Hyundai Motor, PIF ink $500m deal for automated vehicle plant in Saudi Arabia

Hyundai Motor, PIF ink $500m deal for automated vehicle plant in Saudi Arabia

A groundbreaking agreement has been solidified between the Public Investment Fund (PIF) of Saudi Arabia and Hyundai Motor Company (Hyundai), aiming to set up a state-of-the-art automated vehicle manufacturing facility in Saudi Arabia. With an anticipated investment surpassing $500 million, PIF will dominate a 70% ownership, leaving Hyundai with 30% and a pivotal role as […]

Hyundai Motor unveils IONIQ 5 N: A leap into high-performance electric mobility

Hyundai Motor unveils IONIQ 5 N: A leap into high-performance electric mobility

Unveiling its first high-performance, all-electric model, Hyundai Motor Company’s IONIQ 5 N, the vehicle made its global debut at the esteemed Goodwood Festival of Speed in West Sussex, England. The IONIQ 5 N, representing the N brand’s forward-looking strategy towards electrification, signals a paradigm shift for performance enthusiasts seeking to combine their passion for driving […]