Hyundai

Hyundai Car

Hyundai Motor to Invest $2.45 Billion in Tamil Nadu to Boost EV Production

Hyundai Motor, the South Korean automaker, is set to invest in the Indian state of Tamil Nadu. With a planned investment of $2.45 billion over the next decade, Hyundai aims to boost electric vehicle (EV) production in India, which is currently the world’s most populous country. The investment will involve …

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SK On

Hyundai, SK On sign agreement for EV battery partnership in US

In order to supply batteries for its dedicated electric vehicle (EV) facility in the United States, Hyundai Motor Group announced on Tuesday that it has struck a preliminary agreement with automotive battery manufacturer SK On. A memorandum of understanding for the supply of batteries and future business opportunities in the …

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