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Grab Begins Hyundai Kona EV-based Ride-hailing Service

Grab Begins Hyundai Kona EV-based Ride-hailing Service

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 [...]

Hydrogen Fuel Cell Vehicles Gaining Steam as Zero-emission Mobility Option in S. Korea

Hydrogen Fuel Cell Vehicles Gaining Steam as Zero-emission Mobility Option in S. Korea

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 [...]

Hyundai Motor Develops ‘Silent Taxi’, a Dream Car for the Hearing-Impaired

Hyundai Motor Develops ‘Silent Taxi’, a Dream Car for the Hearing-Impaired

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 [...]

Hyundai Motor Group Boosts Executive Promotions

Hyundai Motor Group Boosts Executive Promotions

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 [...]

Hyundai Motor Develops World’s First Fingerprint Recognition System for Cars

Hyundai Motor Develops World’s First Fingerprint Recognition System for Cars

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 [...]

Hyundai Motor Set to Break Ground on GBC Complex Next Year

Hyundai Motor Set to Break Ground on GBC Complex Next Year

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 [...]

Hyundai to Invest 7.6 tln Won in Hydrogen Cars by 2030

Hyundai to Invest 7.6 tln Won in Hydrogen Cars by 2030

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 [...]