Mar 13, 2023 - 12:06 pm
Hyundai may launch EV with LFP cells from CATL
Korean carmaker Hyundai will likely launch its first electric model with lithium iron phosphate (LFP) batteries this year. Additionally, Kia has announced that the second-generation Kia Ray EV minivan will use LFP batteries made by CATL.
Dec 16, 2022 - 04:03 pm
Webasto doubled e-mobility order intake over 2022
Webasto has more than doubled the volume of its 2022 order intake in the electromobility business field compared to the previous year. Customers ordered battery systems, electric heaters and charging solutions for around 2.8 billion euros from the Munich-based supplier.
Dec 9, 2022 - 02:58 pm
STMicroelectronics presents new SiC power modules
Semiconductor company STMicroelectronics has introduced new silicon carbide (SiC) power modules. With five new module variants, OEMs are to be offered flexible options. The Hyundai Motor Group is the first customer on board. The Koreans use SiC technology in the Kia EV6, among others.
Nov 30, 2022 - 04:17 pm
Hyundai to use SK On batteries in the USA
Hyundai Motor Group has signed a memorandum of understanding with SK On to secure the supply of SK batteries for Hyundai Group electric cars in North America from 2025. However, further details of the collaboration will be announced at a later date.
Oct 26, 2022 - 11:16 am
Hyundai launches construction of EV factory in the USA
Hyundai Motor Group has started construction of its new electric car plant in the US state of Georgia. The Bryan County plant is scheduled to begin production in the first half of 2025 with an annual capacity of 300,000 Hyundai, Kia and Genesis electric cars and batteries.
Oct 12, 2022 - 04:38 pm
Hyundai reveals roadmap for software defined vehicles
The Hyundai Motor Group, including its brands Hyundai, Genesis and Kia, has announced a new global strategy through which all of the group’s vehicles are to become software-defined vehicles (SDVs) by 2025 – and increasingly electric. The (drive) hardware is to be further standardised for this purpose.
Aug 15, 2022 - 11:48 am
Inflation Reduction Act passes the US House of Representatives
The Inflation Reduction Act, which also includes the reform of the EV tax credit, has now passed the House of Representatives after the Senate and is expected to be signed by President Joe Biden in the coming days. The new eligibility requirements will make most electric models ineligible for the tax credit.
Jun 25, 2022 - 04:38 pm
Germany’s Webasto opens battery assembly in South Korea
German supplier Webasto has commissioned a new plant to assemble batteries for passenger electric cars in Dangjin, Korea, south of Seoul. The Group already holds an order from Hyundai-Kia to supply battery systems for several fully electric volume models.
May 19, 2022 - 05:18 pm
Hyundai & Kia announce major e-mobility investments
Hyundai and Kia plan to invest 21 trillion won (just under $17 billion) in electric car production in South Korea by 2030. The goal is to increase annual production from an estimated 350,000 units this year to 1.44 million units in 2030.
Mar 21, 2022 - 12:49 pm
Patents for a time gone by (almost)
Some manufacturers find it difficult to say goodbye to the internal combustion engine. According to a new paper filed with the US Patent and Trademark Office, Korean carmakers Kia and Hyundai could make their electric cars vibrate artificially to simulate the feeling in a car with a roaring motor.
Nov 24, 2021 - 02:12 pm
Ionity gets €700m boost for EU charging
Ionity is receiving a 700-million-euro investment from its current shareholders and new partner Blackrocks Global Renewable Power Platform. The fresh captial will be used to massively expand the HPC network in Europe to around 1,000 locations by 2025.
Oct 29, 2021 - 02:22 pm
Hyundai & Kia launch collaboration with Factorial Energy
Factorial Energy, a US developer of solid-state battery cells, has announced a collaboration with Hyundai and Kia. The Korean carmaker will test Factorial’s solid-state batteries in its electric cars under a development agreement and make a strategic investment in Factorial.
Jul 29, 2021 - 11:26 am
Hyundai & LG ES to build battery plant in Indonesia
Hyundai Motor and LG Energy Solution have reached an agreement with the government of Indonesia to build a battery cell factory in Karawang near the capital Jakarta. The factory is scheduled to start production in the first half of 2024 with an annual capacity of 10 GWh.
Jul 12, 2021 - 12:31 pm
Hyundai-Kia & Next Hydrogen to develop electrolysis system
Hyundai and Kia want to develop an alkaline water electrolysis system and the associated stack together with the Canadian company Next Hydrogen in order to produce green hydrogen economically. The cooperation will also explore potential technological applications and future business opportunities.
Jun 3, 2021 - 11:45 am
Hyundai to use BorgWarner drive module in small EVs
The integrated drive module (iDM) from BorgWarner, including the electric motor, transmission and integrated power electronics, is to be used in small electric cars from the Hyundai Motor Group, production of which is scheduled to begin in mid-2023.
May 28, 2021 - 12:27 pm
Hyundai group to reduce combustion model variety
The Hyundai Motor Group with its brands Hyundai, Kia and Genesis wants to reduce the number of combustion models in its product range to free up resources for investments in electric cars, according to a media report. Around half of the models are apparently being questioned.
Apr 5, 2021 - 07:07 pm
Hyundai-Kia won’t use Canoo EV platform it appears
Canoo’s deal with Hyundai-Kia announced last year appears to have fallen flat. New Canoo chairman Tony Aquila broke the news last Monday during an “icy investor call,” as The Verge reports. The collapse is set against a backdrop of a strategy change at Canoo.
Feb 3, 2021 - 11:17 am
Is Apple getting into large-scale EV making with Kia?
Apple is reportedly planning to invest around three billion euros in electric vehicle production and to cooperate with the South Korean carmaker Kia. Rumours that Apple could cooperate with the Hyundai Group already existed in January.
Jan 21, 2021 - 05:58 pm
Is Ionity looking for external investment?
Because the expansion of the Ionity fast-charging network is progressing too slowly, the owners are discussing attracting private equity capital for Ionity. According to a media report, financial circles are talking about at least 500 million euros in fresh money.
Nov 5, 2020 - 03:02 pm
Hyundai-Kia officially joins Ionity high power charging
The Hyundai Motor Group’s entry into the Ionity fast-charging network is now official. The Korean company through its Hyundai and Kia brands holds a 20 per cent stake in the Europe-wide high power charging network founded by BMW, Ford, Daimler and Volkswagen.
Oct 12, 2020 - 05:44 pm
Four manufacturers already met EU CO2 targets by Q3
Based on their sales figures for the first half of 2020, the PSA Group, Volvo, FCA and the BMW Group already meet the EU targets for average CO2 emissions from new cars, as shown by an analysis by Transport & Environment.
Sep 30, 2020 - 03:50 pm
Hyundai & Kia set up European charging service with DCS
The European offices of Hyundai and Kia, together with Digital Charging Solutions (DCS) are launching a new charging service for electric car drivers under the labels Charge myHyundai and KiaCharge. The service will be rolled out across various markets in Europe.