Hyundai Electronics

Hyundai Motor India and IIT-M team up to fuel H2 technology dreams

Hyundai Motor India has teamed up with IIT Madras and Guidance Tamil Nadu to launch the Hyundai HTWO Innovation Centre, aimed at advancing green hydrogen technology and India's clean energy future

Waymo in talks with S Korea's Hyundai Motor to produce self-driving taxis

Motional, a self-driving technology unit of Hyundai Motor Group, earlier this year delayed plans to launch a robotaxi service with its next-generation Hyundai Ioniq 5 robotaxis

Hyundai ties up with Charge Zone for charging infrastructure for EV

Hyundai Motor India on Wednesday said it has tied up with Charge Zone to set up charging infrastructure for electric vehicles. As per a Memorandum of Understanding (MoU), Charge Zone will install DC 60 kW fast chargers across 100 Hyundai dealerships in India. The strategic partnership aims to aid the expansion of public EV charging infrastructure in the country, Hyundai Motor India said in a statement. These public EV charging stations will also provide convenience to all EV users for intercity and intracity travel considering the locations of dealerships across cities and highways, it added. "As India aims for greater adoption of electric mobility, it is equally important to bolster the EV charging infrastructure to counter range anxiety and build customer preference towards adoption of electric mobility," Hyundai Motor India Function Head - Corporate Planning Jae Wan Ryu said. Strategic alliances are crucial for accelerating the adoption of electric mobility solutions by custome

Hyundai inaugurates EV charging station in Chennai, plans 100 facilities

Automaker Hyundai Motor India Limited (HMIL) on Monday announced the inauguration of its fast electric-powered vehicles (EV) charging station here, and said this was first of the company's target of installing 100 such facilities across Tamil Nadu. The 180 kW DC fast charging station, comprising of 150 kW and 30 kW connectors, has been set at Spencer Plaza here, and would cater to compatible four-wheelers irrespective of brand and model, a company release said. "As we celebrate 28 years of HMIL in India, we are delighted to inaugurate our first ever 180 kW fast public charging station in Chennai. In line with Hyundai's vision of 'Progress for Humanity', we aim to enhance convenience of all EV users, and hence our charging stations can be utilised by any four-wheeler EV user. HMIL envisages to install 100 charging stations across Tamil Nadu, to enhance the EV ecosystem and motivate more customers towards EV adoption across the state," Jae Wan Ryu, Executive Director - Corporate ...

Hyundai Motor India's total sales rise 14% in June; exports rise 17.2%

Hyundai Motor India Ltd (HMIL) on Friday reported a 14.5 per cent increase in its total sales at 62,351 units in June. The company had sold a total of 54,474 units in the same month last year, HMIL said in a statement. Domestic sales stood at 49,001 units last month as compared with 40,496 units in June last year, a growth of 21 per cent, it added. Exports stood at 13,350 units as against 13,978 units in the year-ago month, down 4.5 per cent. "With the semiconductor situation showing signs of easing out, the sales numbers have again started showing a positive trend," HMIL Director (Sales, Marketing and Service) Tarun Garg said. Further, he said, the newly launched Hyundai Venue has also received good customer response.

Hyundai to create new US affiliate after $10.5 bn investment pledge

Hyundai Motor Group said on Thursday it is setting up a new investment affiliate in the US, in a follow-up to its pledge to invest $10.5 billion in the world's largest economy.

Hyundai's shares nosedive on German raid over defeat car devices

Shares in Hyundai Motor and its affiliate Kia plunged on Wednesday, as German authorities raided the carmakers' local offices over suspicions they had installed defeat devices on some of their combustion cars.

Hyundai Electronics eyes Rs 600 cr turnover in FY20; to shun ecommerce

The company has forayed into the fast growing Indian consumer electronics segment, which is pegged at more than Rs 60,000 crore and growing in double digits

Hyundai Electronics to foray into Indian consumer durables market

Hyundai Electronics sees immense headroom for growth in the consumer durable industry which is expected to grow to Rs 3 trillion by 2020, at 41 per cent CAGR between 2017 and 2020