SEOUL, Nov. 11 (Korea Bizwire) — Hyundai Motor Group seeks to build an integrated data platform to provide real-time and tailored mobility services as part of its push toward the fast-evolving future industry, its division chief said Thursday. “Connected data is the basis of a platform. We plan to build a ‘data lake’ that utilizes [...]
SEOUL, Nov. 4 (Korea Bizwire) — Hyundai Motor Co. on Thursday released a teaser for the electric SUV concept “Seven” ahead of its unveiling in the United States this month. The large-size SUV concept built on Hyundai Motor Group’s dedicated EV platform, called E-GMP, comes with the group’s IONIQ battery EV brand’s signature design elements, [...]
SEOUL, Nov. 4 (Korea Bizwire) — South Korean automaker Hyundai Motor Group is teaming up with Seoul National University, one of the country’s higher education institutions, to develop next-generation battery technology for use in future electric vehicles (EVs). On Wednesday, the two parties signed a memorandum of understanding for the establishment of a center for [...]
SEOUL, Nov. 3 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday their combined sales in the United States fell 4.1 percent last month from a year earlier due to a lack of semiconductor parts. Hyundai and Kia sold 108,828 vehicles in the world’s most important automobile market in October from [...]
SEOUL, Nov. 2 (Korea Bizwire) — Hyundai Motor Co., South Korea’s top automaker, said Tuesday its annual sales of eco-friendly vehicles will likely exceed 100,000 units this month amid their growing popularity here. It would mark the first time that Hyundai’s annual sales of green vehicles have surpassed the 100,000-unit level. The projection comes as [...]
SEOUL, Nov. 1 (Korea Bizwire) — Worldwide sales of the IONIQ 5 and EV6, the first dedicated battery electric models from Hyundai Motor Co. and its affiliate Kia Corp., respectively, have exceeded 50,000 units just six months after their release, according to recent data. Hyundai Motor’s IONIQ 5 was released in April and Kia’s EV6 [...]
SEOUL, Oct. 29 (Korea Bizwire) — South Korean automaker Hyundai Motor Co. on Thursday unveiled its second high-performance road bicycle made in collaboration with a local company. The road bicycle WAWS Pro N and MTB Hexion 29 N, released in February of last year, were Hyundai’s first collaboration project with Wiawis, a South Korean premium [...]
SEOUL, Oct. 27 (Korea Bizwire) — The Brazilian passenger car market has been dominated by Volkswagen AG, Fiat Chrysler Automobiles N.V. and General Motors Co., until Hyundai Motor Co. grabbed the No. 2 spot last month for the first time in its history, bringing an end to the trio’s dominance. Hyundai sold 14,197 vehicles in [...]
SEOUL, Oct. 26 (Korea Bizwire) — South Korea’s Hyundai Motor Co. on Tuesday achieved a turnaround in the third quarter from a year earlier on a base effect but revised down its annual sales target due to chip shortages. For the three months ended on Sept. 30, Hyundai Motor swung to a net profit of [...]
SEOUL, Oct. 25 (Korea Bizwire) – Hyundai Motor Co., South Korea’s biggest carmaker, said Monday it will help Indonesia establish the infrastructure for electric vehicles as part of its expansion strategy. Hyundai Motor Group Chairman Euisun Chung said the company will help Indonesia in activating the EV ecosystem and make the EV industry a future growth driver. [...]