SEOUL, March 22 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp. will join hands with Woowa Brothers, South Korea’s top food delivery app operator, to develop unmanned delivery robots. The three companies recently signed a memorandum of understanding to start a research and development (R&D) project on robotics mobility and distribution for delivery [...]
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 [...]