hyundai News Updates

BusinessFuel

Deal for $5.5B Hyundai EV Plant in Georgia Nears Final Approval

SAVANNAH, Ga. — The local economic development agency that worked with Georgia officials in recruiting Hyundai Motor Group to build a $5.5 billion electric car plant near Savannah approved its portions of the deal July 19, though details of tax breaks and other incentives have yet to be disclosed.

July 19, 2022
GovernmentBusinessTechnologyEquipment

Hyundai Announces $5.5 Billion EV Plant in Georgia

ELLABELL, Ga. — Hyundai Motor Group confirmed May 20 the company will spend $5.5 billion on a huge electric vehicle plant near Savannah that will employ thousands — a deal Georgia’s governor called the largest economic development project in the state’s history.

May 20, 2022
GovernmentBusinessTechnologyFuel

Hyundai Expected to Announce $7 Billion EV Plant in Georgia

ATLANTA — South Korean automaker Hyundai Motor Group is expected to announce next week that it is building an electric vehicle plant near Savannah, Ga., according to a U.S. official familiar with the anticipated announcement.

May 13, 2022
BusinessTechnologyEquipment

Hyundai Translead Launches HT LinkSense

CLEVELAND — Trailer maker Hyundai Translead unveiled a smart trailer system called HT LinkSense, which is intended to provide connectivity for all sensor and telematics providers.

September 14, 2021
BusinessTechnologyEquipment

Hyundai Translead Picks TNT Sales for Missouri Branch of Dealer Network

Hyundai Translead has selected TNT Sales as its dealer for the state of Missouri.

August 23, 2021
BusinessEquipment

April Trailer Orders Drop to 10-Month Low; Costs, Cancellations Rise

U.S. trailer orders in April were just above 14,000, the lowest volume in 10 months as cancellations increased and backlogs continued to extend into 2022, ACT Research reported.

May 20, 2021
BusinessTechnologyFuel

Cars on Hyundai’s Electric Platform Can Charge 80% in 18 Minutes

Hyundai Motor Group plans to build 23 electric vehicles on its new EV-dedicated platform, and is aiming to sell 1 million of the cars worldwide by 2025, the South Korean automaker said Dec. 2.

December 2, 2020
BusinessTechnologyEquipmentFuel

Hyundai Readies Fuel Cell Truck for US Market

Hyundai Motor Co. said it would expand its fuel cell truck sales efforts to the U.S. and China and significantly increase production over the coming year.

October 7, 2020
BusinessTechnologyAutonomous

Hyundai, Aptiv Dub Autonomous Venture ‘Motional,’ Increase Hiring

Hyundai Motor Group and Aptiv Plc are giving their $4 billion autonomous-driving joint venture a new name and going on a hiring spree to stay competitive in the race to develop self-driving cars.

August 11, 2020
GovernmentBusinessTechnologyFuel

Hydrogen Cars a Step Closer in Sydney After Hyundai Supply Deal

Hydrogen-powered vehicles could soon be more common on the streets of Australia’s biggest city after Hyundai Motor Co. reached a supply deal for the zero-emission fuel with local producers.

August 10, 2020