Hyundai Motor Company

Hyundai Partners with UL for Safe Deployment of Second Life BESS

The South Korean multinational automotive manufacturer, Hyundai Motor Company has partnered with the global safety science leader, UL for the safe deployment and use of second-life battery energy storage systems (SLBESS). A Memorandum of Understanding (MoU), signed during a ceremony at UL’s offices in Seoul, South Korea on July 23, formalized the relationship between the […]

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Hyundai Upgrades its Hydrogen Fuel Cell Truck For Global Expansion

Continuing its quest to be a smart mobility solution provider, Hyundai Motor Company today announced the up-gradation in design and performance of its hydrogen-powered XCIENT fuel cell heavy-duty truck. The company released the image of the newly advanced truck and says, with these updates, Hyundai’s zero-emission heavy-duty vehicle will become even more attractive to corporate […]

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Hyundai Motor Group to Invest $7.4 billion in U.S. EV industry by 2025

In a press release yesterday, Hyundai Motor Group (HMG), comprising Hyundai Motor Company and Kia Corporation, announced its plan to invest $7.4 billion in the U.S. by 2025 to produce future EVs, enhance production facilities and further its investments in smart mobility solutions. The group’s investment will enhance overall product competitiveness by prioritising future mobility technologies, […]

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Hyundai Signs MoU for EV Battery Leasing Business, Strengthening EV Ecosystem

South Korean automaker Hyundai Motor Company announced that it has signed a memorandum of understanding (MOU) with the South Korean government as well as logistics, battery, and mobility companies to demonstrate the electric vehicle (EV) battery leasing business. The MoU constitutes an agreement through which, Hyundai aims to foster an EV ecosystem by alleviating the […]

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Hyundai Motor Company Reveals Glimpse of First Image of IONIQ 5

South Korea based automobiles provider Hyundai Motor Company has revealed the first images and videos of the highly anticipated IONIQ 5 midsize CUV, the first model in its IONIQ dedicated battery electric vehicle (BEV) lineup brand. IONIQ 5 will be the first EV coupled with Hyundai’s Electric-Global Modular Platform made exclusively for next-generation electric cars […]

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