Automotive

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  Hyundai Motor partners with Rhizome to support innovative digital art endeavors and exhibitions SEOUL -- South Korea's Hyundai auto group has forged a two-year partnership with Rhizome, an American digital art organization, to support innovative digital art endeavors and exhibitions. The auto group has launched an art and culture initiative through partnerships with art institutions such as Tate Modern in Britain. Rhizome, affiliated with the New Museum in New York City, holds an important and unique position in digital culture. Its forward-thi 2021-01-20
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  Hyundai Wia develops efficient heat management module for electric vehicles SEOUL -- Hyundai Wia, a parts-making unit of South Korea's Hyundai auto group, has developed an efficient heat management module that can increase the driving distance of electric cars and improve battery life. The new system will be used for Hyundai Motor's dedicated new battery platform from 2023. The dedicated battery platform called Electric-Global Modular Platform (E-GMP) signals the start of the auto group's full-fledged campaign to repla 2021-01-18
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  Hyundai to complete construction of fuel cell production plant in China in 2022 SEOUL -- South Korea's Hyundai auto group has signed an investment contract with China's Guangdong Province to set up a hydrogen fuel cell production plant. The South Korean carmaker group will use the factory as a useful bridgehead into China's rapidly growing fuel cell market. The fuel cell market in China is estimated to reach $255.2 billion in 2032, according to global research firm Research and Markets. Hyundai said in a statement on J 2021-01-15
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  Samsung showcases next-generation infotainment system for connected cars Samsung's "Digital Cockpit" is a 5G-connected infotainment system equipped with a 49-inch wide quantum-dot light-emitting diode (QLED) display with a fully immersiv 2021-01-08
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  Hyundai Motor wins state approval to build hydrogen fuel cell plant in China SEOUL -- South Korea's Hyundai auto group has secured state approval to produce fuel cells in China. To cope with competition with foreign companies in China's fast-growing hydrogen market, the group has established distribution networks in the world's second-largest economy in cooperation with regional partners. The green light came from the Ministry of Trade, Industry and Energy, which approved Hyundai's application to build a fuel cell 2021-01-05
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  State flight test center designated as test bed for drone taxis The mock-up of Butterfly from Hanwha Systems is on display at a public event in Seoul on November 11. SEOUL -- A state-run flight test center in South Korea's southern coastal town of Goheung was designated by a public-private consultative body called "Urban Air Mobility Team Korea" as a testbed for drone taxis that will be commercialized in 2025. Urban air mobility (UAM) is an ecosystem covering personal air vehicles (PAVs) and infrastructure such a 2020-12-29
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  Southern port city demonstrates world's first fuel cell-powered garbage truck SEOUL -- The southern port city of Changwon has joined hand with Hyundai Motor and a state automotive research institute to demonstrate the world's first hydrogen fuel cell-powered garbage truck in a bid to accelerate the popularization of eco-friendly vehicles for administrative purposes and reduce the emission of pollution. Changwon some 300 kilometers (186 miles) southeast of Seoul said in a statement on December 28 that the port city, Hyundai and t 2020-12-28
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  LG and Magna agree to establish joint venture targeting rapidly growing global EV parts market SEOUL -- South Korea's electronics giant LG Electronics and Canada's mobility technology company Magna International have agreed to establish a joint venture targeting the global electronic vehicle powertrain market that is growing rapidly thanks to the popularization of eco-friendly vehicles. LG said in a statement on December 23 that the company and Magna will set up a joint venture tentatively called LG Magna e-powertrain to manufacture electri 2020-12-23
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  Hyundai partners with postal service to test electric cargo truck delivery SEOUL -- As part of a green project to reduce greenhouse emissions, Hyundai Motor has partnered with a state postal logistics service agency to test electric light-duty trucks on urban roads in Seoul and satellite cities for the delivery of parcels. Hyundai said in a statement on December 21 that the company signed a memorandum of understanding with the Korea Postal Logistics Agency (POLA) to deploy the electric version of Mighty, a line of light-duty com 2020-12-21
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  ​​Hyundai auto group releases mobile translator app for car industry SEOUL -- To break language barriers among multinational workers and help them collaborate more effectively, a venture company of South Korea's Hyundai auto group has released an artificial intelligence-based translator app. The app can translate chat room messages and texts embedded in images and documents into different languages in real-time. Hyundai said in a statement on December 18 that H-Translator, the real-time translator app developed by 2020-12-18
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  Busan port aims to become regional hub for urban air mobility SEOUL -- South Korea's southern port city of Busan aims to become a regional hub city for the establishment of a specialized urban air mobility ecosystem utilizing its maritime environment and logistics infrastructure. A seaside demonstration section was set for the development of various business models. Urban air mobility (UAM) is an ecosystem covering personal air vehicles (PAVs) and infrastructure such as a new navigation system, take-off and landing fields 2020-12-18
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  LG Uplus demonstrates 5G-connected autonomous parking assist system SEOUL -- LG Uplus, a mobile carrier in South Korea, has demonstrated an autonomous 5G-connected car parking assist technology that will locate empty parking places in real-time and park a car using sensors such as CCTVS, lidar and radar. Parking assist features are commonly found in the current generation of cars produced by different makers. However, a driver should move a car to an empty parking space and prompt it to engage in the parking assist mode. LG 2020-12-17
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  Hyundai auto group seals $880 mln deal to acquire Boston Dynamics SEOUL -- South Korea's Hyundai auto group sealed an $880 million deal to acquire Boston Dynamics, an American engineering and robotics design company known for Spot, a quadruped robot as the group diversifies its business portfolio into robotics and urban air mobility. Hyundai said it would acquire a controlling 80 percent stake in Boston Dynamics from SoftBank Group. Hyundai Chairman Chung Eui-sun will inject some 240 billion won ($220 million) in pri 2020-12-11
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  Hyundai Mobis strengthens development capabilities in automotive semiconductors SEOUL -- Hyundai Mobis, the parts-making wing of South Korea's Hyundai auto group, took over the semiconductor business of its affiliate to secure differentiated technological competitiveness in self-drying and future cars that require high-performance semiconductors and integrated control systems. Hyundai Mobis said in a statement on December 11 that it signed a contract to absorb Hyundai Autron's semiconductor business for 133.2 billion won ($1 2020-12-11
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  Auto consultant urges S. Korean carmakers to make quick business transition SEOUL -- To regain their competitiveness in the global market which has been hit hard by a prolonged COVID-19 pandemic, South Korean carmakers should speed up their business transition to technologies related to connected, autonomous, shared and electrified, or CASE which has been cited as the guiding principle for the future of the auto industry, said a senior Alix Partners consultant. "The focus should be on making decisions that efficiently allocat 2020-12-09
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  Hyundai's luxury SUV offers stand-alone music streaming using LTE network SEOUL -- GV70, a high-end Genesis sport utility vehicle unveiled by South Korea's Hyundai auto group, will offer a stand-alone music streaming service that would allow drivers to enjoy high-quality sounds without connecting smartphones or tablet PCs to their vehicles. Previously, drivers have connected smart devices using a Bluetooth connection or an auxiliary port (AUX) cable to their cars. An infotainment system plays the role of a relay hub that delivers 2020-12-09
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  Transport ministry to demonstrate truck platooning on public roads SEOUL -- To test the efficacy of autonomous trucks on actual public roads, South Korea's Ministry of Land, Infrastructure and Transport will demonstrate truck platooning using connected self-driving trucks. The group-driving feature is considered one of the key points of autonomous trucks. Truck platooning is an autonomous driving method that interlinks two or more autonomous trucks to drive in a formation. Trucks c 2020-11-26
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  Hyundai's new luxury SUV to feature in-vehicle digital payment system using fingerprints SEOUL -- In a bid to provide differentiated driving experiences, Hyundai Motor's luxury car brand Genesis will release GV70, a sport utility vehicle, featuring an in-car digital payment system that uses fingerprints for the authentication of drivers. The concept of in-vehicle digital payment was revealed by Hyundai's auto group in November last year. The carmaker revealed a plan to commercialize an infotainment system that allows users to make paym 2020-11-26
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  Hyundai's fuel cell system to be used for Ineos rugged off-road utility vehicle SEOUL -- Grenadier, a rugged off-road utility vehicle designed by the automotive section of Ineos, a chemicals company headquartered in London, will be installed with a fuel cell system developed by South Korea's Hyundai auto group as part of their cooperation to develop a hydrogen value chain in Europe. The auto group said it has signed a memorandum of understanding with Ineos to jointly investigate opportunities for the production and supply of hyd 2020-11-23
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  Hyundai auto group ties up with Singapore's SP Group for joint EV business SEOUL -- South Korea's Hyundai auto group tied up with Singapore's SP Group to accelerate the adoption of electric vehicles in the sovereign island city-state in Southeast Asia. They agreed to jointly develop a new business model for battery leasing that would allow EV users to lease car batteries. Hyundais said that it has signed a business cooperation agreement with SP, which operates Singapore’s largest high-speed charging network, to 2020-11-12