SEOUL, Sept. 2 (Korea Bizwire) — Hyundai Motor Group said Monday it will showcase its latest technologies related to smart city infrastructure at the 2024 World Smart City Expo Korea (WSCE) to be held this week. The South Korean automotive giant will feature various technologies related to smart city infrastructure themed on transport, logistics and [...]
SEOUL, Aug. 28 (Korea Bizwire) – Hyundai Motor Co., South Korea’s leading automaker, said Wednesday it plans to achieve an annual sales volume of 5.55 million vehicles in 2030. Hyundai Motor said the sales target represents a more than 30 percent increase compared to its annual sales figure for 2023. To this end, Hyundai Motor [...]
SEOUL, Aug. 7 (Korea Bizwire) – Hyundai Motor Co., South Korea’s leading automotive company, plans to invest US$28 million in Thailand to establish a production facility for electric vehicles (EVs) and batteries, the country’s Board of Investment (BOI) said Wednesday. In a release sent to Yonhap News Agency, the BOI said it approved the investment [...]
SEOGWIPO, Jul. 29 (Korea Bizwire) – In early 2023, Chung Eui-sun, the chairman of Hyundai Motor Group, directed his executive team to develop a “firefighter recovery vehicle” after learning that only 10 such vehicles existed nationwide, and they were aging rapidly. Chung suggested utilizing the company’s hydrogen bus technology for this purpose. The initiative was sparked [...]
SEOUL, Jul. 26 (Korea Bizwire) – “It’s simple. Hold the grip naturally, as if you’re holding an egg, and use your index, middle, and ring fingers to draw the bowstring,” instructed Oh Jin-hyek, a gold medalist from the 2012 London and 2020 Tokyo Olympics, as he demonstrated proper archery technique to participants at a unique event [...]
SEOUL, Jul. 24 (Korea Bizwire) — Hyundai Motor Group’s independent luxury brand Genesis said Wednesday it has signed a five-year partnership agreement with the Metropolitan Museum of Art in New York as part of the company’s vision to collaborate with leading global cultural institutions. Under the partnership, the two sides will establish the Genesis Art [...]
SEOUL, July 23 (Korea Bizwire) – Hyundai Motor Co., South Korea’s leading automaker, said Tuesday it has clinched its first commercial electric bus supply deal to Japan. The company said it signed a letter of intent for the sale of five electric bus units with Iwasaki Group, a transportation and tourism business operator based in [...]
SEOUL, Jul. 23 (Korea Bizwire) — Hyundai Motor Co., South Korea’s leading automaker, said Tuesday it has partnered with major Indonesian electric vehicle (EV) charging service companies to provide its customers in the Southeast Asian nation with easy cross-platform charging accessibility. The company signed a memorandum of understanding for the partnership with six local charging [...]
SEOUL, Jul. 9 (Korea Bizwire) — Hyundai Motor Group said Tuesday it has partnered with the University of Oxford in Britain in establishing a specialized research center dedicated to shaping the group’s long-term future vision. The group held an opening ceremony for the Oxford-Hyundai Motor Group Foresight Centre at the university campus to mark the [...]
SEOUL, Jul. 9 (Korea Bizwire) — Hyundai Motor Co., South Korea’s largest automaker, on Tuesday started receiving preorders for the company’s Casper Electric mini SUV in South Korea, the company said. The company said it has started accepting preorders for the long-range “Inspiration” variant of the Casper Electric, which was unveiled at the Busan International [...]