SEOUL, May 12 (Korea Bizwire) — Hyundai Motor Co. sold more than 500,000 units of vehicles under its independent Genesis brand since its launch five years ago, the company said Wednesday. Hyundai sold 378,999 Genesis vehicles in the domestic market and 121,192 units overseas since November 2015, the company said in a statement. The Genesis [...]
SEOUL, May 11 (Korea Bizwire) — South Korea said Tuesday eco-friendly cars, including electric models, accounted for 71 percent of the total vehicles purchased by public organizations last year, as the country continued its efforts to go carbon neutral by 2050. The country’s 609 public organizations purchased 7,736 automobiles in 2020, of which 5,494 were [...]
SEOUL, May 11 (Korea Bizwire) — Hyundai Motor Co. has launched a new service in which the company will pick up, charge and wash a customer’s electric vehicle (EV). The South Korea’s largest automaker said Monday that it launched the ‘pickup & charging’ service for owners of the IONIQ 5, Kona Electric and IONIQ Electric [...]
SEOUL, May 10 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp. are taking steps to bring about the vehicle-to-grid (V2G) commercialization era. V2G refers to the technology of using idle battery power by connecting electric vehicles to the power grid. The two companies signed a business agreement with Hyundai Capital Services Inc., an [...]
SEOUL, May 6 (Korea Bizwire) — Sales of imported vehicles in South Korea jumped 12 percent in April from a year earlier on robust sales of German cars, an industry association said Thursday. The number of newly registered foreign vehicles climbed to 25,578 units last month from 22,945 a year ago despite the COVID-19 pandemic, [...]
SEOUL, May 5 (Korea Bizwire) — Kia Corp., South Korea’s No. 2 automaker, said Wednesday its first all-electric model, the EV6, logged decent presale orders in Europe. According to the automaker, presale orders for the EV have topped 7,000 in Britain, France, Germany and other major countries, with the number set to further rise. Kia [...]
SEOUL, May 4 (Korea Bizwire) — South Korean carmaker Hyundai Motor Co. said Tuesday it will launch the Genesis brand in Europe this summer to gain a share in the high-end and electric vehicle markets. Hyundai Motor will initially launch the G80 sedan and the GV80 SUV in European markets, such as Germany, Britain and [...]
SEOUL, May 4 (Korea Bizwire) — South Korean automaker Hyundai Motor Co. slipped to second place in the fuel cell electric vehicle (FCEV) market in the first quarter as Japanese rival Toyota clinched the top rank with the release of a new model, industry data showed Tuesday. Global FCEV sales jumped 89.2 percent on-year to [...]
SEOUL, May 4 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, on Tuesday launched the hybrid version of the K8 sedan in the domestic market, completing a four-model lineup for the vehicle. The K8 hybrid comes with a 1.6-liter gasoline turbo hybrid engine, adding to the lineup of 2.5-liter gasoline, 3.5 gasoline and 3.5 [...]
SEOUL, May 4 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp., South Korea’s two biggest carmakers, said Tuesday their combined U.S. sales more than doubled in April from a year earlier on robust demand for their SUV models. Hyundai and Kia sold a total 147,700 vehicles in the United States last month from [...]