SEOUL, April 23 (Korea Bizwire) — Hyundai Motor Co. on Wednesday launched a refreshed version of the Kona, the automaker’s flagship small sport utility vehicle (SUV), with expanded safety and convenience features. The revamped Kona also comes with a new trim level named H-Pick, which includes a range of features as standard, such as blind-spot [...]
SEOUL, April 22 (Korea Bizwire) — South Korea successfully launched its fourth homegrown military spy satellite from a U.S. space base in Florida, the defense ministry said Tuesday, in efforts to strengthen its independent surveillance capabilities on North Korea. A SpaceX Falcon 9 rocket, carrying the spy satellite, lifted off at 8:48 p.m. Monday (U.S. [...]
SEOUL, April 21 (Korea Bizwire) — Hyundai Motor Co. said Monday it has delivered five electric buses to the transportation unit of Japan’s Iwasaki Group, marking its first commercial electric bus delivery in the neighboring country. The South Korean automaker held a delivery ceremony for the Elec City Town buses with Iwasaki Group in Yakushima, [...]
SEOUL, April 21 (Korea Bizwire) — As global automakers confront slowing demand for fully electric vehicles (EVs), South Korean carmakers Kia and Hyundai are turning to range-extended electric vehicles (EREVs) to bridge the adoption gap and unlock new revenue streams for the struggling battery industry. Kia revealed it is developing an EREV pickup model alongside its [...]
SEOUL, April 20 (Korea Bizwire) — As electric vehicle (EV) demand shows signs of plateauing, Hyundai Motor Group is shifting attention to hybrid technology, unveiling a next-generation hybrid system featuring a dual-motor transmission — a first for the company — to bridge performance, efficiency, and adaptability across its vehicle lineup. The new system, introduced at the [...]
SEOUL, April 20 (Korea Bizwire) — Hyundai Motor Co., South Korea’s top automaker, said Sunday it has sold over 500,000 units of the Palisade sport utility vehicle (SUV) in the United States. The cumulative sales of the Palisade in the United States reached 506,425 units as of the end of last month, according to Hyundai’s [...]
SEOUL, April 20 (Korea Bizwire) — Kia has cemented its position as a global automotive powerhouse, with its compact electric SUV, the EV3, winning the coveted title of World Car of the Year (WCOTY) at the 2025 World Car Awards held during the New York International Auto Show. This marks the second consecutive year Kia has [...]
SEOUL, April 20 (Korea Bizwire) — South Korea’s Incheon International Airport ranked third in international passenger traffic last year, its highest ranking since opening in 2001, the airport’s operator said Sunday. The country’s main airport, located about 45 kilometers west of Seoul in Incheon, previously ranked seventh in 2023 and fifth in both 2018 and [...]
SEOUL, April 18 (Korea Bizwire)- South Korea’s Asiana Airlines Inc. on Friday came under fire for mislabeling two Ukrainian cities as part of Russia on its in-flight infotainment system, drawing criticism from Ukrainian nationals and social media users. According to a passenger who shared a photo on Instagram, the cities of Dnipro (formerly Dnepropetrovsk) and [...]
SEOUL, April 17 (Korea Bizwire) — Hyundai Motor will temporarily suspend domestic production of its flagship electric vehicles, the Ioniq 5 and Kona EV, as weakening overseas demand and shifting global subsidy policies weigh heavily on exports. According to industry sources on April 17, Hyundai plans to shut down Line 12 at its Ulsan Plant 1 [...]