SEOUL, Dec. 3 (Korea Bizwire) – Hyundai Motor Co. and its smaller affiliate, Kia Corp., said Tuesday they will launch a five-year joint project with three Indian colleges starting next year to develop battery and automation technologies. Hyundai and Kia set up the Hyundai Center of Excellence together with India’s three leading engineering colleges to [...]
SEOUL, Mar. 19 (Korea Bizwire) –Hyundai’s Ioniq 5 and Kia’s EV6 muscled their way into the top 10 best-selling electric vehicles in the United States last year, carving out a foothold in a market dominated by Tesla. According to data from the market research firm S&P Global Mobility, the Ioniq 5 registered 31,286 sales in [...]
SEOUL, Nov. 20 (Korea Bizwire) – Hyundai Motor Co. and its smaller affiliate Kia Corp. said Monday their combined vehicle sales in Britain rose 8.7 percent in the January-October period from a year earlier on increased sales of environmentally friendly models. In the first 10 months, Hyundai and Kia sold a total of 173,428 vehicles [...]
SEOUL, May 23 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. have introduced an innovative “Stepless Swing & Sliding Door Technology” for truck beds, aiming to enhance convenience and efficiency. This groundbreaking development allows the side doors of the cargo area to function as both sliding and swing doors, offering flexibility in loading and unloading goods. Traditionally, [...]
SEOUL, April 18 (Korea Bizwire) — Hyundai and Kia were notably absent from the list of subsidized electric vehicles selected by the US government under the guidelines of the Inflation Reduction Act (IRA). Nonetheless, the domestic auto industry appears to be relatively calm. According to the domestic industry’s analysis, the likelihood of receiving subsidies was [...]