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Hyundai Motor Named Official Sponsor of MLB World Tour in Seoul

Hyundai Motor Named Official Sponsor of MLB World Tour in Seoul

SEOUL, Mar. 19 (Korea Bizwire) — Hyundai Motor Co., South Korea’s leading automaker, said Tuesday it has been named an official sponsor of the U.S. Major League Baseball (MLB) World Tour Seoul Series set to open in South Korea this week. The tour features regular MLB season games played in various countries, with this year’s [...]

Hyundai and Kia Join Efforts to Bolster Fire Safety for Electric Vehicles

Hyundai and Kia Join Efforts to Bolster Fire Safety for Electric Vehicles

SEOUL, Mar. 19 (Korea Bizwire) – Hyundai Motor and Kia have formed a partnership with government agencies, academic institutions, and industry associations to develop advanced firefighting technologies aimed at improving the safety of electric vehicles in the event of fires. On March 18, the automakers signed a joint agreement with the National Fire Agency Research Institute, [...]

Luxury Automakers Roll Out Bespoke Programs to Woo South Korea’s Affluent Buyers

Luxury Automakers Roll Out Bespoke Programs to Woo South Korea’s Affluent Buyers

SEOUL, Mar. 18 (Korea Bizwire) – With their vehicles commanding prices of over 300 million won apiece, the world’s most elite automakers are accelerating their courtship of South Korea’s luxury car market, unveiling custom programs, flagship brand centers and exclusive limited editions. Even as overall imported car sales dipped last year amid economic headwinds, demand for [...]

Hyundai Motor and Kia Reach Global Milestone with 5 Million Eco-Friendly Car Sales

Hyundai Motor and Kia Reach Global Milestone with 5 Million Eco-Friendly Car Sales

SEOUL, March 17 (Korea Bizwire) – Hyundai Motor Co. and Kia Corp., South Korea’s biggest carmakers, have sold more than an accumulated 5 million eco-friendly vehicles in the global market over the past 15 years, company officials said Sunday. The two companies sold a total of 5.11 million units of eco-friendly cars, including hybrid electric [...]

Kakao Mobility Partners with Startups to Launch ‘NEMO ride’ Autonomous Driving Service on Jeju Island

Kakao Mobility Partners with Startups to Launch ‘NEMO ride’ Autonomous Driving Service on Jeju Island

JEJU, Mar. 15 (Korea Bizwire) – Kakao Mobility, in collaboration with the startup RideFlux and the Jeju Free International City Development Center (JDC), announced on March 15 the launch of an autonomous driving service named ‘NEMO ride’ around a high-tech complex on Jeju Island. Designed to alleviate transportation challenges in areas known for heavy traffic congestion [...]

Hyundai Motor, Kia to Recall Nearly 170,000 EVs over Charging Software Error

Hyundai Motor, Kia to Recall Nearly 170,000 EVs over Charging Software Error

SEOUL, Mar. 14 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp. will voluntarily recall nearly 170,000 electric vehicles (EV) to address a software error in the charging system, the government said Thursday. The Ministry of Land, Infrastructure and Transport said 12 car models totaling 232,000 units from Hyundai Motor, Kia, Stellantis Korea and Tesla [...]

Luxury Corporate Car Registrations Plummet Following Introduction of “Lime Green” License Plates

Luxury Corporate Car Registrations Plummet Following Introduction of “Lime Green” License Plates

SEOUL, Mar. 14 (Korea Bizwire) – The introduction of a distinctive “lime green” license plate system for corporate vehicles earlier this year has led to a significant drop in the registration of high-end imported corporate cars in South Korea. The rush by companies to purchase these vehicles before the new regulations took effect also appears to [...]

Iraqi General Visits S. Korea to Examine KAI’s Surion Helicopter

Iraqi General Visits S. Korea to Examine KAI’s Surion Helicopter

SEOUL, Mar. 13 (Korea Bizwire) – A senior Iraqi Army general visited South Korea last week to look over a homegrown utility helicopter, sources said Wednesday, raising speculation over the Middle Eastern country’s potential purchase of the aircraft. Lt. Gen. Samir Zaki Hussein Al-Maliki, commander of Iraq’s Army Aviation Command, arrived in South Korea on [...]

Battery Industry Charges Ahead: Breakthroughs Aim to Slash Electric Vehicle Charging Time

Battery Industry Charges Ahead: Breakthroughs Aim to Slash Electric Vehicle Charging Time

SEOUL, Mar. 12 (Korea Bizwire) – In a race against time, the battery sector is making strides towards developing technology that could dramatically speed up the charging process for electric vehicle (EV) batteries. The current benchmark to charge an EV battery to 80% capacity takes anywhere from 30 minutes to an hour, but the goal now [...]

Hyundai Launches Trade-In Program to Boost EV Sales in South Korea

Hyundai Launches Trade-In Program to Boost EV Sales in South Korea

SEOUL, Mar. 8 (Korea Bizwire) –Hyundai Motor has announced the introduction of a trade-in program for electric vehicles (EVs) in the South Korean market, aimed at increasing EV sales by offering competitive incentives to customers. Starting from March 1, purchasers of Hyundai EVs, including models like the Ioniq 5 and 6, and the Kona Electric, [...]