Automotive
Hyundai Motor Group Invests $18 Billion to Become Top 3 EV Manufacturer by 2030

Hyundai Motor Group Announces Investment Plans to Become Top 3 EV Manufacturer by 2030
Hyundai Motor Group has announced its goal to become one of the world’s top three EV manufacturers by 2030, with a combined sales target of Hyundai Motor, Kia, and Genesis electric models. The Group plans to invest KRW 24 trillion (approximately USD 18 billion) in the domestic EV industry through Hyundai Motor, Kia, and Hyundai MOBIS by 2030. The investment aims to upgrade Korea’s EV ecosystem and strengthen its role as a hub for driving innovation in the global automotive industry.
The Group plans to significantly expand the annual EV production in Korea to 1.51 million units and global volume to 3.64 million units by 2030. To enable such plans, Hyundai Motor and Kia, along with Hyundai MOBIS, plan to invest in the EV sector domestically. The investment will enhance integrated marketability across hardware and software, including diversification of dedicated platform product lineups, advancement of power electric (PE) systems that are key to EV performance, such as batteries and motors, and development of technologies to increase all-electric range (AER) on a single charge.
The companies will actively build a high-speed charging infrastructure to maximize charging convenience for EV customers and to continuously expand the charging network in Korea. The Group plans to sequentially develop dedicated platforms for each vehicle class under the Integrated Modular Architecture (IMA) system, including the ‘eM’ platform designed exclusively for passenger EVs, which will be introduced in 2025.
By 2030, Hyundai Motor Group will have a total lineup of 31 EV models, including models from Hyundai Motor, Kia, and luxury brand Genesis. The Group plans to enter the global top three based on the continuous investment. The Group also announced plans to significantly expand the annual EV production in Korea to 1.51 million units and global volume to 3.64 million units by 2030.
Last year, Hyundai Motor Group announced a new sustainable partnership program to strengthen the competitiveness of the Korean automotive industry and the future automotive era. The Group has also operated a program of KRW 5.2 trillion to better support suppliers on their profit and loss, liquidity, and competitiveness improvement measures.
The Group provides external management consulting to suppliers seeking to develop new future business strategies and discover new business growth engines while helping executives and employees of partner companies to develop future mobility capabilities through special training. Through these strategic investments, the Group plans to hone the Korean EV industry’s competitive edge to deliver unparalleled products and services that will drive the paradigm shift in the global mobility industry.
https://stmdailynews.com/category/consumer-corner/automotive/
Discover more from Daily News
Subscribe to get the latest posts sent to your email.
Consumer Corner
The Luxury Letdown: Why Features Alone Don’t Deliver the Full Car-Buying Experience
Full Car-Buying Experience: The article discusses the “luxury letdown” in car buying, where consumers desire more than flashy features; they seek comfort, quality, and an enjoyable driving experience. While many prioritize special features, true satisfaction comes from thoughtful design and connection with the vehicle. Additionally, safety and value without excessive costs are crucial for buyers.

The Luxury Letdown: Why Features Alone Don’t Deliver the Full Car-Buying Experience
(Family Features) In a world where everyone is juggling busy schedules and endless choices, it’s only natural to want more from your vehicle. Not just more features, but more comfort, more quality and more enjoyment every time you get behind the wheel.
According to recent survey data from Mazda, 74% of car buyers said special features are “very” or “extremely important,” but 30% admitted they don’t have any features worth showing off to friends or family. This is the “luxury letdown;” the excitement of new features fades, leaving you wanting something more meaningful from your car.
People are looking for more than just bells and whistles. They want a car that feels good to drive, that is thoughtfully designed and that brings more joy and satisfaction to everyday life. It’s not about having the most options or the flashiest tech. It’s about all that and quality, comfort and a sense of connection that lasts long after the new car smell fades.
Beyond the Surface
Forget what you think you know about luxury vehicle features. The most memorable cars are typically built with an incredible attention to detail – a craftsmanship you can see and feel. Smart, thoughtful innovation makes driving better, not more complicated. From the shape of the seats to the way the materials feel under your fingertips, every detail is designed to enhance the experience. In fact, 80% of survey respondents said thoughtful design that makes the driving experience better is extremely or very important during the car-buying process. These subtle touches elevate the everyday and make a car feel truly special.
The Joy of Driving, Reimagined
Driving should be more than a means to get from point A to point B. The most rewarding vehicles are often those that make every journey feel intentional and enjoyable. Responsive handling, intuitive controls and a cabin designed for comfort can transform even the most routine commute into a moment of enjoyment. When a car is engineered to connect driver and road, it brings back the pleasure of driving many have forgotten. For some, this feeling gets lost beneath features and digital overload, but it’s possible to rediscover harmony between driver and car – making every trip feel intentional and rewarding.
Confidence Comes Standard
Safety is more than a feature – it’s a foundation. Advanced safety technologies and strong crash-test ratings provide peace of mind for drivers and their families. With an industry-leading number of Insurance Institute for Highway Safety Top Safety Pick+-awarded vehicles – including the Mazda3 Sedan and Hatchback, CX-30, CX-50, CX-50 Hybrid, CX-70, CX-70 PHEV, CX-90 and CX-90 PHEV – Mazda is committed to keeping safety at the forefront. Features like active safety systems, robust body structures and intelligent alerts help keep everyone protected, allowing drivers to focus on the road ahead.
Value That Surprises
Many shoppers believe a premium experience comes with a premium price tag. However, value is found in vehicles that deliver quality, innovation and comfort without the luxury markup. The materials, craftsmanship and driving dynamics often surprise those who expect to pay more for such an experience. It’s not just about what’s included, but how it all comes together to create a sense of satisfaction and pride in ownership. The result is a driving experience that feels special, accessible and built to last.
A New Standard for Everyday Driving
In a world that constantly demands so much, there is a kind of more that stands out. Not just in features, but in the feeling, the craftsmanship and the sheer joy of driving. This is the more of Mazda – a more that is intentional, meaningful and designed to enrich every journey.
When you’re ready for more from your next vehicle, visit Mazdausa.com.
SOURCE:
Mazda
Discover more from Daily News
Subscribe to get the latest posts sent to your email.
Automotive
2025 KIA TELLURIDE RANKS NUMBER ONE IN ITS SEGMENT IN J.D. POWER 2025 U.S. INITIAL QUALITY STUDY (IQS)
2025 Telluride
- 2025 Telluride named the Upper Midsize SUV segment winner in the J.D. Power 2025 IQS
- Award highlights Telluride’s strong performance in quality, and customer satisfaction
@stmblog Excited to introduce the KiaEV9! This all-electric SUV combines style, space, and sustainability. Ready for your next adventure! ⚡🌍 #ElectricVehicle
♬ original sound – STMDailyNews
CVT Transmissions Explained: Model Years to Avoid, Reliability Issues, and Maintenance TipsLink: https://stmdailynews.com/?p=39958
Discover more from Daily News
Subscribe to get the latest posts sent to your email.
Automotive
CVT Transmissions Explained: Model Years to Avoid, Reliability Issues, and Maintenance Tips
Learn what a CVT transmission is, which model years to avoid, brands with reliability issues, and expert tips to extend CVT lifespan.
View from the driver’s seat of the gear shift lever in a car with an automatic transmission and climate control panel. Black-gray car interior
CVT Transmissions Explained: Model Years to Avoid, Reliability Issues, and Maintenance Tips
Continuously Variable Transmissions — better known as CVTs — are now common in compact cars, hybrids, and fuel-efficient vehicles. They promise smoother driving and better gas mileage, but their reputation has been uneven, depending heavily on brand, design, and model year.
Here’s what CVTs are, which vehicles have had the most trouble, and how owners can protect themselves from costly repairs.
What Is a CVT?
A CVT (Continuously Variable Transmission) doesn’t use traditional fixed gears like a 6-speed or 8-speed automatic. Instead, it relies on two variable-diameter pulleys connected by a steel belt or chain. As the pulleys change size, the transmission seamlessly adjusts the gear ratio.
- Smooth acceleration
- No noticeable gear shifts
- Improved fuel efficiency
This design is why CVTs are especially common in hybrids, where efficiency and smooth power delivery matter more than outright performance.
Illustration credit: Samarins.com
Why CVTs Are Popular in Hybrids
Most hybrid systems use a variation called an eCVT, which is mechanically different — and generally more reliable — than belt-driven CVTs found in many gas-only cars.
Manufacturers like Toyota and Honda favor eCVTs because they:
- Reduce mechanical complexity
- Eliminate traditional belts under high stress
- Integrate seamlessly with electric motors
- Deliver long-term durability with minimal maintenance
This is why hybrid CVTs tend to have far fewer failure complaints than early gasoline-only CVTs.
CVT Model Years to Avoid (Buyer Beware)
Not all CVTs are created equal. Some manufacturers — most notably Nissan — experienced widespread issues during certain production years.
Nissan CVT Model Years With Higher Failure Rates
- Nissan Altima: 2007–2012, 2013–2018
- Nissan Sentra: 2012–2017
- Nissan Rogue: 2014–2018
- Nissan Pathfinder: 2013–2014
Common issues reported included:
- Shuddering and hesitation
- Overheating
- Whining noises
- Premature belt or pulley failure
- Complete transmission replacement well before 100,000 miles
These problems were serious enough to result in extended warranties and class-action settlements in some cases. Newer Nissan CVTs (2019 and newer) show improvement, but long-term reliability data is still developing.
How Other Brands Compare
- Toyota & Honda: Generally strong CVT reliability, especially in hybrids
- Subaru: Mixed results; early Lineartronic CVTs had complaints, later versions improved
- Mitsubishi: Some issues in budget models, fewer reports overall than Nissan
In short, design, torque limits, and cooling systems matter more than the CVT label alone.
How to Extend the Life of a CVT
Despite the myth of “lifetime fluid,” most transmission specialists agree that maintenance is critical.
- Change CVT fluid every 30,000–50,000 miles
- Use only manufacturer-specified CVT fluid
- Avoid aggressive acceleration and heavy towing
- Watch for early warning signs like whining, slipping, or shuddering
- Keep the vehicle’s cooling system in good condition
- Verify service records before buying a used CVT vehicle
Neglecting fluid service is one of the fastest ways to shorten a CVT’s lifespan.
CVT vs Dual-Clutch Transmission
Feature CVT Dual-Clutch (DCT) Gear changes Continuous Fixed gears Driving feel Smooth, no shifts Fast, sporty shifts Fuel economy Often better Good, performance-focused Reliability Varies by brand/year Can be complex or jerky
Final Takeaway
CVTs aren’t inherently bad — but early designs and poor maintenance gave some brands a lasting reputation problem. Buyers should focus on:
- Specific model years
- Service history
- Driving habits
- Whether the CVT is a traditional belt-driven unit or a hybrid eCVT
When properly designed and maintained, a CVT can deliver excellent efficiency and long service life — especially in modern hybrids.
According to Consumer Reports reliability data , CVT performance varies significantly by manufacturer and model year.
Drivers can also research real-world issues through the NHTSA vehicle complaint database , which tracks owner-reported transmission problems.
For more automotive explainers, visit our The Knowledge section on STM Daily News.
Discover more from Daily News
Subscribe to get the latest posts sent to your email.
