South Korea is turning towards Indonesia to bolster its supply chain for EV batteries and components in a bid to reduce its heavy dependency on China. On the back of a trip by South Korean President Yoon Suk Yeol’s visit to the archipelago for the South Korea-Association of Southeast Asian Nations summit, conglomerate chiefs from the peninsular nation paid a business trip to boost EV cooperation. The conglomerates comprised Hyundai Motor Group Executive Chair Chung Euisun, LG Group Chairman Koo

Hyundai Group is no stranger to the hotel business, the Group owns the Able Hyundai Hotel & Golf resort that started operations back in 2010. But this time the company is throwing its motoring arm into the mix. Introducing Hotel Hyundai, the first hotel to be powered by a car, the Ioniq 5 to be specific. Located in Essex, United Kingdom, the Hotel Hyundai is a pop-up hotel that operating for 14 nights from 19-October to 5-November-2022. It functions like any other boutique hotel, complete with w

There were 20,296 newly registered taxis that went into service in Korea between January to July 2022, according to data from Korea’s Ministry of Transport, extracted by carisyou.com. Of the total, 36.4 percent (7,394 units) were battery electric vehicles (BEVs, or battery EVs). This is a sharp increase from the 1,029 units of electric taxis registered in the whole of 2019. Hyundai’s Ioniq 5 is the most popular EV taxi there, with 3,453 units registered in the first 7 months of 2022. This is fol

With close to 200 units of EVs delivered under its badge, Hyundai-Sime Darby Motors (HSDM) decided the best way to mark the occasion would be with a little convoy with owners as a sign of appreciation for putting their trust in Hyundai EVs. The carmaker recently played host for a weekend getaway at Avani Sepang Goldcoast Resort for 25 EVs comprising the Ioniq 5 and Kona Eelectric as well as their respective owners and families of course. Also Read: 2021 Hyundai Kona Electric launched – Cheapest

In early 2020, before Covid-19 hit and Russia hadn’t attacked Ukraine, makers of electric vehicles (EVs) were optimistic that prices of batteries will come down and reach cost parity of with combustion engine cars by 2025. Today, no one believes in that message anymore. In the near-term, prices of EVs will go up, not down. Consulting firm AlixPartners say that between 2020 to 2022, the cost of raw materials to build an EV has gone up by 144 percent. Yes, inflationary pressure, higher energy cost

Not available in showrooms, and definitely not on the roads, yet, the ongoing WapCar Auto Show 2022 is the only place you can currently see, touch and feel the stellar new Kia EV6. Imported from Korea (CBU), the Kia EV6 is offered in a sole long-range GT Line AWD, priced at RM 300,688 inclusive SST. The EV6's design was a collaborative effort across three Kia's Namyang (Korea), Frankfurt (Germany), and Irvine (California) design studios, led by lead designer Karim Habib. The EV6 features dual LE