After opening the doors to its new manufacturing plant in Georgia, Hyundai said earlier this year that US-made EVs, including the 2025 IONIQ 5 and IONIQ 9, would qualify for the $7,500 federal tax ...

Video of the incident has been widely shared on social media in Indonesia, sparking public condemnation.

Hyundai Motor Group has created a new division focused on developing future business strategies and leading the company’s expansion through mergers and acquisitions (M&A), according to local ...

WASHINGTON (Reuters) - U.S. manufacturing production unexpectedly fell in January, weighed down by a sharp decline in motor vehicle output. Factory output dipped 0.1% last month after a downwardly ...

Separately, the agency reported that its latest monthly survey showed that manufacturing sales increased by 0.3% in December to $71.4 billion, marking the third consecutive monthly gain, led by higher ...

The company is currently in talks with supply chain partners to set up manufacturing facilities in Indonesia, marking a potential breakthrough in a months-long standoff that began last October. The ...

VinFast and other electric vehicle makers such as BYD are also building EV manufacturing plants in Indonesia. South Korea’s Hyundai and China’s Wuling have both had EV plants in the country ...

JAKARTA, Indonesia (AP) — The future of Indonesia’s automobiles and motorbikes is electric — at least according to exhibitors at the Indonesia International Motor ... building EV manufacturing plants ...