Technology

Hyundai Motor Unveils The all-new TUCSON, Its Boldest SUV

Published

2 hours ago

October 1, 2026

The all-new TUCSON embodies the “Boldest SUV” vision through its “Art of Steel” design, enhanced hybrid performance and intelligent efficiency, and advanced Pleos Connect infotainment systemA refined, spacious cabin enhances everyday comfort with intuitive controls, flexible storage and available relaxation featuresNext-generation Hybrid System delivers intelligent efficiency, targeting up to 42 mpg while harmonizing fuel economy with driving performancePleos Connect drives everyday progress with an ever-evolving digital experience, enabled by Gleo AI, an expanding app marketplace, and intuitive UI/UXTUCSON XRT PRO expands adventure capability with Smart Terrain Assist and advanced off-road technologiesHyundai premieres the all-new TUCSON globally against the Manhattan skyline, showcasing the vehicle’s innovative spirit and reinforcing its position as a global SUV icon

NEW YORK, Oct. 1, 2026 /PRNewswire/ — Hyundai Motor Company today unveiled the all-new TUCSON, introducing its boldest SUV ever, which combines the “Art of Steel” design philosophy, hybrid performance enhanced by intelligent efficiency, and the advanced Pleos Connect next-generation infotainment system.

The all-new TUCSON made its world premiere against the iconic backdrop of the Manhattan skyline in New York City, underscoring Hyundai Motor’s confidence in its best-selling global SUV. The bold urban venue reflected the vehicle’s innovative spirit, celebrating TUCSON’s rich heritage as a global market leader while signaling a new era of versatile mobility.

Designed for ultimate versatility, the all-new TUCSON seamlessly transitions from sophisticated daily commutes to rugged weekend getaways. Guided by the “Art of Steel” design philosophy, it combines muscular exterior styling with a purposeful, tech-forward interior. Alongside the standard model, the debut of the rugged TUCSON XRT PRO further elevates its off-road capability. Integrated with Pleos Connect featuring Gleo AI1, an advanced Next-generation Hybrid System, and Hyundai’s first Smart Terrain Assist (STA)2, the all-new TUCSON lineup empowers customers with confidence and elevated convenience across diverse lifestyles and life stages.

“Millions of families around the world count on the Hyundai TUCSON, and this is the best one we have ever built,” said José Muñoz, President and CEO, Hyundai Motor Company. “Its combination of bold design, generous cabin space, seamless infotainment, and available hybrid efficiency sets a new standard for what customers should expect in this segment. TUCSON opens the most ambitious product offensive in our history, including more than 100 new and refreshed vehicles globally by 2030 — 58 in North America alone.”

How Does “Art of Steel” Design Language Influence The all-new TUCSON’s Bold Look?

The all-new TUCSON embodies “The Boldest SUV” ideal through Hyundai Motor’s “Art of Steel” design language, combining structural strength with a commanding road presence. Every element, from muscular exterior proportions to refined interior spaces, reflects purposeful engineering and aesthetic vision.

The exterior design centers on pronounced, muscular fenders that showcase the inherent tension and strength of steel. This aesthetic is balanced by restrained door surfaces and crisp body lines, reinforcing the all-new TUCSON’s bold SUV image.

The redesigned body is longer, wider and taller, commanding greater visual presence while unlocking additional interior space. The long wheelbase model measures 4,700 mm in length (+60 mm), 1,905 mm in width (+40 mm), and 1,685 mm in height (+20 mm) compared to the previous model.

The all-new TUCSON’s front design helps to improve pedestrian safety while enhancing forward protection in the event of a collision. Meanwhile, door opening angles expand from 73 degrees to 83 degrees compared to the previous generation, improving accessibility and ease of entry.

New nature-inspired exterior colors3 emphasize the vehicle’s unique design details:

Ranger Green Pearl/Matte: A lush green with a color travel effect that shifts from greenish metallic silver to a reddish tone highlighting a bold, unified aesthetic.Kodiak Blue Pearl4: A deep blue with a color travel effect from intense violet to turquoise, revealing a dynamic depth that shifts with changing light angles.Driftwood Gray Metallic/Matte5: An earth-inspired gray with a subtle green-to-red color shift that changes with light, grounding the vehicle in the natural landscape.Red Rock Orange Pearl/Matte: A rugged canyon-inspired tone emphasizing off-road identity.

What New Lighting Signatures Define The all-new TUCSON?

The front design draws inspiration from architectural lighting principles. H-Edge lighting combines indirect center lighting with edge lighting to enhance horizontal proportions, creating a wider, more stable appearance. This lighting delivers a refined and futuristic front impression.

At the rear, the sculptural Prism Rear Lamps sharpen the vehicle’s volume and outline, bolstering the all-new TUCSON’s commanding presence. The design creates the striking impression of light resting at the edge of a transparent lens, revealing an intricate internal pattern that delivers a high-tech, sophisticated signature.

Beyond H-Edge and Prism designs, the all-new TUCSON introduces available Micro Pixel Lighting (MPL).6 Utilizing 25,600 individual LED pixels, MPL enables precision beam patterns, rain guide, and dynamic welcome/farewell animations. Standard LED headlamps feature a two-in-one module design, while LED taillamps are standard across the lineup.

How Does The all-new TUCSON Redefine Cabin Comfort?

The all-new TUCSON’s interior design creates a furnished space that prioritizes visual refinement and thoughtfulness through furniture-inspired comfort and intuitive controls, delivering a premium user experience. Every surface, from soft cushioning to ergonomically positioned displays, supports stress-reduction, relaxation and a calmer cabin environment.

The cabin redefines minimalism for SUVs through purposeful design. The two-layered instrument panel design separates form and function: a horizontal upper layer provides visual comfort and clarity, while a deep open tray below provides storage space. Soft, voluminous cushioning applied across the top of the instrument panel, doors and console armrest create a premium and relaxing interior, scaling home-based, furniture-like comfort to the automotive environment.

To minimize driver distraction and reduce cognitive load, the cabin layout ergonomically positions controls within the driver’s natural line of sight. The Double D-Cut steering wheel pairs with a 9.9-inch slim display above the steering column to keep the driver’s visual field uncluttered. Below the center stack display, tactile buttons for frequent-use features including HVAC and audio settings provide intuitive control without the need for distracting screen-tapping while driving.

An extended console armrest improves touchscreen ergonomics, prioritizing driver comfort. For added convenience, available dual 15W wireless charging pads are integrated into the console to eliminate cable clutter, while a hidden storage tray accommodates personal items to maintain the cabin’s minimalist aesthetic.

The all-new TUCSON’s interior space (1,036 mm front headroom, 1,064 mm rear legroom, 1,470 mm front shoulder room) creates a spacious, luxurious cabin environment. For extended rest, the available Ergo Motion Seat7 features a seven-cell pneumatic lumbar and bolster massage system with manual and auto modes. Additionally, the available four-link Relaxation Comfort Seat8 allows for a one-button recline to 10 degrees — perfect for breaks when parked.

The steering column-mounted Shift-By-Wire (SBW) lever consolidates gear selection into an intuitive control stalk, eliminating the need to reach for a traditional center console shifter. An illuminated gear indicator and one-button park engagement simplify driving dynamics while strengthening the “Eyes on the Road, Hands on the Wheel” design philosophy.

The Multi-Air Mode System provides sophisticated climate comfort by routing conditioned air through main vents, multi-vents, and floor-level distribution with active management, effectively eliminating uncomfortable direct airflow. Meanwhile, an available three-zone HVAC system9 allows front and rear occupants to customize their climate settings independently.

The available 13.5V Metal-Coated Heated Glass10 offers a 15-minute full de-icing capability for harsh winter conditions. In the summer, the glass’s 60 percent solar energy rejection keeps the interior 2 degrees cooler, reducing air conditioning strain and fuel consumption. This transparent conductive coating technology integrates more than 20 layers of metal, dielectric and ceramic materials to provide functionality without visible wire patterns, preserving the cabin’s visual purity.

Premium interior colors11 reflect a design philosophy that embraces various lifestyles:

Black, Black/Dove Gray, Mud Gray/Dove Gray, Black/Brown packageXRT- and XRT PRO-specific: Black monotone with dark metal accents

How Does TUCSON’s Hybrid System Intelligently Balance Performance, Efficiency, and Comfort?

At the heart of the all-new TUCSON is Hyundai Motor’s Next-generation Hybrid System, designed for drivers who demand more than just fuel economy. Guided by the “Intelligent Efficiency” principle, the advanced powertrain redefines the hybrid experience by harmonizing efficiency with driving performance.

Targeting up to 42 mpg12 and 0–60 mph acceleration in 8.5 seconds, this hybrid powertrain proves that leading efficiency no longer requires compromising performance or refined everyday drivability.

The E-Traction system, applied exclusively to HEV models, further enhances handling performance by intelligently optimizing driving torque to reduce wheel slip during cornering. By increasing inner-tire grip, the system improves vehicle stability and control at the handling limit, contributing to a more precise, confident and refined driving experience.

The class-leading HEV Stay Mode enables drivers to run features including air conditioning, heating, audio and device charging while the engine is turned off, creating an EV-like in-cabin experience that enhances quietness and comfort during breaks, outdoor activities or waiting periods.

Whether selecting the spirited 1.6T-GDI (184 hp / 27.0 kgf•m) with eight-speed automatic transmission for driving performance or the HEV’s targeted 42 mpg for extended adventures, every powertrain option features the integrated electric water pump (EWP). This unified cooling system consolidates separate circuits, reducing weight while maintaining superior thermal performance, efficiency and reliability.

The all-new TUCSON Plug-in Hybrid13 delivers a powerful combination of electric and gas propulsion, featuring a 1.6L turbocharged engine paired with a plug-in hybrid system that produces 292 ps and 38.7 kgf•m of torque. With an estimated 81 km of all-electric range, drivers can complete most daily commutes on battery power alone, minimizing fuel consumption and operating costs for routine trips. The 7.2 kW on-board charger enables rapid charging at home or public stations, seamlessly transitioning to gas-engine power for longer journeys.

How Does the Evolving Pleos Connect Drive Everyday Progress Inside the Vehicle?

The all-new TUCSON delivers an immersive digital cabin experience driven by evolving innovation.

Pleos Connect, Hyundai Motor’s Android Automotive OS (AAOS)-based infotainment system, combines a 17-inch or 12.9-inch primary touchscreen display with a 9.9-inch slim display. Intuitive UI/UX features, including three-finger gesture controls and an expansive single-screen mode, help minimize distraction and make every drive smarter and more seamless.

At the core of the experience lies Gleo AI14, an in-vehicle agentic AI that understands natural conversation and user context, reducing the need to navigate menus. Drivers can simply ask, “Find a hiking trailhead with parking within 30 minutes,” and the system provides relevant results based on the request’s context. This conversational interface reduces the need for screen interaction, enabling a more intuitive in-vehicle experience.

Built on an AAOS foundation, Pleos Connect provides native integration of third-party services such as entertainment and productivity services, and gaming content, without requiring smartphone mirroring or manual connection steps. The infotainment system receives over-the-air (OTA) updates, ensuring the vehicle continues to evolve with consumer needs.

How Does The all-new TUCSON Embody Hyundai Motor’s Commitment to Quality, Safety and Reliability?

The all-new TUCSON’s comprehensive architecture is engineered from the ground up to deliver exceptional quality, enhanced safety and long-term reliability. Building on Hyundai Motor’s proven engineering expertise, the vehicle undergoes rigorous validation of structural integrity and acoustic performance, while integrating advanced occupant protection, driver monitoring and driver assistance technologies to help ensure confidence in a wide range of driving conditions.

Structural strength forms the foundation of the all-new TUCSON’s quality and safety. Hot-stamped steel is extensively applied to key body structures, contributing to enhanced impact resistance and body rigidity. Reinforced center pillars and multi-point collision energy management absorb and distribute impact loads efficiently, protecting structural integrity over the vehicle’s lifetime.

Precision engineering further enhances everyday quality and reliability. Acoustic engineering minimizes cabin noise, while enhanced sound insulation, aerodynamic refinements and sealing technologies contribute to a quieter and more refined cabin environment. Together, these measures help reduce occupant fatigue on long journeys. Enhanced sealing and quality measures help protect key vehicle components from moisture and environmental exposure.

In-cabin intelligence reinforces safety and peace of mind. The In-Cabin Monitoring Unit (ICMU) uses real-time monitoring of driver eye activity and drowsiness to issue proactive fatigue alerts, helping prevent fatigue-related incidents on long drives. Child Presence Detection (CPD) and Rear Occupant Alert (ROA) automatically notify drivers if children or pets are left unattended, adding an extra layer of occupant protection.

Additional safety and driver assistance technologies also bolster driver confidence. Intelligent Speed Limit Assist (ISLA) recognizes speed limit signs and automatically adjusts the vehicle’s set speed to help drivers comply with changing speed limits. Navigation-Linked Smart Cruise Control (NSCC) proactively decelerates for upcoming curves and other road conditions such as roundabouts, intersections and speed bumps identified through navigation data.

Together, these quality, safety and reliability measures form a comprehensive approach that transforms the driving experience, giving drivers confidence to pursue spontaneous weekend escapes, cross-country road trips and outdoor adventures.

How Do The all-new TUCSON’s Advanced Driving Technologies Support Confident Exploration?

The all-new TUCSON features a myriad of advanced technologies which unlock new possibilities. Proven, trusted, and backed by Hyundai Motor’s renowned engineering expertise and technical know-how, these technologies let drivers smoothly shift from work to weekend escape, empowering owners to navigate unpredictable terrain with confidence.

For more confident exploration, the all-new TUCSON introduces Hyundai Motor’s first Smart Terrain Assist (STA)15. Real-time terrain difficulty assessment analyzes traction and slip conditions and provides visual guidance via a green, orange or red “stuck score.”

Complementing STA, Target Speed Control (2–25 km/h) automatically manages acceleration and braking to maintain the driver-selected speed according to terrain conditions. This low-speed off-road driving assistance allows drivers to focus on steering while the vehicle controls power delivery, making off-road driving more approachable for both experienced and novice drivers.

Also available, class-first Memory Reversing Assist (MRA) can record driving up to 30 km/h and automatically assists steering while reversing on narrow roads, while the available Ground View Monitor (GVM) provides transparent terrain visibility forward and beneath the vehicle.

For towing, Trailer Reverse Assist (TRA) semi-automatically manages steering alignment, reducing complex maneuvering efforts for more intuitive control.16 In North America, the all-new TUCSON’s HEV model offers up to 3,000 pounds (1,361 kg) of towing capacity — a 1000-lb. increase over the previous model — making it ideal for weekend trips with boats, campers or trailers. Towing capability further improves with the European lineup, as the ICE model gains up to 350 kg, the HEV up to 260 kg, and the PHEV up to 450 kg over the previous generation, giving drivers in the region class-competitive capability across the entire powertrain lineup.

What Unique Features and Capabilities Do the XRT and XRT PRO Models Deliver?

Variants of the all-new TUCSON offer distinct expressions of the vehicle’s character.

TUCSON XRT17 – Rugged Outdoor Character: The XRT features enhanced rugged details to create an imposing road presence. A wide, fascia-extending frontal cladding combined with extended black wheel-arch cladding wraps protectively around the lower body, creating a tougher, more off-road-inspired SUV image.

A forged-carbon-inspired design motif applied to wheel arches and lower black areas adds robustness, expressing the distinctive outdoor-oriented XRT spirit. Bold bumper and skid-plate designs emphasize protective lower structures, conveying a stronger impression.

TUCSON XRT PRO18 – Maximum Adventure Capability: The XRT PRO offers enhanced protection, control and functionality through comprehensive off-road engineering and design. Equipped with all-wheel drive, all-terrain tires, aggressive approach and departure angles, and front recovery hooks, XRT PRO is built for outdoor adventures. Its elevated ground clearance (210 mm, +30 mm vs. standard) and expanded cladding package featuring the forged-carbon-inspired patterns provide increased lower body protection while reinforcing the model’s explorer identity.

The front and rear fascia feature strong vertical connections drawing attention to key functions, while bold interlocking wheel designs wrapped with all-terrain tires enhance the XRT’s rugged capability. Inside, dark metal finishes paired with XRT-exclusive seat patterns and logos unify the XRT aesthetic.

A new sport-inspired variant of the all-new TUCSON will debut at the 2026 Paris Motor Show on October 12.

How Has TUCSON Cemented Its Position as an Iconic Global SUV?

Since its debut in 2004, TUCSON has established itself as Hyundai Motor’s best-selling SUV worldwide. With cumulative global sales exceeding 11.1 million units19, TUCSON continues to serve as a key growth driver for the brand.

The U.S. has been one of TUCSON’s most important markets, accounting for approximately 20 percent of cumulative global sales. Demand for hybrid variants has grown particularly rapidly in the U.S., where hybrid models represented 31 percent of total TUCSON sales in 2025, underscoring the growing importance of electrified SUVs in the market.

When and Where Will The all-new TUCSON Be Available?

The all-new TUCSON will launch in Korea later this year, with North America, Europe and other global markets to follow in 2027.

[Explore The all-new TUCSON in Detail]

Watch the official the all-new TUCSON launch film on Hyundai Worldwide’s YouTube channel. Discover key highlights about the all-new TUCSON [Link].

Technical Specifications

DIMENSIONS

Technology

BIDU Stockholders Have Rights – If You Lost Money Investing in Baidu, Inc. Contact Robbins LLP for Information About Recovering Your Losses

Published

27 minutes ago

October 1, 2026

SAN DIEGO, Oct. 1, 2026 /PRNewswire/ — Shareholder rights law firm Robbins LLP reminds investors that a class action was filed on behalf of persons and entities who purchased or otherwise acquired Baidu, Inc. (NASDAQ: BIDU) securities, including call options, between November 18, 2025 and August 17, 2026, inclusive (the “Class Period”). Baidu is a Chinese technology company that operates the most popular internet search engine in China.

The complaint alleges that Baidu, Inc. overstated the ability of its AI business to mitigate rapid declines in its legacy online marketing business.

Investors who suffered significant losses during the Class Period may be eligible to participate in the lawsuit and should contact Robbins LLP before the November 13, 2026, lead plaintiff deadline.

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Why Was Baidu Sued?

According to the complaint, online Marketing Services is Baidu’s core legacy business, which represented approximately 53.1% of total revenues for the third quarter of 2025. However, Online Marketing Services revenue for the third quarter of 2025 fell 17.6% compared to the third quarter of 2024. Despite this, Baidu assured investors that its new Core AI-powered Business growth had, and would continue to, meaningfully mitigate Baidu’s Online Marketing Services decline.

The complaint alleges that, during the Class Period, defendants failed to disclose to investors:

(1) that the Company had overstated the ability of its AI business to mitigate rapid declines in its legacy online marketing business;

(2) that, as a result, the Company’s revenue was reasonably likely to decline; and

(3) that, as a result, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Why Did BIDU Stock Drop?

The complaint alleges that on February 26, 2026, Baidu reported fourth quarter and full year 2025 financial results, revealing that total revenue fell more than 4% year over year for the fourth quarter to RMB32.74 billion (or $4.68 billion) and fell more than 3% year over year for the full year to RMB129.079 billion (or $18.458 billion). However, Baidu management assured investors its “AI-Powered Business” grew 48% year over year to RMB40 billion for fiscal year 2025, mitigating this transition. On this news, the price of Baidu American Depositary Shares (“ADS”) fell $7.50 per share or 5.65%, to close at $125.15 per share on February 26, 2026.

Then, on August 18, 2026, Baidu reported second quarter 2026 financial results, revealing that Baidu General Business revenue fell 4% year over year to RMB25.2 billion (or $3.71 billion), with Legacy Business revenue falling 23% year over year to RMB10.4 billion and total Online Marketing Services revenue falling 19% year over year to RMB13.1 billion. Critically, the Baidu Core AI-powered business fell 8% quarter over quarter to RMB12.5 billion (or $1.86 billion), its year-over-year growth having decelerated from 49% in the first quarter of 2026 to 25%, and its largest component, AI Cloud Infra, having fallen 17% quarter over quarter from RMB8.8 billion to RMB7.3 billion. On this news, the price of Baidu ADS fell $13.25 per share, or 12.73%, to close at $90.87 on August 18, 2026.

Who May Be Eligible to Participate in the Baidu Class Action?

The lawsuit seeks to represent investors who purchased or otherwise acquired Baidu, Inc. securities between November 18, 2025 and August 17, 2026. Investors who suffered losses during that period may have legal rights under the federal securities laws.

What Is a Lead Plaintiff?

The lead plaintiff is a court-appointed investor who represents the interests of all class members throughout the litigation. Stockholders who wish to lead the class action should contact Robbins LLP for information before the November 13, 2026, lead plaintiff deadline.

Serving as lead plaintiff is not required to share in any potential recovery. Investors who do not seek appointment may remain absent class members if the case proceeds and later resolves successfully.

Does It Cost Anything to Participate?

No. Robbins LLP represents investors on a contingency fee basis.

Why Robbins LLP?

A recognized leader in shareholder rights litigation, Robbins LLP represents investors in securities fraud and shareholder derivative litigation. We have helped restore more than $2 billion in value to shareholders and secured some of the largest recoveries in shareholder derivative litigation history.

“Companies have an obligation to provide investors with complete and accurate information so that markets can function fairly and efficiently,” said Brian J. Robbins, Founding Partner of Robbins LLP.

To be notified if a class action against Baidu, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

Contact Robbins LLP

Investors seeking additional information about the Baidu, Inc. securities class action may contact Robbins LLP by submitting an inquiry, emailing attorney Aaron Dumas, Jr., or calling (800) 350-6003.

Attorney Advertising.Past results do not guarantee a similar outcome.

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SOURCE Robbins LLP

Technology

GMP Labeling Celebrates 40 Years of US Manufacturing for Regulated Industries

Published

27 minutes ago

October 1, 2026

GRANITE BAY, Calif., Oct. 1, 2026 /PRNewswire/ — As pharmaceutical and biotechnology sectors navigate evolving global supply chain risks, GMP Labeling Inc. is utilizing Manufacturing Day 2026 to highlight its nearly 40-year history as a domestic manufacturer of critical compliance identification. The company specializes in the foundational traceability components required for stringent regulatory environments. View the company’s core capabilities and full catalog.

While often viewed as minor components, labels for quality control, sample identification, and equipment status represent a potential vulnerability in highly regulated production lines. Material inconsistencies or shipping delays can interrupt manufacturing workflows, complicate federal audits, and compromise the integrity of quality records.

“In the highly regulated environments of biotechnology and medical manufacturing, a label is far more than a simple supply item,” said Robin Kalsbeek, General Manager of GMP Labeling. “It is a critical element of traceability and compliance.”

Strategic advantages for life sciences

For pharmaceutical and medical device manufacturers, the company’s domestic production model supports specific operational requirements:

Supply Chain Reliability: Stock quality control labels remain available for rapid dispatch to prevent production bottlenecks.Material Continuity: Revision-controlled development and lot segregation practices ensure material consistency, mitigating risk for long-term projects.Regulatory Qualification: The ISO 9001-certified quality management system is open for customer review, facilitating the documentation required for rigorous supplier evaluation programs.Environmental Performance: Specialized engineering enables label durability in demanding conditions, including cryogenic storage, autoclave cycles, and xylene exposure.

GMP Labeling has maintained its manufacturing footprint in the United States since its founding in 1987. The organization provides a stable alternative to international suppliers susceptible to logistics volatility.

This domestic focus ensures that biotech and medical device firms can maintain continuous compliance with safety standards through dedicated account management and technical expertise. The company’s catalog further extends to facility signs, barcode printers, and custom identification solutions designed for cleanroom-compatible applications.

GMP Labeling is a trusted provider of compliance-focused label solutions for medical device, pharmaceutical, biotechnology, and other regulated manufacturing environments. GMP Labeling partners with leading technology and material suppliers to deliver durable, traceable, and customizable labeling systems that support quality, safety, and regulatory requirements. The company’s solutions include quality control labels, custom labels, asset tags, calibration and safety labels, thermal printers, ribbons, and software integration services.

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SOURCE GMP Labeling Inc.

Technology

Midea and Electrolux Group Officially Begin New Chapter in North America as All Three Joint Ventures Go Live

Published

27 minutes ago

October 1, 2026

By combining their complementary strengths, the two companies are creating a more localized and competitive platform to develop innovative products, enhance operational efficiency and support long-term sustainable growth.

CHARLOTTE, N.C., Oct. 2, 2026 /PRNewswire/ — Midea Group and Electrolux Group are advancing their long-term strategic partnership in North America as all three joint ventures are now live. This milestone brings together two global industry leaders with a shared ambition: to strengthen product competitiveness, accelerate innovation and deliver even greater value to consumers and customers.

The partnership was announced on April 23, 2026, building on more than 20 years of collaboration. It brings together the companies’ capabilities in manufacturing, product development, innovation, supply chain and commercial strategies to deliver stronger value to customers and consumers in North America.

“As all three joint ventures go live, the partnership marks a concrete step forward in the companies’ long-term strategy in North America. By bringing our strengths together and working more closely across product development, operations and go-to-market, we can convert years of collaboration into new opportunities to innovate, improve efficiency and better serve consumers and customers,” said Louis Zhao, Vice President of Midea Group & President of Smart Home Business Group.

“This partnership marks a major milestone in the execution of Electrolux Group’s strategy and puts us in a position to accelerate profitable growth. It enables us to continue to invest in sustainable, consumer-centric innovations to serve our customers and consumers with even stronger product offerings in North America,” said Yannick Fierling, President & CEO of Electrolux Group.

Looking ahead, Midea Group and Electrolux Group will continue strengthening local manufacturing and supply capabilities to meet evolving consumer needs. Together, the companies plan to achieve annual North American production of Food Preservation and Fabric Care products that is roughly double current capacity, while also expanding into new product categories.

About Midea Group

Midea is a global technology group covering seven business segments, including smart home, industrial technology, building technologies, robotics and automation, energy, healthcare, as well as smart logistics. Founded in 1968, Midea serves over 500 million users annually and operates more than 400 subsidiaries, 41 R&D centers and 68 major production bases across more than 200 countries and regions. The group has invested over USD 10.4 billion in R&D over the past five years.

About Electrolux Group

Electrolux Group is a leading global appliance company that has been shaping living for the better for more than 100 years. Through leading brands including Electrolux, AEG and Frigidaire, the group delivers solutions across taste, care and well-being to consumers in around 120 markets, with sustainability at the heart of its products and operations. In 2025, Electrolux Group recorded sales of 131 billion Swedish kronor and employed approximately 39,000 people worldwide.

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SOURCE Midea Group Co., Ltd