News Jul 07, 2021 Hyundai Motor invests $100 mn in battery start-up SolidEnergy Systems Hyundai invested around $100 million in SES, a lithium metal battery start-up, according to Yonhap and its industry sources, reported Reuters. It is part of Hyundai’s investments in electrification.
News Jun 16, 2021 Hyundai temporarily halts production at US plant Hyundai Motor, South Korea's biggest carmaker based on sales, announced that has suspended production in its US plant for three weeks due to lack of semiconductors and routine maintenance.
News Jun 11, 2021 LG Energy Solutions develops innovative battery technology LG Energy Solution, South Korea's leading manufacturer of advanced lithium-ion batteries, is showcasing its world class battery technologies and solutions at InterBattery 2021.
News Jun 02, 2021 LG Electronics, Magna JV to be launched in July after receiving EU nod The European Commission approved a joint venture between South Korean electronics manufacturer LG Electronics and Canadian auto parts maker Magna International on May 25. Launch date is in July.
News May 25, 2021 Ford to form JV with SK Innovations to make EV battery cells Ford and SK Innovation have recently announced that they have signed an MoU for creating a joint venture for an annual production of 60 GWh in array modules and traction battery cells.
News May 19, 2021 SK Hynix in talks to acquire Korea-based chip contract manufacturer SK Hynix Inc, the world's second-largest memory chip maker, is reportedly holding talks for acquiring Key Foundry, South Korea’s only pure-play foundry.
News Apr 20, 2021 Hyundai suspends production at Sonata-making unit due to parts shortage Hyundai is planning to suspend production in its Asan plant for two days next week, owing to the lack of electronic parts. The company had already suspended operations on Monday and Tuesday last week.
News Aug 29, 2019 Hyundai to showcase new EV concept ‘45’ at Frankfurt Motor Show The new concept is inspired by the Hyundai’s first model in the 1970s
News Jan 21, 2019 Hyundai Motor Group introduces world’s first multi-collision airbag system The new airbag system will protect from secondary impacts and will be inserted in future Hundai and Kia vehicles.