Hyundai Transys signs $2.2 billion deal with Saudi Arabia’s Ceer to supply EV drive systems

Hyundai Transys has won a mega contract to supply its independently developed integrated electric vehicle drive system (EDS) to Ceer, Saudi Arabia’s first electric vehicle brand. The contract, signed earlier this month, at the Hyundai Transys headquarters in Dongtan-myeon, Gyeonggi-do, Korea, is worth KRW 3 trillion (US$ 2.2 billion or Rs 180,540 crore). Ceer is… Continue reading Hyundai Transys signs $2.2 billion deal with Saudi Arabia’s Ceer to supply EV drive systems

Hyundai Transys signs $2.2 billion deal with Saudi Arabia’s Ceer to supply EV drive systems

Hyundai Transys has won a mega contract to supply its independently developed integrated electric vehicle drive system (EDS) to Ceer, Saudi Arabia’s first electric vehicle brand. The contract, signed earlier this month, at the Hyundai Transys headquarters in Dongtan-myeon, Gyeonggi-do, Korea, is worth KRW 3 trillion (US$ 2.2 billion or Rs 180,540 crore). Ceer is… Continue reading Hyundai Transys signs $2.2 billion deal with Saudi Arabia’s Ceer to supply EV drive systems

Hyundai Transys signs $2.2 billion deal with Saudi Arabia’s Ceer to supply EV drive systems

Hyundai Transys has won a mega contract to supply its independently developed integrated electric vehicle drive system (EDS) to Ceer, Saudi Arabia’s first electric vehicle brand. The contract, signed earlier this month, at the Hyundai Transys headquarters in Dongtan-myeon, Gyeonggi-do, Korea, is worth KRW 3 trillion (US$ 2.2 billion or Rs 180,540 crore). Ceer is… Continue reading Hyundai Transys signs $2.2 billion deal with Saudi Arabia’s Ceer to supply EV drive systems

Hyundai Mobis uses acoustic AI system to check product quality at one unit per second

Hyundai Mobis has developed an AI system which utilises sound for quality inspection, which is now implemented in its production lines. This innovative approach leverages artificial intelligence to analyse the subtle sounds generated during product inspection to determine quality accuracy. On June 19, Hyundai Mobis announced that it has recently completed a pilot implementation of… Continue reading Hyundai Mobis uses acoustic AI system to check product quality at one unit per second

Hyundai Motor’s union in South Korea votes to strike

SEOUL (Reuters) — Hyundai Motor’s unionized workers in South Korea voted for possible strike action after talks with the company over wage increases and an extension of the retirement age stalled, the automaker’s union said on Monday. The union, one of the biggest in the country with more than 43,000 members, said that almost 90% of its members… Continue reading Hyundai Motor’s union in South Korea votes to strike

Hyundai Motor’s union in South Korea votes to strike

SEOUL (Reuters) — Hyundai Motor’s unionized workers in South Korea voted for possible strike action after talks with the company over wage increases and an extension of the retirement age stalled, the automaker’s union said on Monday. The union, one of the biggest in the country with more than 43,000 members, said that almost 90% of its members… Continue reading Hyundai Motor’s union in South Korea votes to strike

@Hyundai: Kia Adds Hybrid Powertrain to the Carnival MPV Lineup and Announces 2025 Pricing

2025 Kia Carnival has a starting MSRP of $36,500 New Carnival Hybrid variant starts at $40,500 Refreshed MPV elevates multi-purpose appeal with hybrid power, sophisticated design enhancements and next-gen technology Today, Kia announced pricing details for the refreshed 2025 Carnival, which boasts a bolder design, next-gen technology and an optional turbo-hybrid powertrain, highlighting its versatile… Continue reading @Hyundai: Kia Adds Hybrid Powertrain to the Carnival MPV Lineup and Announces 2025 Pricing