Korean automaker strives to tap into futuristic mobility business
Hyundai Motor has funneled around $880 million to gobble up a controlling interest in Boston Dynamics, a mobile robot company, from Japan’s SoftBank Group.
Hyundai will own an 80 percent stake, and...
Korea's top builder adopts concrete floor-finishing robots
All the industries appear to rush toward artificial intelligence (AI)-powered technologies, and that is also the case for conventional businesses like construction, as amply demonstrated by Hyundai Engineering.
The Seoul-based builder recently disclosed its...
Unionists opt to lay down tools despite virus pandemic
Even the COVID-19 breakout fails to stop the notoriously militant unionists of Korean automakers, including Kia Motors and GM Korea, from going on a strike.
The labor union of Kia Motors, the...
Two powerhouses to cooperate for AI-powered driving
Hyundai Motor Group said on Nov. 10 that South Korea’s second-largest conglomerate would team up with NVIDIA in such areas as in-vehicle infotainment and AI-powered driving.
The two giants will work together across the...
Korean automaker strives to upgrade battery management system
South Korea’s Hyundai Motor said Monday that the Seoul-based automaker plans to recall more than 25,000 units of the fire-prone Kona Electric beginning this month.
The Kona Electric is the second best-selling electric car...
Mystery of Go Yoo-min's death
Late last month, former volleyball player Go Yoo-min was found dead in her house in Gwangju, some 30 kilometers southeast of Seoul. As police found no signs of foul plays and there was a suicide...
Father-to-son power transfer expected to speed up
Hyundai Motor said on February 19 that its board of directors decided not to reappoint Chairman Chung Mong-koo as an executive director of the country’s largest automaker.
The 81-year-old tycoon has chaired the Seoul-based...
NEXO fuel-cell SUV earns top safety pick award
The 2019 Hyundai NEXO hydrogen fuel cell electric SUV has garnered a top safety pick+ award from the Insurance Institute for Highway Safety for vehicles built after last month.
The NEXO, which is...
Automaker tries to preempt competition for hybrid vehicles
Hyundai Motor said July 19 that it has developed the world’s first Active Shift Control (ASC) transmission technology, which will improve hybrid vehicles.
The Seoul-based company said that the innovative technology optimizes transmission...
Two entities seek win-win relationship in an event in Croatia
Hyundai Motor lays its eyes on the potential of the new auto industry in Croatia together with its partner Rimac Automobili, which develops and manufactures key electrification systems for global...
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KFCC to beef up cooperation with European counterpart
Agendas include digital financial technology, eco-friendly biz
The Korean Federation of Community Credit Cooperatives (KFCC) seeks to beef up its partnership with its European counterpart...
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