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Hyundai Motor and Kia have sold more than 15 million SUVs and other utility vehicles in the US since entering the market in 1994. Hyundai Motor Group said Monday that cumulative US sales of SUVs, minivan and other utility vehicles, a category commonly referred to as recreational vehicles in South Korea, reached 15.07 million units through August. Hyundai Motor, including its luxury brand Genesis, accounted for 7.06 million vehicles, while Kia sold 8.01 million. Sales have continued to grow this
Hyundai Motor Group is exploring plans to deploy Atlas humanoid robots at its Czech manufacturing plant, positioning Europe as the next strategic proving ground after the US for its robotics-powered smart manufacturing vision. Developed by its US subsidiary Boston Dynamics, the robot’s deployment in Hyundai’s own European lines offers a critical real-world testbed to validate operational reliability, safety and workplace integration. If successful, it could pave the way for broader commercial ro
Electric sedans have a packaging problem: Batteries need space, passengers want more of it and neither should come at the expense of the low, elegant profile that defines a sedan. Volvo believes its new ES90 has found a way around that compromise. The electric flagship pairs executive-sedan proportions with SUV-like space and ground clearance — a formula that has already drawn more than 3,500 preorders in South Korea since late June, according to Volvo Car Korea. The model enters a Korean EV mar
South Korean battery material makers are accelerating efforts to build traceable, non-Chinese supply chains as tighter US rules threaten federal clean energy incentives for products linked to China. LS-L&F Battery Solution, a joint venture between LS Group and L&F, has begun qualification tests to make precursor materials — blends of metals used in cathodes —using metal sulfates produced by LS Group affiliate LS MnM, according to reports Thursday. If testing is completed as planned, LLBS could b
A new US order targeting foreign-linked power-grid equipment appears, at first glance, to give South Korean battery makers an opening against their dominant Chinese rivals. But Ford’s use of technology licensed from China’s CATL shows why the competitive benefit may be smaller than expected. Ford argues that batteries produced at its wholly owned Michigan plant are American-made despite relying on CATL technology. That ownership structure could help the automaker navigate Washington’s latest res
Hyundai Motor Group’s autonomous driving subsidiary, 42dot, is accelerating its drive to narrow the technology gap with industry leaders Tesla and Waymo. While aiming to facilitate its market entry with Nvidia, the automaker is gearing up to deploy its own Atria AI-powered vehicle fleet in 2029. In a media briefing at 42dot headquarters in Pangyo, Gyeonggi Province, Park Min-woo — 42dot CEO and head of Hyundai’s advanced vehicle platform — emphasized that Hyundai’s global annual sales of 7 milli
Hyundai Motor Group has joined LG Energy Solution, Hyundai Engineering and Wonik PNE to test an energy storage system that repurposes retired electric vehicle batteries to power fast-charging stations. The five participating companies — Hyundai Motor, Kia, LG Energy Solution, Hyundai Engineering and Wonik PNE — launched the pilot Thursday at Wonik PNE’s facility in Hwaseong, Gyeonggi Province. Hyundai Motor Group described it as Korea’s first project directly linking used batteries from Hyundai
China’s rise as an electric vehicle powerhouse is forcing global automakers to rewrite their playbooks. With its speed, tightly integrated supply chains and advanced battery ecosystem, the country is no longer simply the world’s largest EV market — it is where the industry’s next competitive rules are being set. For Asia’s two leading automakers, Hyundai Motor Group and Toyota, staying competitive in next-generation mobility increasingly depends on how they use China. Yet the two are placing mar
Hyundai Mobis has begun mass-producing electric powertrain systems at a new plant in Slovakia, its first such facility in Europe, as it strengthens its foothold in the region’s electric vehicle market. The company invested about 250 billion won ($184 million) in the Novaky plant, which can produce 280,000 power electric, or PE, systems annually. A PE system combines an electric motor, inverter and reducer into a single powertrain unit. Hyundai Mobis held an opening ceremony Wednesday attended by
Porsche Korea CEO Mathias Busse will take charge of the German sports carmaker’s expanded Overseas region, covering key growth markets across Asia and the Middle East, while retaining his current role in Korea. Busse will become Porsche AG’s regional lead for Overseas on Oct. 1, Porsche Korea said Thursday. The appointment is part of a global sales overhaul that will reduce Porsche’s regional structure from five divisions to four. Germany will be folded into Europe, while North, Central and Sout
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