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...

LG Energy Solution and Hyundai Motor Group Set Up a Joint Venture for NA Battery Cell.

Hyundai Motor Group said on May 26 that it had signed a deal with LG Energy Solution to set up a joint venture factory in the U.S. to make battery cells for electric vehicles (EVs) by 2025.

The joint venture factory will be built in Bryan County, Georgia, where the Hyundai Motor Group M...

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...

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 ...

HYUNDAI DEVELOPS A KOREAN-ENGLISH TRANSLATION APP FOR EMPLOYEES

Highlights –

• Hyundai develops a Korean-English translation app for employees.
• The name of the app is ‘H-Translator’ and is based on the ANN algorithm.
• The translation app will support timely communication and strengthen wo...

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 GROUP TO DELVE INTO GREEN HYDROGEN PRODUCTION AT SAEMANGEUM

• Hyundai Motor Group signed a MoU on Nov. 19 with the Saemangeum Development and Investment Agency and the seven companies including Hyundai Engineering, Hyundai Motor Securities and LG Electronics.
• The MoU is to conduct joint research for the purpose of green hydrogen value cha...

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 ...

HYUNDAI-APTIV DRIVERLESS CAR VENTURE- MOTIONAL- SAVED FOR 2022 RELEASE

• Hyundai Motors announced Wednesday that its driverless joint venture with Aptive has been christened Motional.
• The automaker had lately kicked-off a joint venture in March with Aptiv-a self-driving technology company-as it seeks to develop and commercialize its autonomous techn...

EV & BATTERY CHALLENGE LAUNCHED BY HYUNDAI GROUP AND LG CHEM

HIGHLIGHTS

• Hyundai Motor Group and LG Chem planned a joint venture to produce electric vehicle batteries.
• EV & Battery Challenge seeks startups whose technologies can add value to battery development as well as production.

The ch...

HYUNDAI MOTOR CO. MAY NOMINATE CHUNG EUI SUN AS BOARD OF CHAIR

Highlights –

• Hyundai Motor Co. may have a board meeting this week
• Agenda to retain seat of present Chairman
• Chung Mong Koo to be given industry’s top honor in 2020

According to a report in Maeil Business News ...

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...

A mobility venture, Mocean in Korea planned to be set up by Hyundai Motor Group

The transportation business company Mocean was jointly set up in Korea last month by South Korean automotive manufacturer Hyundai Motor Co. as well as its sister Kia Motors Corp., with an initial capital of 20 billion won ($16,7 million).

In sharing details on the investment ratio as we...

Amount of Kia’s U.S. Sales This Year

The best selling cars of the two largest automakers of South Korea, Hyundai Motor Co., and Kia Motors Corp. are SEOUL, (Korea Bizwire) — This year in the United States, SUVs have been shown to increase their SUV line-up on Sunday. SUVs are the best selling car in South Korea.

Two ...

Hyundai goes premium

Hyundai has been working on entering the premium luxury car sector which was left unchallenged by the carmaker for a long time but now the carmaker has announced a new brand called Genesis which will be the premium car making and designing counterpart of Hyundai which has been rumored to challeng...

Hyundai to make a huge investment

Hyundai Motor Group said on October 15 that it plans to invest 41 trillion won ($34.65 billion) in mobility technology and strategic investments by 2025, as South Korea's top automaker accelerates its attempts to catch up in the self-driving car race.

The plan, which Hyundai said en...