Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! It was quite a shock at the time. In September of 2022, Ford CEO Jim Farley delivered an ultimatum to its dealers — invest in the equipment and training needed to sell electric cars successfully or get shut out.… Continue reading Cleantechnica: Ford Revises Dealer Requirements To Sell Electric Cars 003467
Tag: Hyundai
Cleantechnica: Electric Cars Reach 20% Penetration in the Australian Capital Territory 003466
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The Australian Capital Territory (ACT), home of Canberra, the nation’s capital, has the highest rate of EV ownership per capita in the country. It is similar to that of California in the USA. At the end of 2023, over… Continue reading Cleantechnica: Electric Cars Reach 20% Penetration in the Australian Capital Territory 003466
Hyundai to launch Creta EV in Q4 FY25, mass market model in offing
Hyundai Motor India plans to calibrate its EV strategy and plan its EV timeline in line with market demand in the country by launching appropriate EV models, according to the draft red herring prospectus filed by the company with the Securities Exchange Board of India on Saturday. The statement comes at a time when the… Continue reading Hyundai to launch Creta EV in Q4 FY25, mass market model in offing
Hyundai paid Rs 7,872 crore to GM for Talegaon plant; Expects to start operations in H2 of FY26
Hyundai Motor India paid Rs 7,871.8 crore to General Motors (GM) to acquire its Talegaon plant in Maharashtra, the company said in its draft red herring prospectus (DRHP) for the IPO. The South Korean car maker now expects to start production at the plant during the second of the financial year 2026. Hyundai India signed… Continue reading Hyundai paid Rs 7,872 crore to GM for Talegaon plant; Expects to start operations in H2 of FY26
Hyundai leads the race on profit margins versus Maruti Suzuki, Tata Motors
In the profitability race, India’s second-largest passenger car maker Hyundai Motor India leads among the top three listed players in the country’s passenger vehicle market. Over the past few years, Hyundai India has consistently achieved a double-digit operating profit margin, surpassing those of India’s largest car maker Maruti Suzuki, and third largest car maker Tata… Continue reading Hyundai leads the race on profit margins versus Maruti Suzuki, Tata Motors
Hyundai doubles down on India with IPO that could be country’s biggest
NEW DELHI (Reuters) — Hyundai Motor’s India unit on Saturday sought regulatory approval for a stock market listing in Mumbai that could be the nation’s biggest. The application calls for the South Korean parent to sell a stake of up to 17.5% in the company. The IPO would make the Hyundai unit the country’s first… Continue reading Hyundai doubles down on India with IPO that could be country’s biggest
EV Transmission System Market Set to Total USD 53342.8 Million by 2034 Amid Rising Requirement for Lightweight and Efficient Battery Solutions
Fueled by environmental concerns and government support for electric vehicles, the global EV transmission system industry is experiencing significant growth. Asia, particularly India with its high projected CAGR, is becoming a dominant region due to its manufacturing base and government initiatives. While single-speed transmissions are currently leading the market, technological advancements in response to the… Continue reading EV Transmission System Market Set to Total USD 53342.8 Million by 2034 Amid Rising Requirement for Lightweight and Efficient Battery Solutions
Hyundai plans to list India business unit in one of country’s biggest IPOs
Standard Digital Weekend Print + Standard Digital wasnow $79 per month FT Weekend newspaper delivered Saturday plus complete digital access. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT FT Videos &… Continue reading Hyundai plans to list India business unit in one of country’s biggest IPOs
Hyundai India files DRHP for IPO: Plans to dilute up to 17.5% stake
India’s second largest car maker Hyundai Motor India Ltd has filed a draft red herring prospectus (DRHP) for its much-awaited initial public offering (IPO). The South Korean parent company Hyundai Motor Company plans to dilute up to 17.5% stake in its wholly-owned India unit through the IPO, which only has an ‘offer-for-sale’ component. The company will… Continue reading Hyundai India files DRHP for IPO: Plans to dilute up to 17.5% stake
Hyundai recalls 1,744 Ioniq 5 EVs to inspect integrated charging control unit
Hyundai Motor India has issued a voluntary recall for 1,744 units of the all-electric Ioniq, manufactured between July 21, 2022 and April 30, 2024. The company has cited “potential issue in the integrated charging control unit (ICCU), which may discharge the 12V battery,” as the reason for the recall. This is the first ever recall… Continue reading Hyundai recalls 1,744 Ioniq 5 EVs to inspect integrated charging control unit