SEOUL, June 5 (Korea Bizwire) — Hyundai Motor Co. said Thursday it will supply hydrogen-powered waste collection vehicles to Busan metropolitan city, under the municipality’s aim to convert its waste collection fleet system to clean energy. At an event held at Busan City Hall, Hyundai unveiled two hydrogen-powered waste collection truck models based on the [...]
DAEGU, May 29 (Korea Bizwire) — At the 2025 International Fire Safety Expo in Daegu, South Korea, Hyundai Motor Group and the National Fire Agency unveiled a next-generation unmanned firefighting vehicle, drawing significant attention for its autonomous precision and disaster-response capabilities. The vehicle—developed by Hyundai Rotem and based on the multi-purpose unmanned platform HR-Sherpa—is designed [...]
SEOUL, May 26 (Korea Bizwire) – Hyundai Motor Co. on Monday forged a partnership with the ASEAN Football Federation (AFF) to become the main sponsor of Southeast Asia’s premier men’s national football tournament, the company said. The South Korean automaker said it signed a sponsorship agreement with the AFF at the company’s Indonesia plant in Bekasi, West [...]
SEOUL, May 22 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp. said Thursday they have partnered with Incheon International Airport Corp. for real-world testing of their artificial intelligence (AI)-powered automatic charging robot (ACR) for electric vehicles (EVs). Under a memorandum of understanding, the companies will conduct a pilot test program of the ACR system [...]
SEOUL, May 15 (Korea Bizwire) — Hyundai Motor Co. said Thursday it has broken ground on a production plant in Saudi Arabia, the company’s first manufacturing base in the Middle East, marking a key milestone for the company’s global expansion. A groundbreaking ceremony for Hyundai Motor Manufacturing Middle East (HMMME) was held Wednesday (local time) [...]
SEOUL, April 25, (Korea Bizwire) — South Korea’s largest corporations are ramping up their responses to the renewed threat of U.S. tariffs under the Trump administration by stockpiling inventory and expanding production within the United States, signaling a shift toward more aggressive contingency planning. During first-quarter earnings calls on April 24, companies across the automotive, [...]
SEOUL, April 22 (Korea Bizwire) — HD Hyundai Electric Co., a South Korean electrical equipment maker, said Tuesday its first-quarter net profit jumped 64 percent from a year earlier on strong demand for its products in the United States. Net profit for the three months ended March 31 rose to 153.4 billion won (US$107.9 million) [...]
SEOUL, April 21 (Korea Bizwire) — Hyundai Motor Co. said Monday it has delivered five electric buses to the transportation unit of Japan’s Iwasaki Group, marking its first commercial electric bus delivery in the neighboring country. The South Korean automaker held a delivery ceremony for the Elec City Town buses with Iwasaki Group in Yakushima, [...]
SEOUL, April 8 (Korea Bizwire) — Hyundai Motor Group Executive Chair Euisun Chung will deliver a keynote speech at a U.S. forum expected to be attended by many key industry figures, including the top executive of General Motors Co. (GM), event organizers said. The forum, Automotive News Congress, will be held Sept. 11 in Detroit [...]
SEOUL, April 5 (Korea Bizwire) — Hyundai Motor Co. will freeze prices of all new vehicles sold in the United States through early June, a move aimed at easing consumer concerns over rising costs following Washington’s imposing of25 percent duties on all imported vehicles, the automaker’s American subsidiary said. Hyundai Motor America (HMA) said in [...]