SEOUL, Nov. 19 (Korea Bizwire) — A group of 170 owners of Kona Electric model has sued Hyundai Motor Co. for a series of fires accidents that has tarnished the model’s reputation and lowered the vehicle’s overall value. The group submitted the lawsuit to Seoul Central District Court last week, calling on the company to [...]
SEOUL, Nov. 15 (Korea Bizwire) — Hyundai Motor Co. said Sunday it will begin the sale of the GV80 SUV under its independent Genesis brand in the United States within this year to support sales despite the coronavirus outbreak. Hyundai launched the GV80 SUV in South Korea in January and plans to introduce the first [...]
SEOUL, Nov. 12 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Thursday it will work with Singapore’s national utility SP Group to promote electric vehicles and establish charging infrastructure in the Southeast Asian country. Hyundai Motor has signed a business cooperation agreement with SP Group to supply its electric vehicles to Singapore and seek [...]
SEOUL, Nov. 11 (Korea Bizwire) — In collaboration with the Korea University Medical Center (KUMC), the Hyundai Motor Chung Mong-Koo Foundation will roll out the nation’s first computed tomography (CT) checkup bus for the diagnosis of COVID-19. The foundation held a ceremony for the signing of an agreement with the KUMC on Monday to develop [...]
SEOUL, Nov. 10 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Tuesday it will produce the all-new Tucson SUV in its U.S. plant to meet local demand for SUV models. Hyundai Motor plans to produce the 2022 Tucson gasoline and gasoline hybrid models in the Alabama plant next year for the sale of the [...]
SEOUL, Nov. 10 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, is in talks with Softbank Group Corp. to acquire a U.S.-based robotics company for US$1 billion, news reports said Tuesday, as it increases investments in future mobility solutions. Hyundai Motor is mulling acquiring a controlling stake in Boston Dynamics, and [...]
SEOUL, Nov. 10 (Korea Bizwire) – Hyundai Motor Group, the world’s fifth-biggest carmaker by sales, said Tuesday it will use U.S. chipmaker Nvidia’s in-vehicle Drive system across all of its vehicles from 2022. The South Korean carmaker will apply the Nvidia Drive “connected car” platform to all of its upcoming models from Hyundai Motor Co., its [...]
SEOUL, Nov. 6 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. ranked fourth in global electrified vehicle sales last year, helped by increased exports, industry data showed Friday. Hyundai and Kia sold a combined 350,000 electrified models in global markets in 2019, up 25 percent from a year earlier, the Korea [...]
SEOUL, Nov. 4 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Wednesday it has signed two separate initial deals with Chinese companies to supply 4,000 hydrogen trucks by 2025 in a move to enter the Chinese hydrogen commercial vehicle market. Hyundai signed a memorandum of understanding (MOU) with Shanghai Electric [...]
SEOUL, Nov. 4 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Wednesday their U.S. sales rose 6 percent last month from a year earlier on strong demand for their SUV models. In October, Hyundai and Kia sold a combined 113,489 vehicles in the United States, up from 107,101 units in [...]