SEOUL, Feb. 22 (Korea Bizwire) — Hyundai Motor Group said Monday its honorary chairman will step down from all management positions at affiliates next month after 20 years of efforts to improve the carmaker’s brand awareness and product quality. Hyundai Motor Group Honorary Chairman Chung Mong-koo will step down from his executive director position on [...]
SEOUL, Feb. 19 (Korea Bizwire) — Hyundai Motor Group said Thursday that it has developed a next-generation Connected Car artificial intelligence (AI) voice recognition technology that allows drivers to easily control their cars with verbal commands. This AI-based technology offers an upgraded Connected Car experience where drivers can verbally control their cars, adjust system settings, [...]
SEOUL, Feb. 18 (Korea Bizwire) — Hyundai Motor Co. said Thursday it will partner with LG Energy Solution Ltd. and a local taxi operator for a pilot battery lease program for electric taxis. The nation’s largest automaker and battery maker and KST Mobility, the operator of Macaron Taxi, signed a memorandum of understanding at Hyundai’s [...]
SEOUL, Feb. 17 (Korea Bizwire) — With or without Apple, Hyundai Motor Group is in full gear to transform itself from a traditional automaker to a mobility provider. After having been in the media spotlight as a potential partner for Apple’s car project, Hyundai Motor Co. and its affiliate Kia Corp. said last week they [...]
SEOUL, Feb. 16 (Korea Bizwire) – A fire broke out on a Hyundai Motor Co. electric bus, the latest in a series of accidents involving the company’s electric vehicles, but no one was hurt, authorities and company officials said Tuesday. The accident happened on Monday when the battery mounted on the bus roof caught fire [...]
SEOUL, Feb. 16 (Korea Bizwire) — Hyundai Motor Group and POSCO will explore overseas hydrogen-related business opportunities as they diversify portfolios to secure a new growth driver, the carmaker said Tuesday. Hyundai Motor and POSCO have formed business ties to explore a partnership in overseas hydrogen production and related technology development projects and seek chances [...]
SEOUL, Feb. 15 (Korea Bizwire) — Hyundai Motor Co. on Monday unveiled the interior design of the IONIQ 5, the first all-electric model with its own electric vehicle platform, ahead of its global unveiling next week. The IONIQ 5 midsize crossover vehicle comfortably accommodates both passengers and cargo as the electric-global modular platform allows for [...]
SEOUL, Feb. 14 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp. aim for a 13 percent increase in U.S. sales this year by selling more SUV and high-end models. Hyundai and Kia are targeting to sell a combined 1,360,000 vehicles in the U.S. market in 2021, up from 1,208,374 units they sold a [...]
SEOUL, Feb. 10 (Korea Bizwire) — Hyundai Motor Group on Wednesday unveiled its first “uncrewed” mobility vehicle concept as it strives to morph into a future mobility solutions provider. The TIGER robot, which stands for Transforming Intelligent Ground Excursion Robot, is designed to operate as a four-wheel drive vehicle or a four-legged walking machine to [...]
SEOUL, Feb. 8 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp. said Monday they are not in talks with Apple Inc. over an electric car manufacturing project in response to reports of their suspended discussions. In separate regulatory filings, Hyundai and Kia, which together form the world’s fifth-biggest carmaker by sales, said they [...]