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Hyundai Mobis unveils world's first holographic windshield at CES
Hyundai Mobis, a leading Korean car parts manufacturer affiliated with Hyundai Motor Group, unveiled the world’s first holographic windshield display at CES 2025 in Las Vegas, the US, marking a futuristic shift in passenger car cockpit design. According to Hyundai Mobis on Thursday, the new windshield, developed in collaboration with German optics giant Zeiss, displays high-definition images of a wide range of information, including speed, navigation maps and infotainment content such as videos
Jan. 9, 2025 -
Thoth's battery recycling solution scores innovation awards at CES
Korea’s robotics solutions provider Thoth said Wednesday that its vehicle battery dispoal solution has been recognized with three innovation awards at this week's CES 2025 in Las Vegas. Thoth's "DisMantleBot" technology determines whether a used battery should be dismnatled completely or partially, as well as suggesting the optimal dismantling method based on the level of remaining electricity. The solution then systematically disassembles the battery into basic components, such as anodes, catho
Jan. 9, 2025 -
Hyundai cars now available on Amazon
Hyundai vehicles offered by over 200 dealers across the US are officially put up for sale on the US' largest retail platform Hyundai Motor Group officially began selling its cars to consumers across the US via e-commerce platform Amazon, making it convenient for customers to find and buy their vehicle of choice online. Hyundai Motors said Tuesday that all of Hyundai’s car models — internal combustion models, hybrid electric cars and fully electric vehicles — available in the US are now listed fo
Jan. 8, 2025 -
Why Hyundai Motor’s factory jobs are generating buzz
Competitive starting salaries, work-life balance lure job seekers from high school graduates to career changers Hyundai Motor Company’s recruitment process to hire new factory workers this year is generating a buzz among job seekers here, from high school graduates to those looking to switch jobs from chaebol rivals Samsung and SK, all drawn by the promise of competitive salaries and better work-life balance. In 2023, the auto giant resumed its recruitment process to hire hundreds of workers at
Jan. 8, 2025 -
Hyundai Steel mulls building plant in US
Korean steelmaker says it is exploring various ways to secure global competitiveness but no official decisions made yet Hyundai Steel, a steelmaker under Korean auto conglomerate Hyundai Motor Group, is considering building an automotive steel mill in the United States as a strategy to deal with incoming Donald Trump administration’s trade protectionism. According to industry sources and media reports on Wednesday, Hyundai Steel is in talks with various states in the southern region of the US su
Jan. 8, 2025 -
Transport minister hints at resignation over plane crash
Park Sang-woo, minister of land, infrastructure and transport, has expressed his intention to resign over the Jeju Air plane crash that claimed 179 lives, following public backlash concerning the ministry’s oversight of the concrete embankment that likely contributed to the deadly explosion. “As the minister of the primary department overseeing aviation safety, I feel the deepest sorrow and offer my sincerest apologies regarding the Jeju Air plane tragedy,” Park said during a press briefing at t
Jan. 7, 2025 -
HD Hyundai starts ship delivery for 2025
Korean shipbuilding giant HD Hyundai has started its first ship delivery this year, delivering a liquefied natural gas carrier to an Asia-based shipper on Monday. HD Hyundai said its smallest affiliate, HD Samho, delivered a 174,000-cubic-meter LPG carrier on the day, two and a half years after the order was placed in 2022. HD Hyundai’s two other affiliates — HD Hyundai Heavy Industries and HD Hyundai Mipo — will deliver a 16,000 twenty-foot equivalent unit container carrier and a 2,800 TEU cont
Jan. 6, 2025 -
Hyundai Motor chief underlines opportunity amid crisis
Korean auto giant logs record 1.7 million cars sold in US last year Hyundai Motor Group Executive Chair Chung Euisun emphasized the importance of overcoming inevitable challenges as the Korean auto conglomerate braces for a year of uncertainties amid geopolitical risks and intensifying global competition. “I don’t think we have to be intimidated by the challenges and uncertainties ahead of us,” Chung said in a New Year’s speech at Hyundai Motorstudio Goyang in Gyeonggi Province on Monday. “Witho
Jan. 6, 2025 -
Hankook & Co.'s chaebol ranking soars with W1.8tr acquisition of Hanon Systems
Hankook & Company, the holding firm of Korea’s leading tire manufacturer Hankook Tire & Technology, said Monday it has completed the acquisition of Seoul-based automotive solutions provider Hanon Systems, marking its entry into the nation’s top 30 conglomerates. With this acquisition, the company has expanded its global assets to approximately 27 trillion won ($18.4 billion), securing its position on the top 30 conglomerate list by asset valuation for the first time. According to data from the F
Jan. 6, 2025 -
EcoPro founder vows to boost joint venture with China amid EV slump
Lee Dong-chae, the founder and former chairman of EcoPro, has pledged to accelerate the company’s Indonesian cathode manufacturing joint venture with China’s GEM to address challenges arising from the ongoing electric vehicle slowdown. According to EcoPro on Sunday, Lee said in his recent New Year Address, “We could be in a life-or-death situation if we fail to find a path to overcome the current crisis. Without a complete transformation across all management sectors, the company might not survi
Jan. 5, 2025 -
S. Korean carmakers' sales of eco-friendly models hit fresh high in 2024
South Korean carmakers' domestic sales of eco-friendly cars hit a new record last year, driven by the popularity of hybrid models, data showed Sunday. The country's five carmakers recorded eco-friendly car sales of 450,194 units last year, up 11.3 percent on-year, according to separate data from Hyundai Motor, Kia, GM Korea, KG Mobility and Renault Korea Motors. Of the total, hybrid models accounted for 356,058 units, up 25 percent from a year earlier, taking up 88 percent of total eco-friendly
Jan. 5, 2025 -
Kia posts record sales for 2nd consecutive year
Hyundai’s domestic sales dip but US sales increase Kia has turned in another record-breaking year, setting a new sales record for the second year in a row on the back of stronger sales in overseas markets. The automaker, Hyundai Motor Group’s second largest auto brand behind Hyundai Motor Company, announced Friday that it sold 3,089,457 vehicles worldwide last year, up 0.1 percent from 2023. Kia sold 540,010 units in South Korea and 2,543,361 units in foreign countries, down 4.2 percent and up 1
Jan. 3, 2025 -
Hyundai Motor’s EVs qualify for US tax credits for 1st time
Despite uncertainties posed by incoming Trump administration, Korean automaker likely to maintain No. 2 EV seller status in America: expert Five of Hyundai Motor Group’s electric vehicles have qualified for US government subsidies for the first time, putting the Korean auto giant in a better position to compete in the American EV market. According to the US Department of Energy Friday, a total of five Hyundai Motor EVs -- the Hyundai Ioniq 5 and Ioniq 9, Kia EV6 and EV9, and Genesis’ Electrified
Jan. 3, 2025 -
Korea tightens EV subsidy rules for 2025
Maximum support amount for EVs to shrink, pushing manufacturers to reduce production costs The maximum subsidy available for electric passenger vehicles in Korea will be reduced to 5.8 million won ($3,950) this year, a more than 10 percent decrease from last year, according to the Ministry of Environment. In an updated subsidy plan unveiled by the ministry on Thursday, subsidies for buyers of midsized and large EVs will be cut from a maximum of 6.5 million won last year to 5.8 million won, while
Jan. 3, 2025 -
Hyundai Motor unveils 1st made-in-India EV Creta Electric
Korean automaker’s new battery electric compact SUV boasts driving distance of up to 473 km per charge Hyundai Motor India has unveiled the Creta Electric, the Korean automaker’s first made-in-India all-battery electric vehicle, accelerating India’s EV transition and bolstering its presence in the burgeoning auto market. According to Hyundai Motor India, the automaker revealed the new compact sport utility vehicle through a television commercial starting Thursday that showcases the EV’s bold ext
Jan. 3, 2025