IONIQ range, E-GMP platform and the Metaplant ramp — Hyundai’s EV push, tracked.
In a significant shift in the electric vehicle (EV) landscape, Hyundai Motor Group has emerged as a formidable challenger to Tesla’s market supremacy. According to recent data reported by EconoTimes, Hyundai and Kia have collectively captured 10% of the U.S. EV market in the first seven months of 2024, solidifying their position as major players…
Hyundai Motor Group is gearing up for a renewed assault on the lucrative US pickup truck market, according to a report from The Korea Economic Daily. The Korean automaker aims to challenge established players with extended-range electric vehicles (EREVs) as early as 2028. Analyzing the Competition In late July, Hyundai’s Namyang Research Center began a…
First Car to Roll Out of Georgia Factory This Fall Hyundai’s Ioniq 5 will be the first electric vehicle produced at the company’s new factory in Georgia, starting in October. CEO Jose Muñoz expects the US-made version to be eligible for the full $7,500 federal EV tax credit, which the South Korea-made model currently doesn’t…
Feds Hold Hyundai Accountable for Child Labor The U.S. Labor Department has filed a lawsuit against Hyundai for using child labor in its Alabama supply chain, reports The NY Times. This includes allegations that a 13-year-old girl worked up to 60 hours a week making car parts. The suit, filed in Montgomery, Ala., claims Hyundai…
A Pioneering Move in Auto Retail Hyundai, in a groundbreaking move for the automotive industry, is set to start selling its full range of vehicles on Amazon starting in 2024. This initiative marks a significant shift in vehicle retail, blending the convenience of online shopping with traditional automobile sales. Hyundai and Amazon: A Strategic Collaboration…
Hyundai and Kia Embrace Tesla’s North American Charging Standard The electrified road ahead just got a little more unified. Two South Korean automotive giants, Hyundai and Kia, alongside luxury brand Genesis, have unveiled plans to incorporate Tesla’s charging ports into their electric vehicles (EVs) sold in the U.S. This transformation, set to commence in the…
Tesla’s North American Charging Standard (NACS) might just gain another partner in the auto industry. Hyundai’s CEO, Jaehoon Chang, recently stated that the South Korean automaker is seriously contemplating the adoption of the NACS for its vehicles. This revelation comes amid Tesla’s dominant presence in the U.S. fast-charging market, with its Superchargers making up an…
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