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Hyundai and Kia Join Efforts to Bolster Fire Safety for Electric Vehicles

Hyundai and Kia Join Efforts to Bolster Fire Safety for Electric Vehicles

SEOUL, Mar. 19 (Korea Bizwire) – Hyundai Motor and Kia have formed a partnership with government agencies, academic institutions, and industry associations to develop advanced firefighting technologies aimed at improving the safety of electric vehicles in the event of fires. On March 18, the automakers signed a joint agreement with the National Fire Agency Research Institute, [...]

Luxury Automakers Roll Out Bespoke Programs to Woo South Korea’s Affluent Buyers

Luxury Automakers Roll Out Bespoke Programs to Woo South Korea’s Affluent Buyers

SEOUL, Mar. 18 (Korea Bizwire) – With their vehicles commanding prices of over 300 million won apiece, the world’s most elite automakers are accelerating their courtship of South Korea’s luxury car market, unveiling custom programs, flagship brand centers and exclusive limited editions. Even as overall imported car sales dipped last year amid economic headwinds, demand for [...]

Hyundai Motor and Kia Reach Global Milestone with 5 Million Eco-Friendly Car Sales

Hyundai Motor and Kia Reach Global Milestone with 5 Million Eco-Friendly Car Sales

SEOUL, March 17 (Korea Bizwire) – Hyundai Motor Co. and Kia Corp., South Korea’s biggest carmakers, have sold more than an accumulated 5 million eco-friendly vehicles in the global market over the past 15 years, company officials said Sunday. The two companies sold a total of 5.11 million units of eco-friendly cars, including hybrid electric [...]

Hyundai Motor, Kia to Recall Nearly 170,000 EVs over Charging Software Error

Hyundai Motor, Kia to Recall Nearly 170,000 EVs over Charging Software Error

SEOUL, Mar. 14 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp. will voluntarily recall nearly 170,000 electric vehicles (EV) to address a software error in the charging system, the government said Thursday. The Ministry of Land, Infrastructure and Transport said 12 car models totaling 232,000 units from Hyundai Motor, Kia, Stellantis Korea and Tesla [...]

Battery Industry Charges Ahead: Breakthroughs Aim to Slash Electric Vehicle Charging Time

Battery Industry Charges Ahead: Breakthroughs Aim to Slash Electric Vehicle Charging Time

SEOUL, Mar. 12 (Korea Bizwire) – In a race against time, the battery sector is making strides towards developing technology that could dramatically speed up the charging process for electric vehicle (EV) batteries. The current benchmark to charge an EV battery to 80% capacity takes anywhere from 30 minutes to an hour, but the goal now [...]

Hyundai Launches Trade-In Program to Boost EV Sales in South Korea

Hyundai Launches Trade-In Program to Boost EV Sales in South Korea

SEOUL, Mar. 8 (Korea Bizwire) –Hyundai Motor has announced the introduction of a trade-in program for electric vehicles (EVs) in the South Korean market, aimed at increasing EV sales by offering competitive incentives to customers. Starting from March 1, purchasers of Hyundai EVs, including models like the Ioniq 5 and 6, and the Kona Electric, [...]

Electric Vehicle Industry Showcase EV Trend Korea 2024 Kicks Off in Seoul

Electric Vehicle Industry Showcase EV Trend Korea 2024 Kicks Off in Seoul

SEOUL, Mar. 7 (Korea Bizwire) – The highly anticipated EV Trend Korea 2024 exhibition opened its doors on March 6 in Seoul’s Gangnam district, at the COEX Convention and Exhibition Center, presenting a forward-looking vista into the electric vehicle (EV) and charging infrastructure sector.  Organized by the Ministry of Environment, in partnership with COEX and the [...]

Hyundai Motor Introduces Revamped Ioniq 5 EV

Hyundai Motor Introduces Revamped Ioniq 5 EV

SEOUL, Mar. 4 (Korea Bizwire) — Hyundai Motor Co., South Korea’s leading automaker, on Monday announced the release of a redesigned version of its Ioniq 5 electric vehicle. The revamped Ioniq 5 features an increased battery capacity, growing from 77.4 kWh to 84.0 kWh, which in turn increases its all-electric range. It can travel up [...]

Eco-friendly Car Registrations Overtake LPG Models for 1st Time in 2023: Data

Eco-friendly Car Registrations Overtake LPG Models for 1st Time in 2023: Data

SEOUL, Mar. 4 (Korea Bizwire) — The number of eco-friendly car registrations in South Korea surpassed that of liquefied petroleum gas (LPG) models for the first time last year, according to data Monday. According to data from the Ministry of Land, Infrastructure and Transport, cumulative registration of domestic eco-friendly cars, such as hybrids, electric and [...]