There are more than 100 suppliers that have been working with Hyundai Motor Group for more than 40 years, the auto giant’s recent shared growth report found Sunday. As of the end of last year, Hyundai and Kia, the two Hyundai brands, have been doing business with 105 suppliers for over four decades, which compared to 95 suppliers in 2022. The figures represent primary parts suppliers and exclude the group&rsquo.
Hyundai Motor Group has inked a 147-megawatt power purchase agreement with Matrix Renewables, a Spanish renewable energy company, to power its electric vehicle plant currently under construction in the state of Georgia, the Korean auto conglomerate said Monday. According to Hyundai Motor, the deal marked the largest single PPA signed by a Korean company in the US. The conglomerate’s four companies Hyundai Mo.