominating on Monday, May 9

CNBC Ford Motor Selling 8M Shares Of Rivian Automotive

Benzinga

Hyundai Leads Hybrid Cars Market in First Quarter of 2022

Hyundai Motor has maintained its position as the world's leader of hydrogen fuel cell vehicle market in the first quarter of 2022. South Korea's top automaker sold a total of 1,710 hydrogen cars so far in 2022, down 5.4 percent from the same period last year.

Asharq Al-Awsat

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Hyundai Announces Accelerated Electrification Strategy

Hyundai Motor Company announced a new strategic roadmap to accelerate its electrification ambition by 2030, which far exceeds the previous plan for 2021-2025.

InsideEVs

Bajrang Dal stages protest at KFC, Dominos, Pizza Hut joints, Hyundai, Kia Motors showrooms in Ahmedabad

AHMEDABAD: Bajrang Dal members staged a protest at food joints of KFC, Dominos, Pizza Hut and showrooms of Hyundai Motor Company and Kia Motors in Ahmedabad on Saturday against their alleged social media post supporting 'Kashmir Solidarity Day'.

The Times of India

India summons South Korea envoy over Hyundai's Kashmir tweet in diplomatic escalation

India said on Tuesday it had summoned South Korea's ambassador to express displeasure over a social media post by a Pakistani partner of Hyundai Motor over disputed Kashmir that has caused a furore in the country.

Reuters

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