SEOUL, March 18 (Korea Bizwire) — Kia Corp. has joined hands with a local mobility solution provider to develop a one-stop electric car pickup and charging service. South Korea’s No. 2 carmaker announced on Wednesday that it signed a memorandum of understanding (MOU) with YWMobile Co. to jointly develop an on-demand pickup and charging platform. [...]
SEOUL, March 15 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, on Monday revealed the design of the EV6, its first dedicated all-electric model built on Hyundai Motor Group’s EV platform, ahead of its global unveiling later this month. The EV6 is based on the group’s own Electric-Global Modular Platform (E-GMP) and developed under [...]
SEOUL, March 10 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp. said Wednesday they are targeting a 23 percent on-year gain in China sales this year. Hyundai and Kia aim to sell a combined 817,000 vehicles in China in 2021, up from 664,744 units a year earlier, a Hyundai spokesman said. To help [...]
SEOUL, March 9 (Korea Bizwire) — Kia Corp. on Tuesday released a teaser for the EV6, its first dedicated all-electric model built on Hyundai Motor Group’s EV platform, ahead of its global unveiling later this month. Kia plans to launch seven all-electric models by 2027, and the EV6 is the first model of the planned [...]
SEOUL, Feb. 19 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, said Friday it became the best-scoring mass-market brand in this year’s J.D. Power’s Vehicle Dependability Study results. Kia beat perennial No. 1 Toyota Motor Corp. and 16 other mass-market brands to become the most dependable mainstream brand in terms of problems owners of [...]
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. 17 (Korea Bizwire) — Kia Corp. South Korea’s No. 2 carmaker, on Wednesday revealed the exterior design of the new large sedan K8, the first model that bears its new brand logo. The K8 is a successor of K7, better known as Cadenza in the United States, which has sold over 500,000 units [...]
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. 9 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker by sales, said Tuesday it will invest 29 trillion won (US$26 billion) in car manufacturing facilities and future mobility technologies by 2025. Kia will spend 18.8 trillion won on enhancing profitability in the existing car manufacturing business and 10.1 trillion won on generating [...]
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 [...]