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New U.S. EV subsidies hurt Hyundai, Kia

The Inflation Reduction Act signed into law by U.S. President Joe Biden last month excludes Hyundai and Kia from federal tax credits.....»»

Category: topSource:  autonewsSep 1st, 2022

Hyundai EV buyers get free home chargers

Hyundai is giving buyers who elect to purchase or lease a new EV through its captive finance arm a free ChargePoint Level 2 home charger valued at $549 and a credit of $600 toward installation......»»

Category: topSource:  autonewsRelated NewsSep 22nd, 2023

Hyundai Ioniq 5 vs Kia EV6: battle of the sisters

The Kia EV6 and Hyundai Ioniq 5 may be sister cars, but there are some key differences between the two. So which one's better?.....»»

Category: topSource:  digitaltrendsRelated NewsSep 21st, 2023

France"s revised subsidies for EVs pose existential threat to its brands in China

Renault, Peugeot and Citroen have significantly scaled down their local operations in recent years. The revised subsidy policy the French government released for electric vehicles this week, coupled with the anti-subsidy probe of China-made EVs the.....»»

Category: topSource:  autonewsRelated NewsSep 21st, 2023

Hyundai hurries to finish factory in Georgia to meet US EV demand

The Korean automaker now wants to start production in Georgia in 2024. Enlarge / Hyundai's well-rated Ioniq 6 could go into production in the US, which would make it eligible for a $7,500 tax credit. (credit: Hyundai) Hy.....»»

Category: topSource:  arstechnicaRelated NewsSep 20th, 2023

U.S. lawmaker seeks details of Tesla ties with CATL

A senior Republican in Congress asked Tesla Tuesday to detail its relationship with Chinese battery manufacturer CATL amid concerns electric vehicle subsidies are flowing to foreign entities raising security concerns......»»

Category: topSource:  autonewsRelated NewsSep 20th, 2023

Republican lawmaker seeks details of Tesla relationship with Chinese battery company CATL

A senior Republican in Congress asked Tesla Tuesday to detail its relationship with Chinese battery manufacturer CATL amid concerns electric vehicle subsidies are flowing to foreign entities raising security concerns......»»

Category: topSource:  autonewsRelated NewsSep 20th, 2023

Trepidation, hurt morale precede last-of-its-kind Amazon hardware event: report

Workers reportedly question how much gadget gusto Amazon has left. Enlarge / David Limp at Amazon's hardware event in Seattle, Washington, on September 27, 2017. (credit: Daniel Berman/Bloomberg via Getty Images) As Amaz.....»»

Category: topSource:  arstechnicaRelated NewsSep 19th, 2023

Jose Muñoz says Hyundai in ‘crisis mode," boosting investment

Hyundai Motor North America CEO Jose Muñoz outlines the company's rapidly expanding contribution to the U.S. economy at the Automotive News Congress, with big investments in localized operations for the South Korean carmaker......»»

Category: topSource:  autonewsRelated NewsSep 13th, 2023

Scenes from the 2023 Automotive News Congress

The theme of this year's Congress is "Investing in Innovation" and features keynotes from top executives at Hyundai, GM and Ford......»»

Category: topSource:  autonewsRelated NewsSep 12th, 2023

Hyundai unveils safety center arising from settlement with U.S. regulators

Hyundai's new safety laboratory is unique in North America for being dedicated to rapid response to field issues. Among the operations will be a field crash investigation lab, high voltage battery lab, forensics lab, a 400-meter track and a vehicle d.....»»

Category: topSource:  autonewsRelated NewsSep 12th, 2023

Despite uncertainty, supplier spending surges to meet EV, AV demand

Suppliers such as Hyundai Mobis, Denso, Magna and Robert Bosch are among those to have recently announced major investments in their manufacturing and R&D capabilities......»»

Category: topSource:  autonewsRelated NewsSep 11th, 2023

Car dealerships sold include Kia, Infiniti, VW, Ford, Hyundai, Mazda

Two of the largest privately owned U.S. auto retailers expanded with second- and third-quarter acquisitions, while a pair of Northeast dealership groups also grew in existing markets......»»

Category: autoSource:  autonewsRelated NewsSep 7th, 2023

Tesla Model 3 vs. Hyundai Ioniq 6: Which electric sedan is best?

The Tesla Model 3 and Hyundai Ioniq 6 are some of the only electric sedans out there -- but which of them is actually better?.....»»

Category: topSource:  digitaltrendsRelated NewsSep 2nd, 2023

Hyundai"s U.S. EV factory cost grows to $7.59B

Hyundai Motor Group and battery partner LG Energy Solution's joint venture is increasing the total investment into the electric vehicle and battery complex near Savannah, Ga., to $7.59 billion......»»

Category: topSource:  autonewsRelated NewsSep 1st, 2023

Toyota, Honda, Hyundai, Kia sales rise again in August

Analysts expect U.S. new light-vehicle sales to rise between 15 and 20 percent in August, helped by strong fleet shipments, and rising stockpiles and deals that are drawing consumers back to showrooms, even amid higher interest rates......»»

Category: topSource:  autonewsRelated NewsSep 1st, 2023

Hyundai, Kia, Genesis U.S. sales rise again in August

Hyundai said U.S. deliveries during the month improved 1.1 percent to 65,046 vehicles while Kia reported a gain of 9.2 percent to 72,147 vehicles......»»

Category: topSource:  autonewsRelated NewsSep 1st, 2023

Ford"s Kumar Galhotra to speak at Automotive News Congress

Galhotora, who leads Ford's gasoline-powered vehicle business, will join a keynote lineup that includes General Motors President Mark Reuss and Hyundai Motor Co. President Jose Muñoz......»»

Category: topSource:  autonewsRelated NewsAug 30th, 2023

U.S. judge denies Hyundai, Kia class-action settlement

A federal judge has denied Hyundai and Kia's proposed $200 million settlement with consumers who had their vehicle stolen......»»

Category: topSource:  autonewsRelated NewsAug 30th, 2023

Judge rejects Hyundai, Kia class-action settlement

A federal judge has denied Hyundai and Kia's proposed $200 million settlement with consumers who had their vehicle stolen......»»

Category: topSource:  autonewsRelated NewsAug 29th, 2023

South Korea clears path for Hyundai strike, union says

If the strike goes forward, it could disrupt delivery of some popular vehicles and cause up to $755 million in losses......»»

Category: topSource:  autonewsRelated NewsAug 28th, 2023