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Uber teams up with Hyundai Motor to develop small electric-flying cars
Posted on 7th January 2020

US ride-hailing company Uber Technologies Inc and South Korean automaker Hyundai Motor have teamed up to develop electric air taxis, joining the global race to make small self-flying cars to ease urban congestion.

Global players like Germany's Daimler , China's Geely Automobile and Japan's Toyota have all unveiled investments in startups that aim to deploy electric flying cars capable of vertical takeoff and landing.

Hyundai plans to bring fuel cell cars to India, Nexo could be first launch
Posted on 5th December 2019

Korean auto major Hyundai is planning to bring fuel cell electric vehicles to India. The company has already started a feasibility study as part of the plan.

Hyundai Nexo, which is already available in many markets, could be the first launch. The company claims Nexo is the world's first dedicated hydrogen-powered SUV and that it has a range of close to 380 miles, highest for any fuel-cell or electric vehicle in the market.

Hyundai plans $51 billion investment in 6 years with focus on e-vehicles
Posted on 4th December 2019

Hyundai Motor plans to invest about 61.1 trillion won ($51.81 billion) between 2020 and 2025, about one-third of the expenditure focused on electric and autonomous vehicles, the company said on Wednesday.

The South Korean carmaker unveiled a Strategy 2025 roadmap that envisaged annual average spending of 10 trillion won, higher than previous years, and up from a 2018 figure of 6.1 trillion won.

Kia, Hyundai's $300 mn funding in Ola, Ola Electric gets CCI approval
Posted on 31st October 2019
NEW DELHI : The Competition Commission of India (CCI) has approved a proposed $300 million investment by Hyundai Motor Company (HMC) and Kia Motors Corporations (KMC) for stake acquisition in ANI Technologies, which operates ride-sharing company Ola and Ola Electric, under the Competition Act, 2002.

Hyundai Motor India FY19 profit rises 21.5%
Posted on 23rd September 2019
Hyundai Motor India (HMI), the country’s second-largest automaker, expanded its profits by 21.5% to Rs 2,582 crore in the previous fiscal. The profit growth is much better than that of market leader Maruti Suzuki, which reported a 3% decline to Rs 7,500 crore for the year ended March 31, 2019.

A product mix which includes high-segment cars like Creta and next gen Verna ensured a healthy profit growth in FY19. Hyundai also relaunched hatchback Santro in October 2018.

Hyundai to stick to diesel plan
Posted on 26th August 2019
Korea’s Hyundai will continue to make diesel cars in India at least for another 10 years even as rival Maruti has decided to stop using diesel powertrains by 2020.

“Diesel will be sustainable. It will be available till 2030 at least. But if you ask me if it will be sustainable after 50 years from now, I cannot predict,” J.R. Chun, director, engine performance testing, Hyundai Motor Co, said at the launch of the Hyundai Grand i10 NIOS in New Delhi last week.

Frankfurt Motor Show: The future of Hyundai’s electric vehicle design
Posted on 24th August 2019
At the forthcoming IAA Frankfurt Motor Show (September 10-22), Hyundai Motor will display the company’s focus towards the future direction of car design. Inspired by looking back at the brand’s first model in the 1970s, the ‘45’ fully-electric concept car will act as a symbolic milestone for Hyundai’s future EV design.

Hyundai drives in all-new Grand i10 NIOS
Posted on 21st August 2019
Hyundai, India's second-largest car manufacturer, has launched its all-new hatchback Grand i10 NIOS priced between Rs 4.99 lakh and Rs 7.99 lakh.

NIOS is the third generation of i10 series to be launched in India. The car is available in two engine options, 1.2l petrol engine, which is BS VI-compliant and 1.2l diesel engine. The engine is the company's first BS-VI petrol engine in India.

Hyundai Motors to showcase electrified prototype displaying this concept
Posted on 17th August 2019
Hyundai Motor Company will provide a glimpse into the future of mobility at the 2019 Frankfurt International Motor Show (the IAA, or Internationale Automobil-Ausstellung)—the world’s largest motor show that takes place from September 10-22. The company will showcase its full electric design concept envisioning its future EV design direction. The brand will also give a public world premiere to the all-new i10 and Hyundai Motorsport will unveil its first ever electric racing car.

Hyundai Motor India unveils Grand i10 Nios, open bookings
Posted on 8th August 2019
Hyundai Motor India on Wednesday unveiled the first glimpse and announced the name of its new hatchback, the Grand i10 Nios. The overall design theme of Grand i10 Nios is focussed to create an advanced hatchback with cues from Indian architecture. The name ‘Nios’ means ‘more’ and depicts the persona of the athletic millennial offering more value, more features, more space and more excitement.

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