Hyundai and Kia Earn 'A' Credit Ratings from Major AgenciesHyundai Motor and Kia recently earned A ratings from U.S. agencies Moody's Standard & Poor's (S&P) and U.K.'s Fitch.
Trump's Shocking Comments Leave Hyundai and Kia Scrambling Amid Success in the U.S.Trump suggested he might eliminate the $7,500 EV tax credit if re-elected, which would impact Hyundai and South Korea's battery industry.
Hyundai and Kia Theft Rates Plunge 64% After New Software RolloutThe rate of theft involving Hyundai and Kia vehicles in the U.S. has dropped by over 50%, thanks to proactive software upgrades.
Chinese EVs Capture 18% of Europe—Are American Automakers in Trouble?There is growing anticipation that the European Union (EU) will face difficulties approving proposed tariff increases.
Hyundai Under Fire: U.S. Dealers Sue Over Faking Sales Data for Electric CarsHyundai Motor has been sued in the United States for allegedly manipulating electric vehicle (EV) sales figures.
Kia Carnival Takes the Wheel in South Korean Politics: Here's WhyAccording to a local media report, The Kia Carnival is the first car choice among South Korean parliamentary members.
Hyundai's Hydrogen Rises: Nexo Leads the Charge with 40,000 Global Sales!Hyundai Motor’s cumulative global Fuel Cell Electric Vehicle (FCEV) sales have surpassed 40,000 units, combining personal and commercial vehicles. Hyundai’s efforts to expand its hydrogen car line are gradually bearing fruit. The company plans to accelerate sales of hydrogen cars by introducing a successor to the Nexo, a hydrogen passenger car, next year. According to […]
Tesla's Grip Slips: U.S. Market Share Plummets Below 50%As of April 2024, Tesla, the largest EV company in the US, held less than 50% of the new electric vehicle market share in the country.
Tesla's Dominance Challenged: U.S. Market Share Could Dip Below 50%According to data from MarkLines, Tesla's sales in the U.S. market from June to May this year amounted to 618,000 units.
Hyundai Revs Up U.S. Production with IONIQ 5 at New Georgia PlantHyundai Motor has decided to produce the Ioniq 5 as the first vehicle at its new plant in Georgia, USA, named HMGMA.
US Electric Vehicle Market Heats Up with Price Cuts: A Look at the CompetitionPrice cuts for BEVs continue in the US market. The average price of new BEVs in the first quarter of 2024 fell 9%.
Hyundai & Kia Models Sweep Best Cars for Teen for Safety and ReliabilityHyundai and Kia have set a record for the most wins at the 2024 Best Cars for Teen, conducted by U.S. News & World Report.
Hyundai and Kia Models Dominate U.S. Most Stolen Vehicles ListIn the U.S., many car theft crimes occur, mainly targeting large and expensive models such as the Cadillac Escalade, Ford F Series, and Chevrolet Silverado. In 2022, Hyundai’s Sonata and Elantra entered the top 10 for the first time, and this trend intensified last year. Hyundai Elantra Was the Most Stolen in the U.S. […]
Hyundai's Ioniq 5 eN1: The Electric Race Car of the FutureHyundai Motor Company is set to host the 2024 Hyundai N Festival on the 11th and 12th at the Everland Speedway in Yongin, Gyeonggi Province. The Hyundai N Festival will also feature the eN1 Class, Korea’s first electric vehicle racing competition. The class will showcase the Ioniq 5 eN1 Cup Car, the first electric race […]
Hyundai Dominates IIHS Safety Ratings with Most Top-Rated CarsHyundai Motor Group has produced the safest cars in the collision evaluation by the Insurance Institute for Highway Safety (IIHS) in the United States. Thanks to the addition of Hyundai’s popular midsize sports utility vehicle (SUV) model, Santa Fe, and midsize sedan model, Sonata, the list of officially recognized safe models has increased to 18. […]
Toyota's Hybrid Dominance Widens Gap with Hyundai in US SalesLast month, Japanese car brands, mainly Toyota, experienced strong sales in the U.S. market, while Korean brands like Hyundai and Kia struggled. Toyota’s more electrified products widened the gap with Hyundai as local consumer preference for hybrid cars surged. Toyota recorded double-digit growth for the sixth consecutive month, while Hyundai’s previously steep growth curve showed […]
Hyundai and Kia's EV Cars Make History in U.S. MarketFor the first time in history, Hyundai Motor has achieved record-breaking eco-friendly vehicle sales in the U.S., surpassing 10,000 units in monthly hybrid (HEV) sales. Kia also broke records by selling over 5,000 units of its electric vehicle (EV) models for the first time. According to the industry on the 2nd, Hyundai’s hybrid sales in […]
Hyundai's Big Bet: Chairman Chung Puts India in Focus for Future GrowthHyundai Motor Group Chairman Chung Eui Sun visited India, which has emerged as a global economic power, reviewed the local future growth strategy, and communicated directly with employees. Chung revisited India in August 2023 because India’s strategic importance is increasing. India, the world’s largest population, became the world’s 5th largest economy nation in 2023. It […]
Hyundai's Game-Changer: India as a Global Export HubChung Eui Sun, Chairman of Hyundai Motor Group, highlighted India’s strategic importance, stating, “We will continue to develop India as a global export hub as we expand our business into Asia, the Middle East, Africa, and other regions.” He also emphasized, “The Indian region has been pivotal in propelling the growth of Hyundai Motor Group, […]
Hyundai's Giant Step Towards Carbon NeutralityHyundai Motor Group Hyundai Motor Group has signed a contract to purchase 147 MW of solar power to operate its electric vehicle (EV) factory, currently under construction in Georgia, USA, using renewable energy. The automotive giant recently announced that it has signed a long-term power purchase agreement (PPA) for 15 years (2025-2040) with a new […]
Hyundai and Kia Earn 'A' Credit Ratings from Major Agencies Hyundai Motor and Kia recently earned A ratings from U.S. agencies Moody's Standard & Poor's (S&P) and U.K.'s Fitch.
Trump's Shocking Comments Leave Hyundai and Kia Scrambling Amid Success in the U.S. Trump suggested he might eliminate the $7,500 EV tax credit if re-elected, which would impact Hyundai and South Korea's battery industry.
Hyundai and Kia Theft Rates Plunge 64% After New Software Rollout The rate of theft involving Hyundai and Kia vehicles in the U.S. has dropped by over 50%, thanks to proactive software upgrades.
Chinese EVs Capture 18% of Europe—Are American Automakers in Trouble? There is growing anticipation that the European Union (EU) will face difficulties approving proposed tariff increases.
Hyundai Under Fire: U.S. Dealers Sue Over Faking Sales Data for Electric Cars Hyundai Motor has been sued in the United States for allegedly manipulating electric vehicle (EV) sales figures.
Kia Carnival Takes the Wheel in South Korean Politics: Here's Why According to a local media report, The Kia Carnival is the first car choice among South Korean parliamentary members.
Hyundai's Hydrogen Rises: Nexo Leads the Charge with 40,000 Global Sales! Hyundai Motor’s cumulative global Fuel Cell Electric Vehicle (FCEV) sales have surpassed 40,000 units, combining personal and commercial vehicles. Hyundai’s efforts to expand its hydrogen car line are gradually bearing fruit. The company plans to accelerate sales of hydrogen cars by introducing a successor to the Nexo, a hydrogen passenger car, next year. According to […]
Tesla's Grip Slips: U.S. Market Share Plummets Below 50% As of April 2024, Tesla, the largest EV company in the US, held less than 50% of the new electric vehicle market share in the country.
Tesla's Dominance Challenged: U.S. Market Share Could Dip Below 50% According to data from MarkLines, Tesla's sales in the U.S. market from June to May this year amounted to 618,000 units.
Hyundai Revs Up U.S. Production with IONIQ 5 at New Georgia Plant Hyundai Motor has decided to produce the Ioniq 5 as the first vehicle at its new plant in Georgia, USA, named HMGMA.
US Electric Vehicle Market Heats Up with Price Cuts: A Look at the Competition Price cuts for BEVs continue in the US market. The average price of new BEVs in the first quarter of 2024 fell 9%.
Hyundai & Kia Models Sweep Best Cars for Teen for Safety and Reliability Hyundai and Kia have set a record for the most wins at the 2024 Best Cars for Teen, conducted by U.S. News & World Report.
Hyundai and Kia Models Dominate U.S. Most Stolen Vehicles List In the U.S., many car theft crimes occur, mainly targeting large and expensive models such as the Cadillac Escalade, Ford F Series, and Chevrolet Silverado. In 2022, Hyundai’s Sonata and Elantra entered the top 10 for the first time, and this trend intensified last year. Hyundai Elantra Was the Most Stolen in the U.S. […]
Hyundai's Ioniq 5 eN1: The Electric Race Car of the Future Hyundai Motor Company is set to host the 2024 Hyundai N Festival on the 11th and 12th at the Everland Speedway in Yongin, Gyeonggi Province. The Hyundai N Festival will also feature the eN1 Class, Korea’s first electric vehicle racing competition. The class will showcase the Ioniq 5 eN1 Cup Car, the first electric race […]
Hyundai Dominates IIHS Safety Ratings with Most Top-Rated Cars Hyundai Motor Group has produced the safest cars in the collision evaluation by the Insurance Institute for Highway Safety (IIHS) in the United States. Thanks to the addition of Hyundai’s popular midsize sports utility vehicle (SUV) model, Santa Fe, and midsize sedan model, Sonata, the list of officially recognized safe models has increased to 18. […]
Toyota's Hybrid Dominance Widens Gap with Hyundai in US Sales Last month, Japanese car brands, mainly Toyota, experienced strong sales in the U.S. market, while Korean brands like Hyundai and Kia struggled. Toyota’s more electrified products widened the gap with Hyundai as local consumer preference for hybrid cars surged. Toyota recorded double-digit growth for the sixth consecutive month, while Hyundai’s previously steep growth curve showed […]
Hyundai and Kia's EV Cars Make History in U.S. Market For the first time in history, Hyundai Motor has achieved record-breaking eco-friendly vehicle sales in the U.S., surpassing 10,000 units in monthly hybrid (HEV) sales. Kia also broke records by selling over 5,000 units of its electric vehicle (EV) models for the first time. According to the industry on the 2nd, Hyundai’s hybrid sales in […]
Hyundai's Big Bet: Chairman Chung Puts India in Focus for Future Growth Hyundai Motor Group Chairman Chung Eui Sun visited India, which has emerged as a global economic power, reviewed the local future growth strategy, and communicated directly with employees. Chung revisited India in August 2023 because India’s strategic importance is increasing. India, the world’s largest population, became the world’s 5th largest economy nation in 2023. It […]
Hyundai's Game-Changer: India as a Global Export Hub Chung Eui Sun, Chairman of Hyundai Motor Group, highlighted India’s strategic importance, stating, “We will continue to develop India as a global export hub as we expand our business into Asia, the Middle East, Africa, and other regions.” He also emphasized, “The Indian region has been pivotal in propelling the growth of Hyundai Motor Group, […]
Hyundai's Giant Step Towards Carbon Neutrality Hyundai Motor Group Hyundai Motor Group has signed a contract to purchase 147 MW of solar power to operate its electric vehicle (EV) factory, currently under construction in Georgia, USA, using renewable energy. The automotive giant recently announced that it has signed a long-term power purchase agreement (PPA) for 15 years (2025-2040) with a new […]
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