As Tesla Inc speeds up the shift to electric vehicles, Hyundai Motor’s long term suppliers have increasingly turned to “outsiders” for parts – but now the South Korean automaker’s own supply company, Mobis, is getting into the game. Hyundai Mobis is in talks with two global automakers to provide electrified parts, its executive told Reuters, […]
Hyundai
Kia Motors to expand diversification of global mobility services
Kia Motors has announced plans to expand its partnerships with worldwide mobility companies to meet the needs of a diverse range of consumers. Kia’s President and CEO Ho Sung Song shared the company’s plan for global mobility during his visit to the company’s Sohari plant in Korea to observe launch preparations for the new fourth-generation […]
Nikola is open to cooperation with Hyundai on hydrogen
U.S. electric truck maker Nikola said it was open to working with Japanese automaker Hyundai Motor on hydrogen technology after a media report that it had reached out to the South Korean automaker. In an interview with newspaper Chosun Ilbo published on Sunday, Trevor Milton, founder of Nikola Corp, stated he would like to collaborate […]
Hyundai Motor and Aptiv name self-driving joint venture Motional
Hyundai Motor and auto supplier Aptiv PLC have named their self-driving joint venture Motional, the companies stated on Tuesday. Established a year ago, the $4-billion venture is developing a wholly automated system that it hopes to start selling in 2022 to robotaxi companies and fleet operators, Chief Executive Karl Iagnemma informed in an interview. “In […]
Hyundai shares increase as company announce creating family of Ioniq
Hyundai Motor stock increased as much as 10.2% on Monday to its highest price since May 2018. The increase follows the automaker’s statement that they would create a family of Ioniq-brand electric vehicles (EVs) as it looks forward to becoming the third-largest EV maker by 2025. In an announcement on Monday, Hyundai announced the elevation […]
Hyundai Ioniq Electric has been named best electric family car
The Japanese automaker Hyundai’s Ioniq Electric has been named the best Electric Family Car on sale in the first What Car? Electric Car Awards. The judges praised Ioniq Electric for providing a better package ‘than any other rival’ – whether that’s its electric range, its value for cash, its equipment, or its technology. Ioniq Electric introduced […]
Kia Sonet SUV premiered, to be offered with three engine options
Kia Motors has revealed its sub-compact SUV Sonet in a world premiere on Friday. The car will be offered with 3 engine options of 1.2-litre petrol, 1.0-litre turbo petrol, and the 1.5-litre turbo diesel. These engines can either be used with a 5-speed manual transmission or the 6-speed DCT or the all-new 6-speed iMT gearbox. […]
U.S. auto sales recovery continues as Toyota posts lowest decline this year
U.S. new vehicle sales in July continued to show indications of recovery from the coronavirus pandemic, as Toyota Motor on Monday published its lowest sales reduction since the coronavirus crisis damaged the sector in mid-March. The Japanese automaker informed that its sales in July fell 19% versus the same month in 2019, to 169,484 units. […]
Kia Sonet appears on the official website ahead of its debut
Kia Motors is all set to unveil the Sonet subcompact SUV on August 7. After teasing the sub-compact SUV in a rendered image some days ago, the Sonet has been listed on the automaker’s official website. Kia has also started registering customer interest. The Sonet will be underpinned by a similar platform as observed on the Hyundai […]
Hyundai develops air conditioning technologies to enhance air quality
Hyundai Motor on Monday said that it has developed three technologies to manage the air quality in vehicles. These three technologies are After Blow, Multi-Air Mode, and Fine Dust Indicator, as the automaker states. The ‘After Blow’ keeps evaporator dry to suppress mold growth, ‘Multi-Air Mode’ disperses air to decrease direct air contact, while the ‘Fine Dust […]
Hyundai second-quarter beats estimates and sees long way for market recovery
Hyundai Motor reported a drop in profit on high-margin domestic sales but less than what was expected. The automaker said that while demand should pick up soon, the pace of recovery will be slow because of the impact of the coronavirus pandemic. The automaker which together with sister company Kia Motors is the world’s fifth-largest […]
Kia offers easy car ownership plans for customers in Philippines
As the world continues to deal with the coronavirus, the automotive industry has started to adopt “new normal” ways to promote safety and to increase sales. With the many challenges on the local economy of the Philippines, apart from the 52 percent year-on-year decline of the domestic auto industry, companies, such as Kia Philippines (Kia […]
Hyundai shares increased nearly eight percent after ‘green new deal’
Shares of Hyundai Motor increased by almost 8% on Wednesday, a day after South Korea announced a “green new deal” to spur the use of environmental friendly vehicles. Other auto shares gained ground, with sister automaker Kia Motors increasing 4.1% and auto parts supplier Hyundai Mobis increasing 3.3%. Recently, Hyundai Motor Group leader Euisun Chung […]
Hyundai, Kia to sell one million EVs in 2025, says group leader
Hyundai Motor Group leader Euisun Chung stated on Tuesday that the flagship Hyundai Motor and sister company Kia Motors would sell 1 million electric vehicles (EVs) in 2025, together they will be targeting more 10% of the worldwide market share of EVs. Hyundai Motor plans to introduce a next-generation electric vehicle with a driving range […]
Hyundai reveals new insights on design of the Vision T concept car
Hyundai Motor has released a new walkaround video about Vision T, first revealed at the Los Angeles International Auto Show in 2019. In the video, Head of Hyundai Design SangYup Lee describes the main characteristics of the concept car’s design: dynamic architecture, sharp edges and straight lines, and geometric design features referred to as “parametric […]
