Tag: hyundai
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[Funding alert] Tekion raises $250M as valuation rises to $3.5B
Tekion, a SaaS unicorn focused on the automotive sector founded by former Tesla CIO, has raised $250 million in Series D round with its valuation more than trebling to $3.5 billion. Tekion, which is headquartered in Silicon Valley, US, has offices in Bengaluru and Chennai. It was founded by Jay Vijayan in 2016, and attained…
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The Hyundai Ioniq 5 Appears To Have Very Few Faults
Tesla has enjoyed a big head-start in the EV space over its rivals. However, with the launch of the Hyundai Ioniq 5, it appears that Elon Musk’s company now has a serious challenger in its hands. While the Ioniq 5 is frequently compared with the Tesla Model 3, it is quite a bit larger than…
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RAM Takes Out Top Honors In J.D. Power’s Initial Quality Study
J.D. Power has just published its annual U.S. Initial Quality Study and for the first time, Ram took out top honors. The study measures the number of problems experienced per 100 vehicles (PP100) during the first 90 days of ownership. This year’s study surveyed 110,827 owners of 2021 model year vehicles. A lower score is…
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Automakers have battery anxiety, so they’re taking control of the supply
Battery joint ventures have become the hot must-have deal for automakers that have set ambitious targets to deliver millions of electric vehicles in the next few years. It’s no longer just about securing a supply of cells. The string of partnerships and joint ventures show that automakers are taking a more active role in the…
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Could The New Hyundai Ioniq 5 Be The Best EV Currently On Sale?
The Hyundai Ioniq 5 doesn’t just look good but as Rory Reid from AutoTrader says in a new review, it is an excellent car to drive. While the Ioniq 5 isn’t the first electric vehicle from Hyundai, it is its most impressive and the first that could be considered as a legitimate rival to what…
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Hyundai RoboShuttle Autonomous Taxi Test Operation to Begin on Aug 9
Hyundai Motor Company has announced that it will begin a test operation of the Hyundai RoboShuttle autonomous taxi (named after ‘Robot’ and ‘Shuttle’) service on August 9. The demand-responsive, high-occupancy vehicle service, powered by autonomous driving and Artificial Intelligence (AI) technology; will operate along a 6.1 km route in Sejong Smart City, South Korea. The…
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From Porsche’s $91,000 station wagon to GMC’s 1,000-horsepower pickup, here are 9 of the coolest electric vehicles launching in 2021
The Air sedan, the debut model from EV startup Lucid Motors, is set to hit streets in 2021. Lucid Electric cars are hitting the market at a dizzying pace. More than 10 new EVs will go on sale in the US by the end of 2021. The Lucid Air sedan, Porsche Taycan Cross Turismo wagon,…
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The Hyundai Ioniq 5 Is Filled With Lots Of Intriguing Features
Even the Hyundai Ioniq 5 has the capability to be quite a game-changer to the South Korean car manufacturer and according to early reviews, it has done an fantastic job with the EV. In this movie , we get to find out about a number of the intriguing features of the Ioniq 5 which we…
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Hyundai throws the gauntlet against Tesla and Ford, declares itself as EV charging leader
Hyundai is determined to be recognized as a valid and powerful competitor in the electric automobile industry. And depending on the South Korean automaker’s current statements, it seems that Hyundai is setting its sights on some of the marketplace ’s most prominent players, such as Tesla and Ford, both of whom have delivered and unveiled…
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The Station: Rivian rolls towards an IPO and Quantumscape makes a big battery hire
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to…