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 [...]
SEOUL, Jan. 26 (Korea Bizwire) — South Korea’s environment-friendly vehicle registrations exceeded 1.5 million last year on growing awareness of environmental issues and economic efficiency, the transport ministry said Thursday. The number of eco-friendly car registrations increased to an accumulated 1.59 million at the end of 2022, accounting for 6.2 percent of the country’s total [...]
SEOUL, Nov. 21 (Korea Bizwire) — The cumulative number of eco-friendly car registrations has passed the 1.5 million mark in South Korea. According to statistics from the Ministry of Land, Infrastructure and Transport, the number of eco-friendly car registrations stood at 1.52 million vehicles at the end of October, up 38.3 percent from a year [...]
SEOUL, Aug. 9 (Korea Bizwire) — Renault Samsung Motors Corp., the South Korean unit of Renault S.A., said Monday it will partner with Lynk & Co. to develop an environment friendly vehicle in the Korean market. Renault Group has announced it will form a joint venture with Geely, the Chinese owner of Volvo Cars, to [...]
SEOUL, July 19 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp.’s environment friendly vehicle exports jumped 45 percent in the January-May period from a year earlier on strong demand for their hybrid sport utility vehicles. Hyundai and Kia shipped a combined 145,781 eco-friendly vehicles in the first five months, up from 100,691 [...]
SEOUL, May 31 (Korea Bizwire) — Hyundai Motor Group’s eco-friendly vehicle exports jumped 46.6 percent in the first four months of this year compared with a year earlier, led by robust demand for its electric vehicle (EVs) and hybrid models, industry data showed Monday. The combined exports of eco-friendly models by the Korean automotive group’s [...]
SEOUL, Jan. 17 (Korea Bizwire) — Hyundai Motor Group’s environment-friendly vehicle sales in the global market jumped 36 percent to over 500,000 units in 2020 from a year earlier, industry data showed Sunday. Hyundai Motor Co., South Korea’s top automaker, and its affiliate Kia Motors Corp. sold a total of 501,487 units of eco-friendly models, [...]
SEOUL, Sept. 5 (Korea Bizwire) – The chief of South Korea’s top automaker Hyundai Motor Group on Monday called for stepped-up efforts to develop new luxury and environmentally friendly cars to meet future demands, saying the future is already here. Group Chairman Chung Mong-koo also stressed the importance of the U.S. market as he headed [...]
SEJONG, Dec. 8 (Korea Bizwire) – South Korea will seek to have more than 1 million eco-friendly cars on the road by 2020 as part of its plan to reduce greenhouse gas emissions and generate new growth momentum for its auto industry. The 2016-2020 plan will push up the percentage of green cars such as [...]
SEOUL, March 13 (Korea Bizwire) – Hyundai Motor Group Chairman Chung Mong-koo said Friday that the nation’s largest automaker will push to enhance product competitiveness by expanding investment this year amid fierce competition from foreign brands and growing uncertainty at home and abroad. In his greeting to investors ahead of a general meeting of shareholders, Chung said [...]