SEOUL, Jan. 16 (Korea Bizwire) — Hyundai Motor Co., South Korean’s largest carmaker by sales, said Wednesday that Singapore-based Grab began using its Kona Electric for its ride-hailing service this month. In November, Hyundai Motor and its affiliate Kia Motors Corp. jointly invested US$250 million in the Southeast Asian company for a business partnership in [...]
SEOUL, Jan. 13 (Korea Bizwire) — Hyundai Motor Co., South Korea’s largest carmaker, said Sunday that accumulated sales of its vehicles in China surpassed the 10 million unit mark in 2018. The milestone was reached 16 years after the company entered the key neighboring country, which has since become the largest market for new cars [...]
SEOUL, Jan. 11 (Korea Bizwire) — In theory, hydrogen seems like the perfect energy source to power a vehicle, in that it is the most prevalent element in nature, it can be turned into electricity and emits only water. It has been several decades since the zero-emission cars entered the public consciousness as a possible [...]
SEOUL, Jan. 8 (Korea Bizwire) — Construction of Hyundai Motor Co.’s new Global Business Center has been given the green light and is expected to begin soon in Gangnam, Seoul. The Ministry of Land, Infrastructure and Transport said on Monday that Hyundai’s plan for its new headquarters passed governmental review. Hyundai Motor will invest 3.7 [...]
SEOUL, Jan. 8 (Korea Bizwire) — Hyundai Motor Co. has outlined its future mobility strategies at the annual Consumer Electronics Show (CES) in Las Vegas, the company said Tuesday. At the world’s biggest technology show that will be open to the public from Jan. 8-11 (U.S. time), Hyundai Motor came up with three key words [...]
SEOUL, Jan. 7 (Korea Bizwire) — Hyundai Motor Group’s ‘Silent Taxi’ project has been successfully completed, and will allow hearing-impaired individuals to drive safely by providing sound information with visual and sensory cues. The so-called ‘Silent Taxi’ was introduced on January 7, and is based on Audio-Tactile Conversion (ACT) technology. The ‘Silent Taxi’ features sensory [...]
SEOUL, Dec. 20 (Korea Bizwire) — Hyundai Motor Group has decided to reform its regular executive promotion practices by increasing the number of new executives compared to typical years. By promoting new executives, the decision was made to expand the change in leadership and to foster next generation leadership candidates. Along with personnel management based [...]
SEOUL, Dec. 18 (Korea Bizwire) — Hyundai Motor Co. announced on Monday that it has developed the world’s first fingerprint recognition feature for automobiles. The company will first launch the system on the new Santa Fe, which will be introduced in China in the first quarter of next year, after which the feature will be [...]
SEOUL, Dec. 18 (Korea Bizwire) — The construction of Hyundai Motor Group’s new Global Business Center (GBC) is expected to be fast-tracked after the government indicated it would accelerate deliberations related to the project in its economic policy direction for next year. The government said deliberations on Hyundai Motor’s GBC project, which will be built [...]
SEOUL, Dec. 11 (Korea Bizwire) — Hyundai Motor Group and its suppliers will collectively invest 7.6 trillion won (US$6.7 billion) in hydrogen fuel cell electric car-producing facilities and related R&D activities by 2030, the company said Tuesday. Under the so-called hydrogen road map, the business group and 124 partner companies will invest in a plant [...]