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Hyundai unveils versatile commercial EV platform

Hyundai Motor Company launched its new ST1 series of electrified, purpose-built vehicles for commercial use on Tuesday, aiming to diversify and enhance the efficiency of commercial vehicles for both logistics applications and beyond. An open API-based software platform -- a first for Hyundai vehicles -- is a standout component of the series, which expands the possibilities of today's commercial vehicles by prov...

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Reliance, JSW in fray for 10 Gwh ACC Battery PLI

The Ministry of Heavy Industries announced on Tuesday that it has received bids from seven players for the re-bidding tender of the 10 gigawatt-hour (Gwh) tranche of the Advanced Chemistry Cell (ACC) manufacturing production-linked incentive (PLI).

'The list of bidders (in alphabetical order) who have submitted bids in response to this tender are ACME Cleantech Solutions, Amara Raja Advanced Cell Technologies, Anvi Power Industries, JSW Neo Energy, Reliance Industries, Lucas TVS, and Waaree Energies for a cumulative capacity of 70 Gwh,' the ministry said in a statement.

After the re-auctioning for the manufacturing unit was announced in January, the pre-bid meeting was held on February 12, the ministry said.

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SES AI, Hyundai Motor and Kia Agree to Enter the Next Phase of Their Joint Development Contract

This agreement marks two world firsts for SES AI: It is the first time a Lithium-Metal battery manufacturer has agreed to build a line within an automotive OEM’s facility, and it makes SES AI the...

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Hyundai launches Nano Cooling Film to chill hot cars

Hyundai launches Nano Cooling Film to chill hot cars
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SES AI Hyundai Motor and Kia Agree to Enter the Next Phase of Their Joint Development Contract

SES AI Corporation today announced that it signed an agreement to enter the next phase of its existing joint development agreement JDA with Hyundai Motor Company Hyundai Motor and Kia Corporation Kia to start developing B samples.

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Kia Teases EV3 Electric Crossover In Unusual Video

Kia Teases EV3 Electric Crossover In Unusual Video
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Beat the Heat: Hyundai Motor's Innovative Nano Cooling Film to Help Customers Keep Cool this Summer

Beat the Heat: Hyundai Motor's Innovative Nano Cooling Film to Help Customers Keep Cool this Summer
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battery PLI: JSW, Reliance, TVS place bids for battery PLI sops

JSW Neo Energy, Reliance Industries, Lucas TVS, ACME Cleantech, Amara Raja, Anvi Power, and Waaree Energies have participated in a production linked incentive (PLI) auction for new-age battery manufacturing capacity in India. The companies bid for a cumulative capacity of 70 Giga Watt hours (GWh), with sops available only for 10 GWh. Technical bids for Rs 3,620 crore of PLI were opened.

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Hyundai Card issues $500m uni-tranche Reg S bond

The financial arm of Hyundai Motor Group is also planning for regular bond issuances in several local currencies, including Japanese yen.

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