Hyundai commits $18 billion in Korea by 2030 in shift to EVs
Hyundai Motor Group plans to boost its annual output of electric vehicles in Korea to 1.51 million units by end of this decade, or about 40% of estimated global EV production of 3.64 million......»»
Boeing risks losing billions as 33,000 workers vote to strike
Workers refused to waste leverage as Boeing deals with $45 billion debt. Enlarge / Union members cheer during a news conference following a vote count on the union contract at the IAM District 751 Main Union Hall in Seattle, Wash.....»»
Self-driving tech spurs investment rebound in mobility sector
Investments in the mobility sector are perking up after a rough multi-year stretch, according to the latest data from financial insights firm Pitchbook. Deal vaues reached $6.7 billion in the second quarter in the segment......»»
Daily 5 report for Sept. 12: Where will the GM-Hyundai relationship end up?
While nothing has been promised or is happening now between GM and Hyundai, the potential is huge......»»
Column: GM, Hyundai hook up in New York — where will relationship end up?
Perhaps nothing will come of it. Still, the potential is undeniably huge......»»
Leasing, variety expand EV popularity, according to Q2 credit data
The Hyundai Ioniq 5 moved to fourth place from ninth and the Ford Mustang Mach-E moved to third from sixth......»»
GM, Hyundai team up to slash costs of new vehicles and clean tech
The hope is for better products and more efficient companies. Enlarge / GM CEO Mary Barra (left) and Hyundai executive chair Euisun Chung (right) have agreed to have their companies collaborate. (credit: Hyundai Motor Group).....»»
Ford Pro CEO Ted Cannis to retire
Cannis has the commercial vehicle unit Ford created in 2021 on pace for $70 billion in revenue this year. Ford Blue CEO Andrew Frick will take over on an interim basis......»»
GM has long history of partnering with rivals including Hyundai
An alliance with Honda has lasted for more than two decades and resulted in production of hydrogen fuel cells and electric vehicles, but some other tie-ups quickly fizzled......»»
GM has long history of partnering with rivals like Hyundai
An alliance with Honda has lasted for more than two decades and resulted in production of hydrogen fuel cells and electric vehicles, but some other tie-ups quickly fizzled......»»
GM, Hyundai to explore collaboration across range of tech, products
General Motors and Hyundai Motor Co. will explore cooperation in everything from passenger and commercial vehicles to electric cars and raw materials under a sweeping agreement that aims to improve efficiencies, slash costs and reach bigger economies.....»»
Space travel: Protection from cosmic radiation with boron nitride nanotube fibers
With the success of the Nuri launch last year and the recent launch of the newly established Korea Aerospace Administration, interest in space has increased, and both the public and private sectors are actively investing in space-related industries s.....»»
Denso goes workerless under new factory concept for Toyota Group
Denso's new ¥69 billion ($482.9 million) workerless plant will make advanced on-board computers that bundle together control of multiple functions in the car, accelerating the transition of Toyota's top supplier into a software-driven mobility compa.....»»
AWS is spending £8 billion to boost its UK cloud business
AWS UK expansion could support up to 14,000 jobs annually......»»
Bringing electricity to the smallest villages is not likely to reduce poverty
Nearly 800 million people in the world lack access to commercial electricity. It is easy to assume that connecting them to the grid will reduce poverty and improve lives. In fact, expanding energy infrastructure to everyone on the planet by 2030 is o.....»»
Apple must pay €13 billion in back taxes after losing final appeal
EU's top court also upholds €2.4 billion antitrust fine against Google. Enlarge (credit: Getty Images | SOPA Images ) Apple has suffered a significant defeat after the EU’s top court ruled that the iPhone maker must.....»»
X hires ex-Hyundai marketer Angela Zepeda as global head of marketing
X CEO Linda Yaccarino says the former automotive marketer will “further shape our transformation.”.....»»
GM to up BrightDrop output, add 2nd shift at Ontario plant, Unifor says
General Motors Canada has committed to increasing production at CAMI Assembly starting in the first quarter of 2025, according to Unifor Local 88 as the union and automaker began contract talks Sept. 9. .....»»
Morrie"s Auto expands into Illinois, indiGO adds Porsche stores
Morrie's Auto Group adds Kia and Hyundai stores, while indiGO Auto expands with the Porsche brand......»»
Electrically modulated light antenna points the way to faster computer chips
Today's computers reach their physical limits when it comes to speed. Semiconductor components usually operate at a maximum usable frequency of a few gigahertz—which corresponds to several billion computing operations per second......»»
The moon had surprisingly recent volcanic activity, samples from Chinese space mission confirm
Volcanoes were erupting on the moon as recently as 120 million years ago, evidence collected by a Chinese spacecraft suggests. Until the last few years, scientists had thought volcanic activity ended on the moon around 2 billion years ago......»»