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Hyundai Motor Company is a global car maker that designs, manufactures, and sells a wide range of vehicles, including sedans, SUVs, and a growing number of electric vehicles. Its manufacturing is done in-house across a network of plants around the world, which helps manage production and the supply chain across markets such as North America, India, and Europe. The company plans to expand its EV lineup, aiming to launch 21 new electric models by 2030 to cover affordable to high-performance segments. Hyundai differentiates itself through its integrated global manufacturing approach, control over its supply chain, and a deliberate shift toward electrification under the “Hyundai Way,” backed by a strong U.S. presence since 1986. Its goal is to grow vehicle sales with a balanced mix of traditional and electric vehicles while becoming a leading supplier of EVs across multiple market segments.
Industries
Automotive & Transportation
Industrial & Manufacturing
Company Size
10,001+
Company Stage
IPO
Headquarters
Seoul, South Korea
Founded
1967
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$110M
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Ford set to lose ground to Hyundai in Q3 Sales, says Cox Automotive - 'Detroit 3' market share seen hitting record low. |Remove ads. Asian brands are forecast to capture more than half of U. S. new-vehicle sales, Cox said. General Motors is expected to remain the top-selling U. S. automaker in Q3, despite declining sales. Cox expects Tesla's U. S. sales in Q3 to slump more than 30%. Detroit's traditional auto giants are expected to lose further ground to Asian rivals in the third quarter, with Cox Automotive forecasting Ford (F) to fall behind Hyundai Motor Group (HYMTF) in U. Discover more S. vehicle sales. At the time of writing, F shares were down 1. 2%, tracking a fifth straight session of decline, while GM dropped more than 2%. Cox Sees Q3 Sales Decline For Ford, GM And TeslaCox expects Ford to sell 504,172 vehicles in the third quarter (Q3), down 7. 1% from last year, while Hyundai is forecast to sell 511,421 vehicles, up 6. 5% year over year. General Motors (GM) is expected to remain the top-selling U. S. automaker in Q3, despite sales expected to fall more than 5. 2%. Ford's weakness follows a soft second quarter in which U. S. sales fell 10%, partly due to phasing out vehicle models. Cox expects Ford's year-to-date sales through September to fall 8. 8% while GM's sales are forecast to decline 6. 2%. It also expects Tesla's (TSLA) U. S. Q3 sales to slump more than 30%. Hybrid Vehicle Demand Boost Asian CarmakersCox sees Asian automakers continuing to gain ground as U. S. consumers increasingly shift toward hybrid vehicles and passenger cars, segments where Asian brands have traditionally held a stronger position. Asian automakers are expected to account for more than half of U. S. new-vehicle sales for a second straight quarter. Together, the 'Detroit 3,' which also includes Stellantis (STLA), are expected to hold just over 36% of the market in Q3, their lowest share on record. Ford Looks Beyond CarsFord, however, has a new trick up its sleeve - expansion into the battery storage market through Ford Energy. The company has committed roughly $2 billion to transform its Kentucky battery operations to manufacture energy-storage systems. Ford has also signed a five-year agreement allowing EDF Power Solutions to procure up to 20 GWh of battery storage systems, with deliveries expected from 2028. Sean Duffy Urges Ford To Reduce China Dependency Ford has also faced criticism from the Trump administration over its ties with Chinese companies. Earlier this month, Transportation Secretary Sean Duffy urged Ford to reduce its reliance on China, raising concerns about its use of CATL battery technology in Michigan, its partnership with Geely in Spain, and its continued production of some Lincoln vehicles in China. Ford responded by saying its CATL arrangement is a technology-licensing agreement rather than a joint venture, and that it owns and operates the Michigan battery plant with American workers. Morgan Stanley said that while Duffy's criticism creates a new regulatory overhang, it is "likely more benign than feared. "Retail's Take On Ford And GMRetail sentiment surrounding F has remained 'neutral' over the past 24 hours, while sentiment for GM trended in the 'bearish' territory. F shares are down 3. 9% so far in 2026, while GM stock has edged 1. 1% higher. Both stocks have outperformed Tesla, which is down 13% year-to-date. Full story hosted on AutoWorld - Updated from official sources Enjoying this story? Solve the math problem to verify you're human. By submitting you consent to receive communications from AutoWorld. By subscribing you consent to receive the AutoWorld Daily Brief. Ready to find your next vehicle? Get personalized quotes or browse listings from sellers nationwide. Rate this story
Hybrid vehicle-to-grid algorithms fail to beat simpler alternatives, study finds. Peer-reviewed study finds hybrid V2G scheduling algorithms offer no advantage over simpler APSO approach, questioning vendor claims in smart charging market. September 24, 2026 V2G is currently being explored across the globe, including Australia, with the likes of Ausgrid trialing the technology. A peer-reviewed study testing seven optimisation algorithms for scheduling EV charging and discharging in vehicle-to-grid (V2G) systems has found that combining two algorithms into a "hybrid" does not automatically produce better results than using the stronger of the two on its own. The study, published in the journal Processes, was conducted by researchers at the University of Engineering & Technology Lahore, the University of Management and Technology Lahore, the University of Johannesburg and the University of Botswana. The researchers tested the algorithms against a simulated smart parking facility where EVs arrive and depart across a scheduling window, each with its own battery capacity and driver-preferred charge level, under a time-of-use electricity pricing scheme with peak, mid-peak and off-peak periods. Particle Swarm Optimization (PSO) and the Whale Optimization Algorithm (WOA) are both metaheuristic algorithms, meaning they search for a near-optimal solution to a complex problem by mimicking a natural process rather than solving it exactly. PSO models a swarm of candidate solutions that move through the search space influenced by their own best-known position and the swarm's collective best position, while WOA is modelled on the bubble-net hunting behaviour of humpback whales, alternating between encircling and spiralling movements to close in on a solution. Adaptive Particle Swarm Optimization (APSO) is a refined version of PSO that continuously adjusts its own internal search behaviour, tightening or loosening its search pattern in response to how clustered or spread out its candidate solutions are at each step, rather than following a fixed search pattern throughout. APSO was the best-performing algorithm in the study, improving on standard PSO by 8% and on a PSO-WOA hybrid, which combines elements of both algorithms in an attempt to capture the strengths of each, by 9.7%, while also producing a measurably flatter peak load demand profile across the simulated charging facility. The researchers found the PSO-WOA hybrid performed no better than plain PSO once tested statistically, and a separately enhanced version of WOA could not be shown to outperform the standard WOA either. Of the seven algorithms tested, only APSO's advantage held up consistently after applying the full battery of statistical tests across the 100 simulation trials for each algorithm. The researchers ran parametric tests, including t-tests and ANOVA, and non-parametric tests, including Mann-Whitney U, Wilcoxon Signed-Rank, and Friedman tests, and post-hoc corrections, including Holm's Step-Down, Bonferroni-Dunn, and Nemenyi analyses, specifically to distinguish genuine performance improvements from results that could plausibly have occurred by chance. The paper argues this level of validation is uncommon in existing V2G scheduling literature, noting that most prior studies report performance improvements without statistical testing to confirm that those improvements are real. The researchers conclude that, for this class of scheduling problem, the effective mechanism behind APSO's advantage is its adaptive control of internal search parameters, which adjust based on the distribution of the algorithm's search population at each iteration, rather than the act of hybridising two algorithms. That distinction is directly relevant to vendors marketing "hybrid" or multi-algorithm optimisation as inherently superior to a single, well-tuned approach. Vendor performance claims contrast with independently validated trials. The findings arrive as V2G and smart charging platforms increasingly lean on algorithmic and AI-branded capability as a point of commercial differentiation. As reported by EV Infrastructure News, Geely recently launched an AI-powered fast-charging system, Xingrui PowerMind, built with Chinese AI company StepFun, which the company says predicts battery temperature up to 30 seconds ahead to dynamically adjust charging power. Geely claims a 20% improvement in battery lifecycle when the system is combined with its pulse-restoration technology. As with much of the smart charging software market, those figures come from the manufacturer's own testing rather than independent statistical validation of the kind applied in the Processes study. The commercial stakes for getting scheduling right are rising as more automakers commit to V2G on a global scale. Hyundai Motor Group and energy intelligence platform Kaluza launched a partnership in August 2026 to embed smart charging into the Kia and Hyundai apps, starting in the UK and Australia, with V2G services planned to follow from 2027. Kaluza CEO Stephen Fitzpatrick described the partnership as laying the technical foundation for how EVs integrate with the energy system more broadly. The real-world value of that claim will depend on how well the underlying scheduling software performs against driver charging preferences and grid price signals under live conditions, precisely the kind of question the Processes paper argues needs independent statistical testing rather than vendor-reported figures alone. By contrast, one of the clearer examples of rigorously validated smart charging in the market to date comes not from a vendor claim but from a randomised controlled trial. The Centre for Net Zero, an Octopus Energy-founded research institute, ran a 12-month RCT across more than 13,000 UK households and found that AI-managed charging cut peak household electricity use by 42% and reduced annual bills by £650 (US$887), with more than half of participating households never manually overriding the automated system. That trial's design, a control group tested against four treatment groups and tracked over a full year using high-frequency smart meter data, offers a template for the kind of evidence base the Processes researchers argue is largely missing from the algorithmic V2G literature more broadly. Not every claim in the smart charging market has been put through this kind of scrutiny. The Processes study is itself not without limitations. Battery degradation costs and charging-efficiency losses are explicitly excluded from its model, and the entire parking facility is treated as a single connection point to the grid rather than modelling feeder- or transformer-level constraints. The researchers acknowledge that incorporating these factors would likely yield more conservative cost estimates and flag the work as a direction for future model refinement rather than a claim that the study reflects a full commercial deployment. In that sense, the paper's core contribution is methodological rather than a ready-made blueprint for production scheduling software. It demonstrates how to rigorously test competing algorithms, more than it proves that any single algorithm is ready to be deployed at scale. Senior Reporter George joined Solar Media in August 2022, writing for its UK sites, Solar Power Portal, and EV Infrastructure News'. After a spell as Editor for the UK sites, George relocated to Sydney, Australia, to support its APAC expansion. Get the latest EV infrastructure updates direct to your inbox Read expert news, data-driven analysis and incisive opinions to help you navigate tomorrow's EV infrastructure landscape. Google Preferred Source
Boston Dynamics has officially opened its robotics centre at Hyundai's electric vehicle plant near Savannah, Georgia. The facility serves as a test bed and training centre for integrating Atlas humanoid robots across Hyundai's automotive factories. Boston Dynamics, which became wholly owned by Hyundai in July, is training robots to handle repetitive parts sequencing and heavy lifting, with component assembly planned by 2030. Hyundai plans to deploy 25,000 Atlas units across its global plants over the next few years and will establish a US facility producing 30,000 robots annually. Boston Dynamics will explore Atlas use cases in aerospace, semiconductors, logistics, food and beverage, and life sciences sectors next year. The company is also expanding its Georgia facility to 10 times its current size.
Bühler and Hyundai mark 20 years of die-casting collaboration. 4 hours ago Hyundai Motor Group has deployed 43 Bühler die-casting systems across South Korea, China and India over the past two decades, as the automaker has expanded its manufacturing footprint and prepared its factories for a wider mix of internal-combustion, hybrid and electric vehicles. Swiss technology company Bühler has completed 20 years of collaboration with Hyundai Motor Group in automotive die casting. The relationship began with the installation of an Evolution 270D machine at Hyundai's Ulsan manufacturing complex in South Korea. According to Bühler, that first machine remains operational and has recently received a control-system upgrade. Since the initial installation, Bühler has supplied 43 systems to Hyundai facilities in South Korea, China and India. The installed base comprises 36 Evolution machines and seven larger Carat systems. What the machines produce. High-pressure die casting is used to manufacture aluminium and magnesium components by injecting molten metal into a mould under pressure. In the automotive industry, the process is commonly employed for powertrain housings, structural parts and components used in electrified vehicles. Bühler's Evolution platform covers locking forces from 2,600 kN to 42,000 kN and is intended for a range of automotive applications, including powertrain, structural and e-mobility components. The Carat platform operates between 10,500 kN and 92,000 kN and is designed for larger and more complex castings. Of the seven Carat systems supplied under the partnership, six were installed at Hyundai WIA's facility in Rizhao, China. Hyundai WIA is the group's automotive-component affiliate. The remaining Carat machine was installed at Hyundai Motor's research and development foundry centre in Ulsan. Hyundai reports lower scrap and higher equipment efficiency. Bühler said Hyundai had recorded operational improvements on production lines equipped with its systems. The release cited reductions in scrap rates of up to 50% and an improvement of around 10% in overall equipment effectiveness, or OEE. These figures are company-reported outcomes and may vary by plant, component and production setup. The companies did not disclose the baseline scrap rates, assessment period or individual facilities covered by the comparison. Even with those qualifications, the measures are important for vehicle manufacturing. A lower scrap rate can reduce aluminium and energy waste, while better OEE indicates more productive use of machinery by combining availability, operating performance and output quality. Why die casting matters in the electrification era. The collaboration has developed alongside a major change in vehicle manufacturing. Carmakers are now required to produce internal-combustion, hybrid and battery-electric vehicles while improving flexibility and controlling capital costs. At the same time, lightweight aluminium components have become increasingly relevant as manufacturers seek to offset battery weight and improve vehicle efficiency. Die-casting suppliers are responding with larger machines, greater process automation and connected controls. Large structural castings can potentially consolidate several smaller stamped or cast parts into fewer pieces, although the suitability and economics depend on vehicle architecture, production volume, repair strategy and plant design. For Hyundai, the installed machinery forms part of a broader manufacturing network rather than a standalone vehicle programme. Bühler did not identify the Indian plant locations, individual components or Hyundai and Kia models produced using the equipment. It also did not announce any new order, investment or capacity expansion as part of the 20-year milestone. Long equipment life becomes a strategic factor. The continued operation of the original Evolution 270D after two decades highlights another aspect of automotive manufacturing: major casting equipment is expected to remain productive across multiple vehicle cycles. Control upgrades, maintenance, training and technical support can therefore be as important as the original installation. Bühler said its work with Hyundai includes these after-sales functions, with upgrades intended to extend equipment life and maintain operational reliability. This is particularly relevant as vehicle programmes evolve faster and factories need to adapt existing assets for new components and powertrain formats. Supporting Hyundai's longer-term manufacturing plans. Hyundai has been expanding its focus on electrified vehicles, software-defined vehicles, battery technology and flexible production. The automaker has also stated a global sales target of 5.55 million vehicles by 2030. Bühler said it plans to continue supporting Hyundai's manufacturing development through die-casting technology and technical services. However, the announcement is primarily a retrospective partnership update; it does not detail additional equipment deliveries or a future investment schedule. Auto punditz take. The headline number is not simply the 43 machines supplied, but the long operating relationship behind them. Automotive plants increasingly need equipment that can be upgraded and adapted as component designs, materials and powertrains change. For India, the confirmation that Bühler systems are already part of Hyundai's regional production network is relevant as the country grows as both a domestic manufacturing base and an export hub. The release stops short of naming the Indian installations, though, so any link to a particular plant, component or model would be speculative. The reported improvement in scrap and equipment effectiveness also shows where manufacturing competitiveness is being fought: not only through new factories and higher capacity, but through better material yield, uptime and utilisation of existing assets.
Hyundai: Chinese cars could crush USA. Auto Drive September 21, 2026 Chinese carmakers are expanding rapidly overseas, and Hyundai CEO Jose Munoz isn't sure US will survive the landfall. Munoz, who previously spent roughly a decade running Nissan's China operations, told Reuters on Thursday in San Jose, California, that Chinese automakers are already putting pressure on profit margins across Europe by competing aggressively on price. In markets including Italy, Spain and France, Chinese vehicles are selling for 30% to 40% less than rival models. That is happening despite the European Union imposing tariffs and minimum-pricing rules on Chinese-built electric vehicles. Munoz believes the US could see something similar "at different levels" if tariffs and other market-access restrictions were removed. The UK provides a useful preview of what might happen when those barriers aren't there. Britain left the European Union in 2020 and didn't adopt Brussels' tariffs on Chinese vehicles. "The UK, which in the past was a very profitable, very strong market, has become like China. All the top sellers are Chinese because there are no barriers," Munoz told Reuters. Chinese-branded vehicles accounted for more than 9% of EU vehicle sales during the first half of the year, according to the European Automobile Manufacturers' Association. In Britain, Chinese brands accounted for 15% of new registrations earlier this year, according to the Society of Motor Manufacturers and Traders. Munoz isn't asking Washington to simply lock the gates and pretend China doesn't exist. Instead, he believes the US should establish conditions for companies wanting to enter the market, with measures designed "to be able to minimize the impact," while accepting that "the impact is going to be there for sure." Ford CEO Jim Farley has voiced a similar concern, telling Ford employees in July that Chinese brands could realistically reach the US market within five to 10 years. Munoz also pointed to the extraordinary pace of development coming from China. "The level of innovation, the level of improvement, the technology is unbelievable." Which is not exactly the sort of thing a rival CEO says when he thinks the competition can safely be ignored. Munoz also discussed Hyundai's own technology plans, including its Level 2++ advanced driver-assistance system, intended to be comparable to Tesla's Full Self-Driving software. Hyundai Motor Group has pushed the planned launch of vehicles equipped with its proprietary system to late 2029 from the previous target of late 2027. The delay is partly about collecting more data and validating the system's safety performance. In the meantime, Hyundai is working with Nvidia on Level 2+ and Level 2++ vehicles targeted for 2028. "I don't like delaying anything," Munoz said. "If you're humble, you realize your technology is not good, maybe you need to try a partnership," he added, referring to the Nvidia agreement. Hyundai doesn't intend to outsource its technological future indefinitely, though. Munoz says the company ultimately wants to develop its own self-driving and battery technologies. "We want to internalize," he said. "We may buy things here or there, or have partnerships temporarily, but for relevant technologies like batteries, we want to have our own technology." While all of this is happening, Hyundai is also making itself rather harder to disrupt by building more cars in America. The company plans to add 500,000 units of North American production capacity by 2030 and increase the proportion of domestically sourced parts used in its US vehicles to more than 80%, up from around 60% today. Munoz has linked that manufacturing expansion to current US tariff policies, saying the measures have accelerated Hyundai's push towards domestic production. The Hyundai Santa Fe, built in Alabama, is one example of how greater localization can benefit the company under the current trade environment. So Hyundai is preparing for Chinese competition, developing its own technology, partnering with Nvidia where necessary and building more cars in America. Which is a fairly sensible way of preparing for the possibility that the world's largest automotive market might eventually have to make room for some very competitive Chinese cars
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Industries
Automotive & Transportation
Industrial & Manufacturing
Company Size
10,001+
Company Stage
IPO
Headquarters
Seoul, South Korea
Founded
1967
Find jobs on Simplify and start your career today