Tag: Hyundai

Rakesh Srivastava Joins AI Technology Firm BiUP.ai as Advisor

BiUP.ai, an emerging player in the artificial intelligence sector, has appointed former Nissan Motor India Managing Director Rakesh Srivastava as its Mentor and Advisor. The announcement, made in New Delhi on February 14, 2025, marks a significant development for the B2B SaaS platform specializing in AI-driven immersive technology. Srivastava, who brings extensive automotive industry experience… Continue reading Rakesh Srivastava Joins AI Technology Firm BiUP.ai as Advisor

Senior Living Market to grow by USD 130.9 Billion from 2025 to 2029, Driven by Aging Baby Boomer Population, AI-driven Market Transformation – Technavio

NEW YORK, Feb. 14, 2025 /PRNewswire/ — Report with the AI impact on market trends – The senior living market and it is set to grow by USD 130.9 billion from 2025 to 2029. However, the growth momentum will progressing at a CAGR of 5.8% during the forecast period, according to Technavio. The senior living… Continue reading Senior Living Market to grow by USD 130.9 Billion from 2025 to 2029, Driven by Aging Baby Boomer Population, AI-driven Market Transformation – Technavio

Car sales shift to first gear in Jan after demand bump

At Toyota Kirloskar Motor (TKM) too, sales grew 13% to 26,178 units. New Delhi: Sales of passenger cars, vans and utility vehicles grew in low single-digits in January, mainly because of a high base and continued tepid demand in the local market. Market leader Maruti Suzuki posted a 4% rise from a year earlier at… Continue reading Car sales shift to first gear in Jan after demand bump

Hyundai India Marks 25 Years of Exports, Ships 3.7 Million Vehicles Since 1999

Hyundai Motor India Limited (HMIL) has exported 3.7 million passenger vehicles since beginning its export operations in 1999, the company announced on February 14, 2025. The automaker currently exports to over 60 countries, with Saudi Arabia, South Africa, Mexico, Chile, and Peru emerging as its largest export markets in 2024. The company exported 158,686 vehicles… Continue reading Hyundai India Marks 25 Years of Exports, Ships 3.7 Million Vehicles Since 1999

Mahindra XUV300, 3XO sales cross 335,000 units, up 80% in FY2025

The Mahindra XUV300, reborn in a new avatar in April 2024 as the XUV 3XO, turns seven years old today. Launched on February 14 and Valentine’s Day in 2019, the popular compact SUV has, till end-January 2025, has sold a total of 335,017 units. Thanks to the XUV 3XO, this compact Mahindra SUV’s growth trajectory… Continue reading Mahindra XUV300, 3XO sales cross 335,000 units, up 80% in FY2025

As Trump eyes more tariffs, South Korea remains safe haven for GM and Hyundai

President Donald Trump welcomes South Korea’s President Moon Jae-In at the White House in Washington, U.S., May 22, 2018. Carlos Barria | Reuters DETROIT — As President Donald Trump threatens to further increase tariffs on U.S. trading partners, the greatest impact for the auto industry outside of North America would be additional levies on South… Continue reading As Trump eyes more tariffs, South Korea remains safe haven for GM and Hyundai

Hyundai Mobis leads innovation in the field of automotive interior design with a new movable sound system

Development of a movable sound system synchronized with the rollable display system Delivering a differentiated user experience through sound optimization and luxury automotive interior design Innovative integration of a premium display + sound system targeting the global market  SEOUL, South Korea, Feb. 12, 2025 /PRNewswire/ — Advancing as a future mobility technology specialist, Hyundai Mobis (KRX… Continue reading Hyundai Mobis leads innovation in the field of automotive interior design with a new movable sound system

Hyundai Mobis unveils movable sound system

Hyundai’s speakers adjust their angle to minimise sound wave interference. Credit: Hyundai Mobis. Hyundai Mobis has developed a new movable sound system that is engineered to synchronise with the rollable display installed in the driver’s cockpit. The movable sound system dynamically adjusts angles of its speakers based on the display configuration, ensuring clear, high-quality sound,… Continue reading Hyundai Mobis unveils movable sound system

Tata Motors to Open Charging Network to EVs of Other OEMs 

India’s largest electric vehicle maker, Tata Motors, plans to open its charging stations to EVs of other automakers, the company’s management said today, while announcing  its goal of doubling the charging points in India by 2027. The company targets to have 4 lakh EV charging points across the country, including home chargers, 30,000 public charging… Continue reading Tata Motors to Open Charging Network to EVs of Other OEMs