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Hyundai EV, battery plant will be built in U.S.

NEW YORK — Hyundai Motor Co. will build an assembly plant in the U.S. for electric vehicles and batteries, COO Jose Muñoz said Wednesday at the New York International Auto Show. The new plant is part of Hyundai Motor Group's $7.4 billion…

Hyundai to build EV, battery plant in U.S.

NEW YORK — Hyundai Motor Co. will build an assembly plant in the U.S. for electric vehicles and batteries, COO Jose Muñoz said Wednesday at the New York International Auto Show. The new plant is part of Hyundai Motor Group's $7.4 billion…

Hyundai Ioniq 5 named World Car of the Year

NEW YORK — The Hyundai Ioniq 5 was named World Car of the Year, besting two other electric crossovers for the award, handed out Wednesday at the New York International Auto Show. The other top vote-getters were Ford's Mustang Mach-E and…

Bosch idles 2 factories on COVID lockdowns

Robert Bosch suspended production at two of its factories in China and is operating two others on a so-called "closed loop system" as COVID-19 lockdowns batter manufacturers. A thermotechnology plant in Shanghai, which makes home hot water…

EV maker VinFast files for IPO

EV maker VinFast has filed confidentially for an initial public offering in the U.S. as the Vietnamese electric vehicle maker starts building a factory in North Carolina. The unit of conglomerate Vingroup JSC has lodged its registration…

Mazda launches a 4-pronged large-product platform

The CX-60 entered production at Mazda's Hofu Plant No. 2 in western Japan last month. Deliveries to Europe will begin this summer, and to Japan in the fall. The crossover will sport a range of powerplants, starting with a plug-in hybrid…