SEOUL, Sept. 22 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp.’s environment friendly vehicle sales in the United States more than doubled in August compared with a year ago, led by solid demand for their hybrid sport utility vehicles, industry data showed Wednesday. Hyundai and Kia sold a combined 8,312 eco-friendly cars [...]
SEOUL, Sept. 17 (Korea Bizwire) — South Korean automaker Hyundai Motor Group said Friday it has launched a pilot project to deploy a robot to inspect safety at its factory, the first collaboration with U.S.-based startup Boston Dynamics. The automotive group said the factory safety service robot based on Boston Dynamic’s four-legged robot Spot went [...]
SEOUL, Sept. 15 (Korea Bizwire) — South Korean automaker Hyundai Motor Group and battery maker LG Energy Solution Ltd. said Wednesday they have begun construction of a new electric vehicle battery plant in Indonesia. A joint venture between Hyundai Motor and LG Energy broke ground for the $1.1 billion lithium-ion battery cell plant in an [...]
SEOUL, Sept. 15 (Korea Bizwire) — South Korean automaker Hyundai Motor Group said Wednesday it will partner with solar firm OCI Solar Power and U.S.-based utility firm CPS Energy to recycle used electric vehicle batteries in the energy storage system (ESS). Hyundai Motor, the U.S. subsidiary of Korean solar firm OCI and CPS Energy signed [...]
SEOUL, Sept. 14 (Korea Bizwire) — Hyundai Motor Co. said it began accepting preorders on Tuesday for the upcoming mini SUV Casper ahead of its launch in South Korea later this month. Hyundai said it is accepting early orders only through its official online channel, the first such attempt by a Korean automaker, to reflect [...]
SEOUL, Sept. 12 (Korea Bizwire) — Genesis, the independent luxury brand of Hyundai Motor Co., sold more than 100,000 sport utility vehicles (SUV) globally in just 1 1/2 years since its SUV market debut, thanks to brisk sales at home and in North America, data showed Sunday. Genesis’ SUV sales totaled 107,700 units from the [...]
SEOUL, Sept. 10 (Korea Bizwire) — U.S. robotics startup Boston Dynamics said Friday it will expand its partnership with South Korean automaker Hyundai Motor Group to integrate its robotics technologies in future mobility solutions and expand their applications in other industrial sectors. Boston Dynamics demonstrated its latest robotics technologies during an online media event after [...]
SEOUL, Sept. 7 (Korea Bizwire) — Hyundai Motor Co. said Tuesday it will apply the hydrogen fuel-cell system to all of its commercial vehicle models by 2028 as it seeks to gain a leading status in the hydrogen vehicle market. South Korea’s top automaker plans to release all of its new heavy-duty trucks, buses and [...]
SEOUL, Sept. 7 (Korea Bizwire) — With Hyundai Motor Co. and affiliate Kia Corp.’s sedan sales plunging to a new low, South Korea’s automobile market is now being driven by SUV sales. Data from the month of August showed that sedan and hatchback sales accounted for a mere 33.9 percent (31,179 vehicles) of all car [...]
SEOUL, Sept. 6 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, said Monday it will raise the ratio of electrified vehicles to 80 percent by 2040 in global sales. All-electric and hydrogen fuel-cell electric vehicles currently account for a mere 1.5 percent of Hyundai’s global sales, and it initially aims to raise the [...]