watch now South Korean conglomerate Hyundai on Monday announced a roughly $21 billion investment in U.S. onshoring that includes a $5.8 billion steel plant in Louisiana. The plant is set to hire more than 1,400 employees and will produce next-generation steel that will be used by Hyundai’s two U.S. auto plants to manufacture electric vehicles.… Continue reading South Korea’s Hyundai announces $21 billion U.S. investment
Tag: Hyundai
Hyundai Motor Group Commits to U.S. Growth with USD 21 Billion Investment
The Group to invest a total of USD 21 billion in the U.S. from 2025 to 2028 USD 9 billion to expand U.S. automobile production to 1.2 million units annually USD 6 billion to enhance parts, logistics and steel business, increasing the localization of auto parts and strengthening supply chains USD 6 billion to expand… Continue reading Hyundai Motor Group Commits to U.S. Growth with USD 21 Billion Investment
Hyundai Motor Group prepares for Russian re-entry
Hyundai Motor Group logo. South Korean automaker Hyundai Motor Group (HMG) is making preparations to re-enter the Russian market, ahead of a possible relaxation of sanctions as US-sponsored talks on a ceasefire between Russia and Ukraine continue, according to local reports. Other South Korean conglomerates have already begun to re-enter the Russian market after they… Continue reading Hyundai Motor Group prepares for Russian re-entry
Hyundai Motor India Announces New Appointments and Rs 694 Crore Investment in Tooling Centre
Hyundai Motor India Limited has announced new appointments and approved a Rs 694 crore investment for a new Tooling Centre following its recent board meeting. The planned Tooling Centre will focus on manufacturing stamping tools and vehicle panels, reinforcing Hyundai’s local production capabilities and supply chain stability. This strategic move aims to enhance the company’s… Continue reading Hyundai Motor India Announces New Appointments and Rs 694 Crore Investment in Tooling Centre
Hankook Tire Triumphs Over the Untamed Terrain of the 2025 Safari Rally Kenya
The extreme off-road challenge of Safari Rally Kenya concludes amid unpredictable weather and close wildlife encounters Dynapro R213, developed through Chairman Hyunbum Cho’s innovation-driven motorsports R&D, supports the successful operation of the event Next destination on the 2025 WRC calendar: The Canary Islands, Spain, from April 24 to 27 NAIROBI, Kenya, March 24, 2025 /PRNewswire/… Continue reading Hankook Tire Triumphs Over the Untamed Terrain of the 2025 Safari Rally Kenya
How car interiors are sparking new levels of creativity
After decades of ubiquitous grey, black and cream interiors, car makers are finally experimenting with more adventurous combinations of colours and materials. The new Fiat Grande Panda pairs a blue dashboard and seat upholstery with yellow mood lighting; Mini is stitching bold, brightly coloured patterns into the Aceman’s dashboard and door linings; and Volvo is using… Continue reading How car interiors are sparking new levels of creativity
How BYD plans to make EV charging as fast as filling a gas tank
Chinese auto maker BYD made waves this week when it announced its new Han L sedan could add as much as 248 miles of range in as little as five minutes. Unfortunately, the company was light on details, and it did not respond to TechCrunch’s request for clarification. So instead, we’ve scoured the web for… Continue reading How BYD plans to make EV charging as fast as filling a gas tank
Bharat Mobility Auto Expo 2025: From The Eyes of a Researcher
The excitement of the holiday season, after a long tiring year of 2024, had just started to set in. With Christmas and New year around the corner and 2 weeks to approved leave in the bank, I had already started dreaming of taking on the road with my old (but not out) Café Racer. It… Continue reading Bharat Mobility Auto Expo 2025: From The Eyes of a Researcher
Mahindra to Increase SUV and Commercial Vehicle Prices by Up to 3% from April 2025
Mahindra & Mahindra has announced a price increase of up to 3% across its SUV and commercial vehicle range, effective April 2025. The company attributes the adjustment to rising input costs and higher commodity prices. The price hike will vary depending on the model and segment. Mahindra, a key player in India’s SUV and… Continue reading Mahindra to Increase SUV and Commercial Vehicle Prices by Up to 3% from April 2025
Clean Technica: 10 Electric Vehicles Beating Gas Competitors in California003921
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Last Updated on: 20th March 2025, 01:19 am I covered some of the biggest California EV sales stats and stories yesterday. Naturally, they revolve around Tesla, as Tesla accounts for more than 50% of EV sales in California, and… Continue reading Clean Technica: 10 Electric Vehicles Beating Gas Competitors in California003921