In an effort to foster clean mobility, the two companies signed a MoU to collaborate on R&D for tire technologies over the next three years.
The new facility, a $5.54 billion investment, will break ground in early 2023 and is expected to begin commercial production in the first half of 2025 with an annual capacity of 300,000 units.
The companies will explore 3D object detection, expanding their current work on recognizing road signs to include other objects like pedestrians or cyclists.
Firefly and Hyundai Motor America partner to create a pilot program called Hyundai Drive by Firefly, which offers rideshare fleets and drivers income potential of up to $3,600 per year.
Hyundai introduced its latest electric crossover utility vehicle, the IONIQ 5 EV, with two battery pack options and a multitude of other features with a starting MSRP of $39,700.
Hyundai’s IONIQ 5 beat out BMW’s iX and Mercedes-Benz’s EQS and was awarded 2022 German Car of the Year in the “New Energy” category.
Hyundai's SUV concept SEVEN was showcased on stage in front of a video presentation at AutoMobility LA in the Los Angeles Convention Center.
Hyundai reaches an agreement with Shell for hydrogen infrastructure development in California and has plans to build two new fuel cell plants in Korea.
ICYMI: A roundup of trucking industry news from Plus, Kodiak Robotics, TuSimple, SEA Electric, Shell, Daimler and Hyundai.
Hyundai Motor and Kia plan to build American-made battery electric vehicles with Hyundai's U.S. facility beginning EV production in 2022.
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