Hyundai Motor Company
Hyundai Motor eyes acquisition of Korean lidar-free self-driving startup 42dot
Hyundai Motor is considering increasing its stake in, or fully acquiring, the South Korea-based lidar-free autonomous mobility platform 42dot, the latest signal of its growing interest in the fast-growing space.…
Rolls-Royce and Hyundai partner on air taxi hydrogen fuel system
Rolls-Royce and Hyundai are partnering to develop a fuel-cell electric propulsion system for advanced air mobility. The collaboration, announced Tuesday at the Farnborough Airshow in the U.K., will combine Rolls-Royce’s…
Hyundai said Thursday it will begin building electric vehicles under its high-performance N brand created to compete with luxury sports cars from Mercedes-Benz and BMW. The automaker said the Ioniq…
Hyundai reveals the IONIQ 6 EV sedan, the eagerly anticipated follow-up to its IONIQ 5
Hyundai previewed the IONIQ 6 sedan Wednesday, the heavily-anticipated follow-up to the brand’s popular first battery-electric model, the IONIQ 5 SUV. The automaker won’t announce details such as the IONIQ…
To succeed in the mass market, EV makers must focus on cost, not speed
As the global EV industry ramps up and crosses into the mass market, automakers must switch their focus from speed to cost, according to the AlixPartners 2022 Global Automotive Outlook…
Hyundai plans to spend $10B on EVs, AVs and robotics in the US by 2025
Hyundai said it plans to invest more than $10 billion toward accelerating electrification and autonomous vehicle technology in the U.S. by 2025. Part of that pot includes the $5.5 billion…
Hyundai is the latest automaker to announce plans to open an EV factory in Georgia, the same state where Rivian is preparing to break ground on its controversial plant. Hyundai’s…
Tekion, the automotive retail platform headed by a former Tesla CIO, just tripled in value
A year ago, we told you about the opportunity that former Tesla CIO Jay Vijayan was chasing. His plan? To pull car dealers into the 21st century with a snazzy…
LG Energy Solution inks deal with Australian mining company for nickel and cobalt
South Korea’s LG Energy Solution has entered into a six-year agreement with an Australian mining company for cobalt and nickel, securing a stable supply of key minerals to make electric…
Hyundai IONIQ 5 will be Motional and Lyft’s first robotaxi
Motional will integrate its driverless technology into Hyundai’s new all-electric SUV to create the company’s first robotaxi. At the start of 2023, customers in certain markets will be able to…
Shares of Hyundai Motor Co. climb more than 20% on potential EV deal with Apple
Hyundai Motor Company is downplaying reports that it is in talks with Apple to produce an autonomous electric vehicle, stating that discussions are still in the “early stage” and still…
Envisics nabs $50M for its in-car holographic display tech at a $250M+ valuation
The jury is still out on what might become the most viable business models for augmented reality technology, but in the meantime a startup out of the U.K. is betting…
Hyundai taps EV startup Canoo to develop electric vehicles
Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion…
Hyundai to build air taxis for Uber’s future aerial ride share network
Hyundai Motor is partnering with Uber to develop and potentially mass produce air taxis for a future aerial ride share network. The partnership is the latest addition to Uber Elevate’s…
Indian tech startups have never had it so good. Local tech startups in the nation raised $14.5 billion in 2019, beating their previous best of $10.6 billion last year, according…
Hyundai and Seoul set to test self-driving cars on city roads starting next month
Hyundai has signed a memorandum of understanding (MOU) with the city of Seoul to begin testing six autonomous vehicles on roads in the Gangnam district beginning next month, BusinessKorea reports.…
Vulog will power Hyundai’s new LA car-sharing service
The technology behind Hyundai’s new car-sharing service in Los Angeles is provided by a company that is largely unknown despite its ubiquity. Vulog announced Tuesday during Automobility LA that Hyundai…
Hyundai is launching BotRide, a robotaxi service in California with Pony.ai and Via
A fleet of electric, autonomous Hyundai Kona crossovers — equipped with a self-driving system from Chinese autonomous startup Pony.ai and Via’s ride-hailing platform, will start shuttling customers on public roads…
Aptiv and Hyundai form new joint venture focused on autonomous driving
Automaker Hyundai is forming a new joint venture with autonomous driving technology company Aptiv, with both parties taking a 50% ownership stake in the new company. The goal of the…
Hyundai’s fuel cell SUV just scored a top safety rating from IIHS
The Hyundai Nexo, a hydrogen fuel cell SUV first unveiled at CES 2018, has earned a top safety award from the Insurance Institute for Highway Safety. The award, announced Thursday,…
With global ambitions, VC firm Maniv Mobility raises $100 million from automakers, suppliers
What started as an accident has turned into a venture firm with a global reach and backing from some of the biggest corporations in the automotive and transportation industries. Maniv…
Hyundai takes minority stake in self-driving car startup Aurora
Hyundai Motor Group has invested in Aurora, the latest sign that the scope of the year-old partnership between the automaker and self-driving car startup has expanded. Aurora and Hyundai didn’t…
EV startup Rimac scores $90M investment from Hyundai and Kia
Rimac Automobili, the European EV startup that landed an investment from Porsche last year, has again gained the backing of traditional automakers after Hyundai Motor Company and Kia Motors jointly…
Grab pulls in $250M from Hyundai as ongoing round reaches $2.7B
Grab, the Singapore startup that bought Uber’s Southeast Asia business earlier this year, continues to announce strategic investors for its ongoing Series H funding round. The latest edition revealed today…
Mercedes-Benz turns to SoundHound for in-vehicle voice assistant
Drivers of new Mercedes-Benz A-Class vehicles will soon be able to talk to their cars. And the cars will respond. Ask the car to turn on the heads-up display or…
Hyundai leads $14.3M investment in Indian car rental startup Revv
Korean automaker Hyundai is jumping into India’s on-demand mobility space after it led a $14.3 million investment in car-rental startup Revv. Hyundai, which is the second largest seller of cars…
Next time you’re grabbing a new charging cord on Amazon, you might be tempted to grab a new Hyundai as well. Hyundai announced today a partnership with Amazon to create…
