Hyundai, Kia sue four big U.S. railroads for fuel surcharges

Kia motors logo

Hyundai Motor and its Kia affiliate have taken legal action against the four largest U.S. railroads, alleging them of violating U.S. antitrust law by conspiring to drive up shipping costs though coordinated fuel surcharges. The South Korean automakers submitted three lawsuits on Monday alleging BNSF, CSX Corp, Norfolk Southern and Union Pacific of putting the […]

Hyundai to Use DLT in Smartphone-EV Pairing Tool

2019 Hyundai Palisade images

South Korea’s largest automaker, Hyundai Motor, will use blockchain in its new tech for using electric vehicles (EVs) with smartphones. Sustainable mobility-focused news agency Green Car Congress reported on the progress on April 22. Hyundai reportedly declared the development of smartphone-EV pairing based performance adjustment technology that permits users to customize primary functions through a […]

Hyundai rejects report about tie-up with Tencent on driverless cars

Tencent Holdings

Hyundai Motor on Sunday rejected a report that it had signed a initial deal with Chinese technology company Tencent Holdings to develop software for driverless vehicles. Hyundai’s comments follows the report from South Korea’s Maeil Business Newspaper citing unnamed industry sources on Saturday stating that the two companies prepared to conduct joint research and development […]