SEOUL, Feb. 26 (Korea Bizwire) — Hyundai Motor Co.’s IONIQ 5 all-electric model is receiving strong responses in the domestic market, with its first-day preorders exceeding 23,000 units, the country’s top automaker said Friday. Hyundai started receiving orders for the IONIQ 5 midsize crossover utility vehicle Thursday well ahead of the model’s launch in the [...]
SEOUL, Feb. 25 (Korea Bizwire) — South Korean automaking giant Hyundai Motor Group said Thursday it has earned the most Top Safety Pick awards from the Insurance Institute for Highway Safety (IIHS). Hyundai Motor Co., Hyundai’s independent brand Genesis and affiliate Kia Corp. received 12 Top Safety Pick (TSP) and five Top Safety Pick+ (TSP+) [...]
SEOUL, Feb. 24 (Korea Bizwire) — South Korean carmakers are facing a crisis as the global automaking industry is being hit by a shortage of semiconductors. Hyundai Motor Co. and affiliate Kia Corp. are checking the stocks of semiconductors each week, adjusting manufacturing plans to prioritize the production of cars with ample stock of automotive [...]
SEOUL, Feb. 24 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it will replace batteries in some 82,000 Kona EV and two other electric vehicles sold globally due to potential fire risks, which could cost about 1 trillion won (US$899.7 million). Hyundai will begin the replacement of the battery management system (BMS) in 75,680 Kona [...]
SEOUL, Feb. 23 (Korea Bizwire) — South Korean auto giant Hyundai Motor Co. on Tuesday unveiled the IONIQ 5, the first model embedded with its own electric vehicle platform, as it strives to morph into a future mobility solutions provider. The IONIQ 5 midsize crossover utility vehicle is the first model equipped with Hyundai Motor [...]
SEOUL, Feb. 23 (Korea Bizwire) — Motional, a joint venture between Hyundai Motor and Aptiv, said Tuesday it has tested self-driving vehicles on public roads in the United States, becoming one of the world’s first companies to achieve Level 4 autonomy. The Boston-based company said it tested multiple autonomous vehicles with and without a safety [...]
SEOUL, Feb. 23 (Korea Bizwire) – Hyundai Motor Co.’s luxury car brand Genesis said Monday that it will diversify its monthly car subscription service in light of the price range and type of vehicle by adding a new option that allows users to subscribe to only one type of car. Genesis Spectrum, launched in 2018, is the country’s [...]
SEOUL, Feb. 22 (Korea Bizwire) — Hyundai Motor Group said Monday its honorary chairman will step down from all management positions at affiliates next month after 20 years of efforts to improve the carmaker’s brand awareness and product quality. Hyundai Motor Group Honorary Chairman Chung Mong-koo will step down from his executive director position on [...]
SEOUL, Feb. 22 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s leading auto parts maker, has succeeded in developing the world’s first automotive tail lamp that can be bent like a thin film. The company said Sunday that it developed an HLED that can perform the roles of both brake light and rear light simultaneously, [...]
SEOUL, Feb. 19 (Korea Bizwire) — Hyundai Motor Group said Thursday that it has developed a next-generation Connected Car artificial intelligence (AI) voice recognition technology that allows drivers to easily control their cars with verbal commands. This AI-based technology offers an upgraded Connected Car experience where drivers can verbally control their cars, adjust system settings, [...]