SEOUL, Nov. 1 (Korea Bizwire) — Hyundai Motor Group on Monday unveiled the results of its study on the future of cities featuring an organic connection of mobility, logistics, energy and nature through a virtual exhibition. The group developed the HMG Smart City reference model in collaboration with HyunJoon Yoo Architects. The reference model offers [...]
SEOUL, Oct. 28 (Korea Bizwire) — Hyundai Motor Co. on Friday opened up South Korea’s first moving hydrogen charging station in Seoul’s Gwangjin District. The mobile station is set up on top of a 25-ton Xcient hydrogen fuel-cell electric truck. It comes with all of the core facilities of a hydrogen fueling station — a [...]
SEOUL, Oct. 26 (Korea Bizwire) — Hyundai Motor Group unveiled the electrified Genesis G80 limousine, the official escort vehicle for the upcoming G20 summit scheduled for next month in Bali, Indonesia. Hyundai held a ceremony on Tuesday in Jakarta to deliver the vehicles. The company sent 44 units of long wheel-based G80, 87 units of [...]
SEOUL, Oct. 25 (Korea Bizwire) — Hyundai Motor Group is considering raising the speed limit imposed on its first Level 3 autonomous driving vehicle, which is expected to be released soon. The carmaker will release the new G90 sedan under the independent Genesis brand later this year, which is expected to be equipped with its [...]
SEOUL, Oct. 24 (Korea Bizwire) — Hyundai Motor Co. on Monday raised its annual revenue and operating profit margin guidance after reporting a 5 percent on-year decline in third-quarter net profit on provisions involving engine-related services. The South Korean carmaker expected its on-year revenue will grow by 19-20 percent this year, which is higher than [...]
SEOUL, Oct. 19 (Korea Bizwire) — Hyundai Motor Co., South Korea’s leading carmaker, on Wednesday unveiled the design of the all-new Grandeur sedan ahead of its launch next month. The new Grandeur will be available with a 2.5-liter gasoline direct injection (GDI) engine, a 3.5-liter GDI engine, a 3.5-liter liquid petroleum injection engine, or a [...]
SEOUL, Oct. 11 (Korea Bizwire) — South Korea’s Hyundai Motor Co. beat its Japanese rivals to top global hydrogen vehicle sales during the January-August period, a market research firm said Tuesday. Hyundai Motor sold 7,410 hydrogen fuel-cell electric vehicles (FCEVs) in global markets in the eight-month period, jumping 26 percent from 5,873 units sold during [...]
SEOUL, Oct. 5 (Korea Bizwire) — South Korea’s Hyundai Motor Group said Wednesday its vehicle sales in the United States rose 4.4 percent last month from a year earlier despite the extended chip shortage. Hyundai, its affiliate Kia Corp. and Hyundai’s independent Genesis brand sold a combined 120,642 vehicles in the world’s most important automobile [...]
SEOUL, Oct. 4 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp. saw their electric vehicle (EV) sales in the United States sink in September from a month earlier amid worries over the potential impact from a new U.S. law disadvantaging EV makers that do not produce the green vehicles in America, company data showed [...]
SEOUL, Sept. 30 (Korea Bizwire) — South Korea’s Hyundai Motor Group said Friday it has received the 2022 Red Dot Design Concept Luminary award for its hydrogen fuel-cell trailer drone concept. The unmanned, hydrogen-powered trailer drone concept beat all of its rivals to edge out a win in the Red Dot Design Concept awards this [...]