Hyundai Archives — Page 2 of 13

May 13, 2023 No Responses

Hyundai Delivers 1,021,712 Units In Three Months

By Moses Ebosele, ebosele@hotmail.com — Between January and March 2023, Hyundai Motor sold 1,021,712 units around the globe, a 13.2 percent increase from a year earlier. City Business News report that sales in markets outside of Korea were up by 10.7 percent to...

May 5, 2023 No Responses

Hyundai Reports 336,212 Global Sales In April

Hyundai Motor Company has announced April 2023 global sales of 336,212 units, a 8.5 percent increase year-over-year. City Business News reports that despite the continued uncertainties in the business environment, the company maintained its robust sales moment...

April 28, 2023 No Responses

Hyundai Wins 19 Design Awards In Multiple Categories

Hyundai Motor Company, its Marketing unit and Hyundai Motor Group won a combined 19 prizes, including a ‘Gold’ honor, at the prestigious International Forum (iF) Design Award 2023 in the Product, Professional Concept, Interior Architecture, Communication, ...

February 27, 2023 No Responses

Hyundai Begins EV Production In US

Hyundai Motor has commenced production of an electric vehicle (EV) in the US in response to the US Inflation Reduction Act (IRA), which allows no subsidies for imported EVs. Already, the South Korean carmaker has assembled the Genesis GV70 SUV...

February 15, 2023 No Responses

Hyundai Records 306,296 Sales In January

Hyundai Motor Company has announced its January 2023 global sales of 306,296 units, a 8.4 percent increase over last year. City Business News report that despite the continued uncertainties in the business environment, Hyundai global sales have grown ste...

January 26, 2023 No Responses

Hyundai Reveals All-New KONA SUV

Hyundai Motor Company has revealed details of its new generation KONA subcompact Sports Utility Vehicle (SUV) for Korea, with information about the global model coming in March, 2023. According to information obtained by City Business News, the ups...

January 12, 2023 No Responses

Hyundai Motor Group Executive Chair Emerges MotorTrend Person Of The Year

Hyundai Motor Group Executive Chair, Euisun Chung, has been honored with the MotorTrend Person of the Year award, having secured the number one position in MotorTrend’s esteemed 2023 Power List. The MotorTrend Power List ranks the 50 most influential p...

January 4, 2023 No Responses

Saudi Arabia Partners Hyundai, Targets 500,000 Electric Cars In 2030

The Kingdom of Saudi Arabia’s Ministry of Industry has signed a memorandum of understanding with the South Korean company Hyundai Motors to build a factory for the complete assembly of electric cars in the Kingdom, the Saudi Press Agency (SPA)...

December 27, 2022 No Responses

Hyundai Heavy Industries Group Changes Name

Hyundai Heavy Industries Group has changed its name to HD Hyundai, the company said in a regulatory filing. According to Korean media reports, the name change coincides with the 50th anniversary held in Seongnam, Gyeonggi Province, which served as the...

October 27, 2022 No Responses

Hyundai breaks Ground On $5.5b EV, Battery Plant

Hyundai Motor Company broke ground on a $5.54 billion Electric Vehicle (EV) and battery plant in the United States. According to Reuters, the investment is the largest in the state’s history and the latest in a string of EV...

September 20, 2022 No Responses

Hyundai, IVECO Present First Fuel Cell Large Van

Hyundai Motor Company and Iveco Group on Monday at IAA Transportation 2022 in Hannover unveiled the first IVECO eDAILY Fuel Cell Electric Vehicle. Hyundai and Iveco Group have ambitious sustainability goals, as demonstrated by their individual...

August 7, 2022 No Responses

Hyundai To Raise Stake In Startup

Hyundai Motor Group plans to ramp up its stake in a local startup specialised in autonomous driving technology and invest about 400 billion won ($308.19 million), a newspaper report has said. Hyundai Motor Group, which houses Hyundai Motor Co and Kia...

July 29, 2022 No Responses

Hyundai, Kia Join Korean Research Group

Hyundai Motor and Kia have signed joint research agreements with six Korean research institutes and formed a consultative body to develop mobility solutions to explore the surface of the moon. The announcement follows Korea’s successful launch of...

July 20, 2022 No Responses

Hyundai IONIQ 6 Electrified Streamliner Debuts

Hyundai Motor Company launched the eagerly awaited IONIQ 6 Electrified Streamliner with a digital world premiere film. As the new model in the brand’s IONIQ all-electric lineup brand, the electrified streamliner’s array of advanced technologies...