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LG Innotek Accelerates Push into Automotive Communication Market with Advanced Digital Key Solution

LG Innotek Accelerates Push into Automotive Communication Market with Advanced Digital Key Solution

SEOUL, July 23 (Korea Bizwire) – LG Innotek, a leading electronics components manufacturer, announced on June 22 its plans to accelerate its expansion into the automotive communication parts market with a cutting-edge digital key solution. Digital keys, which allow users to lock, unlock, and start vehicles using smartphones connected via wireless technology, have seen a surge [...]

KG Mobility, Renault Korea to Challenge Midsize SUV Segment Led by Hyundai, Kia in H2

KG Mobility, Renault Korea to Challenge Midsize SUV Segment Led by Hyundai, Kia in H2

SEOUL, Jul. 23 (Korea Bizwire) — KG Mobility Corp. and Renault Korea Motors Co. are gearing up to release ambitious new midsize sport utility vehicle (SUV) models this year to tackle the popular family leisure car market segment dominated by local industry leaders Hyundai Motor Co. and Kia Corp. KG Mobility, formerly known as Ssangyong [...]

Hyundai Mobis Unveils World’s First Airbags Designed for Purpose-Built Vehicles

Hyundai Mobis Unveils World’s First Airbags Designed for Purpose-Built Vehicles

SEOUL, Jul. 19 (Korea Bizwire) – Hyundai Mobis, a leading automotive supplier, announced on July 18 that it has developed the world’s first airbags specifically designed for Purpose-Built Vehicles (PBVs), addressing the unique safety challenges presented by these versatile and spacious vehicles.  The company has introduced two innovative airbag designs: a door-mounted curtain airbag and a [...]

Hyundai Motor Union Secures Wage Deal, Avoids Strike for Sixth Year in a Row

Hyundai Motor Union Secures Wage Deal, Avoids Strike for Sixth Year in a Row

SEOUL, July 13 (Korea Bizwire) – Hyundai Motor Co.’s labor and management have concluded their wage negotiations without a strike for the sixth year in a row, agreeing on the highest wage increase in the company’s history. The union said Saturday its members have voted to accept a tentative wage deal reached earlier in the [...]

Toyota Joins Hyundai and Kia in ‘Charging Alliance’ to Challenge Tesla’s EV Infrastructure Dominance

Toyota Joins Hyundai and Kia in ‘Charging Alliance’ to Challenge Tesla’s EV Infrastructure Dominance

SEOUL, Jul. 11 (Korea Bizwire) – In a move that could reshape the electric vehicle charging landscape in North America, Toyota, the world’s largest automaker, announced on July 10 its decision to invest in Ionna, a joint venture formed by seven major global car manufacturers to build an extensive EV charging network. Ionna, established last [...]

Hyundai Motor Group Unveils Heartfelt Campaign for Firefighter Support Hydrogen Buses

Hyundai Motor Group Unveils Heartfelt Campaign for Firefighter Support Hydrogen Buses

SEOUL, Jul. 9 (Korea Bizwire) – Hyundai Motor Group has released a poignant campaign video titled “Four-Six, Four-Seven,” showcasing the story of hydrogen electric buses designed to support firefighters’ recovery, the company announced on July 8. The campaign is part of Hyundai’s ongoing collaboration with the National Fire Agency and Jeju Province to donate hydrogen electric [...]