SEOUL, May 8 (Korea Bizwire) — Hyundai Motor Group’s sport utility vehicles (SUV) are driving sales in the United States, the “home of SUVs,” and are receiving high praise from both customers and automotive publications. Hyundai Motor Co. and its affiliate Kia Corp. sold 381,606 SUVs in the U.S. market from January to April, up 18.6 [...]
SEOUL, May 1 (Korea Bizwire) — South Korea’s top automaker Hyundai Motor Group could become the world’s No. 1 carmaker in terms of sales volume within a few years, a local brokerage house said Sunday. Samsung Securities Co. predicted in its latest report that the group would rise from third place last year to first [...]
SEOUL, April 25 (Korea Bizwire) — Hyundai Motor Group said Tuesday it will build a 6.5 trillion-won (US$4.9 billion) electric vehicle (EV) battery plant in the United States with SK Group’s battery unit SK On. Hyundai Motor Group’s three major affiliates — Hyundai Motor Co., Kia Corp. and Hyundai Mobis Co. — approved the investment [...]
SEOUL, April 11 (Korea Bizwire) — South Korea’s Hyundai Motor Group said Tuesday it will invest 24 trillion won (US$18.2 billion) in its domestic electric vehicle (EV) production facilities and other EV projects by 2030. Hyundai Motor Co., its smaller affiliate Kia Corp. and auto parts maker Hyundai Mobis Co. will collectively make the investment [...]
SEOUL, March 22 (Korea Bizwire) — Hyundai Motor Group on Tuesday released a video showing the demonstration of its newly-developed automatic charging robot (ACR) on YouTube. The ACR is a one-arm robot capable of plugging a cable into an electric vehicle (EV)’s charging port and removing it once charging is complete. Based on the consideration [...]
SEOUL, March 16 (Korea Bizwire) – Five cars from the Hyundai Motor Group have been named the best cars for families by an American media outlet. According to the list of the 2023 best cars for families evaluated in nine categories by the U.S. News & World Report, Hyundai Motor Co.’s Santa Fe and Tucson [...]
SEOUL, Feb. 26 (Korea Bizwire) — Hyundai Motor Group said Sunday it has earned four top safety pick awards from the U.S. Insurance Institute for Highway Safety (IIHS), further proving the quality of its vehicles. Three models from the South Korean automotive group garnered the Top Safety Pick+ (TSP+) award and one model obtained the [...]
SEOUL, Feb. 13 (Korea Bizwire) — Hyundai Motor Group’s accumulated electric vehicle (EV) sales in the United States exceeded 100,000 units last month, industry sources said Monday. Hyundai Motor Co., its independent Genesis brand and Hyundai’s smaller affiliate Kia Corp. had sold a cumulative 104,326 EVs in the U.S. market as of the end of [...]
SEOUL, Jan. 12 (Korea Bizwire) – South Korea’s Hyundai Motor Group said Wednesday it had won good design awards for 2022 in the U.S. In the transportation category, Hyundai Motor Co.’s Trailer Drone and SEVEN concept SUV won 2022 Good Design Awards. In the robotics design category, the company’s PnD (Plug & Drive) mobility L7 [...]
SEOUL, Dec. 26 (Korea Bizwire) — Hyundai Motor Group said Sunday that all of its electric vehicle (EV) models built on its own dedicated EV platform named E-GMP recorded the highest grade in the world’s major collision tests. As a result of the collision tests conducted by the Insurance Institute for Highway Safety (IIHS), Hyundai [...]