SEOUL, Aug. 10 (Korea Bizwire) — Hyundai Motor Co. said Monday it will launch three all-electric models under its EV brand IONIQ by 2024 to gain a share in the rapidly growing EV market. The first model to be released under the IONIQ EV brand will be the Ioniq 5 crossover utility vehicle, the company [...]
SEOUL, Jun. 24 (Korea Bizwire) — Hyundai Motor Co., South Korea’s top automaker, said Monday it will supply 2,000 Ioniq hybrid vehicles to a Singaporean transportation company by the first half of 2020. The Ioniq gasoline hybrid vehicles will be operated as taxis by ComfortDelGro, a local land transportation giant with business interests in bus, [...]
SEOUL, Nov. 13 (Korea Bizwire) — The sale of electric vehicles in South Korea has exceeded 10,000 units this year, reflecting a growing appetite for emissions-free cars and the country’s improving charging infrastructure, industry data showed Monday. In the January-October period, the number of electric cars sold here was 10,075 units, much higher than the [...]
SEOUL, Aug. 21 (Korea Bizwire) – A new art and technology project based on Hyundai’s renewable energy car IONIQ has been unveiled in the U.S., the carmaker announced on Monday. According to Hyundai Motor, the Los Angeles County Museum of Art’s Art + Technology Lab project called ‘the Roadable Synapse’ by Jonathon Keats was revealed this [...]
SEOUL, Aug. 16 (Korea Bizwire) – On August 15, with reports from Hyundai and Kia indicating that 141,681 eco-friendly cars had been sold thus far this year as of the end of last month, it is believed that the automotive giants may have found a possible lifeline out of their troubles. To put into perspective [...]
SEOUL, Aug. 10 (Korea Bizwire) — Hyundai Motor Company and its labor union remain locked in a stalemate with the domestic automotive industry in the midst of one of its most critical moments in recent history. In what has become something of a yearly tradition, one of the chief sticking points in the talks is the [...]
SEOUL, May 15 (Korea Bizwire) — Sales of plug-in hybrid electric vehicles (PHEVs) have yet to pick up in South Korea, mostly due to high prices and lack of consumer recognition, industry officials said Sunday. Hyundai Motor sold 37 units of its Ioniq plug-ins in April, the best monthly sales since the model’s launch in [...]
GOYANG, South Korea, Feb. 27 (Korea Bizwire) – Hyundai Motor Company unveiled its Ioniq plug-in hybrid electric vehicle (PHEV) Monday, completing its trio of Ioniq vehicles. The Ioniq Hybrid was introduced in January of last year, and the Ioniq Electric followed two months later. The new PHEV model uses both an internal combustion engine and [...]
SEOUL, July 25 (Korea Bizwire) – According to Hyundai Motor, 48 percent of the customers who purchased its eco-friendly hybrid models – Ioniq, Sonata and Grandeur (Azera) – between January and May chose white-colored vehicles, indicating that white is the most popular color for eco-friendly cars. The Ioniq Hybrid showed the highest percentage with 66 [...]
SEOUL, Jul. 18 (Korea Bizwire) — Hyundai Motor Co., South Korea’s dominant automobile maker, will step up efforts to expand infrastructure for electric vehicle (EVs) use by local drivers, as it aims to sell at least 4,800 Ioniq Electric units in the country this year alone, company officials said. “We plan to launch a mobile [...]