SEOUL, Nov. 8 (Korea Bizwire) — Hyundai Motor Group’s independent luxury brand Genesis said Friday it has partnered with Tate Modern, a leading British modern art museum, as part of a company initiative to collaborate with leading global cultural institutions. Genesis and Tate Modern will join hands to support “Genesis Exhibition: Do Ho Suh: Walk [...]
SEOUL, Oct. 31 (Korea Bizwire) — Hyundai Motor Co. on Thursday unveiled the concept of its upcoming passenger hydrogen fuel cell electric vehicle (FCEV) named Initium that comes with an extended driving range and ample hydrogen fuel storage capacity. Initium is a concept by Hyundai that reflects the product and design direction of a passenger [...]
SEOUL, Oct. 30 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it has signed a 610-gigawatt-hour (GWh) power purchase agreement (PPA) with SK E&S Co. and other partners, the latest in its renewable energy transition efforts. The automotive giant said its renewable energy supply deal with SK E&S, Hyundai Engineering & Construction Co., GS E&R [...]
SEOUL, Oct. 30 (Korea Bizwire) — Hyundai Motor Co. on Wednesday unveiled a teaser image of its upcoming all-electric Ioniq 9 sports utility vehicle, highlighting its massive-yet-sleek exterior design. The teaser for the three-row electric SUV presents the overall silhouette and the model’s elongated wheelbase. Hyundai said the Ioniq 9 draws inspiration from the sleek [...]
SEOUL, Oct. 23 (Korea Bizwire) — Hyundai Motor Group said Wednesday it has established a joint research body with the country’s leading robotics research institutions to cooperate in future robotics projects. The automotive group said it has launched the Robotics Joint Research Lab in partnership with Seoul National University (SNU), Pohang University of Science and [...]
SEOUL, Oct. 21 (Korea Bizwire) — The Indian subsidiary of South Korean automotive giant Hyundai Motor Co. is set to make its stock market debut this week following a record initial public offering (IPO) in the South Asian nation, according to industry officials Monday. Shares of Hyundai Motor India Ltd. are set to start trading [...]
SEOUL, Oct. 17 (Korea Bizwire) — Hyundai Motor Co. said Thursday it has released a revamped version of the company’s entry-level mini SUV, Casper. The new Casper builds on the iconic design of the previous model, enhancing the SUV’s rugged appearance with a more sophisticated exterior and premium interior design. Hyundai Motor said the model [...]
SEOUL, Oct. 16 (Korea Bizwire) — Hyundai Motor Group said Wednesday it has developed the world’s first automated system for designing vehicle press molds, allowing drastic reduction in design time and quality improvement in the automobile production process. Press molds are tools used to produce exterior parts, such as trunks and hoods, and each part [...]
SEOUL, Oct. 16 (Korea Bizwire) — The state-run Korea Trade Insurance Corp. said Wednesday that it has granted trade finance of US$1.35 billion to Hyundai Motor Co. for the ongoing construction of an electric vehicle plant in the U.S. state of Georgia. The financial support is aimed at assisting the construction of the EV plant [...]
SEOUL, Oct. 15 (Korea Bizwire) – As the race to dominate the future of the automotive industry intensifies, with a focus on electrification and software-defined vehicles (SDVs), a wave of strategic partnerships is reshaping the global automobile market. Industry analysts suggest these alliances are largely driven by a shared concern: the need to respond to China’s [...]