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The Hyundai Ioniq 5 will be the next Waymo robotaxi

The two companies say this should be the first of many collaborations. Waymo's robotaxis are going to get a lot more angular in the future. Today, the autonomous driving startup a.....»»

Category: topSource:  arstechnicaOct 4th, 2024

Hyundai reports 92.4% net profit increase in 1Q23

Strong sales worldwide in the first quarter of 2023 helped Hyundai Motor's profits. The carmaker released the financial results on April 25, with net profit growing 92.4% year-over-year......»»

Category: itSource:  digitimesRelated NewsApr 26th, 2023

Hyundai Motor, SK On plan $5 billion EV battery plant in US

Hyundai Motor Group and SK On Co. will spend as much as $5 billion in North America for the production of electric car batteries as President Biden's green bill encourages companies along the EV supply chain to make investments there. Shares rose as.....»»

Category: itSource:  digitimesRelated NewsApr 25th, 2023

Hyundai readies U.S. battery plant as Q1 profit more than doubles

Hyundai reported that its first-quarter profit had more than doubled, as it finalized a $5 billion EV battery joint venture in the U.S., boosting electrification efforts in its largest market......»»

Category: topSource:  autonewsRelated NewsApr 25th, 2023

Calif., 17 other states seek recall of Hyundai, Kia vehicles over theft

U.S. theft claims were nearly twice as common for Hyundai and Kia vehicles compared with all other automakers among 2015-19 models, IIHS data shows......»»

Category: topSource:  autonewsRelated NewsApr 21st, 2023

Genesis sales to reach 100,000 before 2030, Jose Muñoz says

Jose Muñoz, Hyundai and Genesis Motor North America CEO, said he expects the Genesis luxury brand to break the 100,000 sales barrier before 2030, and that the brand's focus on EVs is part of what will make the lofty goal attainable......»»

Category: topSource:  autonewsRelated NewsApr 20th, 2023

Stellantis, GM, Honda and Hyundai dealerships sell in 4 states

Two dealership groups expanded in new markets, a dealer added a second Honda store, and a new partnership duo acquired its first store in transactions in the last half of 2022 and second quarter of this year......»»

Category: topSource:  autonewsRelated NewsApr 20th, 2023

Tesla, BYD hold different visions for autonomous vehicles

Tesla CEO Elon Musk has been eyeing the development of L4 to L5 high-end self-driving vehicles with the goal of rolling out driverless taxicabs (Robotaxi), while BYD chairman Wang Chuanfu maintains that unmanned driving sounds ideal but is not practi.....»»

Category: topSource:  theglobeandmailRelated NewsApr 18th, 2023

Hyundai speeds up software fix for easy-to-steal vehicles

Hyundai is speeding up its rollout of a software upgrade for its vehicles without engine immobilizers as part of its response to increasing thefts of its vehicles......»»

Category: topSource:  autonewsRelated NewsApr 18th, 2023

Column: Cruise might actually figure out the robotaxi business

Cruise’s ambitions to build a viable robotaxi business has similar undertones as something else that once seemed impossible: A GM bankruptcy......»»

Category: topSource:  autonewsRelated NewsApr 15th, 2023

Hyundai leans on EV tax credit lease provision

Hyundai is making use of the leasing provision in the EV tax credit rules to keep its electric models in the fight......»»

Category: topSource:  autonewsRelated NewsApr 14th, 2023

Cruise plans ‘rapid scaling" of robotaxi service in 2023

CEO Kyle Vogt says the company majority-owned by GM is on track — if not ahead of — its goal to reach $1 billion in revenue by 2025......»»

Category: topSource:  autonewsRelated NewsApr 13th, 2023

In wake of federal scrutiny, Zoox details process it used for self-certifying its robotaxi

Zoox disclosed more information Wednesday about how it self-certified its robotaxi and discussed its occupant-protection efforts in the wake of scrutiny from federal regulators......»»

Category: topSource:  autonewsRelated NewsApr 12th, 2023

Waymo vehicles pull over in California due to fog

Google self-driving technology unit Waymo said that some of its vehicles in San Francisco encountered dense fog and briefly pulled over to the side of the road......»»

Category: topSource:  autonewsRelated NewsApr 12th, 2023

Hyundai eyes spot among world"s top 3 EV makers with US$18 billion investment by 2030

Hyundai Motor Group unveiled a plan to scale up its EV presence significantly. The South Korean company plans to invest KRW24 trillion (US$18 billion) by 2030 to grow production and enhance R&D efforts. It is aiming to become one of the global top th.....»»

Category: topSource:  informationweekRelated NewsApr 12th, 2023

Union opposes driverless trucks exemption for Waymo, Aurora

A major transport union opposed a request filed by Alphabet's self-driving unit Waymo and autonomous driving technology company Aurora for an exemption from rules on warning devices for large semi-trucks, citing safety issues......»»

Category: topSource:  autonewsRelated NewsApr 11th, 2023

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......»»

Category: topSource:  autonewsRelated NewsApr 11th, 2023

Next-gen CarPlay killed the radio star

Eddy Cue teased “iOS in the Car” in 2013, and Apple released CarPlay as an update to iOS 8 a year later. CarPlay was slow to be adopted by automakers in the first few years. Pioneer CarPlay to existing cars first in 2014, then Hyundai released.....»»

Category: topSource:  pcmagRelated NewsApr 11th, 2023

Hyundai maintains top range on redesigned Kona EV around 260 miles

The second-generation subcompact crossover gets North America debut in New York......»»

Category: topSource:  autonewsRelated NewsApr 5th, 2023

Why Hyundai, Nissan love sports advertising

Instead of dropping huge money for Super Bowl spots, Hyundai has been leveraging the NFL's conference championships at a third of the cost, while Nissan advertises in college games......»»

Category: topSource:  autonewsRelated NewsApr 4th, 2023

The 2023 Hyundai Ioniq 6: A streamlined look equals serious range

After so many electric crossovers, it's refreshing to see another sedan. Enlarge / Hyundai has some intriguing offerings for EV buyers in the $40,000-$55,000 range as it adds the complex curves of the Ioniq 6 sedan to its range a.....»»

Category: topSource:  arstechnicaRelated NewsApr 3rd, 2023