Hyundai Mobis develops world’s first quantum dot car display

Hyundai Mobis, a South Korean auto parts maker affiliated with Hyundai Motor Group, unveiled on Thursday that it has developed the world's first quantum dot display for automobiles with local dimming technology, offering a lower-cost alternative to organic light-emitting diode displays commonly found in luxury vehicles. It marks Hyundai Mobis' entry into the high-end automotive display arena, positioning its quantum dot innovation as a challenger to pillar-to-pillar OLED display format

Dec. 2, 2023

[KH Explains] KG Mobility looks to turn to annual profit for 1st time in 7 years

KG Mobility is hoping to finish 2023 strong to end the year with a profit for the first time since 2016 on strong sales overseas and the automaker’s bestselling sport utility vehicle Torres. According to a regulatory filing, the Korean carmaker has logged accumulative revenue and operating profit of almost 3 trillion won ($2.32 billion) and 42.4 billion won, respectively, in the first three quarters of this year. The revenue from the period of January to September saw a 24.6 percent jump o

Nov. 30, 2023

Hyundai Motor says Expo bid bolstered global partnerships

Hyundai Motor Group, one of the most avid supporters of the ultimately unsuccessful Korean campaign to host the World Expo 2030 in Busan, reports having strengthened its worldwide business opportunities and global partnerships through the campaign-backing efforts across the globe. The Korean government came up short as the country lost to Riyadh, Saudi Arabia in the first round of voting by the members of the Bureau International des Expositions in Paris on Tuesday. Despite the loss, Hyundai Mot

Nov. 29, 2023

Hyundai’s ‘Uni Wheel’ system gives more room for different car designs

Hyundai Motor Group on Tuesday unveiled a more compact, integrated wheel system that frees up more room for futuristic car designs. Called “Uni Wheel,” short for Universal Wheel Drive System, the system integrates the constant velocity joints – a device that links the vehicle’s transmission to its wheels – and other parts such as the drive shaft and car decelerator into a wheel. The system, the first of its kind, also connects smaller motors to each wheel, instead o

Nov. 28, 2023

Volvo EX30 debuts in Korea

Volvo on Tuesday launched its latest all-electric sport utility vehicle, EX30, in South Korea, emphasizing the EV’s extraordinary safety technology and affordable prices to win the hearts of local customers. “EX30 is a premium all-electric vehicle that has everything required to move toward a safer future,” said Lee Yun-mo, CEO of Volvo Cars Korea. “(The EV) has everything that our customers expect from Volvo. Ranging from a new, pure electric powertrain that has achieved

Nov. 28, 2023

[Photo News] Faker for Mercedes

Mercedes-Benz Korea said Tuesday that the automaker held a fan meeting with Lee Sang-hyeok and Moon Hyun-jun -- two players of Korea's League of Legends team T1, better known as Faker and Oner, respectively -- at the Yongin AMG Speedway in Gyeonggi Province on Monday to celebrate T1's victory at the LoL World Championship Finals earlier this month. Mercedes-Benz is an official sponsor of T1. In this photo, Lee poses with the high-performance electric vehicle Mercedes-AMG EQE on the rac

Nov. 28, 2023

[KH explains] Hyundai to sell vehicles on Amazon in US sales push

Hyundai Motor Group’s cars will be sold online through Amazon for the first time in the US next year, offering an opportunity for the world’s third-largest carmaker to ramp up sales in the all-important market. During the Los Angeles Auto Show on Nov. 16, Hyundai and Amazon announced that customers can purchase Hyundai vehicles -- internal combustion engine cars, electric vehicles, leased and used cars -- available in their area on the tech giant’s website from a local dealer

Nov. 27, 2023

Hyundai Motor chief named automotive industry leader of 2023

Hyundai Motor Group Executive Chair Chung Euisun has been named the winner of the industry leader category in this year’s Automotive News All-Stars awards, the South Korean automaker said Monday. “This award is in recognition of the entire Hyundai Motor Group family and partners all around the world who have worked so hard and devoted themselves to making sure that we achieve our vision of smart, sustainable mobility and progress for humanity,” Chung said. “Hyundai Motor

Nov. 27, 2023

Trailblazer, Trax drive up GM Korea’s exports

GM Korea, the Korean arm of the US auto giant General Motors, logged robust export sales in October, taking up nearly 20 percent of the nation’s total automobile exports, industry estimates showed Monday. Out of the total 225,391 Korea-made vehicles exported in October, 42,623 units or 18.9 percent were accounted for by GM’s two popular SUV models -- the Chevrolet Trailblazer and the Trax Crossover -- according to the Korea Automobile Manufacturers Association. GM Korea's number

Nov. 27, 2023

Software update management system -- a key prerequisite for software-defined vehicle

Until five years ago, carmakers were hesitant to introduce cybersecurity measures in vehicles despite being aware of their necessity due to cost issues. However, when the European Union introduced cybersecurity regulations in 2022, it became virtually impossible to enter the European market without meeting the new standards. The change has made cybersecurity an essential element to ensure the survival of carmakers. The advancements in vehicle software, diversification of vehicles’ function

Nov. 27, 2023

[Hello Indonesia] Hyundai Motor vows to steer Indonesia's transition to EVs

Hyundai Motor is sticking to its mission to lead the growth of the electric vehicle sector in Indonesia, pledging to offer a wide range of EV options for customers and set up a complete ecosystem of EVs with charging infrastructure and battery reuse. “Hyundai Motor is a brand that is pioneering and leading the Indonesian EV market,” said Lee Young-tack, president of Hyundai Motor Asia-Pacific Headquarters, in a recent email interview with The Korea Herald. “We plan to establish

Nov. 26, 2023

Hydrogen supply shortage will ease next week: ministry

The Ministry of Trade, Industry and Energy said Sunday the recent supply disruptions of hydrogen for automobiles in the central region of South Korea will gradually ease next week. “(The government has made sure) the hydrogen suppliers have secured extra hydrogen, so we expect the supply glitch will slowly improve starting next week,” said Lee Ho-hyeon, head of energy policy at the industry ministry, in a statement. “Until the situation returns back to normal, we will carry out

Nov. 26, 2023

[Photo News] Last spurt for Busan Expo

Hyundai Motor Group’s flagship electric vehicles -- the Ioniq 6 and EV6 -- bearing the slogan “Busan is Ready,” are parked in front of Le Palais des Congres d'Issy in Paris, where voting to select the host country for the 2030 World Expo is to take place Tuesday. The automaker said the art cars promoted Busan’s bid to host the global event in Paris by driving around the voting site as well as major tourist attractions including the Arc de Triomphe and the Louvre sinc

Nov. 26, 2023

[KH Explains] Why Hyundai Motor is pursuing future mobility in Singapore

Hyundai Motor Group on Tuesday held a grand opening ceremony for the Hyundai Motor Group Innovation Center Singapore, a non-traditional vehicle manufacturing facility filled with cutting-edge technologies such as artificial intelligence, automation, data analysis and robotics. As for the question of why the South Korean automaker chose Singapore to build the unprecedented site, Hyundai Motor says the answer lies in the fact that it attracts the world's top talent as a global innovation hub.

Nov. 23, 2023

Tesla opens Superchargers to rivals in South Korea

Tesla has begun making its Superchargers in Korea accessible to all non-Tesla electric vehicles, tightening its grip on the mobility charging network on the home turf of Hyundai and Kia. Starting Wednesday, non-Tesla electric cars can use around 570 of the EV maker’s V3 chargers that can give 261 kilometers of range in approximately 15 minutes at 84 stations. That is around half of the 1,007 Superchargers at 148 stations in Korea. To use the chargers, drivers should download the Tesla app,

Nov. 23, 2023

[From the Scene] HD Hyundai to expand military vessel business

ULSAN -- The docks of HD Hyundai Heavy Industries at the shipbuilder’s Ulsan shipyard were filled with ships being built and bustling with workers on Monday morning. Covering 6.35 square kilometers, the Ulsan shipyard is known for having the most dry docks in the world. Building on top of its global in the merchant ship sector, the world's biggest shipbuilder is now looking to expand its naval and special vessel business with state-of-the-art military vessels. “HD Hyundai Heavy

Nov. 22, 2023

LG Energy Solution names new CEO to propel growth

LG Energy Solution, the nation’s top battery maker for electric vehicles, said Wednesday that its board of directors has appointed President Kim Dong-myung as its new CEO starting next year. Kim, replacing the firm’s iconic leader Kwon Young-soo, is a chemical specialist who has been leading the aggressive overseas expansion in the burgeoning EV market in recent years. The new CEO joined the company, then a business unit of LG Chem, in 1998 to work at a battery research center. The u

Nov. 22, 2023

Hyundai opens innovation center in Singapore

Hyundai Motor Group on Tuesday opened the Hyundai Motor Group Innovation Center Singapore, which aims to transform the traditional auto manufacturing process and move closer to future mobility through automating vehicle production. “Singapore and Hyundai Motor Group have common innovative DNA to move into a better future,” said Hyundai Motor Group Executive Chair Chung Euisun. “Based on this, Hyundai Motor Group is looking to achieve innovation through human-centered technology

Nov. 21, 2023

[From the Scene] Hyundai Motor looks into future of auto production in Singapore

SINGAPORE -- When asked to picture an auto-manufacturing plant, one would easily think of multiple assembly lines filled with engineers and vehicle parts being transported to their next destinations. Hyundai Motor Group Innovation Center Singapore, or HMGICS, is anything but that. Built to illustrate the future of vehicle production, the complex resembles more of a high-tech lab, filled with roaming autonomous robots, a massive smart farming system and a dizzying number of digital screens. Hyund

Nov. 21, 2023

Hyundai, Kia eye record vehicle sales in UK

Hyundai Motor Group is expected to post record sales in the UK, the second-largest automotive market in Europe, this year, according to industry estimates Monday. The carmaker sold 173,428 vehicles in the UK in the January-October period this year, up 8.7 percent from the same period last year, the Society of Motor Manufacturers & Traders said citing corporate filings. Its market share stood at 10.8 percent. If the current sales momentum continues, the carmaker said, its car sales are highly

Nov. 20, 2023