EESL, a joint venture of PSUs under the Ministry of Power, Government of India, has placed orders for 150 Nexon EVs and 100 Kona EVs. EESL will purchase each Nexon for ₹14.86 lakh and each Kona for ₹21.36 lakh. Energy Efficiency Services Limited (EESL) on Thursday announced it had placed orders for 150 Nexon electric vehicles (EVs) […]
Hyundai launches IONIQ as new EV brand, confirms 3 new electric cars
Hyundai announced the launch of IONIQ as its own new electric brand and confirmed three new electric cars to populate the lineup within the next four years. The Korean automaker already has the IONIQ, an electric sedan produced with three different powertrains: hybrid (HEV), plug-in hybrid (PHEV), and all-electric (BEV). The vehicle has found some […]
Hyundai Motor Offers Lifetime Warranty for EV Batteries
Hyundai Motor has launched a comprehensive care program “believe” for customers who purchase its electric vehicles (EVs). BeliEVe is a program that offers various benefits related to quality, charging, and economic value to customers who purchase Hyundai EVs. The automaker provides a lifetime warranty for batteries to buyers of the Ioniq Electric and a 10 […]
Hyundai To Heavily Localise Mass Market EVs For India – Report
With the upcoming hike in import duties, Hyundai plans to localise development of EV components and produce a massmarket EV for the country in 2-3 years In a bid to encourage manufacturers to increase the number of electric vehicles produced in the country, the government is set to hike the custom duties on completely built […]
Hyundai developing mass-market electric vehicles for Indian roads
HMIL MD and CEO SS Kim said the auto industry would not be impacted much even with vehicle prices going up due to adoption of new regulatory mechanisms. NEW DELHI : Hyundai Motor India Ltd (HMIL) expects new product launches to help the company sustain sales momentum next fiscal even as it sees short-term challenge […]
(LEAD) Hyundai, Kia invest $110 mln in UK-based EV startup
SEOUL: Hyundai Motor Co. and its affiliate Kia Motors Corp. said Thursday they have invested US$110 million in the U.K.-based electric vehicle startup Arrival as part of their future mobility strategy. Hyundai and Kia have made the investment to jointly develop electric commercial vehicles, such as vans and buses, for the European market and sell […]
Hyundai and Uber Release New Full-Scale Air Taxi Model at CES
Uber and Hyundai Motor Company have announced a new partnership to develop Uber Air Taxis for a future aerial ride share network and unveiled a new full-scale aircraft concept at the Consumer Electronics Show. Hyundai is the first automotive company to join the Uber Elevate initiative, bringing automotive-scale manufacturing capability and a track record of […]
Hyundai Motor Group targets 44 electrified models by 2025
In addition to electrification, the group is betting big on autonomous technology and shared mobility. As the automotive industry witnesses what could be seen as one of its most disruptive eras, the Hyundai Motor Group has revealed that it is targeting to have 44 electrified models in its global range by 2025. In his New […]
Hyundai to buy electric vehicle batteries from SK Innovation: Report
The sources said the deal was worth more than 10 trillion won ($8.6 billion). SEOUL: Hyundai Motor and affiliate Kia Motors have decided to secure electric vehicle batteries from SK Innovation for the next four to five years, Maeil Business Newspaper said on Friday, citing industry sources. The sources said the deal was worth more […]
Hyundai Introduces Vehicle-to-Vehicle Charging For Kona In India
Hyundai has announced two new services for Indian customers of its Kona electric SUV. The new services will likely prove crucial for a nascent EV market like India. In a recent press release Hyundai announced that it has launched India’s first-ever vehicle-to-vehicle charging service. Customers with cars low on charge can call upon this service […]