article thumbnail

Hyundai Europe teams up with Amazon to meet customer demands

Teslarati

Hyundai Motor Europe teamed up with Amazon to meet customer demands. We are pleased to be extending our strategic partnership with Hyundai into Europe. Hyundai will display ads on Amazon to direct customers to its Brand Space. Hyundai will display ads on Amazon to direct customers to its Brand Space.

Hyundai 94
article thumbnail

Hyundai to begin production of Casper mini EV for Europe in July: report

Teslarati

Hyundai is reportedly looking to launch an affordable electric version of its Casper mini SUV in Europe later this year, which is expected to rival other small electric vehicles (EVs) in the market. Hyundai is currently building a new EV factory in South Korea , which broke ground in November and is expected to cost around $1.5

Hyundai 118
article thumbnail

Hyundai is launching two new electric cars in Europe, a low-cost EV and new IONIQ model

Baua Electric

Despite talk of an “EV slowdown,” Hyundai is charging ahead. Hyundai is launching two new electric vehicles in Europe, including a low-cost EV and a new IONIQ model, to boost its market share in the region. Hyundai does not see its EV growth slowing in Europe over the next few years.

article thumbnail

Hyundai and Kia are gaining a competitive edge ahead of the affordable EV offensive

Baua Electric

After a record 2023, Hyundai and Kia are not slowing down this year. With new tariffs on Chinese EVs, Hyundai and Kia look to gain an edge over their overseas rivals. Hyundai Motor, including Kia, generated a record over $9 billion (KRW 12.27 Strong demand in the US, Europe, and India fueled the growth.

Kia 52
article thumbnail

Aptiv to sell stake in self-driving venture to Hyundai, cuts FY sales view – ET Auto

Baua Electric

As part of the agreement, Hyundai will fund Motional with an additional USD 475 million, which is expected to occur in the second quarter. Auto parts supplier Aptiv on Thursday cut its annual sales forecast and said it would reduce equity interest in its self-driving joint venture, Motional, with Hyundai Motor.

Hyundai 52
article thumbnail

Hyundai to supply all-electric LCV to Iveco Group in Europe | Autocar Professional

Baua Electric

Hyundai Motor Company and Iveco Group have signed a supply agreement of an Iveco-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV portfolio alongside the iconic Iveco Daily.

Hyundai 52
article thumbnail

Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 In the existing system, auto parts can only be shared among vehicles that share the same platform. trillion (US$27.8 Production.

Hyundai 284