SEOUL, July 19 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp.’s environment friendly vehicle exports jumped 45 percent in the January-May period from a year earlier on strong demand for their hybrid sport utility vehicles. Hyundai and Kia shipped a combined 145,781 eco-friendly vehicles in the first five months, up from 100,691 [...]
SEOUL, July 19 (Korea Bizwire) — Hyundai Motor Group’s Pony Coupe, the first concept car in South Korea, will be revived in the new map ‘Taiko’ from the mega-hit computer game “PlayerUnknown’s Battlegrounds.” The company recently announced that it will unveil a Pony Coupe video through a partnership with Krafton Inc., a South Korean gaming [...]
SEOUL, July 14 (Korea Bizwire) — Hyundai Motor Co. on Wednesday launched the Avante N high-performance model as it strives to strengthen its high-end product lineup. The Avante N is the first sedan of the carmaker’s high-performance N brand. The sporty sedan comes with a 2.0-liter turbo flat power engine that can reach 100 kilometers [...]
SEOUL, July 13 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. are set to report a sharp rebound in operating profit for the second quarter on strong demand for their vehicles that offset output disruptions by semiconductor shortages, analysts said Tuesday. Hyundai and Kia, which together form the world’s fifth-biggest carmaker by [...]
SEOUL, July 12 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp. signed a memorandum of understanding (MOU) with Canadian electrolysers manufacturer Next Hydrogen Solutions Inc. for the joint development and commercialization of a water electrolysis system for the production of green hydrogen. Under terms of the MOU, the companies will focus on enhancing the performance [...]
SEOUL, July 9 (Korea Bizwire) — Hyundai Motor Co. said Friday it has revealed the wagon version of the G70 under its independent Genesis brand in Britain ahead of its launch in other European countries later this year. Hyundai unveiled the G70 Shooting Brake at this year’s Goodwood Festival of Speed, one of the biggest [...]
SEOUL, July 9 (Korea Bizwire) — Hyundai Motor Co. is taking steps to commercialize a hydrogen fuel cell system for ship use. The carmaker on Thursday signed a memorandum of understanding (MOU) with Hyundai Global Service, Hyundai Heavy Industries Holdings Co.’s ship repairing unit, and the Korean Register of Shipping (KR), a ship quality assurance [...]
SEOUL, July 7 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, on Wednesday launched the first electrified model under its independent Genesis brand in the domestic market to meet growing demand for such vehicles. The G80 sedan equipped with an 87.2 kilowatt-hour battery can travel up to 427 kilometers on a single charge, [...]
SEOUL, July 6 (Korea Bizwire) — Hyundai Motor Group announced the launch of the Euljiro Center One E-Pit, a high-speed electric vehicle (EV) charging station, at Euljiro, central Seoul on Monday. The 24-hour charging station, open throughout the whole year, was built by Hyundai Motor Co. and Mirae Asset Global Investments, and is the first [...]
SEOUL, July 6 (Korea Bizwire) — Hyundai Motor Co. said Tuesday its independent brand Genesis’ domestic vehicle sales jumped 33 percent in the first half compared to a year earlier amid tougher competition with imported brands and the COVID-19 pandemic. Hyundai sold 72,710 Genesis vehicles from January to June, up from 48,886 units a year [...]