SEOUL, Nov. 23 (Korea Bizwire) — Hyundai Motor Co. said Monday that it will roll out its Hyundai Selection mobility subscription service on the southern resort island of Jeju. The South Korean automaker will first offer electric vehicle (EV) subscription services to cater to the region’s high demand for eco-friendly car rentals. The company offers [...]
SEOUL, Nov. 23 (Korea Bizwire) — BMW said Tuesday it will strengthen its electric vehicle lineup in South Korea to meet growing demand for environment friendly vehicles. This week, BMW added the all-electric iX flagship SUV and the iX3 midsized SUV to its existing EV lineup composed of the pure electric i3 subcompact car and [...]
SEOUL, Nov. 22 (Korea Bizwire) — Hyundai Motor Group has promised to create 46,000 new jobs over the next three years as part of the government’s youth job and education support project, the Prime Minister’s Office said Monday. The country’s top automotive conglomerate, which has Hyundai Motor Co. and Kia Corp. under its wing, will [...]
SEOUL, Nov. 19 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp. said Friday they will promote their environment-friendly vehicles in a Chinese motor show to revive lackluster local sales. Hyundai introduced the localized Tucson SUV and the Tuscon N Line model in the 19th China Guangzhou International Automobile Exhibition, with a plan to [...]
SEOUL, Nov. 18 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp. said Thursday they have unveiled their electric concept SUVs at the Los Angeles Auto Show as they strengthen their all-electric portfolios in line with rival carmakers’ electrification push. Hyundai and Kia debuted the large-sized “Seven” and flagship “EV9″ concept models built on [...]
SEOUL, Nov. 16 (Korea Bizwire) — An increasing number of South Korean consumers are becoming frustrated with U.S. electric vehicle maker Tesla Inc.’s sluggish maintenance measures. The Ministry of Land, Infrastructure, and Transport reported 561 Model S and 516 Model 3 vehicles have been subject to a recall this year. Among them, only 398 (70.9 [...]
SEOUL, Nov. 15 (Korea Bizwire) — Sales of electric vehicles (EVs) in South Korea almost doubled in the first three quarters of this year from a year earlier, ranking seventh in the world, data showed Monday. A total of 71,006 EVs were sold in Asia’s fourth-largest economy in the January-September period, up 96 percent from [...]
SEOUL, Nov. 12 (Korea Bizwire) – General Motors Co. said Friday it will launch 10 electric vehicles in South Korea by 2025 as part of its strategy to gradually shift away from internal combustion engine cars to zero-emission ones. GM Senior Vice President Steve Kiefer outlined the Detroit carmaker’s EV plans for the Korean market [...]
SEOUL, Nov. 11 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, said Thursday it will sell only electric vehicles in Europe from 2035 and in other major markets from 2040 as it seeks to gradually phase out internal combustion-engine cars in global markets. Kia announced the 2045 carbon neutrality strategy as governments around the [...]
SEOUL, Nov. 11 (Korea Bizwire) — Hyundai Motor Group seeks to build an integrated data platform to provide real-time and tailored mobility services as part of its push toward the fast-evolving future industry, its division chief said Thursday. “Connected data is the basis of a platform. We plan to build a ‘data lake’ that utilizes [...]