SEOUL, July 14 (Korea Bizwire) — Hyundai Motor Group said Tuesday it aims to achieve a market share of over 10 percent in the global electric vehicle (EV) market in 2025 by investing more in future mobility and introducing more EV models. In his televised briefing on the carmaker’s EV road map to President Moon [...]
ULSAN, July 14 (Korea Bizwire) — As part of efforts to tighten discipline at its production lines, Hyundai Motor Co. dismissed a worker who frequently left work early without providing appropriate notice. South Korea’s biggest carmaker by sales announced on Sunday that a production worker at the company’s Ulsan plant had been fired for having [...]
SEOUL, July 7 (Korea Bizwire) — The heir apparent of Hyundai Motor Group met with the head of refinery-to-battery conglomerate SK Group on Tuesday to discuss cooperation in the electric vehicle (EV) business. Hyundai Motor Group Executive Vice Chairman Chung Euisun and SK Group Chairman Chey Tae-won discussed cooperation on next-generation EV battery technologies, power [...]
SEOUL, July 6 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Monday it has shipped 10 hydrogen fuel-cell electric trucks to Switzerland in the country’s first exportation of hydrogen-powered commercial vehicles. Hyundai Motor plans to deliver 40 additional XCIENT Fuel Cell hydrogen trucks to the European country by the end [...]
SEOUL, June 26 (Korea Bizwire) — Hyundai Motor Co. said Friday it will launch the upgraded G90 flagship sedan under its independent Genesis brand next month to boost sales. The facelifted G90 comes with a 3.3-liter turbocharged gasoline engine, a 3.8-liter gasoline engine or a 5.0-liter gasoline engine, with prices ranging from 79 million won [...]
SEOUL, June 22 (Korea Bizwire) — Hyundai Motor Group’s heir apparent met with the head of LG Group in the latest move to discuss cooperation in the electric vehicle (EV) battery business, Hyundai Motor said Monday. Hyundai Motor Group Executive Vice Chairman Chung Euisun and LG Group Chairman Koo Gwang-mo discussed how to cooperate on [...]
SEOUL, June 19 (Korea Bizwire) — The heads of Hyundai Motor Group and LG Group, South Korea’s two major conglomerates, will meet next week to discuss expanded cooperation in the electric vehicle business, a person familiar with the matter said Friday. Hyundai Motor Group Executive Vice Chairman Chung Euisun is set to discuss an expanded [...]
SEOUL, June 17 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, on Wednesday unveiled a plan to build a driving center in the country by 2022. Hyundai said the driving center featuring eight test courses in Taean, about 150 kilometers southwest of Seoul, is designed to provide various and dynamic driving [...]
SEOUL, June 17 (Korea Bizwire) — Hyundai Motor Co. announced on Tuesday that it will host the “2020 Longest Run” campaign. This campaign, one of Hyundai Motor’s flagship corporate social responsibility (CSR) programs, is designed to contribute to creating a better world through afforestation. After downloading an exclusive app, participants can make a donation for [...]
SEOUL, June 16 (Korea Bizwire) — Hyundai Motor Co. said Tuesday that it will supply 10 hydrogen buses to South Korea’s defense ministry by next year. Under an initial agreement with the ministry, Hyundai Motor also said it will build a hydrogen charging station at a military training facility in the central city of Daejeon. [...]