Most Popular
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Now is no time to add pressure on businesses: top executives
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CJ CheilJedang to spur overseas growth with new Hungary, US plants
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Seoul to host winter festival from Dec. 13
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Nationwide rail disruptions feared as union plans strike from Dec. 5
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Blackpink's solo journeys: Complementary paths, not competition
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N. Korea, Russia court softer image: From animal diplomacy to tourism
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Smugglers caught disguising 230 tons of Chinese black beans as diesel exhaust fluid
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[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts
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Actor Song Joong-ki welcomes second child in Rome
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Main opposition pushes to ease, not postpone, tax on crypto gains
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[CES 2024] 42dot, Samsung to launch Exynos-based auto platform
42dot, the software mobility unit under Hyundai Motor Group, clinched a deal with Samsung Electronics to develop an artificial intelligence-based software-defined vehicle platform on the sidelines of the CES 2024 tech show in Las Vegas on Tuesday. Song Chang-hyeon, who doubles as 42dot CEO and president of the software-defined vehicle unit at Hyundai Motor Group, and Park Yong-in, president of the system large-scale integration division at Samsung Electronics, participated in a signing ceremony
Jan. 10, 2024
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[CES 2024] Hyundai Mobis’ e-Corner system makes debut
Hyundai Mobis, a car parts manufacturing unit under Hyundai Motor Group, unveiled Mobion, an electric vehicle running on its self-driving e-Corner System technology for the first time at CES 2024 in Las Vegas on Wednesday. The technology incorporates the world’s first in-wheel motors consisting of four small motors that incorporate rotational steering and electronic braking in one module installed in the car wheels. “The e-Corner system reduces physical connections of mechanical devi
Jan. 10, 2024
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[CES 2024] Hyundai-backed Supernal to debut flying taxies in Korea, US by 2028
LAS VEGAS -- Supernal, Hyundai Motor Group’s air taxi subsidiary, unveiled the next generation of its aircraft, the S-A2, at CES 2024 in Las Vegas on Tuesday, marking a substantial step in its drive to introduce flying taxis. "We have pushed the technical boundaries toward a future where cities are free from congestion and limited mobility. Our goal is to bring air taxi service to both the US and Korean markets by 2028," said Shin Jai-won, executive vice president and head of Sup
Jan. 10, 2024
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[Photo News] Hyundai family
HD Hyundai Vice Chairman Chung Ki-sun (left) and Hyundai Motor Group Executive Chair Chung Euisun look around HD Hyundai's exhibition area at the CES 2024 in Las Vegas on Tuesday. As the grandsons of Chung Ju-yung, the late founder of Hyundai Group, the two business moguls are cousins. HD Hyundai is showcasing the future of construction on the back of automation technology at this year's global tech convention. (HD Hyundai)
Jan. 10, 2024
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[CES 2024] Kia debuts purpose-built concept EVs with modular design
LAS VEGAS -- Kia on Monday unveiled a versatile lineup of concept purpose-built electric vehicles at the CES 2024, featuring an all-new modular design architecture, and targeting commercial applications with a focus on sustainability and a blend of hardware and software solutions. The lineup is set for commercialization in 2028. “We are targeting the under-electrified light commercial vehicle market, identifying an opportunity to innovate in a sector burdened by inefficient post-production
Jan. 9, 2024
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[CES 2024] Hyundai vows innovation in software, hydrogen for 'future generations'
LAS VEGAS -- Hyundai Motor Group on Monday unveiled a centralized strategy for its software-defined vehicles and an expanded hydrogen ecosystem during the CES 2024. "Our hydrogen venture is for future generations. ... (Software-defined vehicles) can offer enhanced safety,” said Hyundai Motor Group Executive Chair Chung Euisun, who attended the media conference held at the Mandalay Bay Convention Center in Las Vegas on Monday Hyundai reinforced its commitment to hydrogen energy by e
Jan. 9, 2024
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SK On to supply batteries to Chinese-made electric bus
SK On is poised to supply high-performance nickel, cobalt and manganese (NCM) batteries for Chinese-made electric buses imported to South Korea, industry sources said Monday. The battery manufacturer recently clinched a deal with EM Korea, an electric bus sales company, which will install the batteries in China Hi-Tech Group Corporation’s EFICITY bus models, according to media reports. An SK On official confirmed the deal and said the NCM batteries have energy density levels beyond the ele
Jan. 8, 2024
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US senators pressure Hyundai, 12 carmakers not to interfere in union activism
A group of 33 US senators on Thursday called on Hyundai Motor Group and 12 other auto manufacturing companies not to interfere with the United Auto Workers’ ongoing efforts to unionize at their US plants. Democrats Gary Peters, Ron Wyden, Dick Durbin and others signed a letter and sent it to top executives at Hyundai Motor Group, Tesla, Toyota, Volkswagen, Mercedes-Benz, BMW, Rivian and others, urging them to remain neutral in union organizing activities. “We are concerned by reporti
Jan. 5, 2024
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Kia’s EV9 named SUV of the year in North America
Hyundai Motor Company’s smaller sibling Kia’s large-sized full-electric sport utility vehicle, the EV9, won the 2024 North American Utility of the Year award, the company said Friday. The North American Car, Truck and Utility Vehicle of the Year Awards was held at the city of Pontiac in Michigan on Thursday. This is the third time Kia has won the top SUV honor, after its midsized SUV Telluride and battery-powered crossover SUV EV6 each won the title in 2020 and 2023, respectively. On
Jan. 5, 2024
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[KH Explains] Lukewarm EV sales offset by boom in hybrid cars
With the yearslong electric vehicle boom showing signs of dying down, hybrid cars using a combination of electric and gasoline power are seeing a boost in sales in Korea. In the January-November period of 2023, Korea sold a record 254,258 hybrid cars, growing 54.7 percent from a year earlier, while EV sales dipped 7.9 percent to 107,453 units, according to data from the Korea Automobile Manufacturers Association. Bestselling hybrid models included Hyundai’s Grandeur and Tucson and Kia&rsqu
Jan. 4, 2024
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BMW reclaims top auto importer title in Korea
BMW has once again reclaimed the top auto importer title in South Korea, for the first time since 2015, by edging out Mercedes-Benz in a duel that came down to the wire. According to the Korea Automobile Importers and Distributors Association’s report released Thursday, BMW sold 77,395 vehicles in the Korean market last year, just 698 more than Mercedes-Benz’s 76,697 sold. As the former took up 28.56 percent of the total market share and the latter accounted for 28.3 percent, the two
Jan. 4, 2024
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Kia logs record sales in 2023
Kia has set a new record by selling 3.08 million vehicles across the world last year, Korea’s second-largest automaker said Wednesday. Kia sold 563,660 cars in Korea and 2.51 million vehicles overseas, up 4.6 percent and 6.7 percent on-year, respectively. The automaker’s previous record was 3.04 million units in 2014. Kia’s sport utility vehicles led the company’s record year. The three bestselling models were the Sportage with 523,502 units sold, the Seltos with 344,013
Jan. 3, 2024
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Hyundai Motor kick-starts year at Korea’s first EV-only factory
Hyundai Motor Group kick-started the year with a New Year's address on Wednesday at Kia AutoLand Gwangmyeong, South Korea’s first dedicated electric vehicle factory, with Executive Chair Chung Euisun and other top executives sharing the company's vision and commitment to electrification and future mobility. The Hyundai chief reaffirmed the group's focus on "constant change" and "sustainable growth" as key strategies to thrive amid global uncertainties and
Jan. 3, 2024
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No Korea-made EVs are eligible for US tax credits
With the US government excluding electric vehicles equipped with Chinese batteries for tax credits starting this year, Korea-made electric cars sold in the US officially became ineligible for the hefty tax break. According to the US Department of Energy on Monday, only 19 EV models are available for tax credits of up to $7,500 following the Inflation Reduction Act, a drop from last year’s 43 models. Several US automakers’ electric car and plug-in hybrid models -- Chevrolet, Chrysle
Jan. 2, 2024
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[KH Explains] Hyundai Motor aims to open era of flying mobility
Flying cars have long been a fixture in science fiction movies. For Hyundai Motor Group, the vision of vehicles flying in the air is not just a whimsical idea anymore as the Korean auto giant appears determined to make them a reality in the near future. Supernal, Hyundai Motor Group’s US-based advanced air mobility company, is gearing up to showcase the life-size concept model of its electric vertical takeoff and landing vehicle, or eVTOL, at CES 2024 to be held at the Las Vegas Convention
Jan. 1, 2024
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LG to unveil display tech for smart cars at CES 2024
LG Display said Monday it will unveil four new automotive display technologies at the upcoming CES 2024 slated for next week in Las Vegas, introducing innovations tailored for software-defined vehicles that heavily rely on multiple advanced displays for various functions. These display solutions aim to improve the flexibility, visual quality, affordability, and safety of screens in software-defined vehicles. Central to LG's showcase is the adaptation of P-OLED, or plastic OLED, technology t
Jan. 1, 2024
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Hyundai, Kia hybrid sales hit record high
Hyundai Motor Group’s two auto brands -- Hyundai Motor Company and Kia -- have set a new record by selling some 767,000 hybrid electric vehicles across the world through November this year, the South Korean auto giant said Wednesday. According to the automakers, Hyundai Motor Company and Kia sold 254,258 HEVs in the Korean market, accounting for 21 percent of their total domestic sales during the January to November period. The two companies sold 513,000 HEVs overseas in the same timeframe
Dec. 27, 2023
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Chaebol leaders heading to CES 2024
Leaders of South Korea’s top conglomerates are set to converge at CES 2024 in Las Vegas next month to immerse themselves in emerging tech trends and expand global business networks. SK Group Chairman Chey Tae-won will be making his second consecutive appearance after last year's CES. “I’m also wondering how far artificial intelligence can be evolved. Drastic changes are expected to be made in the next five years. (That’s why) I’m heading to the CES,” th
Dec. 27, 2023
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Hyundai Mobis to help Marines combat motion sickness
South Korean automotive technology company Hyundai Mobis said Wednesday it has teamed up with the Marine Corps to develop a novel anti-motion sickness technology for assault vehicles to boost Marines' combat performance on rough terrain. The potential technology is designed specifically for amphibious assault vehicles. Because these vehicles are used for transporting troops from ships to shore through rough, unpredictable sea and land conditions, motion sickness is a common issue that plagu
Dec. 27, 2023
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[Photo News] Hyundai's year-end gifts
Hyundai Motor Company has given out year-end gifts and offered cultural experiences to 1,432 children and adolescents nationwide in collaboration with ChildFund Korea as a part of its annual corporate social responsibility activities, the Korean automaker said Wednesday. Named "Santa Expedition," this year's event marking its eighth edition also invited youth to Hyundai Motorstudio Goyang in Gyeonggi Province to experience various mobility activities. (Hyundai Motor Group)
Dec. 27, 2023