Hyundai Motor and Kia on Monday entered into a strategic partnership with leading battery company Exide Energy, as part of their electric vehicle (EV) expansion plans in India.
Hyundai launched its first EV model, the BlueOn, which was based on the i10 mini car, in the domestic market in July 2011.
Hyundai Motor Group's autonomous vehicle joint venture in the US plans to manufacture its self-driving electric vehicles in the group's newly launched innovation hub in Singapore, the company said on Wednesday.
Hyundai Group Chairwoman Hyun Jeong-eun will step down as chair of the board of directors at the group's elevator unit next month to help improve its governance structure, the company said on Friday.
Hyundai debuted the Ioniq 5 N, the first high-performance EV model of the company's N brand aimed at the North American market.
In 2022, Hyundai aims to sell 4.32 million vehicles, 10 percent higher than its sales of 3.89 million units a year ago.
Powered by a 1-litre turbo petrol engine delivering power of 88.3 kW, the Hyundai i20 N Line has been introduced in N6 and N8 variants
Elaborating further Hyundai Motor India Director (Sales, marketing and Service) Tarun Garg told PTI that i20 already has a very strong Motorsports legacy
Geography-wise, the domestic sales rose to 40,496 units from 21,320 units reported for the corresponding period of last year.
The auto major, which has already reopened its 338 showrooms and 452 workshops, believes that the online sales strategy has attained traction in the auto industry.
