Hyundai invests in Chinese e-scooter maker Immotor

ZDNet

Hyundai Motor has invested an undisclosed sum into Chinese e-scooter maker Immotor, the company announced. The South Korean car giant said the aim was to co-develop personal mobility business aimed at the Chinese market. Shenzhen-based Immotor, which offers its Immotor Go brand of foldable electric scooters with modular batteries, was founded in 2016. Around 30 million electric two-wheelers are now being sold in China every year. Immotor's core technology can track deliverymen's courses, battery status, and nearby charging station status, and can analyse data in real time for maximum efficiency.


Hyundai Motor's Net Profit Down 14 Percent on Strong Won

U.S. News

In the U.S. market, Hyundai's car sales fell sharply during the first six months of this year as new SUV models such as the Kona did not help sales until May, while demand for Hyundai's flagship sedans stayed weak. Sales in South Korea were helped by new SUV models.


Hyundai plans 38 EVs as it tries to catch up with rivals

Engadget

Hyundai and its affiliate Kia have revealed ambitious plans to bring as many as 38 green cars to market in the next eight years, with seven models slated for launch in the next five. Most of them will be electric vehicles, senior vice president Lee Ki-sang told reporters last week, adding to the company's current green line-up of the Hyundai Ioniq, Kia Soul, several plug-in hybrids and the hydrogen-based fuel-cell ix35.


Hyundai pickup confirmed

FOX News

Hyundai Motor America has reiterated plans to introduce its first pickup model in the United States. Product public relations manager Derek Joyce said on Tuesday that the project has been greenlighted for development, and will be inspired by the Santa Cruz concept introduced at the 2015 North American International Auto Show. The automaker's former CEO, Dave Zuchowski, said last year that it would be on sale in 2018, but that specific timeline no longer seems to be the case. The concept was a compact pickup powered by a 2.0-liter diesel engine with 190 hp and 300 lb-ft of torque that featured unibody construction, similar to the Honda Ridgeline. Along with its car-like styling and all-wheel-drive system, the Santa Cruz had an innovative bed that could be extended by sliding it out like a drawer, giving it the cargo carrying capacity of a midsize pickup.


Kia and Hyundai cars will include AI assistants starting in 2019

#artificialintelligence

Vehicles made by Korean carmakers Hyundai and Kia will include built-in virtual assistants with AI-powered smarts beginning in 2019 (via Engadget). The plan to build smart assistants into vehicles will make use of tech created by SoundHound, the music identification company that has recently been focusing more on building AI agent software more akin to things like Siri and Google Assistant.