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Earlier this week, Apple announced that it will ditch its decade-long electric car project, saying more resources will be poured into artificial intelligence in the future. An Apple-made electric car had long been a buzzword across industries. Carmakers had braced for a direct threat, while tech rivals had started working on their own car projects. But Tuesday’s surprise announcement was a reality check moment . ....
Hyundai Motor Group might not receive full tax credits from the US for setting up an electric vehicle manufacturing plant in the state of Georgia, although it made hefty investments in the new production base, media reports said Wednesday. According to the Korea-based news outlet, Seoul Economic Daily, the US Department of Energy is putting off responding to the carmaker’s request to apply the maximum 30 percen. ....
SEOUL (ANN/THE KOREA HERALD) – Hyundai Motor Group announced the establishment of a new research and development division on Wednesday, consolidating multiple teams from its affiliates to advance the development of software-defined vehicles. The newly formed Advanced Vehicle Platform Division brings together three software development units, including the in-house SDV division and two distinct teams […] ....
Hyundai Motor Group said Wednesday it has set up a new research and development division in its push for software-defined vehicles by combining several teams across the auto giant's affiliates. The Advanced Vehicle Platform Division integrates three software development units its in-house SDV division and two separate teams at the carmaker’s research centers. Other teams working on the next-generation a. ....
A group of 33 US senators on Thursday called on Hyundai Motor Group and 12 other auto manufacturing companies not to interfere with the United Auto Workers’ ongoing efforts to unionize at their US plants. Democrats Gary Peters, Ron Wyden, Dick Durbin and others signed a letter and sent it to top executives at Hyundai Motor Group, Tesla, Toyota, Volkswagen, Mercedes-Benz, BMW, Rivian and others, urging them to r. ....