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Archive by category Mobility

Genesis G90 Embraces the Power of Black in Luxury Sedan Makeover

Genesis G90 Embraces the Power of Black in Luxury Sedan Makeover

SEOUL, Mar. 22 (Korea Bizwire) – Hyundai’s premium Genesis brand has unveiled a blackout edition of its flagship G90 sedan, bathing the luxurious model in what the company calls “the primordial color” to evoke a sense of refined mystique.  Dubbed the Genesis G90 Black, the range-topping trim focuses on elevating the aesthetic of South Korea’s most [...]

South Korea’s Eco-Friendly Car Exports Hit by Global Slump

South Korea’s Eco-Friendly Car Exports Hit by Global Slump

SEOUL, Mar. 21 (Korea Bizwire) – South Korea’s exports of eco-friendly vehicles, including hybrid and electric cars, experienced a significant decline in February, marking the first contraction in over three years, a concerning trend given the country’s rising dependence on electric vehicle (EV) exports.  According to data released on March 20 by the Korea Automobile Manufacturers [...]

Kakao Mobility Advocates for Reinstatement of CEO Amid Accounting Fraud Allegations

Kakao Mobility Advocates for Reinstatement of CEO Amid Accounting Fraud Allegations

SEOUL, March 19 (Korea Bizwire) – Kakao Mobility Corp., South Korea’s top taxi-hailing service operator, has been pushing for plans to reappoint its CEO, despite the state financial regulator’s recommendation to replace him amid allegations of accounting fraud, industry sources said Tuesday. In a general shareholders’ meeting slated for next week, Kakao Mobility will carry [...]

Hyundai Motor Named Official Sponsor of MLB World Tour in Seoul

Hyundai Motor Named Official Sponsor of MLB World Tour in Seoul

SEOUL, Mar. 19 (Korea Bizwire) — Hyundai Motor Co., South Korea’s leading automaker, said Tuesday it has been named an official sponsor of the U.S. Major League Baseball (MLB) World Tour Seoul Series set to open in South Korea this week. The tour features regular MLB season games played in various countries, with this year’s [...]

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 [...]

Kakao Mobility Partners with Startups to Launch ‘NEMO ride’ Autonomous Driving Service on Jeju Island

Kakao Mobility Partners with Startups to Launch ‘NEMO ride’ Autonomous Driving Service on Jeju Island

JEJU, Mar. 15 (Korea Bizwire) – Kakao Mobility, in collaboration with the startup RideFlux and the Jeju Free International City Development Center (JDC), announced on March 15 the launch of an autonomous driving service named ‘NEMO ride’ around a high-tech complex on Jeju Island. Designed to alleviate transportation challenges in areas known for heavy traffic congestion [...]