Hyundai Motor Group

Hwaseong, South Korea

Hyundai Motor Group

Hwaseong, South Korea
SEARCH FILTERS
Time filter
Source Type

News Article | May 12, 2017
Site: news.yahoo.com

FILE - In this April 26, 2017, file photo, the logo of the Hyundai Motor Co. is displayed at the automaker's showroom in Seoul, South Korea. South Korea ordered Hyundai and Kia on Friday, May 12, 2017 to recall 240,000 vehicles for five types of defects initially raised by a whistleblower. The Transport Ministry said Friday it also asked prosecutors to investigate if South Korea's largest auto group intentionally covered up the defects that could compromise safety. (AP Photo/Lee Jin-man, File) SEOUL, South Korea (AP) — South Korea ordered Hyundai and Kia on Friday to recall 240,000 vehicles to repair five defects initially raised by a whistleblower, in the country's first compulsory recall for a domestic carmaker. The Transport Ministry said it also asked prosecutors to investigate if South Korea's largest auto group had intentionally covered up defects that could compromise safety. Twelve models including Avante, i30, Genesis and Sonata sedans, and Tucson, Santa Fe and Sportage sport utility vehicles are subject to the recall. Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. are part of the world's fifth-largest automaker, Hyundai Motor Group. The move is a blow to Hyundai and Kia, which are reeling from a separate recall last month of 1.4 million vehicles in the U.S., Canada and South Korea. Hyundai said it respects the decision "though there have been no reported injuries or accidents from the cited issues." Regarding the question of whether it had knowingly covered up the defects, it said, "We make decisions on recalls and any other necessary customer protection steps in compliance with regulators around the world as well as our internal procedures." The ministry launched an investigation into 32 alleged defects in Hyundai and Kia cars after a Hyundai manager on its quality control team flagged them last year. After the whistleblower went in public with the alleged flaws, Hyundai volunteered to fix three of the defects through separate recalls. But it has resisted voluntary recalls for some other issues, which led to the ministry's compulsory order after a hearing Friday, which is final. The government recommended that Hyundai provide free repairs for nine other defects that do not affect safety. It plans to continue investigating three other issues to determine whether they are serious enough to issue recalls, while monitoring 12 others.


News Article | November 12, 2016
Site: www.newsmaker.com.au

Vehicle engine which uses liquid petroleum gas (LPG) or compressed natural gas (CNG) as a secondary fuel are termed as CNG and LPG vehicle. Internal combustion engines running on LPG or CNG are well-proven technologies and work similar to conventional fuel-powered spark ignition engines. Both LPG and CNG are mostly used in spark-ignition engines for bi-fuelled vehicles (vehicles that can operate on more than one fuel type). CNG and LPG are also getting popularity in compression-ignition engines based vehicle such as diesel operated heavy-duty vehicles. On the basis of vehicle type, the global CNG and LPG market can be categorized in three broad segments namely passenger cars, light commercial vehicle market, and others. On the basis of fuel type the market is further segmented in LPG and CNG. The LPG and CNG vehicle is gaining penetration in developing countries attributed to low-cost of CNG and LPG over rising prices of petroleum products. In addition CNG and LPG operated vehicles are considered as a green alternative of petroleum operated vehicles. The bi-fuel options offered by LNG and LPG vehicles make them one of the preferred choices among end user, mainly in terms of saving in running costs. Moreover cost benefits of CNG and LPG coupled with significant carbon emission reduction is expected to increase the LPG and CNG market globally. Asia Pacific is the largest market for CNG and LPG vehicle followed by Europe and North America. Iran, India, and Pakistan are the major market of CNG and LPG vehicles in Asia pacific. Italy is the largest market of CNG and LPG operated vehicle in Europe. The current growth is highest in Asia Pacific and it is expected that price conscious consumers coupled with increasing crude oil prices in this region will keep the growth rate steady during the forecasted period. The strict emission standard by European Union (EU) is driving the market of CNG and LPG in Europe. Some of the leading global players operating in original equipment manufacturing (OEM) market of CNG and LPG include, Fiat S.P.A., Ford Motor Company, General Motors, Hyundai Motor Group, Suzuki Motor Corporation, Volkswagen and Honda Motor Co., Ltd. Some of the leading aftermarket players include, Landi Renzo, Impco, Venchurs, Westport, and Tomasetoo Achile.


« Altex & Unitel partner to demonstrate a new technology for making synthetic gasoline from biomass | Main | Hyundai Motor Group outlines roadmap for connected car development » Lawrence Livermore National Laboratory (LLNL) researchers have shown that 0.8-nm-diameter carbon nanotube porins, which promote the formation of one-dimensional water wires, can support proton transport rates exceeding those of bulk water by an order of magnitude. The transport rates in these nanotube pores also exceed those of biological channels and Nafion—one of the most common and commercially available membranes for proton exchange membrane (PEM fuel cells). Carbon nanotubes are the fastest known proton conductor. The research appears in the journal Nature Nanotechnology. Practical applications include proton exchange membranes (PEMs); proton-based signaling in biological systems; and the emerging field of proton bioelectronics (protonics). A nanometer is one billionth of a meter. By comparison, the diameter of a human hair is 20,000 nanometers. The cool thing about our results is that we found that when you squeeze water into the nanotube, protons move through that water even faster than through normal (bulk) water. —Aleksandr Noy, an LLNL biophysicist and a lead author of the paper (Bulk water is similar to what you would find in a cup of water that is much bigger than the size of a single water molecule). The idea that protons travel fast in solutions by hopping along chains of hydrogen-bonded water molecules dates back 200 years to the work of Theodore von Grotthuss and still remains the foundation of the scientific understanding of proton transport. In the new research, LLNL researchers used carbon nanotube pores to line up water molecules into perfect one-dimensional chains and showed that they allow proton transport rates to approach the ultimate limits for the Grotthuss transport mechanism. The possibility to achieve fast proton transport by changing the degree of water confinement is exciting. So far, the man-made proton conductors, such as polymer Nafion, use a different principle to enhance the proton transport. We have mimicked the way biological systems enhance the proton transport, took it to the extreme, and now our system realizes the ultimate limit of proton conductivity in a nanopore. Of all man-made materials, the narrow hydrophobic inner pores of carbon nanotubes (CNT) hold the most promise to deliver the level of confinement and weak interactions with water molecules that facilitate the formation of one-dimensional hydrogen-bonded water chains that enhance proton transport. Earlier molecular dynamic simulations showed that water in 0.8-nm diameter carbon nanotubes would create such water wires and predicted that these channels would exhibit proton transport rates that would be much faster than those of bulk water. Ramya Tunuguntla, an LLNL postdoctoral researcher and the first author on the paper, said that despite significant efforts in carbon nanotube transport studies, these predictions proved to be hard to validate, mainly because of the difficulties in creating sub-1-nm diameter CNT pores. However, the Lawrence Livermore team along with colleagues from the Lawrence Berkeley National Lab and UC Berkeley was able to create a simple and versatile experimental system for studying transport in ultra-narrow CNT pores. They used carbon nanotube porins (CNTPs), a technology they developed earlier at LLNL, which uses carbon nanotubes embedded in the lipid membrane to mimic biological ion channel functionality. The key breakthrough was the creation of nanotube porins with a diameter of less than 1 nm, which allowed researchers for the first time to achieve true one-dimensional water confinement. Other Livermore and Berkeley researchers include Frances Allen, Kyunghoon Kim and Allison Belliveau. The work was funded by the Department of Energy’s Office of Basic Energy Sciences.


News Article | February 28, 2017
Site: www.cnet.com

Leave it to automakers to know how to appeal to 21st-century buyers. The first teasers for a refreshed Sonata sedan have appeared -- on Facebook. Hyundai Motor Group's Facebook page posted two sketches of the upcoming Sonata sedan, which will undergo a mild refresh some time later this year. The sketches trace the evolution of the Korean family sedan over the past two generations, and the new one picks up some familiar design touches. The grille has expanded, its hexagonal maw stretching down to the bottom of the front bumper. The headlights are a bit sleeker, and underneath them are some very sharp air intakes -- on the 2.0T model sketch, they get even more aggressive. Out back, the changes are even more apparent. The headlights pick up more of a triangular shape, and the trunk lid's spoiler lip seems to swell a bit. The Sonata 2.0T sketch gets properly angry with a rear diffuser and quad tailpipes, along with darker taillights. The evolution brings the Sonata in line with Hyundai's most recent offerings, specifically the Elantra. Of course, it's likely that the production version will tone some of these angles down, but on the whole, the new Sonata should be sleeker than before. Nobody's quite sure when the new Sonata will debut, or what sort of powertrain upgrades will come along for the ride. Our friends at Motor1 point to rumors of a beefier, 260-horsepower engine on the Sonata 2.0T. The new Sonata could arrive as early as the New York Auto Show in April, but odds are Hyundai will throw out a few more teasers with more info before any proper debut.


News Article | November 16, 2016
Site: www.businesswire.com

CRAWLEY, England--(BUSINESS WIRE)--Spirent Communications, the leading provider of connected car and automotive Ethernet test solutions, today announced that Spirent’s C50+TTworkbench solution has been selected by Hyundai Motor Group


News Article | February 17, 2017
Site: hosted2.ap.org

(AP) — South Korea was taken by surprise Friday with the arrest of the scion of the country's richest family and de-facto leader at Samsung over his alleged involvement in a massive corruption scandal that engulfed the president and riveted the nation. Prosecutors believe Lee Jae-yong, 48, a vice chairman at Samsung Electronics and the only son of the ailing Samsung chairman, gave bribes worth $36 million to President Park Geun-hye and her close friend to help win government support for a smooth company leadership transition, including a contentious merger of two Samsung companies. A look at how his arrest affects the electronics giant: Some conservative commentators are worried that Lee's arrest could hurt Samsung's businesses and therefore the economy, which relies on such companies for exports and jobs. But others dismiss such concern as exaggerated. "What would affect its businesses are the Galaxy phone's success, the performance of the semiconductor sector and how fast Chinese rivals are catching up, not whether Lee Jae-yong is arrested or not," said Park Sang-in, a professor at Seoul National University. Chiefs of companies such as Hyundai Motor Group and SK Group have been jailed before but still ran their companies from behind bars. Samsung Electronics, which is the world's largest maker of mobile phones, TVs and computer memory chips, has three separate chief executive officers each overseeing its electronic component, mobile phone and television divisions. But long-term business decisions, such as appointing executives and deciding on mergers and acquisitions, may be put on hold. Samsung normally announces personnel reshuffling and promotions each December, but postponed those announcements in 2016 as it was dragged deeper into the political scandal. Lee is not the first in his family to face criminal charges. His father was convicted in 2008 and 2009 for embezzlement and tax evasion related to business dealings designed to pass down wealth to his son. Lee Kun-hee, the ailing chairman, stepped away from his role at the company when prosecutors indicted him in 2008. The younger Lee will likely follow a similar course and stay away from leadership role once investigators formally bring charges against him. As he stepped up his role in the absence of his ailing father, Lee was seen as the new face of Samsung, fluent in foreign languages and educated oversees. Since Lee assumed a bigger role, Samsung promised to inject the company's top-down hierarchy with a nimble, startup-like attitude. Corruption allegations similar to those that took down his father may mean the damage to Lee's reputation is irreversible. Prosecutors were able to secure Lee's arrest in their second attempt, thanks to new evidence showing President Park's broader involvement in Samsung's family succession plan. Initially, prosecutors focused on their argument that Samsung offered bribes and in return, the government backed a controversial merger of two Samsung companies in 2015, which was a key step in the leadership transition. But after the initial request was dismissed, additional evidence from a notebook that belonged to a top presidential adviser showed that the government gave favors to Samsung in other areas related to the Lee family's father-to-son succession, said Lee Kyu-chul, a spokesman for the special prosecution team. Thanks to the family's decadeslong succession plan, the 48-year-old heir to Samsung was able to amass enormous wealth even before starting his own business. Lee's net worth is estimated at $6 billion. Here's how: In 1995, the elder Lee gave his only son, then in his 20s, 6 billion won ($52 million), which became the seed money to purchase unlisted stock in several Samsung companies. And during the next two decades those unlisted Samsung companies saw increased revenues based on lucrative deals done with other Samsung firms. The shares could then be sold when the companies went public. Some Samsung securities were sold at illegally cheap prices to Lee before he sold them off with huge returns, which later led to the conviction of his father. With the Samsung scion's arrest, others saw an opportunity to change a business community long criticized for poor corporate governance and a lack of transparency. Even though Lee has less than a 1 percent stake in Samsung Electronics and his father owns a 3.5 percent stake, the family's influence on the consumer electronics giant and other Samsung companies exceed other shareholders thanks in part to the way they control the business empire through a complicated web of cross-shareholding. The merger between Samsung C&T and Cheil Industries in 2015 was one example showing how the Lee family could exert an outsized influence on Samsung Group. Opponents of the merger, mostly minority shareholders, said the deal unfairly benefits the founding family while hurting other shareholders by devaluing the price of one company. Samsung narrowly won the shareholder approval thanks to the support from the National Pension Fund, its key investor. Lee became the majority shareholder of the merged entity and he gained control over Samsung Electronics stock owned by Samsung C&T before the merger. If Lee had bought more Samsung Electronics stock, it would have cost him billions of dollars. But by merging two companies, he did not have to spend a penny. "The arrest of Lee Jae-yong should provide a momentum for fundamental changes to end the collusion between the government and businesses, and reform the chaebol," said Park, referring to the family-controlled business conglomerates that dominate the economy.


News Article | January 27, 2016
Site: www.greencarcongress.com

« Sprig Electric pairs Tesla Powerpack with rooftop PV system | Main | Valence and EaglePicher enter into Li-ion strategic alliance » Current mild-hybrid vehicle projects, in partnership with Ford and Hyundai/Kia, that utilize advanced 48V lead-carbon batteries, can reduce CO emissions by 15-20%, according to the latest data from the Advanced Lead Acid Battery Consortium (ALABC), presented at the Advanced Automotive Battery Conference (25-28 January, Mainz). The T-Hybrid (based on a Kia Optima) (earlier post) and the ADEPT (based on a Ford Focus) (earlier post) both utilize an advanced 48V lead-carbon battery system with bolt-on electrical components that allow for significant engine-downsizing without loss in performance. This engine downsizing means less fuel usage and subsequently lower CO emissions compared to the base vehicle—including a 16% reduction in the Kia Optima. Project Partners for the T-Hybrid include ALABC, Hyundai Motor Group, AVL Schrick, Valeo, and East Penn Manufacturing. This concept vehicle is powered by the Optima’s existing 1.7 liter CRDi turbo-diesel engine, paired with a Valeo 10 kW electric starter generator and electric supercharger powered by a 48V version of East Penn’s lead-carbon UltraBattery system. The diesel-electric powertrain concept enables the T-Hybrid (turbo-hybrid) to be driven in electric-only mode at low speeds and when cruising, with deceleration serving to recharge the battery pack. It includes start-stop functionality and regenerative braking, but also provides the enhanced power and torque at low speeds that have made it popular in test drives. Some of the support for the Kia Project was obtained through special funding from ALABC members such as the RSR Corporation, the Doe Run Company, Teck Metals, Acumuladores Moura, Britannia Refined Metals. The ADEPT vehicle has undergone early testing, and is targeting to cut CO emissions levels to 75g CO2CO km—far below the EU requirements for CO levels. New automotive designs in the EU are currently required to emit no more than 130 grams of CO per kilometer (g CO /km), and by 2021, automakers will need to reduce that by an additional 28% to meet the requirement of 95g CO /km. Project partners in ADEPT include ALABC, Ford Motor Company, Ricardo, CPT, Provector, Faurecia, the University of Nottingham, and the University of Sheffield. Based on a Ford Focus, the ADEPT (Advanced Diesel Electric Powertrain) combines low-cost, micro/mild hybrid technologies to reduce CO emissions by an additional 15-20%. This vehicle indicates a pathway to 70g/km at a cost/emissions reduction ratio superior to a full-hybrid solution. The system includes regenerative braking and other efficiency improvements for optimized oil flow and pressure control, as well as a 48V electric turbine that captures exhaust waste heat for conversion to additional recovered electrical energy. However, unlike the T-Hybrid, it does not have an electric supercharger but will rely solely on the starter/generator for initial torque assist on the engine. The 48V vehicles also solve some of the problems with making 48V low-emission systems appealing to the general consumer, ALABC said. By downsizing and down-speeding the engine to reduce CO emissions, you significantly reduce the vehicle’s performance, making it less fun to drive. But by adding electrical components like the Valeo supercharger and the CPT SpeedStart ISG, you can give a 1.4 liter engine the performance of a 1.8 liter engine or better, and still provide the same enhanced emission benefits. In essence, this system allows you to reduce fuel consumption with additional electrical components, but increase performance while still maintaining a low production cost because of the use of lead-carbon batteries. Advanced lead batteries are 99% recyclable, and are significantly cheaper than alternative battery technologies used in HEVs.


News Article | April 5, 2016
Site: www.greencarcongress.com

« Lawrence Livermore team shows carbon nanotube porins are fastest known proton conductors; potential application for PEM fuel cells | Main | 2017 Ford Fusion offers adaptive cruise control with automatic stop-and-go technology » Hyundai Motor Group has outlined its roadmap for connected car development. The Group will collaborate with leading global IT and networking companies to develop its “Hyper-connected and Intelligent Car” concept. The roadmap outlines four main service fields that will help develop smarter, more intelligent cars that can receive and utilize data faster than before. The mid- to long- term development focus includes a range of key features, including: smart remote maintenance services; autonomous driving; Smart Traffic; and a connected Mobility Hub that provides security and data management for all elements of the connected car. In the short- to mid-term, Hyundai Motor Group will concentrate on technologies related to smartphone connectivity and Smart Home Services, while establishing the core infrastructure that will provide the foundation for future developments. In order to incorporate increasingly complex features in its roadmap, Hyundai will prioritize early investment in these selected areas. The main areas of R&D focus include in-vehicle networks for high-speed transfer of large amounts of data, and cloud technology to collect vehicle data and provide computing power. Hyundai will also research big data analytics that will allow large data sets to be used effectively, and it will invest in connected car security, essential for protecting the integrity of a complicated platform hosting varying technologies. Hyundai Motor Group will co-develop connected car technologies through collaborations with global companies. With previous experience in this field, Hyundai Motor Group has already established the Cloud system, which puts the core infrastructure of connected cars into place. Meanwhile, a group of data scientists have helped Hyundai Motor Group to specialize in data analytics since 2013. The company is utilizing big data in various areas to enhancing R&D and products, and also gathering customers’ opinions. Along with the roadmap, Hyundai Motor Group plans to embark on a new era of connecting the “Car to Life”, striving to put cars increasingly at the center of lifestyles. This initiative will provide users with a knowledge hub of knowledge, plus the ability to analyze and utilize information. Hyundai’s vision is that the Hyper-connected and Intelligent Car goes beyond converging communications technology and the vehicle to become a high-performing computer on wheels.


News Article | November 14, 2016
Site: www.newsmaker.com.au

An automotive natural gas vehicle uses compressed natural gas (CNG) or liquefied natural gas (LNG) as an alternative to the diesel or petrol. A natural gas is widely used in lift trucks, buses, light and heavy duty trucks, motorcycles, cars, vans and locomotives. A natural gas provides an economical and environmental friendly option over diesel or petrol. Currently, the penetration of automotive natural gas vehicle is less globally, but due to its operational advantages, in future the penetration is expected to increase globally. Around the world, the governments have issued stringent regulations regarding the emissions and fuel efficiency. The global fossil fuel price has seen an increasing trend over the past 5-10 years. Due to these reasons, there is a growing demand for cheap and environmental friendly fuel alternative. Original equipment manufacturers of vehicles are promoting their products by showcasing the fuel efficiency and emission free features. This factor is fueling the demand for automotive natural gas vehicle market. High upfront purchase cost, low awareness in many countries are some of the factors which are inhibiting the growth of automotive natural gas vehicle market. Currently, the automotive natural gas vehicle market is still in the nascent state, thought the market experienced growth in sales in last 3-4 years. The global automotive natural gas vehicle market by volume is expected to expand at a CAGR of around 5-7% during the forecast period (2015-2025), due to stringent government emission regulations and growing demand for fuel efficient vehicles. The global automotive natural gas vehicle market can be segmented by fuel type, by vehicle type and by regions Based on Fuel Type, the global automotive natural gas vehicle market is segmented as: Based on Vehicle Type, the global automotive natural gas vehicle market is segmented as: The global automotive natural gas vehicle market is expected to register a single-digit CAGR for the forecast period. Depending on geographic regions, global automotive energy recovery market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.In terms of market revenue, Asia Pacific automotive energy recovery market is projected to register a significant CAGR during the forecast period. Stable economic growth, growing automotive production, stringent government emission norms, changing consumer preferences, are some of the factors which are fueling the growth of automotive natural gas vehicle market in Asia Pacific. The significant demand for natural gas is from commercial vehicle segment in Asia Pacific. India, China and Iran are forecast to register a significant growth in the Asia Pacific automotive natural gas vehicle market, as these countries have significant network of gas infrastructure and CNG fueling network. In Europe, countries like Russia and Ukraine have a high demand for natural gas in trucks and buses. The Europe automotive natural gas vehicle market revenue is currently dominated by commercial vehicles. The government policies, subsidies, increasing fossil fuel prices, stringent environmental regulations are fueling the demand for automotive natural gas vehicle in Western and Eastern Europe. In North America and Latin America, compressed natural gas is seeing the high demand. Currently, U.S.A. is dominating the North America automotive natural gas market by value, on the other hand, Columbia is dominating the Latin America automotive natural gas market by value. Some of the key market participants in global natural gas vehicle market are Ford Motor Company, Fiat Chrysler Automobiles, General Motors, Honda Motor Company, Volkswagen, Hyundai Motor Group, etc. The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments by geographies, by vehicle type and by fuel type.


News Article | April 8, 2016
Site: cleantechnica.com

Hyundai was a late bloomer in the fuel efficiency game, only bringing its Sonata Hybrid to market in 2010, the same year as the third generation of the incumbent Toyota Prius arrived on the scene. Since then, the two paths have diverged, with Toyota running off towards hydrogen fuel cell bliss while Hyundai continues to explore fuel efficiency. Hyundai was not content with just a hybrid drivetrain. Plowing forward towards the future, it developed a new platform with hybrid, plug-in hybrid, and full battery-electric versions of the newly minted Hyundai Ioniq, which it put into the spotlight for the first time at the New York International Auto Show. And Hyundai has no plans to let up this crazy, accelerated rampage of R&D. Auto News recently broke the story of the new Hyundai and sister company Kia masterplan to plow straight on towards the future with plans to introduce 26 hybrids, plug-in hybrids, and fully electric vehicles by 2020. Hyundai and Kia are going all in on this bet to not only lead the charge towards the next generation of automobiles but, critically, in doing so, they plan to head up the race towards reduced emissions, driving reductions in advance of forecasted policy changes. If Hyundai and Kia ever had the opportunity to throw down at a game of Texas hold ’em, this would be the hand where they threw down and went all in because that’s exactly what’s going down. The blitz approach is comprised of 12 hybrids, 6 plug-in hybrids, 2 battery-electric vehicles, and 2 fuel cell electric vehicles split between the two megabrands. With Hyundai already proudly rocking the Sonata Hybrid and Sonata Plugin Hybrids, with rumors of a new electric brand dubbed “AE” being spun off, it’s anyone’s guess where the new models will surface, but it stands to reason that Ioniq is included in the count, having just arrived on the scene. Kia, on the other hand, has been sporting the Soul EV with its 93 miles of all-electric range (AER) for a few months now and has garnered glowing reviews across the board. Kia is also getting in on the plug-in hybrid game, with two completely new versions this year — with the Telluride PHEV and the Optima PHEVs having had their respective covers blown in the early months of the year. The man in charge of the plan to green up the pair is Lee Ki-Sang, Senior Vice President of the Hyundai Motor Group’s Eco Techology Center. He shared that sales of electrified cars account for an anemic 1% of global sales across the two brands. While current sales are terrible, the flip side of that same coin is that there is really only one direction for electrified sales to go — up. In a curious overlap, the strategy for driving volume of electrified vehicle sales (and, more importantly, making them profitable by 2020) has borrowed the Ioniq moniker and is called “Project Ioniq,” as announced at the Geneva Motor Show. The borrowed name also speaks to the intention to share and reapply as much common technology between the two brands and between platforms within the brands as possible. Standardizing the number of new parts that have to be developed to simplify the overall supply chain and manufacturing process is a key philosophy within Project Ioniq. The journey promises to be fraught with challenges as Hyundai and Kia charge into unfamiliar electrified territory, but as with any move into a new business segment, the risk parallels an equal or greater opportunity if they do it right. Getting into the market first isn’t just a GM idea, and now Hyundai & Kia want pieces of the pie … but can they deliver? Time will tell, but if history is any indicator, Hyundai had to move quickly to successfully bring the handful of hybrids and plug-in hybrids to market that are selling like hotcakes today, and that seems to bode well for the future. I know I’ll be watching.   Drive an electric car? Complete one of our short surveys for our next electric car report.   Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.  

Loading Hyundai Motor Group collaborators
Loading Hyundai Motor Group collaborators