Page 3 - Hyundai

Hyundai teams up with IndianOil to test hydrogen fuel cell in India

Hyundai Motor India Ltd on Tuesday said it has partnered with Indian Oil Corporation Ltd to explore viability for mass-use of Hydrogen fuel cell vehicles in India. The company has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation, under which it has handed over one Hyundai NEXO Hydrogen FCEV to IndianOil for conducting real-world tests on Indian roads, Hyundai Motor India Ltd (HMIL) said in a statement. During the two-year trial period, HMIL and IndianOil will evaluate longevity and operational reliability over an estimated distance of 40,000 km, it added. A Total Cost of Ownership (TCO) assessment, including periodic maintenance, will also be conducted to provide critical insights into the long-term economic and environmental benefits of adopting hydrogen-powered vehicles for the Indian market, the company said. HMIL Managing Director Unsoo Kim said through the partnership with Indian Oil Corporation, the company aims to combine world-class Hydrogen fuel cell

Donald Trump announces Hyundai's $5.8 billion US Steel investment

He emphasised the significance of the move, calling Hyundai "one of the largest companies in the world" and highlighting that the steel mill will supply Hyundai's auto plants in Alabama and Georgia

GM, Hyundai in talks to share pickups, electric vans in North America

Both automakers also face geopolitical tensions heightened by tariffs being levied or threatened by US President Donald Trump, which could curtail their ability to use imported components

Hyundai's Rs 31,526 crore related-party transactions under scrutiny

Proxy advisory firms divided over supporting the transactions

India vital to Hyundai's 2 mn EV goal by 2030, says CEO Jose Munoz

He highlighted that the company is committed to increasing investments in EVs and advanced technology with a customer-centric approach

Hyundai India aims to be production hub for exports to emerging markets

Hyundai Motor India is looking to position itself as a manufacturing hub for exports for emerging markets like Africa and neighbouring nations, according to a top company executive. The company, which is looking to diversify its export markets as it continues to face challenges regarding shipments to regions like the Middle East due to the Red Sea and other geopolitical issues. "We are positioning the company as a production hub for emerging markets. We are manufacturing and exporting our cost-optimised vehicle to the emerging markets," Hyundai Motor India MD Unsoo Kim told PTI. He noted that the automaker has a balanced mix of domestic and export volume, which gives it not only good profit but also a natural hedge against any market fluctuation. "We have a very suitable product line up for emerging markets," Kim said. Hyundai witnessed growth in almost all regions like Africa, Mexico and Latin America, he said. "However, the Middle East continued to face headwinds due to the Red

Hyundai India completes 25 years of exports; crosses 3.7 million mark

The company began exports in 1999 and has covered over 150 nations. It currently exports to more than 60 countries

Hyundai Q3 results: Net profit falls 19% to Rs 1,161 crore on demand dip

Firm eyes 20% share in EV market

Hyundai Motor forecasts slowing revenue growth in 2025 after Q4 miss

Hyundai reported operating profit of 2.8 trillion won ($1.95 billion) for October-December as it spent more on promotions in a slowing car market

India's flagship auto show sees 26 EV launches, charging infra in focus

Maruti Suzuki plans to ready 1,500 EV-enabled service workshops across 1,000 cities; Hyundai plans to localise the EV supply chain through battery packs

Hyundai, Swiggy may join Nifty Next 50 amid index rebalancing changes

The Nifty Next 50 index is regarded as a pool of potential candidates for the flagship Nifty 50 index

Maruti Suzuki e Vitara electric SUV unveiled at Bharat Mobility Expo 2025

The new Maruti Suzuki e-Vitara has made its debut at the Bharat Mobility Global Expo 2025 and will go on sale in March 2025

Hyundai Motor India expects passenger EV market to double in 2 years

Hyundai India's Chief Operating Officer Tarun Garg says an improving ecosystem may help passenger EV penetration touch 17 per cent by 2030 from the current 2.4 per cent

Hyundai Creta Electric interiors revealed ahead of Jan 17 launch: Details

Hyundai India has been gradually revealing details of Creta Electric ahead of its launch, giving us an idea of what the new EV will look like on the inside and its feature offerings

Hyundai Motor to invest record $16.7 billion in South Korea this year

The planned investment by Hyundai Motor Group includes 11.5 trillion won in research and development for next-generation products

Hyundai introduces new variants, features upgrades for popular models

The new offerings come at a time when Hyundai has recorded its highest-ever yearly domestic sales of 6,05,433 units

Hyundai Creta EV: More specs unveiled ahead of Bharat Mobility Expo launch

Hyundai India has unveiled details about the new Creta Electric's interior, showcasing a feature-rich cabin with a twin-screen setup, and advanced tech like Level 2 ADAS and Bluelink connectivity

All about the new Hyundai Creta Electric

Hyundai India has taken the wraps off the new Creta Electric ahead of its public debut at the upcoming Bharat Mobility Global Expo 2025.

Bharat Mobility Expo 2025: Key launches from 34 automakers and 800+ OEMs

Looking to upgrade your car? Block your dates for Bharat Mobility Expo 2025. With record participation, massive footfall, and exciting launches, this event will showcase the best machines on wheels

Hyundai to increase car prices by up to Rs 25,000 amid rising costs

A disruption in global shipping routes, particularly along the Red Sea, has resulted in an increase in container rates in 2024 compared to the previous year