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Hyundai Gains Ground in Europe With Small EVs and SUVs

Hyundai Gains Ground in Europe With Small EVs and SUVs

SEOUL, Sept. 23 (Korea Bizwire) — Hyundai Motor is making inroads into Europe’s most competitive markets, including France, Germany and the United Kingdom, where local and German brands have long dominated. The push is fueled by the popularity of its affordable Inster electric vehicle — sold in Korea as the Casper EV — and steady demand [...]

Hyundai Bets Big on Electrification and Software in $56 Billion Push Toward the Future of Mobility

Hyundai Bets Big on Electrification and Software in $56 Billion Push Toward the Future of Mobility

SEOUL, Sept. 18 (Korea Bizwire) — Thirty years ago, Hyundai Motor Co. was still shedding its image as a latecomer, eager to catch up with established automakers in the United States, Europe and Japan. Today, South Korea’s largest carmaker is aiming to leap ahead, announcing its most ambitious growth strategy yet: a 77.3 trillion won [...]

Hyundai Showcases Fusion of Art and Technology at ‘Zero1ne Day’ in Seoul

Hyundai Showcases Fusion of Art and Technology at ‘Zero1ne Day’ in Seoul

SEOUL, Sept. 16 (Korea Bizwire) — Hyundai Motor Group said Tuesday it will host a special technology-based exhibition in Seoul this week highlighting creative projects that explore the intersection of technology, art and mobility. The five-day event, named “2025 Zero1ne Day,” will run from Wednesday at the group’s multipurpose venue in eastern Seoul. It will [...]

Hyundai Faces Dual Headwinds in U.S. as EV Tax Credit Ends and Battery Plant Delays Mount

Hyundai Faces Dual Headwinds in U.S. as EV Tax Credit Ends and Battery Plant Delays Mount

SEOUL, Sept. 15 (Korea Bizwire) — Hyundai Motor Group is grappling with twin challenges in the U.S. market: the imminent end of federal tax credits for electric vehicles and a delay in the completion of its joint battery plant with LG Energy Solution. The Biden administration’s Inflation Reduction Act incentives, which offered up to $7,500 in [...]

Korean Regulator Orders Volkswagen to Fix Faulty Air Conditioners in Audi Q4 e-tron

Korean Regulator Orders Volkswagen to Fix Faulty Air Conditioners in Audi Q4 e-tron

SEOUL, Sept. 12 (Korea Bizwire) — South Korea’s consumer dispute panel has ruled that Volkswagen Group Korea must provide free inspections and replacements for defective air-conditioning systems in certain Audi Q4 e-tron 40 models, citing structural flaws that caused repeated failures. The Korea Consumer Agency’s dispute settlement committee said on Thursday that its review found the [...]

Hyundai Mobis Showcases Holographic Cockpit Vision at Munich Mobility Show

Hyundai Mobis Showcases Holographic Cockpit Vision at Munich Mobility Show

MUNICH, Sept. 11 (Korea Bizwire) — Hyundai Mobis, the parts and technology arm of Hyundai Motor Group, used Europe’s largest mobility exhibition on Tuesday to sharpen its ambition of becoming a global top-three auto supplier, highlighting its push into electrification and software-defined vehicles. At the IAA Mobility 2025 in Munich, Axel Maschka, the company’s head [...]

Hyundai Unveils First Small EV Concept at Munich Mobility Show

Hyundai Unveils First Small EV Concept at Munich Mobility Show

MUNICH, Sept. 9 (Korea Bizwire) — Hyundai Motor unveiled its first small electric vehicle concept on Tuesday at Europe’s largest mobility fair, underscoring the South Korean automaker’s push to expand its EV lineup into the compact segment, where demand is strongest in Europe. The concept car, dubbed “Concept THREE,” was introduced at the IAA Mobility 2025 [...]

BYD’s First Passenger Car in Korea Scores Low in Safety Test

BYD’s First Passenger Car in Korea Scores Low in Safety Test

SEOUL, Sept. 3 (Korea Bizwire) — BYD’s debut passenger model in South Korea, the Atto 3, has received a disappointing safety rating in the nation’s official crash and safety assessments, dealing a setback to the Chinese automaker as it seeks to expand in one of the world’s most competitive car markets. The Korea Transportation Safety Authority [...]