Search Results Found For: "Hyundai "

Infineon to supply semiconductors for Hyundai and Kia EVs

Hyundai and Kia have entered a supply agreement with semiconductor manufacturer Infineon Technologies to secure power semiconductors for EVs. Hyundai and Kia will buy automotive power semiconductors such as diodes, insulated-gate bipolar transistors (IGBTs) and silicon carbide (SiC) power modules for their electric, hybrid and plug-in hybrid models. Infineon will supply the companies with power… Read more »

Samsung SDI to supply EV batteries to Hyundai Motor

South Korean EV battery manufacturer Samsung SDI has signed an EV battery supply deal with Hyundai Motor. Samsung SDI will supply prismatic batteries for Hyundai Motor’s EVs targeting the European market from 2026 to 2032. Hyundai Motor will use sixth-generation Samsung SDI P6 prismatic batteries. The P6 cell features a nickel cobalt aluminum (NCA) cathode… Read more »

As others cry the blues, Hyundai announces record profit, keeps EV plans on track

While some legacy automakers whine that they can’t make a profit on EVs, and others cling to 20th-century tech such as hybrids and hydrogen, Hyundai is getting on with the business of selling EVs—and making a tidy profit, thank you. Hyundai Motor, which includes the Hyundai, Kia and Genesis brands, recently posted third-quarter financial results…. Read more »

Hyundai offers EV customers complimentary charger and installation assistance

For a limited time, Hyundai is offering customers who buy or lease selected new models a complimentary ChargePoint Home Flex Level 2 charger and up to $600 off installation through Electrum using Hyundai Home Marketplace. The offer is subject to conditions, and applies to the 2023 or 2024 IONIQ 5, 2023 or 2024 IONIQ 6… Read more »

Hyundai and LG Energy Solution invest additional $2 billion in Georgia battery plant

Hyundai and South Korean-headquartered battery maker LG Energy Solution (LGES) have announced a $2-billion expansion of their battery cell manufacturing joint venture at Hyundai’s EV Metaplant in Bryan County, Georgia, bringing the total investment value of the JV to $4.3 billion. At full operational capacity, the 30 GWh facility is expected to support annual production… Read more »

Owners of Hyundai, Kia and Genesis EVs sue over alleged defect that causes charging failure

Automotive law firm Hagens Berman has filed a nationwide class-action lawsuit on behalf of owners of the Hyundai Ioniq 5, Hyundai Ioniq 6, Genesis GV60 and Kia EV6. The lawsuit, which was filed in the US District Court for the Central District of California, alleges that the vehicle charging ports frequently overheat in as little… Read more »

Advertising watchdog bans Toyota and Hyundai EV ads over charging time claims

Seemingly every press release about an EV or charging station includes a claim about charging time. “It can charge from X to X% in X minutes…” This is understandable, because it’s the first thing most potential EV buyers ask about (once they become actual EV owners, the fixation on charging time tends to fade). However,… Read more »

2023 Hyundai Ioniq 6: Korean Model 3 clone, or something else altogether?

Battery-electric sedans are a rare breed— that makes Hyundai’s striking Ioniq 6 a strong new entry. Quick, name all the battery-electric sedans for sale in the US—that aren’t Teslas. By our count, there’s only been one: the pricey, luxury Lucid Air.  Now, there’s another: the 2023 Hyundai Ioniq 6 is on sale at your local… Read more »

Hyundai and LG Energy Solution partner on US battery manufacturing facility

Hyundai Motor Group and South Korea-based battery manufacturer LGES have signed an MOU to produce EV batteries in the US at a location in Bryan County, Georgia, adjacent to Hyundai’s Metaplant America currently under construction. Hyundai and LGES will each hold a 50% stake in the JV, which will involve an investment of more than… Read more »