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Kia's PV5 sales surpass 50,000 units in 13 months
1+ day, 13+ hour ago (190+ words) SEOUL, Sept. 13 (Yonhap) -- Kia Corp. said Sunday that cumulative global sales of the PV5, its first dedicated purpose-built vehicle (PBV), have surpassed 50,000 units just 13 months after its launch. A total of 53,530 PV5 units had been sold worldwide as of the end of…...
(News Focus) Kia eyes bigger share of commercial vehicle market with PBVs
5+ day, 14+ hour ago (623+ words) HWASEONG, South Korea, Sept. 9 (Yonhap) -- Kia Corp. is seeking to tap deeper into the global commercial vehicle market by industrializing vehicle customization, betting that flexible manufacturing and integrated conversion can give it an edge in a market long dominated by…...
Hyundai Motor to introduce hydrogen fuel cell buses in Oman
1+ week, 3+ day ago (186+ words) SEOUL, Sept. 4 (Yonhap) -- Hyundai Motor Group said Friday it will introduce hydrogen fuel cell buses and build electric vehicle (EV) charging infrastructure in Oman in partnership with the Omani government and local companies. The automotive group signed memorandums of understanding…...
Hyundai Mobis begins EV power system production in Slovakia
1+ week, 4+ day ago (158+ words) SEOUL, Sept. 3 (Yonhap) -- Hyundai Mobis Co. said Thursday it has begun producing power electric (PE) systems at a new plant in Slovakia, strengthening its electric vehicle (EV) parts production network in Europe. The parts affiliate of Hyundai Motor Group held…...
Hyundai Motor to expand global production capacity, launch over 100 models by 2030
2+ week, 5+ day ago (439+ words) SEOUL, Aug. 26 (Yonhap) -- Hyundai Motor Co. said Wednesday it plans to expand its overall production capacity by 1.27 million units by 2030 while rolling out more than 100 new and updated models to strengthen its presence in the global market. Hyundai Motor CEO…...
SK Innovation to absorb battery materials unit
2+ week, 6+ day ago (117+ words) SEOUL, Aug. 25 (Yonhap) -- SK Innovation Co., South Korea's leading oil refiner, said... SEOUL, Aug. 25 (Yonhap) -- SK Innovation Co., South Korea's leading oil refiner, said Tuesday it will absorb a battery materials unit as part of its plan to restructure its…...
Genesis' cumulative U.S. sales surpass 450,000 units
3+ week, 3+ day ago (167+ words) SEOUL, Aug. 21 (Yonhap) -- Genesis, Hyundai Motor Group's independent luxury brand, said Friday its cumulative sales in the United States have surpassed 450,000 units, a decade after entering the world's largest auto market. Genesis said it had sold 454,049 vehicles in the U.S. as…...
Genesis debuts GV90 flagship electric SUV with 500-km range
3+ week, 4+ day ago (168+ words) SEOUL, Aug. 20 (Yonhap) -- Genesis, the independent luxury brand of Hyundai Motor Group, has unveiled the GV90, its flagship large electric sport utility vehicle (SUV), with a driving range of up to 500 kilometers on a single charge Genesis introduced the GV90 Neolun and…...
POSCO, Chinese firm to collaborate on battery materials business
3+ week, 5+ day ago (125+ words) Yonhap News Agency SEOUL, Aug. 19 (Yonhap) -- POSCO Group, South Korea's leading steelmaker, said Wednesday it will collaborate with Chinese cathode-materials producer Ningbo Ronbay New Energy on lithium supply and spent-battery recycling. POSCO inked the strategic framework agreement with Ronbay to…...
KG Mobility aims to sell 1,000 SUVs in Myanmar this year
3+ week, 6+ day ago (126+ words) SEOUL, Aug. 18 (Yonhap) -- KG Mobility Corp., a South Korean carmaker, said Tuesday it aims to sell 1,000 sport utility vehicles (SUVs) in Myanmar this year following the launch of its brand there. The company will export the all-electric Torres EVX and…...