SEOUL, Feb. 23 (Korea Bizwire) — South Korean auto giant Hyundai Motor Co. on Tuesday unveiled the IONIQ 5, the first model embedded with its own electric vehicle platform, as it strives to morph into a future mobility solutions provider. The IONIQ 5 midsize crossover utility vehicle is the first model equipped with Hyundai Motor [...]
SEOUL, Feb. 16 (Korea Bizwire) — With a string of new electric vehicles (EVs) being rolled out this year by major carmakers, a consensus is building up among South Korean consumers that the popularization of EVs should be promoted in order to protect the environment. Market research firm M-Brain Trend Monitor recently conducted a survey [...]
SEOUL, Feb. 15 (Korea Bizwire) — Hyundai Motor Co. on Monday unveiled the interior design of the IONIQ 5, the first all-electric model with its own electric vehicle platform, ahead of its global unveiling next week. The IONIQ 5 midsize crossover vehicle comfortably accommodates both passengers and cargo as the electric-global modular platform allows for [...]
SEOUL, Feb. 8 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp. said Monday they are not in talks with Apple Inc. over an electric car manufacturing project in response to reports of their suspended discussions. In separate regulatory filings, Hyundai and Kia, which together form the world’s fifth-biggest carmaker by sales, said they [...]
SEOUL, Feb. 3 (Korea Bizwire) — Kia Corp. will use its Niro electric vehicle in Singapore as a delivery vehicle for fresh food. The South Korea’s second-biggest carmaker joined hands with local cold chain startup S.lab Asia Inc. for a project to create a last-mile delivery purpose built vehicle (PBV). Last-mile delivery refers to the [...]
SEOUL, Jan. 18 (Korea Bizwire) — South Korea’s exports of rechargeable batteries rose for the fifth consecutive year in 2020 despite the coronavirus impact, data showed Monday. Overseas shipments of rechargeable batteries came to 7.2 trillion won (US$6.6 billion) last year, up 2.9 percent from the previous year, according to the data from the industry [...]
SEOUL, Jan. 14 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it will expand the operation of the ‘visiting charging service’ for its electric vehicle (EV) customers. This service is available when EV batteries are discharged during driving-on status or when customers have difficulty going to charging stations. Hyundai staff visit the location at the [...]
SEOUL, Jan. 13 (Korea Bizwire) — Hyundai Motor Co. on Wednesday released a teaser for the IONIQ 5, the first all-electric model with its own EV platform called the electric-global modular platform (E-GMP), ahead of its global unveiling next month. The IONIQ 5 midsize crossover vehicle comes with a battery that enables driving over 500 [...]
SEOUL, Jan. 8 (Korea Bizwire) — Parking a car at a standard electric vehicle (EV) charging station for more than 12 hours will now result in a fine. The Ministry of Trade, Industry and Energy announced that a new bill will be implemented to prevent cars from blocking other drivers from charging their EVs. Previously, [...]
SEOUL, Jan. 8 (Korea Bizwire) — Shares in Hyundai Motor Co. soared by nearly 20 percent on Friday as the South Korean carmaker is in talks with Apple Inc. for potential partnership in developing electric cars and batteries. Hyundai Motor jumped 19 percent to 246,000 won, far outperforming the broader KOSPI’s 4 percent gain. “We’ve [...]