Hyundai to invest $21 billion in clean vehicles and new technology

Clean Vehicles - Huge Investment

Automaker will be investing heavily in artificial intelligence and new technologies South Korean automaker Hyundai has announced that it will be investing $21 billion over the next five years. This funding will be used to improve clean technology and aid the development of self-driving vehicles. The company has taken a strong interest in clean transportation and is among the first to have introduced a vehicle equipped with a hydrogen fuel cell to the global market. Now, Hyundai plans to continue its work with clean vehicles while also increasing its focus…

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Hyundai has big plans for new electric vehicles

electric Vehicles - Electric Car being charged

Automaker is beginning to place more focus on electric vehicles South Korean automaker Hyundai has plans to ramp up its production of electric vehicles. The automaker has already established a position in the clean transportation market, but believes it has been late in doing so. Hyundai senior vice president Lee Ki-sang suggests that the company could have been the first to bring electric vehicles to the market. Instead, the company has focused on more conventional cars, only recently investing more heavily in clean technology. Hyundai plans to launch a new…

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Hyundai plans to launch new electric vehicle next year

Electric Vehicles - Image of Hyundai SUV

New electric vehicle will be an updated model of the Kona South Korean automaker Hyundai has announced plans to release a new electric vehicle next year. The new vehicle will be an electrified version of its subcompact SUV Kona. The automaker also plans to launch a new fuel cell vehicle in order to establish a stronger position in the clean transportation space. Hyundai has invested more heavily in clean vehicles in order to meet the growing demand coming from consumers while also complying with emissions regulations being put into place…

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Hyundai unveils its new electric vehicle

Hyundai has revealed its latest electric vehicle Hyundai has revealed its first battery-powered vehicle, which is a plug-in hybrid version of its Sonata model. The South Korean automaker has plans to release the new vehicle this year in California and nine other states that require companies to sell clean vehicles. Hyundai has had a strong interest in clean transportation for some time, but had focused the majority of its attention of hydrogen fuel cells. Now, the automaker is breaking into the battery electric market. New vehicle will be equipped with…

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