Search result for Hyundai Motor
US patents are given to Hyundai's "walking vehicle."
Hyundai Motor Group has taken the next step toward making its futuristic four-legged cars a reality by getting licenses for walking cars in the US.
According to the US Patent and Trademark Office on Tuesday, two patent applications for walking cars were published under the names of both...
S. KOREAN STOCKS END UP OVER INVESTORS BUYING LOCAL STOCKS
Highlights –
- S. Korean stocks end up over investors buying local stocks.
- KOSPI stocks rose 8.58 points, or 0.27 percent.
- Samsung Electronics stocks added 0.49 percent to 828,000 won.
- Naver stocks fell 0.66 percent to 378,00...
HYUNDAI MOTOR’S NET PROFIT FOR Q1 ROSE TO $1.36 BILLION
Highlights –
- Hyundai Motor’s net profit for Q1 rose to $1.36 billion.
- The result is said to have exceeded the median forecast of 1.32 trillion won.
- Hyundai plans to focus on promoting the IONIQ 5 all-electric model.
- I...
S. KOREAN STOCKS FELL OVER INCREASED VALUE OF U.S CURRENCY
Highlights –
- S. Korean stocks fell over increased value of U.S currency.
- KOSPI fell 8.58 points, or at 0.28 percent.
- Samsung Electronics stocks lost 0.97 percent.
- Naver stocks gained 0.13 percent.
Due to i...
HYUNDAI TO ESTABLISH HIGH-SPEED CHARGING EV CHARGING STATIONS
Highlights –
- Hyundai to establish high-speed charging EV charging stations.
- The charging infrastructure will be under the name of “E-pit”.
- The charging stations will be able to charge 80% of their EV battery capacity in 18...
S. KOREA’S EXPORTS OF AUTOMOBILES INCREASE BY 35 PERCENT IN FEBRUARY
Highlights –
- S. Korea’s exports of automobiles increase by 35 percent in February.
- In February, outbound shipments of automobiles were 161,886 units.
- Hyundai saw overseas sales increase by 40.4 percent in terms of units. ...
HYUNDAI MOTOR’S IONIQ 5 PREORDERS EXCEED 23,000 UNITS
Highlights –
- Hyundai Motor’s IONIQ 5 preorders exceed 23,000 units.
- The company’s first model embedded with Hyundai Motor Group’s own EV-only E-GMP received 23,760 unit preorders.
- Hyundai revealed the IONIQ 5 midsize...
S. KOREAN COLLECTIVE CARMAKER’S SALES ON SUVs ROSE 4.8 PERCENT IN JANUARY 2021
Highlights –
- S. Korean collective carmaker’s sales on SUVs rose 4.8 percent in January 2021.
- The data is by Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Samsung Motors Corp., and SsangYong Motor Co.
- Domestic sales of the ...
HYUNDAI REPORTS 2020 Q4 NET PROFIT TO RISE BY 78% AMID THE PANDEMIC
Highlights –
- Hyundai reports 2020 Q4 net profit to rise 78% amid the pandemic.
- Net profit jumped to 1.37 trillion won from 772 billion won.
- The car company’s operating profit rose 41 percent to 1.64 trillion won in Q4.
HYUNDAI AND KIA EXPECT TO POST DOUBLE-DIGIT GROWTH IN Q4 OPERATING PROFIT
Highlights –
- Hyundai and Kia expect to post double-digit growth in Q4 operating profit.
- Hyundai is likely to post an operating profit of 1.71 trillion won in Q4.
- Kia is reportedly expected to post 4.4 percent to 16.82 trillion won.
HYUNDAI ANNOUNCES TO START PILOT PROJECT TO REUSE BATTERIES FOR ELECTRIC VEHICLE
Highlights –
- Hyundai announces to start pilot project to reuse batteries for electric vehicle.
- S. Korea has decided to give regulatory exemptions for business models on the reuse of EV batteries.
- Hyundai has also decided to provide a ...
KIA MOTOR UNION WORKERS AGREE TO ACCEPT NEW THE ANNUAL WAGE DEAL
Highlights –
- Kia Motor union workers agree to accept the new annual wage deal.
- The company has also agreed to restore the 25-minute extra work system.
- Around 58.6 percent of the union workers agreed to the management’s proposals...
KIA MOTOR UNION AGREE ON TENTATIVE WAGE DEAL DUE TO THE PANDEMIC
Highlights –
- Kia Motor union agree on a tentative wage deal due to the pandemic.
- The company had proposed the wage system, and its 30,000 labor union members accepted the proposal.
- The tentative deal will be put up for a vote next Tue...
HYUNDAI MOTORS JOINS LS ELECTRIC TO WREST INDUSTRY LEAD IN DEVELOPING FUEL CELL POWER GENERATORS
- Hyundai Motor Group has entered into a partnership with LS ELECTRIC to jointly develop a hydrogen fuel cell power generation system and wrest the initiative in the industry, the companies said Wednesday.
- The two companies signed a MoU on Tuesday. Under the agreement, Hyundai Mo...
HYUNDAI MOTOR CO. AND KIA MOTORS ASSUME FOURTH PLACE IN GLOBAL EV SALES
- Hyundai Motor Co. and KIA Motors Corp. have been placed fourth in global electric vehicles in the January-September period of 2020.
- Market Research Company SNE Research said on Nov. 23 that Hyundai and Kia sold an aggregate total of 130,000 electric vehicles, including pure ele...
KT LONGS FOR A SLICE OF REAL ESTATE BIZ WITH STAKE IN KUMHO RESORT
- KT, the country's leading Telecom Company, appears to be exploring the best possible alternative to lower its heavy reliance on the telecom business, as it goes about acquiring a stake in Kumho Resort.
- According to local banking industry sources, KT hired Ernst & Young ...
SK INNOVATION BATTERY OF HIGHEST QUALITY WITH IMPECCABLE SAFETY STANDARDS
- SK Innovation is concentrating on emphasizing safety of its electric vehicle (EV) batteries as global battery makers are coming to terms with safety issues after numerous EVs caught fire around the world.
- SK Innovation on Wednesday took part in the InterBattery 2020 exhibition ...
Kora's vehicle exports drop 1.95% in 2019
The world runs on business. There are different types and kinds of businesses that people pursue in different regions of the world according to their taste and choice. Imports and exports are one type of the many types of businesses that exist. If the luck factor works then this kind of business ...
Suspension of Car Production by Hyundai Motor at Turkey Plant
Hyundai Motor has announced a temporary suspension of car production in its Turkey-based plant which produces cars for the European car market. The suspension is expected to last for thirty days and was announced because the sales in the country were hugely falling to the same level as in China.<...
Non-traditional tech companies from South Korea to demonstrate CES mobile solutions
SEOUL, Jan. 3 (Yonhap) — They may not have eye-catching tech gadgets and high-end innovations, but a slew of big conglomerates in South Korea, such as Hyundai Motor Co. and SK Innovation Co., are ready to demonstrate their strategies mainly in the transportation field at the upcoming U.S. t...