The former joint venture between Hyundai and Aptiv will be solely owned by Hyundai and its various subsidiaries. This comes after Aptiv’s January 2024’s announcement of exiting the self-driving venture.
South Korean automaker Kia Corp. is reviewing the plan to build a production facility in Thailand with an annual capacity of 250,000 cars, according to sources.
Hyundai Motor Group plans to launch more electric vehicles (EVs) under the Hyundai and Kia brands in India, in a sign that it is betting big on the world’s third-largest auto market.
Andhra Pradesh, India: Kia will build an automotive facility in the southern state of Andhra Pradesh, and expects to start production in the second half of 2019.