Hyundai Motor India Launches First 180 kW DC Fast EV Charging Station in Chennai
Hyundai Motor India Limited (HMIL) has announced the inauguration of its first 180 kW DC fast public electric vehicle (EV) charging station in Chennai, Tamil Nadu. This station features both 150 kW and 30 kW connectors. Located at Spencer Plaza…
Auto Battery Makers Shine on EV Prospects
Shares of automobile battery makers such as Exide Industries and Amara Raja Energy and Mobility surged to their one-year highs on Tuesday, sparked by hopes that the push for localised electric vehicle (EV) manufacturing could drive demand for their products….
Hyundai Motor, Kia to Partner with India’s Exide Energy on EV Batteries
HYUNDAI Motor and Kia on Monday (Apr 8) signed a memorandum of understanding with India’s Exide Energy Solutions to supply batteries for their electric vehicles in a bid to boost competitiveness in the world’s No 3 auto market. The South…
Hyundai Motor Company Announces Dedicated EV Plant At Ulsan
Hyundai Motor Company has announced a new electric vehicle (EV) plant at its complex in Ulsan. A press release from the company stated that the EV-dedicated plant will lay the foundation for future growth in the era of electrification. The…
Hyundai to Develop Own Cheaper Batteries for EVs
Hyundai Motor Group is expected to develop its own price-competitive lithium iron phosphate, or LFP, batteries for electric vehicles late next year to reduce dependence on China-made batteries, industry sources said Monday. According to media reports, under the two-year joint…
Samsung SDI To Supply EV Batteries To Hyundai Motor Starting 2026
South Korea’s Samsung SDI (006400.KS) said on Monday it will supply Hyundai Motor (005380.KS) with electric vehicle (EV) batteries for seven years starting 2026, marking the first battery supply deal between the two companies. “The latest supply deal marks the…
Hyundai And Kia Slash Electric Vehicle Prices Amid Intensifying Ev Price War In Home Market
In an “EV Sale Fiesta,” Hyundai and Kia plan to cut prices on several electric vehicles amid an ongoing price war in Korea. The planned EV price cuts will run until the end of the year. “We plan to prepare various discount…
New Electric-car Brand From China Has Sights On Australia
As sales of Chinese cars continue to set new records in Australia – they are now the third largest source of new motor vehicles behind Japan and Thailand, and ahead of South Korea where Hyundai and Kia cars are made – another challenger has…
Hyundai partners Chinese EV firm for charging services in China
Hyundai Motor Group said on Monday it has partnered with Chinese electric vehicle (EV) charging service information provider NaaS Technology for future EV charging business opportunities. Hyundai signed an initial pact with Naas at the Chinese firm’s headquarters in Beijing on Monday to jointly develop customized EV…
Hyundai Bets Big On Domestic EV Market
Hyundai aims to gain market share in the country by strengthening its electric vehicle (EV) portfolio, with the company set to roll out five EV models by 2032 and increase charging infrastructure. It plans to increase its charging stations to…
