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 »
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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 »
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 announces investment plans for EV production
The Hyundai Motor Group plans to invest $18 billion in its domestic EV industry by 2030. The funding will be used to increase production and exports and to foster EV-related industries. The Group announced plans to expand its annual EV production in Korea to 1.51 million units and global volume to 3.64 million units by… Read more »
Hyundai’s 2023 IONIQ 6 achieves range of 361 miles in EPA testing
The new 2023 Hyundai IONIQ 6 has completed final EPA testing. Different trim levels earned different estimated range figures, but the star of the show was the IONIQ 6 SE RWD Long Range variant, which achieved an EPA-estimated range of 361 miles. The EPA testing also awarded a 140 combined MPGe rating to the IONIQ… Read more »
Hyundai and Michelin to develop next-gen tires for EVs
Hyundai and Michelin have signed a memorandum of understanding to develop next-generation tires optimized for EVs. The agreement is a follow-up to a five-year partnership the companies formed in 2017 to jointly develop an exclusive tire for Hyundai’s IONIQ 5 and to carry out experiments related to tires. Over the next three years, the companies… Read more »
Hyundai discontinues Ioniq hybrid and PHEV
Hyundai’s Ioniq hatchback exemplified an earlier generation of electrified vehicles. It was offered in three different powertrain variants: hybrid, plug-in hybrid and pure EV. Now, the more forward-looking automakers, of which Hyundai is one, are realizing that a “clean-sheet” dedicated EV platform is best. Hyundai dropped the Ioniq Electric in the US after the 2021… Read more »
Hyundai to build EV assembly and battery factory in the US
Hyundai COO Jose Muñoz announced at the recent at the New York International Auto Show that his company will build a factory in the US for electric vehicle assembly and batteries. Automotive News reports that Hyundai plans to invest $300 million and create 200 new jobs at the plant. The automaker will choose a location… Read more »