SEOUL, Sept. 19 (Korea Bizwire) — South Korea’s Hyundai Motor Co. on Monday unveiled a hydrogen-powered vehicle based on Italian carmaker IVECO Group N.V.’s DAILY van in their extended commercial car partnership. Hyundai Motor and IVECO debuted the eDAILY hydrogen fuel-cell electric vehicle (eDAILY FCEV) at the IAA Transportation 2022 in Hannover, the world’s largest [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korean automaker Hyundai Motor Co. said Thursday it has been selected for the 2021 Targeted Airshed Grants provided by the U.S. Environmental Protection Agency and it will be supplying hydrogen-powered trucks for the program. The TAG was first initiated by the EPA in 2015. It is a funding [...]
SEOUL, Sept. 8 (Korea Bizwire) — South Korea’s Hyundai Motor Group has slipped by one notch to fifth place in Greenpeace’s 2022 auto environmental guide that analyzed the decarbonization efforts by the top 10 global carmakers. The annual report released Thursday by Greenpeace East Asia ranks the top 10 global automakers after assessing them in [...]
SEOUL, Sept. 8 (Korea Bizwire) — Consumer complaints are growing as Hyundai Motor Co. is preventing customers from overlapping contracts amid prolonged delivery delays. According to industry sources, Hyundai sales staff are asking those who signed more than two contracts simultaneously to buy either Hyundai-branded or Genesis-branded electric vehicle (EV) models to select only one [...]
SEOUL, Sept. 7 (Korea Bizwire) — Hyundai Motor Group, South Korea’s top automaking group, and telecom giant KT Corp. will strengthen their partnership in future mobility solutions business through share-swap deals amid growing demand for electric and autonomous vehicles, the two companies said Wednesday. Under the share swap deals, KT will exchange its own 7.7 [...]
SEOUL, Sept. 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Friday their combined sales in the United States rose 18 percent last month from a year earlier despite the prolonged global chip shortage. Hyundai, its independent Genesis brand, and Kia sold 135,526 vehicles in the world’s most important automobile market [...]
SEOUL, Sept. 1 (Korea Bizwire) — Plug-in hybrid electric vehicles (PHEVs) from Hyundai Motor Co. and its affiliate Kia Corp. are selling well despite the global popularity of EVs. Hyundai Motor Group reported that since PHEVs were first released in 2015, the average annual sales growth reached 106.8 percent, easily surpassing EV’s annual sales growth [...]
SEOUL, Aug. 29 (Korea Bizwire) — Hyundai Motor Group has unveiled a brake failure response system for autonomous vehicles via its corporate website. In a situation that calls for brakes to be applied, the system checks the operation of the main braking device through an engine control unit (ECU). If there is no response, it [...]
SEOUL, Aug. 26 (Korea Bizwire) – Hyundai Motor Co. said Thursday it had decided to set up its first electric vehicle (EV)-dedicated plant on the test driving site (280,000 square meters) within its main Ulsan plant, 414 kilometers southeast of Seoul. The South Korea’s top carmaker said that the site was chosen as the best [...]
SEOUL, Aug. 26 (Korea Bizwire) — BGF Retail Co., the operator of CU convenience stores, said Thursday it had formed a business agreement with MOBINN, an in-house startup of Hyundai Motor Co., to launch a robot delivery pilot service. After establishing a last-mile business consultative body, the two companies are expected to launch the convenience [...]