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Hyundai Motor Releases Mobile Office Bus

Hyundai Motor Releases Mobile Office Bus

SEOUL, Dec. 20 (Korea Bizwire) — Hyundai Motor Co. announced on Monday the launch of the Universe Mobile Office bus, South Korea’s first mass-produced mobile office. The model is derived from Hyundai’s premium Universe bus, recreating it as an office space. Passengers can work and rest while they’re on the road. The private workspace consists of [...]

Genesis Speeds Up Electrification Drive as Demand for Diesel Models Plunges

Genesis Speeds Up Electrification Drive as Demand for Diesel Models Plunges

SEOUL, Dec. 19 (Korea Bizwire) — Genesis, the luxury brand of Hyundai Motor Co., has decided to halt new internal combustion engine models from 2025 amid a precipitous drop in the share of its diesel models in the domestic market. According to industry sources, Genesis saw its cumulative domestic sales reach 119,839 units in the [...]

Hyundai to Supply Hydrogen Trucks to Israeli Firms

Hyundai to Supply Hydrogen Trucks to Israeli Firms

SEOUL, Dec. 13 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Tuesday it will supply hydrogen fuel-cell trucks to three Israeli companies, as it seeks to promote its hydrogen commercial vehicles in the Middle Eastern markets. Hyundai Motor has signed separate deals with vehicle importer Colmobil Corp., hydrogen producer Bazan and hydrogen refueling station [...]

Hyundai Motor to Supply Hydrogen Fuel-cell Systems to German Truck Company

Hyundai Motor to Supply Hydrogen Fuel-cell Systems to German Truck Company

SEOUL, Dec. 12 (Korea Bizwire) — South Korean auto giant Hyundai Motor Group said Monday it will supply more than 1,000 hydrogen fuel-cell systems to a German environment-friendly vehicle maker in a three-year deal. Under the contract, Hyundai Motor Group will supply 1,100 hydrogen fuel-cell systems for eco-friendly garbage and cargo trucks to be manufactured [...]

Auto Exports Hit Record High in Nov. on Popularity of Eco-friendly Cars

Auto Exports Hit Record High in Nov. on Popularity of Eco-friendly Cars

SEOUL, Dec. 12 (Korea Bizwire) — South Korea’s car exports reached an all-time high in November on strong demand for eco-friendly cars and stable supply of automotive semiconductors, data showed Monday. The value of outbound shipments of automobiles came to US$5.4 billion last month, up 31 percent on-year to set the largest monthly record, according [...]

Hyundai, Kia Break 200,000 Mark in Cumulative EV Sales in Europe

Hyundai, Kia Break 200,000 Mark in Cumulative EV Sales in Europe

SEOUL, Dec. 12 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. have broken the 200,000 mark in cumulative electric vehicle (EV) sales in the European Union, industry data showed Sunday. According to the European Automobile Manufacturers’ Association (ACEA), Kia had sold 200,984 EVs in the European market as of late October 2022. [...]