Hyundai
Hyundai and Toyota Join Forces to Boost Racing Culture, Toyoda Wows with Drift Display
October 28, 2024 – Hyundai Motor and Toyota Motor co-hosted the inaugural “Hyundai N x Toyota GAZOO Racing Festival” in South Korea on the 27th, aiming to jointly promote the development of racing culture. For the first time, Hyundai Motor’s Chairman Chung Euisun and Toyota Motor’s Chairman Akio Toyoda appeared together on stage. The latter…
Hyundai Begins Production of Electric Vehicles at Alabama Factory
Hyundai has begun producing electric vehicles at its Alabama factory in response to the US government’s new EV subsidy plan. The scheme limits a $7,500 purchase rebate to EVs made in North America, making Hyundai, which had no US-made EVs, ineligible. However, the automaker has now started assembling the electric version of its Genesis GV70…
Hyundai Motor Group Sells Over 100,000 Electric Vehicles in the US Market
Hyundai Motor Group, which includes Hyundai, Kia, and Genesis brands, has sold over 100,000 electric vehicles in the US market after 8 years, according to industry data. As of the end of January this year, the three brands have sold a total of 104,326 electric vehicles in the US. Kia has been the best-selling brand,…