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Hyundai Motor to convert Indonesian landfill waste into hydrogen
Hyundai Motor will initiate its first overseas project to produce hydrogen from waste in Indonesia as it aims to build a hydrogen ecosystem in the Southeast Asian nation in collaboration with local partners, the Korean auto conglomerate said Tuesday. Hyundai Motor unveiled its plan to utilize the biogas extracted from the Sarimukti landfill near Bandung in West Java to produce hydrogen and carry out what it calls the Waste-to-Hydrogen, or W2H, solution. The Sarimukti landfill processes about 80
April 15, 2025 -
Auto exports edge up in March despite falling demand for eco-friendly cars
South Korea's car exports inched up from a year earlier in March, driven by rising demand from Asian nations, data showed Tuesday. The value of outbound shipments of automobiles came to $6.24 billion last month, up 1.2 percent from a year earlier, according to data from the Ministry of Trade, Industry and Energy. It marked the second consecutive month of increase and the second-highest export value ever for any March, it added. In terms of volume, however, exports fell 2.4 percent on-year to 240
April 15, 2025 -
Hyundai Mobis develops fire-suppressing EV battery system
Hyundai Mobis, the auto parts manufacturing arm of Hyundai Motor Group, said Monday it developed advanced technology that effectively prevents electric vehicle battery fires, the first of its kind to be incorporated into mass-produced vehicles. Hyundai Mobis said the new battery system will significantly reduce the fear of EV fires. Although the specifics, including the timeline for implementing the technology in Hyundai Motor Company and Kia vehicles, remain undisclosed. The new fire-suppressin
April 14, 2025 -
Hyundai Motor, Kia post all-time high Q1 sales in India
Hyundai Motor Company and Kia achieved record-breaking quarterly sales in the January-March period in India, the world’s third-largest automotive market after China and the US. According to data from the Society of Indian Automobile Manufacturers, Hyundai Motor and Kia respectively sold 153,550 and 75,576 vehicles in the first three months of 2025, reaching a combined total of 229,126. This marks a 1.5 percent increase over last year’s 225,686 vehicles sold. Notably, Kia set an all-time high rec
April 13, 2025 -
Hankook Tire to supply EV tires for Hyundai Ioniq 9
Korean tire maker Hankook Tire & Technology announced Friday that it will supply its all-season electric vehicle tire, the iON evo AS SUV, for Hyundai Motor’s flagship electric SUV, the Ioniq 9. Developed through close collaboration with Hyundai, the iON evo AS SUV is engineered with Hankook Tire’s proprietary iON Innovative Technology that offers an optimal balance of low noise, high energy efficiency, strong grip and extended mileage. The tire features a specialized tread pattern that reduces
April 11, 2025 -
Hankook Tire to supply tires for Hyundai Motor's Ioniq 9 SUV
Hankook Tire & Technology Co. said Friday it will supply tires for Hyundai Motor's Ioniq 9 electric sport utility vehicle developed in collaboration with the automaker. The iON evo AS SUV tire is an all-season product developed in collaboration with Hyundai and is specifically engineered for electric vehicles. The product incorporates a new compound material that helps maintain driving performance across diverse conditions and prevents abnormal wear and tear. "This partnership strengthens our co
April 11, 2025 -
SKIET secures battery separator deal in North America
SK IE Technology Co., a lithium-ion battery separator producer under SK Innovation, said Thursday it has secured an agreement to supply battery separators sufficient to power 300,000 electric vehicles in North America. While the details, such as the size of the deal and the client’s name, remain undisclosed, SKIET noted that the supply is expected to be produced at either its Jeungpyeong facility in North Chungcheong Province or its plant in Dabrowa Gornicza, Poland. Separators are critical mate
April 10, 2025 -
[Photo News] Behind electric wheel
Seoul Mobility Show 2025 organizers said Thursday that Hyundai Motor and BYD's test-driving experiences have been bustling with visitors. Since Korea's biggest biannual auto exhibition began a week ago at Kintex in Goyang, Gyeonggi Province, the Korean and Chinese automakers have offered chances to get behind the wheel of the former's all-electric three-row sport utility vehicle, Ioniq 9, and the latter's electric compact SUV, Atto 3. Visitors can sign up for a 15-minute test drive of each model
April 10, 2025 -
Hyundai Motor's global strategy gains momentum under CEO Jose Munoz
100 days in, Korean auto giant's first foreign CEO off to strong start amid industry headwinds Hyundai Motor Company CEO Jose Munoz marks his 100th day as the Korean automaker's first foreign head Thursday, as he looks to continue leading the brand's growth and expansion worldwide, especially in one of the company's most important markets — the United States. As the only non-Korean CEO in the 58-year history of Hyundai Motor, Munoz, a Spanish native, has had his hands full. Earlier this month, t
April 9, 2025 -
Korea to roll out extra W3tr aid to shield auto industry from US tariffs
Korea has decided to provide additional policy bank bonds of 3 trillion won ($2.03 billion) to support the country’s automotive industry amid the US tariffs posing grave dangers, the government said Wednesday. According to the government’s announcement, extra financial support for Korean automakers will be added to the original support measure of 13 trillion won. The government said it would consider expanding the aid package depending on the bond usage rate and company demand. The government al
April 9, 2025 -
[Photo News] Mercedes-Benz charity run
Mercedes-Benz Korea CEO Mathias Vaitl, who also serves as chair of the company’s CSR Committee, cheers on marathon participants at the starting line of the 12th “Give N Race” held Sunday in Busan. This year’s event drew over 20,000 participants, raising approximately 1 billion won ($684,000) in donations — marking the second consecutive year the charity has reached this milestone. This year’s contributions will support child abuse prevention initiatives. (Mercedes-Benz Korea)
April 7, 2025 -
Hyundai Mobis opens automotive software R&D center in India
Hyundai Mobis, Hyundai Motor Group’s car parts subsidiary, said Monday it opened a large-scale R&D center for automotive software in India as a strategic expansion to the burgeoning mobility market. This facility, newly built in Hyderabad, Telangana, known as India’s Silicon Valley, integrates the company’s two existing research centers in the country, originally established in 2007 and 2020, to maximize synergies to venture into the automotive software industry. According to the company, the In
April 7, 2025 -
Innocean's Canvas Worldwide named media agency of the year in US
Innocean, a marketing agency affiliated with Hyundai Motor Group, announced Monday that its US subsidiary, Canvas Worldwide, has been named 2025 Media Agency of the Year by Campaign US, coinciding with the 10th anniversary of Canvas’ founding. Canvas was recognized for its data-driven strategy, innovative media solutions, and strong client evaluations, according to Innocean. In particular, the agency’s customized strategies have significantly contributed to the improved business performance of i
April 7, 2025 -
Hyundai says no price hike through early June in US
Korean automaker decides temporarily to freeze US retail prices despite potential impact of Trump’s tariffs Hyundai Motor has decided temporarily to freeze the prices of its vehicles sold in the United States amid the Trump administration's 25 percent tariffs on all imported automobiles to reinforce the company's "long-standing commitment to supporting American consumers and safeguarding affordability," it said in a press release Friday. According to Hyundai Motor America’s announcement on Frida
April 6, 2025 -
S. Korea set to inject W3tr in emergency aid for tariff-hit car industry
The South Korean government plans to inject 3 trillion won ($2 billion) in emergency aid into the local car industry to cushion the blow from new 25 percent US tariffs, officials said Sunday. The new tariffs, enacted last week by US President Donald Trump, are part of a broader protectionist push to reduce trade deficits and strengthen domestic manufacturing. South Korea is among the countries hit hardest, with its car exports to the United States accounting for nearly half of its total car sale
April 6, 2025