Uber, Hyundai team up to develop electric air taxis

U.S. ride-hailing company Uber Technologies Inc and South Korean automaker Hyundai Motor have teamed up to develop electric air taxis, joining the global race to make small self-flying cars to ease urban congestion. Global players like Germany’s Daimler, China’s Geely Automobile and Japan’s Toyota have all unveiled investments in startups that aim to deploy electric… Read More Uber, Hyundai team up to develop electric air taxis

Hyundai signs deal to sell 1,000 hydrogen-powered trucks in Switzerland

Hyundai Motor said on Wednesday it will sell 1,000 hydrogen-powered trucks in Switzerland over the next five years through a new tie-up, betting the vehicles could beat battery-powered models sold by the likes of Tesla Inc. South Korea’s Hyundai and Japan’s Toyota are among a handful of car makers doubling down on hydrogen vehicles amid… Read More Hyundai signs deal to sell 1,000 hydrogen-powered trucks in Switzerland

Hyundai, KIA Motors to recall nearly 1.5million cars in U.S., South Korea due to engine issues

Hyundai Motor Co. and Kia Motors Corp. said on Friday they plan to recall nearly 1.5 million vehicles in the United States and South Korea due to engine issues, the latest blow for two firms already struggling in key markets. The recall, which could cost the two firms hundreds of millions of dollar each, revives… Read More Hyundai, KIA Motors to recall nearly 1.5million cars in U.S., South Korea due to engine issues