SEOUL, Sept. 3 (Korea Bizwire) – Hyundai Motor Company announced on September 3 the launch of EV Every Care Plus, a program designed to provide integrated management of customers’ electric vehicle lifestyles. The South Korean automaker stated that the program aims to alleviate concerns about electric vehicles and boost customer satisfaction, ultimately promoting the widespread adoption [...]
SEOUL, Sept. 3 (Korea Bizwire) — Casper Electric, the new entry-level mini SUV model from Hyundai Motor Co., made a strong debut last month to become the company’s bestselling electric vehicle model in South Korea, according to industry data Tuesday. The combined domestic sales of Hyundai Motor EVs, including the Casper Electric, Kona Electric, Ioniq [...]
SEOUL, Sept. 2 (Korea Bizwire) — Hyundai Motor Group said Monday it will showcase its latest technologies related to smart city infrastructure at the 2024 World Smart City Expo Korea (WSCE) to be held this week. The South Korean automotive giant will feature various technologies related to smart city infrastructure themed on transport, logistics and [...]
SEOUL, Sept. 2 (Korea Bizwire) — Nearly 60% of electric vehicle (EV) charging stations in South Korea are installed underground, according to a recent government report, raising concerns about fire safety and emergency response capabilities in a country rapidly embracing electric mobility. The data, released by the Ministry of Environment to lawmaker Lim Lee-ja of the [...]
SEOUL, Sept. 1 (Korea Bizwire) – Exports of hybrid cars by Hyundai Motor Co. and its affiliate Kia Corp. jumped 35.2 percent on-year in the first seven months of this year, industry data showed Sunday. Hyundai Motor and Kia exported a total of 222,818 hybrid vehicles between January and July, compared with 164,851 units for [...]
SEOUL, Aug. 30 (Korea Bizwire) – The chief executive of the global mobility platform Uber said Friday the company sees South Korea as a vitally important market, stating his commitment to growing the company’s taxi business here. “Korea is a large taxi market, and one with strong market opportunity and growing e-hail penetration,” Uber CEO [...]
SEOUL, Aug. 30 (Korea Bizwire) – In response to slowing electric vehicle (EV) adoption, Hyundai Motor has unveiled a new strategy centered on hybrid vehicles (HEVs) and extended-range electric vehicles (EREVs) to navigate the current market challenges. The South Korean automaker presented its updated mid-to-long-term strategy, dubbed Hyundai Way, during its 2024 CEO Investor Day on [...]
SEOUL, Aug. 30 (Korea Bizwire) – Jeep, the American brand renowned for its rugged off-road vehicles, is preparing to launch its first all-electric SUV, the Avenger, in South Korea next month. This move marks a significant step in the brand’s electrification journey and its expansion in the Asian market. The compact electric SUV, which has garnered [...]
SEOUL, Aug. 29 (Korea Bizwire) — The inaugural flight of South Korean low-cost carrier (LCC) T’way Air from Paris to Incheon was canceled due to a technical problem of the aircraft, industry sources said Thursday. Flight TW402, which was scheduled to depart from Paris to Incheon at 8:30 p.m. local time on Wednesday, was canceled [...]
SEOUL, Aug. 28 (Korea Bizwire) – Hyundai Motor Co., South Korea’s leading automaker, said Wednesday it plans to achieve an annual sales volume of 5.55 million vehicles in 2030. Hyundai Motor said the sales target represents a more than 30 percent increase compared to its annual sales figure for 2023. To this end, Hyundai Motor [...]