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Hyundai, Kia Sell More Plug-In Hybrid EVs Overseas

Hyundai, Kia Sell More Plug-In Hybrid EVs Overseas

SEOUL, May 17 (Korea Bizwire) – Hyundai Motor Co. and Kia Motors Corp., South Korea’s two biggest carmakers, said Wednesday they have sold more plug-in hybrid electric vehicles (PHEVs) in overseas markets this year due to good consumer demand for the latest green cars.  In the January-April period, Hyundai and its sister company Kia exported [...]

Hyundai Mobis to Open Proving Ground to Test Parts, Technology

Hyundai Mobis to Open Proving Ground to Test Parts, Technology

SEOUL, May 16 (Korea Bizwire) – Hyundai Mobis Co., an auto parts affiliate of Hyundai Motor Group, said Tuesday it will open its first domestic proving ground starting in June to test auto parts and related technologies.  The country’s biggest auto parts maker by sales invested about 300 billion won (US$268 million) in the past [...]

Carmakers Balk at Moon’s Pledges Against Diesel Cars

Carmakers Balk at Moon’s Pledges Against Diesel Cars

SEOUL, May 16 (Korea Bizwire) – Carmakers on Monday balked at President Moon Jae-in’s pledges against diesel-powered vehicles, citing no alternatives to the fuel-efficient cars particularly for businesses. During the campaign, President Moon vowed to fully remove diesel-fueled vehicles from the street by 2030 to help sharply reduce air pollutants. He said his government will reduce fine dust [...]

Patents for Mirrorless Cars on the Rise

Patents for Mirrorless Cars on the Rise

DAEJEON, May 15 (Korea Bizwire) – Last year, South Korea lawmakers revised legislation related to vehicle parts standards, permitting cars to have their traditional wing mirrors replaced with camera monitoring systems. These so-called mirrorless cars are the imminent future of the automotive industry, and they’re much safer than conventional side view mirrors, offering a wider [...]

S. Korea EV Sales Soar in Q1 on Prices, Infrastructure

S. Korea EV Sales Soar in Q1 on Prices, Infrastructure

SEOUL, May 15 (Korea Bizwire) – All-electric vehicle sales in South Korea posted a nearly nine-fold jump in the first quarter on improving infrastructure and reasonable prices, industry associations said Monday.  Carmakers sold a combined 1,729 electric vehicles in the January-March period, soaring from 193 a year earlier, according to data offered by the Korea [...]