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Wednesday 22 January 2025
Hyundai EVs lose US subsidy eligibility under new IRA rules
Hyundai Motor's electric vehicles (EVs) were removed from the US government's electric vehicle subsidy list in late January 2025, just weeks after being included at the start of the...
Monday 13 January 2025
Hyundai invests record US$16 billion in South Korea to accelerate EV, SDV development
Hyundai Motor Group has announced a historic investment of KRW24.3 trillion (approx. US$16.655 billion) in South Korea, marking the largest investment in the company's history. The...
Tuesday 24 December 2024
Hyundai restructures Semiconductor Strategy Group, pivots to in-house autonomous chip strategy
Hyundai Motor Group has reportedly disbanded its Semiconductor Strategy Group (the Group), a key division tasked with driving the company's in-house development of automotive semiconductors...
Thursday 5 December 2024
India reportedly to expand incentive to attract EV manufacturers
India plans to broaden its electric vehicle incentives to include automakers producing EVs at existing factories, moving beyond its initial focus on new facilities. The revised policy...
Monday 11 November 2024
SK On achieves first-ever profit, powered by 4 key success factors
SK On, SK Innovation's battery manufacturing subsidiary, posted its first quarterly operating profit of KRW24 billion (approx. US$17.19 million) since becoming independent in October...
Tuesday 5 November 2024
Toyota, Hyundai chiefs signal potential alliance in racing event, fueling EV cooperation speculation
Toyota Motor Chairman Akio Toyoda and Hyundai Motor Group Chairman Euisun Chung's historic first public meeting in South Korea has sparked speculation about potential collaboration...
Monday 28 October 2024
Hyundai's IPO in India highlights ambition to boost EV production and export hub strategy in India
Hyundai Motor's Indian subsidiary (HMIL) has officially listed in India, raising US$3.3 billion in the country's largest IPO to date. Hyundai plans to leverage India's position as...
Wednesday 16 October 2024
Global autonomous vehicle race heats up: Hyundai plays catch-up amid US and China dominance
The global autonomous vehicle market is rapidly evolving, with companies like Tesla, Waymo, and Zoox leading innovation in technologies and services. As Chinese firms join the competition,...
Friday 4 October 2024
Hyundai Motor launches ambitious battery production strategy
Hyundai Motor has unveiled its battery self-production plan, marking a significant step into in-house electric vehicle (EV) battery manufacturing. With several automakers, including...
Wednesday 28 August 2024
HMG's US EV sales rank second behind Tesla, tops 10% market share
Despite recent slowdowns in the electric vehicle (EV) market, Hyundai Motor Group (HMG) continues to perform strongly in the United States. The group has secured a 10% market share,...
Wednesday 28 August 2024
LG Electronics reportedly advances plans for Indian IPO
Rumors have circulated about LG Electronics considering an IPO for its Indian unit, with reports indicating that the company is actively consulting investment banks for the potential...
Wednesday 7 August 2024
Hyundai's high-tech edge helps South Korea dominate Olympic archery
South Korea's archery teams captured gold in both men's and women's events at the Paris 2024 Olympics, but their success wasn't just due to traditional training methods. Behind their...
Monday 29 July 2024
Samsung invests in AI chip startups DreamBig and Axelera AI
Samsung Electronics is ramping up investment efforts in AI chip startups to strengthen its competitiveness in new-generation AI semiconductor technologies.
Friday 19 July 2024
Hyundai Motors to propel hydrogen bus expansion with 300 new charging stations
Hyundai Motor is set to reshape South Korea's eco-friendly bus market by significantly bolstering its hydrogen bus business. The automaker plans to make a substantial investment in...
Friday 12 July 2024
Tesla's EV dominance slips as US market diversifies
Tesla's global Electric Vehicle (EV) deliveries have declined for two consecutive quarters, a trend reflected in the US market.
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research