Hyundai

U.S. News Announces the 2024 Best Cars for Families

Retrieved on: 
Friday, March 15, 2024

WASHINGTON, March 15, 2024 /PRNewswire/ -- U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled the 2024 Best Cars for Families awards. U.S. News evaluated 90 vehicles and named winners across nine categories.

Key Points: 
  • WASHINGTON, March 15, 2024 /PRNewswire/ -- U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled the 2024 Best Cars for Families awards .
  • Among Toyota's wins, the 2024 Toyota Highlander Hybrid was awarded the Best Hybrid SUV for Families for the 11th time.
  • The 2024 Toyota Camry Hybrid won the Best Hybrid Car for Families award for the second year in a row, and the 2024 Toyota Camry secured the Best Midsize Car for Families award, cementing the brand's reputation as a reliable, feature-rich option.
  • The 2024 Kia Telluride brought home its fifth consecutive Best 3-Row Midsize SUV for Families award, while the 2024 Honda Passport was awarded the Best 2-Row Midsize SUV for Families, marking the fourth time it has won this honor.

Technological Innovations Propel Elevator and Escalator Market to New Heights, Saudi Arabia and Qatar to Experience Tightly Correlated CAGR from 2023 to 2029 - Arizton

Retrieved on: 
Thursday, March 14, 2024

Saudi Arabia is one of the emerging economies globally that is determined to transform its cities into smart cities.

Key Points: 
  • Saudi Arabia is one of the emerging economies globally that is determined to transform its cities into smart cities.
  • What will the growth rate be in the Saudi Arabia elevator and escalator market?
  • What is the number of installed bases in the Saudi Arabia elevator and escalator market in 2023?
  • What factors drive the maintenance and modernization segment in the Qatar elevator and escalator market?

Technological Innovations Propel Elevator and Escalator Market to New Heights, Saudi Arabia and Qatar to Experience Tightly Correlated CAGR from 2023 to 2029 - Arizton

Retrieved on: 
Thursday, March 14, 2024

Saudi Arabia is one of the emerging economies globally that is determined to transform its cities into smart cities.

Key Points: 
  • Saudi Arabia is one of the emerging economies globally that is determined to transform its cities into smart cities.
  • What will the growth rate be in the Saudi Arabia elevator and escalator market?
  • What is the number of installed bases in the Saudi Arabia elevator and escalator market in 2023?
  • What factors drive the maintenance and modernization segment in the Qatar elevator and escalator market?

Hyundai Mobis Unveils Electric Vehicle Solutions Elevating Electric Consumption Efficiency, Design, and Convenience

Retrieved on: 
Thursday, March 14, 2024

Suitable for SUVs and CUVs

Key Points: 
  • Suitable for SUVs and CUVs
    SEOUL, South Korea, March 14, 2024 /PRNewswire/ -- Fierce global competition is accelerating the advent of the electric vehicle (EV) era by improving electric consumption efficiency (ECE).
  • The Front Face refers to the front part of the vehicle, where the lamps, grille, and hood are located.
  • Hyundai Mobis has incorporated various cutting-edge technologies into this integrated module, including an aerodynamic system that reduces air resistance and improves ECE.
  • This technology is particularly beneficial for SUV and CUV electric vehicles, where lowering the vehicle height is challenging.

Hyundai Mobis Unveils Electric Vehicle Solutions Elevating Electric Consumption Efficiency, Design, and Convenience

Retrieved on: 
Thursday, March 14, 2024

Suitable for SUVs and CUVs

Key Points: 
  • Suitable for SUVs and CUVs
    SEOUL, South Korea, March 14, 2024 /PRNewswire/ -- Fierce global competition is accelerating the advent of the electric vehicle (EV) era by improving electric consumption efficiency (ECE).
  • The Front Face refers to the front part of the vehicle, where the lamps, grille, and hood are located.
  • Hyundai Mobis has incorporated various cutting-edge technologies into this integrated module, including an aerodynamic system that reduces air resistance and improves ECE.
  • This technology is particularly beneficial for SUV and CUV electric vehicles, where lowering the vehicle height is challenging.

Hyundai Auto Canada announces partnership with the Professional Women's Hockey League

Retrieved on: 
Wednesday, March 13, 2024

MARKHAM, ON, March 13, 2024 /CNW/ - Today, Hyundai Auto Canada announced a multiyear Canadian partnership with the Professional Women's Hockey League (PWHL), with Hyundai named the first-ever Official Vehicle of the PWHL.

Key Points: 
  • MARKHAM, ON, March 13, 2024 /CNW/ - Today, Hyundai Auto Canada announced a multiyear Canadian partnership with the Professional Women's Hockey League (PWHL), with Hyundai named the first-ever Official Vehicle of the PWHL.
  • The partnership also names Hyundai Canada as the Official Vehicle of the league's three Canadian teams in Montreal, Ottawa, and Toronto.
  • The partnership with the PWHL signals another milestone for Hyundai Canada and its commitment to all levels of hockey.
  • In 2022, Hyundai Canada brought its hockey investment to the highest level by becoming the official Automotive Partner of the National Hockey League (NHL®) and the National Hockey League Players' Association (NHLPA) in Canada through a multiyear deal.

Worksport Set to Launch Innovative SOLIS & COR System This Summer, Providing Options for Partnerships with Tesla, GM, and Ford.

Retrieved on: 
Thursday, March 7, 2024

Further, in future partnerships with EV manufacturers, the SOLIS Cover itself can provide additional electric driving range and charging capabilities directly from the sun.

Key Points: 
  • Further, in future partnerships with EV manufacturers, the SOLIS Cover itself can provide additional electric driving range and charging capabilities directly from the sun.
  • Worksport currently has open conversations with multiple OEM vehicle brands and has previously announced the production of prototypes for Hyundai.
  • Fitment of the Worksport SOLIS with the Tesla Cybertruck is yet to be determined, but possible.
  • For more information about Worksport Ltd., the SOLIS Solar Cover, and the COR Battery System, please visit investor.worksport.com/press-releases/ .

Worksport Set to Launch Innovative SOLIS & COR System This Summer, Providing Options for Partnerships with Tesla, GM, and Ford.

Retrieved on: 
Wednesday, March 6, 2024

Further, in future partnerships with EV manufacturers, the SOLIS Cover itself can provide additional electric driving range and charging capabilities directly from the sun.

Key Points: 
  • Further, in future partnerships with EV manufacturers, the SOLIS Cover itself can provide additional electric driving range and charging capabilities directly from the sun.
  • Worksport currently has open conversations with multiple OEM vehicle brands and has previously announced the production of prototypes for Hyundai.
  • Fitment of the Worksport SOLIS with the Tesla Cybertruck is yet to be determined, but possible.
  • For more information about Worksport Ltd., the SOLIS Solar Cover, and the COR Battery System, please visit investor.worksport.com .

Navitas Semiconductor Announces Record Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 29, 2024

Gross Margin: GAAP gross margin for the fourth quarter of 2023 was 42.2%, compared to 40.6% in the fourth quarter of 2022 and 32.3% for the third quarter of 2023.

Key Points: 
  • Gross Margin: GAAP gross margin for the fourth quarter of 2023 was 42.2%, compared to 40.6% in the fourth quarter of 2022 and 32.3% for the third quarter of 2023.
  • Non-GAAP gross margin for the fourth quarter of 2023 was 42.2% compared to 40.6% for the fourth quarter of 2022 and 42.1% for the third quarter of 2023.
  • Loss from Operations: GAAP loss from operations for the quarter was $26.8 million, compared to a loss of $31.2 million for the fourth quarter of 2022 and a loss of $28.6 million for the third quarter of 2023.
  • On a non-GAAP basis, loss from operations for the quarter was $9.7 million compared to a loss of $12.4 million for the fourth quarter of 2022 and a loss of $8.7 million for the third quarter of 2023.

IIHS challenges automakers with tougher TOP SAFETY PICK award criteria

Retrieved on: 
Tuesday, February 27, 2024

Of those, 22 earn TOP SAFETY PICK+, and 49 earn TOP SAFETY PICK.

Key Points: 
  • Of those, 22 earn TOP SAFETY PICK+, and 49 earn TOP SAFETY PICK.
  • “We followed the tougher requirements we introduced last year with another major update to the award criteria in 2024,” said IIHS President David Harkey.
  • In 2024, a good rating is required for either TOP SAFETY PICK or TOP SAFETY PICK+.
  • Mazda earns the most TOP SAFETY PICK+ awards of any single brand, with five, as well as one TOP SAFETY PICK.