SEOUL, Oct. 21 (Korea Bizwire) — Hyundai Motor Group said Monday it has developed an artificial intelligence-based autonomous driving technology and will apply it in its models. The South Korean automaker has developed the smart cruise control-machine learning (SCC-ML) technology, in which the vehicle analyzes the driver’s driving patterns and allows partial autonomous driving under [...]
SEOUL, Oct. 10 (Korea Bizwire) — Hyundai CRADLE said Thursday that it has partnered with U.S. fleet safety management software company Netradyne to gain access to the firm’s more than 350 million miles of detailed road data. Hyundai CRADLE, Hyundai Motor Co.’s wholly owned corporate venturing and open innovation business, expects its investment in Netradyne [...]
SEOUL, Oct. 4 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Friday their combined sales in China plunged 16 percent in the January-August period amid little sign of a recovery. In the first eight months, Hyundai and Kia sold a total of 555,943 vehicles in China, down from 662,442 units [...]
SEOUL, Sept. 27 (Korea Bizwire) – Hyundai Motor Co. said Friday it will partner with a state-run renewable energy developer to recycle its used car batteries into energy storage systems. In a pilot project that will run until 2021, Hyundai Motor and Korea Hydro & Nuclear Power Co. (KHNP) will operate an energy storage project [...]
SEOUL, Sept. 27 (Korea Bizwire) – Hyundai Motor Co. said Friday it will partner with American engine-maker Cummins Inc. to supply hydrogen fuel-cell powertrains to U.S. commercial vehicle companies. The two recently signed an initial pact in California to jointly develop and commercialize electric and fuel-cell powertrains combining Hyundai’s fuel-cell systems and Cummins’ electric powertrain, [...]
SEOUL, Sept. 26 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, said Thursday that its joint venture (JV) with Swiss hydrogen company H2 Energy AG has been officially launched as it looks to expand its presence in Europe’s environment-friendly commercial car market. A ribbon-cutting ceremony for Hyundai Hydrogen Mobility (HMM) was held in [...]
SEOUL, Sept. 24 (Korea Bizwire) — South Korea’s Hyundai Motor Group is seeking to start mass production of autonomous vehicles within five years, the group’s heir apparent has said as the company decided to form a US$4-billion joint venture for driver-less cars. In a luncheon meeting with Korean correspondents in New York on Monday (local [...]
SEOUL, Sept. 24 (Korea Bizwire) — Hyundai Motor Group plans to hold a special campaign where people donating canine blood at a designated blood donation vehicle will be presented with special goods for pets. The I’m DOgNOR campaign combines the words ‘dog’ and ‘donor’ to promote blood donations among pet owners. Registrations for participation in [...]
SEOUL, Sept. 23 (Korea Bizwire) — Hyundai Motor Group said Monday it will set up a US$4 billion joint venture (JV) with Ireland-based autonomous vehicle startup Aptiv next year to develop a self-driving platform. Faced with the spread of protectionism and tougher competition with rivals, the South Korean carmaker has been aggressive in investing in [...]
SEOUL, Sept. 18 (Korea Bizwire) — South Korea’s Hyundai Motor Group, a staunch auto manufacturer here, is now undergoing seismic changes on a move to morph into a future mobility solutions provider under its heir apparent’s leadership, by focusing on future vehicles, such as autonomous and connected cars. Executive Vice Chairman Chung Eui-sun, 50, has [...]