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☆ Hyundai Motor to adopt Tesla EV-charging standard from 2024 in US
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsSEOUL, Oct 5 (Reuters) - Hyundai Motor Co (005380.KS) said on Thursday it has decided to adopt Tesla Inc's (TSLA.O) electric vehicle (EV) charging technology in the United States and Canada. That will give Hyundai EVs with NACS ports access to more than 12,000 Tesla Superchargers across the United States, Canada, and Mexico, the company said. Owners of existing and future Hyundai EVs with the current CCS will have access to the Tesla Supercharging Network starting in the first quarter of 2025. In June, Hyundai Motor said it would consider making its vehicles more readily compatible with the NACS charging system. Tesla's NACS is widely available, with the U.S. Department of Energy saying they make up about 60% of the fast chargers in the United States.

Persons: Andrew Kelly, Tesla, Hyundai's, Elon, company's superchargers, Jose Munoz, NACS, Heekyong Yang, Christian Schmollinger Organizations: Hyundai Kona, New York, REUTERS, Rights, Hyundai, Ford, General Motors, Nissan, Hyundai Motor, Hyundai Motor's, Global, CCS, Tesla Supercharging Network, U.S . Department of Energy, Volkswagen, Kia Corp, BMW, Thomson Locations: Manhattan , New York City, U.S, Rights SEOUL, KS, United States, Canada, Mexico

☆ Hyundai and Kia to adopt Tesla's EV charging tech next year
▼ + stars: | 2023-10-05 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +1 min

Hyundai Motor and Kia announced Thursday they will soon adopt Tesla's electric vehicle charging system, beginning in the fourth quarter of 2024 in the United States. Hyundai and Kia join others like Ford and General Motors to integrate the Tesla charging ports, called North American Charging Standard, into their electric vehicles, allowing drivers to use any Tesla charging stations. The charging tech has gained steam in recent months toward becoming a unified charging standard among electric vehicle makers. "Our collaboration with Tesla marks another milestone in our commitment to delivering exceptional EV experiences to our customers," said José Muñoz, president and global COO of Hyundai. Additionally, owners of current Hyundai and Kia electric vehicle models will be able to access Tesla Superchargers using adapters beginning in the first quarter of 2025.

Persons: Tesla, José Muñoz, Mary Barra Organizations: Hyundai Motor, Kia, Hyundai, Ford, General Motors, South Korean, Hyundai EV Locations: United States, U.S, Canada, Mexico, North America

☆ Hyundai explains how it plans to become one of the world's top three EV makers by 2030
▼ + stars: | 2023-05-11 | by ( Sheila Chiang | ) www.cnbc.com time to read: +3 min

Hyundai Motor Group, whose brands include Hyundai, Kia and Genesis, nabbed sixth place in SNE Research's global EV sales ranking for 2022. It delivered 510,000 EV units last year, up 40.9% from 2021, according to SNE Research. We have another EV, Ioniq 7, the three-row largest SUV, in our pipeline for next year. Revenue climbed 24.7% year-on-year, from 30.3 trillion won to 37.78 trillion won. Domestically, Hyundai said it plans to invest 24 trillion won in South Korea's EV industry by 2030.

☆ Hyundai starts EV subscriptions for those who only need a car sometimes
▼ + stars: | 2023-02-10 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +3 min

Users can reserve Hyundai electric vehicles using a smartphone app. Porsche also has a car subscription program available in 14 cities, according to Porsche’s web site. However, the Hyundai Evolve+ program doesn’t include any support for charging such as help installing a home charger or included access to public chargers. “We’re currently exploring ways to include the charging with the subscription,” Hyundai spokesman Miles Johnson said in an email. “It also could be a way to help drive the adoption of electric vehicles, providing EV intenders a platform to test electric vehicles without the long-term commitment.”

☆ Analysis: Ford, VW pop the automated-vehicle bubble with Argo AI exit
▼ + stars: | 2022-10-26 | by ( Paul Lienert | ) www.reuters.com time to read: +4 min

DETROIT, Oct 26 (Reuters) - The road map to fully self-driving vehicles is being rewritten once again, this time by Ford Motor Co (F.N) and Volkswagen AG (VOWG_p.DE). VW also bought Argo shares from Ford for $500 million. Ford previously injected $1 billion into Argo when it bought control of the company in 2017. Before it acquired the stake in Argo, VW flirted with at least two other U.S.-based self-driving startups: Alphabet Inc's (GOOGL.O) Waymo and Aurora Innovation (AUR.O). VW reportedly considered a $13.7 billion investment in 2018 in Waymo for a 10% stake that would have valued Waymo at $137 billion.

☆ UAW wants U.S. to bar loans, subsidies for Hyundai over workplace issues
▼ + stars: | 2022-10-21 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Oct 21 (Reuters) - The United Auto Workers (UAW) union on Friday called on the Biden administration not to award any subsidies, loans or other taxpayer support until Hyundai Motor (005380.KS) agrees to address workplace issues. A Reuters investigative report in July documented children, including a 12-year-old, working at a Hyundai-controlled metal stamping plant in rural Luverne, Alabama, called SMART Alabama, LLC. The union called on Hyundai to instead "improve working conditions for the U.S. workers who make Hyundai vehicles." Hyundai is lobbying the Biden administration to revise a law approved in August that immediately barred electric vehicles outside North America from receiving $7,500 consumer tax credits. The UAW has previously sparred with Hyundai and unsuccessfully sought to organize workers at its Alabama plant and at other foreign-owned auto plants.

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