Automotive
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Hyundai showcases high-performance EV 'IONIQ 5 N'
SEOUL -- Hyundai Motor has unveiled its very first high-performance electric vehicle model called "IONIQ 5 N," which is the beefed-up version of the IONIQ 5 released in 2021. The electric sport utility vehicle boasts a style of everyday sportscar while having the capability to race on professional motor tracks. Hyundai's N brand was first launched in 2015 to benchmark other high-performance brands such as AMG of Mercedes Benz, M of BMW and RS of Audi. Currently
14 July 2023
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Hyundai garners more than 10 mln global connected car service subscribers in less than 2 yrs
SEOUL -- Hyundai auto group said that its affiliated brands -- Hyundai Motor and Kia -- have garnered more than 10 million global subscribers to its connected car services, about 12 years after the carmaker globally introduced the wirelessly connected car management program. Hyundai and Kia cars offer connected services to help customers manage various features of their cars remotely. Drivers can use a smartphone app to remotely control the charging rate of their electric vehicles,
26 June 2023
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Hyundai auto group launches car-sharing service at Japan's cultural hub 'T-Site'
SEOUL -- South Korea's Hyundai auto group has launched a car-sharing service at T-Site, a cultural complex in Daikanyama, a trendy district of Tokyo with a high-end bookstore, fancy eateries, and coffee shops. The carmaker will work with Culture Convenience Club, a Japanese content developer that operates T-Site, to capture the heart of Japanese consumers through various types of businesses using its green vehicles. It's been difficult for foreign carmakers to expand thei
23 June 2023
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Hyundai Wia makes foray into EV heat management component market
SEOUL -- Hyundai Wia, South Korea's car parts maker, has entered the global electric vehicle heat management component market with a coolant hub module that manages the heat released by the batteries, motors, and other electric components. Hyundai Wia's module will be installed into Hyundai Motor and Kia's EV models. Heat management is an important aspect in the operation of an EV. When an EV's parts are heated, the overheating could lead to degraded performance or
16 May 2023
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Sales of Hyundai and Kia cars increase in India for more than 12 consecutive months
SEOUL -- Sales of Hyundai Motor and Kia vehicles in India, the world's third-largest automotive market, are steadily increasing. Sales of Hyundai cars have increased for 12 consecutive months while Kia's sales increased for 14 months in a row. According to data released by the Society of Indian Automobile Manufacturers (SIAM) on May 15, accumulated sales of Hyundai and Kia cars in India in the first four months of 2023 stood at 295,359 units, up 15.5 percent from the same p
15 May 2023
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S. Korean clean energy vehicle makers target overseas commercial vehicle markets
SEOUL -- While many countries around the world are joining a global initiative that aims to achieve net-zero carbon emission by 2050, South Korean clean energy commercial vehicle makers including Hyundai Motor are eyeing overseas markets with electric buses and hydrogen fuel cell commercial heavy-duty trucks. Commercial clean energy vehicles are mainly divided into two sectors -- electric and hydrogen fuel cell -- and while the electric drive system is widely adopted by many countr
9 May 2023
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KG Mobility selected as preferred negotiator for acquisition of domestic electric bus maker
SEOUL -- KG Mobility, formerly known as Ssangyong Motor, has set out to negotiate with Edison Motor, a domestic electric bus maker to meet an agreement in an acquisition deal. Edison Motor creates electric buses with up to 85 percent localized parts. The South Korean carmaker well-known for its lineup of sport utility vehicles (SUVs) said in a statement on April 26 that the company has been selected by a bankruptcy court in Changwon some 300 kilometers (186 miles) south of Seoul as
27 April 2023
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Hyundai's car parts maker wing showcases crab-walking vehicle
SEOUL -- Hyundai Mobis, the parts-making unit of South Korea's Hyundai auto group, has demonstrated an electric vehicle capable of crab driving, which enables cars to move sideways like a crab to evade obstacles or move out of a tight spot. Using four wheels that move at different angles, the crab-walking vehicle can also spin around 360 degrees. The car parts maker released a video showing Hyundai’s IONIQ 5 equipped with the all-in-one electric vehicle (EV) wheel modul
24 April 2023
