Hyundai Motor launched its first electric sedan, Ioniq 6. The South Korean automaker is betting. That will help it grab a bigger share of the electric vehicle (EV) market. Hyundai and Kia together accounted for 13.5% of the EVs shipped globally. Hyundai Motor Co (005380.KS) on Thursday sent off its most memorable electric car, Ioniq … Read more
India is the fifth-largest auto market in the world with yearly sales of over 3 million vehicles. India is also home to some of the world’s deadliest roads. Road transport ministry will rate cars from one to five stars, starting in April 2023. A safety rating system for passenger cars is being implemented in India … Read more
SEOUL: Hyundai Motor, South Korea’s biggest carmaker, logged its record-high earnings last year due to strong demand for high-priced models, the company said on Tuesday. Hyundai’s revenue gained 13.1 per cent over the year to 117.61 trillion won ($98.1 billion) in 2021, topping the previous high of 105.75 trillion won ($88.2 billion) tallied in 2019. … Read more
American tech giant Apple has been working on numerous new technologies but the one that is getting everyone’s attention for the past couple of weeks is the much-rumored Apple Car. The technology, which is called Project Titan, has been making significant progress. Reports are coming that, the company could be planning to launch its own Apple Car … Read more
