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Tag: hyundai (page 1 of 1)

Hyundai powers EV race with car battery that can run electronics

Hyundai’s electric car Ioniq 5 has bi-directional charging, which allows owners to power electronic devices from the car battery. Conventional car batteries can be used to charge laptops and smartphones only and drain quickly if plugged into anything more powerful — portable fridge, sound system etc. The car comes with the option to install a solar-panel roof to charge the battery, giving the EV an additional driving range of about 1,300 km annually.

Kia, Hyundai motors services hit by outage

A computer network outage that began last Saturday affected the services of Kia and Hyundai Motor America. The issue affected dealers’ ability to order vehicles, parts and had knocked offline an app used to start and warm-up vehicles. The automaker said that there was no evidence of them being a victim of ransomware and it was mere online speculation. Hyundai insisted that only a limited system were affected but neither of them provided an explanation for what caused them.

Hyundai Motor invests in yet another Israeli startup, use it in global production line

Hyundai Motor, South Korean automaker, has invested in Tel Aviv-based Israeli startup UVeye, an automated vehicle inspection systems’ developer. Hyundai aims is to use the platform in global production lines. UVeye has raised more than $40 mn from Hyundai and other investors in four years of its launch. Its system combines AI, cloud architecture, ML and sensor fusion tech. Hyundai Motor investments in Israeli companies include Autotalks and Opsys Technology.

Hyundai is in early talks with Apple, shares surge 7 years high

Hyundai is in early talks with Apple to cooperate on EV and batteries. The news made Hyundai’s shares surge 24% to hit seven years high. “Apple and Hyundai are in discussions but they are at an early stage and nothing has been decided,” Hyundai said in a statement. Details about the talks with Apple were not disclosed. The two companies work together on CarPlay, Apple’s software for connecting iPhones to vehicles from a variety of automakers.

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Hyundai buys controlling interest in robot maker Boston Dynamics

Boston Dynamics said that South Korean Hyundai Motor Group is acquiring a controlling stake in the company valuing the robot maker at $1.1 bn. Hyundai will have an 80% stake in the company while SoftBank will control the remaining 20%. The transaction marks the popular quadruped robot maker – Spot’s third change of hands in the past seven years. Google and Softbank were the two previous owners of the company. The deal is expected to close in by June.

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