SEOUL : South Korea’s Hyundai Motor Co said on Tuesday it had finalised a $5 billion electric vehicle (EV) battery joint venture in North America, as it reported first-quarter net profit had more than doubled, exceeding expectations. Hyundai and partner SK On, a battery unit of SK Innovation Co Ltd, will set up a new […]
Kia Motors plans to launch low-cost electric vehicles in India with Hyundai
Kia Motors Corporation President and CEO Han-Woo Park said Kia Motors already has some products for hybrid, plug-in-hybrid, electric vehicle and fuel cell vehicles which are being sold globally South Korean auto major Kia Motors Corporation is considering a low-cost electric vehicle (EV) for India in collaboration with group firm Hyundai Motors and wants personal […]
Hyundai To Deploy Electric Cars In Ola’s Fleet By 2021
In March, Ola was said it will deploy 1Mn electric vehicles by 2022 In the same month, Hyundai and its affiliate Kia invested $300Mn in Ola Hyundai is designing special purpose vehicles for ride-hailing fleets South Korean Automaker Hyundai Motors is reportedly planning to introduce its electric vehicles in the cab fleet of Indian ride-hailing […]
