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Hyundai, Michelin Extend Partnership for EV Tire Development

Hyundai, Michelin Extend Partnership for EV Tire Development

SEOUL, June 20 (Korea Bizwire) — Hyundai Motor Group said Monday it has extended a partnership with French tiremaker Michelin to develop high-end tires dedicated for upcoming electric vehicles. The South Korean automaker will collaborate with Michelin to develop tires for all-electric and environment-friendly vehicles for the next three years, the company said in a [...]

Hyundai, Kia’s Total Sales of Eco-friendly Cars Top 3 mln Units

Hyundai, Kia’s Total Sales of Eco-friendly Cars Top 3 mln Units

SEOUL, June 19 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp. saw the total sales of their eco-friendly cars exceed 3 million units, industry data showed Sunday, 13 years after they began rolling out hybrid vehicles. South Korea’s top automaker and its affiliate sold 393,509 eco-friendly cars, including plug-in hybrid and all-electric vehicles, in [...]

Genesis’ Global Sales Exceed 700,000 Units

Genesis’ Global Sales Exceed 700,000 Units

SEOUL, June 6 (Korea Bizwire) — Hyundai Motor Co. said Monday the accumulated sales of its independent Genesis brand models exceeded 700,000 units last month despite the prolonged chip shortage. The South Korean carmaker sold 699,751 Genesis vehicles, including 188,547 overseas sales, from its launch in November 2015 to end-April this year, according to Hyundai’s [...]