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…
Hyundai Motor Expects Reflective Benefits As India Rejects Chinese EV Investment
India has blocked Chinese automakers from investing in India. This is expected to give Hyundai Motor Group of Korea reflective benefits as the Korean automaker is expanding its investments in India. According to foreign media outlets including the Economic Times…
Hyundai’s Plans For EVs, Restructuring In China
Hyundai Motor, the No. 3 global automaker by sales with its affiliate Kia Corp , outlined plans on Tuesday for a deepened push into battery development, steps to cut the cost of new electric vehicles and a restructuring of its China operations. Here…
Tata’s EV Dominance In India Faces Challengers Even Without Tesla
Hyundai Motor and MG are among the electric vehicle makers challenging Tata Motors’ dominance in India, a market where Tesla has yet to arrive and Chinese automakers face hurdles to investment. Hyundai Motor India plans to invest 200 billion rupees…
Hyundai Partners With Shell To Expand EV Charging Infrastructure In India
Hyundai Motor India Limited (HMIL) has signed a memorandum of agreement with Shell India to expand its charging infrastructure in India. The alliance aims to install DC fast chargers across 36 EV dealerships in the country, signaling a significant step towards…
Hyundai Motor India Partners with Shell India to expand EV-charging Infrastructure in India
The collaboration with Shell India is a part of Hyundai’s EV charging infrastructure expansion plan for providing customer-centric solutions towards a cleaner and greener future through the adoption of environment-friendly Battery Electric Vehicles (BEV). Shell India will also consider installing DC…
