Korea said Thursday it plans to invest 42.4 billion won ($35.8 million) through 2023 to develop core technologies for hydrogen-powered trams.
The Embassy of Indonesia in Korea purchased a Hyundai Motor all-electric Ioniq 5 as part of its “green transformation” initiative.
Hyundai Motor Group and OCI Solar Power joined forces to test energy storage systems (ESS) in the United States utilizing used electric vehicle (EV) batteries.
More than 12,000 people signed up to purchase Hyundai Motor's new Casper mini SUV as preorders opened on Tuesday, potentially securing buyers for every unit the automaker plans to make this year.
Robotics company Boston Dynamics thinks Hyundai Motor’s global sales network will help the company sell more robots and hopefully become profitable in the future.
Hyundai Motor will suspend its Asan factory in South Chungcheong for two days starting Sept. 9 due to an auto chip shortage.
A group of big Korean business groups are banding together to promote the transition to hydrogen-based energy, pledging a combined 43 trillion won ($36.9 billion) of investment to make it happen.
All new commercial vehicles from Hyundai Motor and Kia such as buses and heavy duty trucks will be fuel cell and battery-driven electric vehicles (EVs) from now on, the company announced Tuesday.
Hyundai Motor Group postponed the foundation work for its 105-story new headquarters in Seoul to next July, possibly signaling changes to its plans.
Hyundai Motor announced its carbon neutrality goals during a press event held in Munich, Germany, ahead of the 2021 International Motor Show, which begins Tuesday.