Hyundai Motor

Hyundai motor hosts 2023 IDEA festival

Hyundai Motor Group held the main round of 2023 IDEA Festival at the Group’s Namyang Research & Development (R&D) Center, where employees proposed innovative concepts for future mobility solutions to benefit the disadvantaged. Now in its 14th year, the IDEA…

Hyundai Motor records 349,194 global sales in May

Hyundai Motor records 349,194 global sales in MayHyundai Motor Company has announced its May 2023 global sales of 349,194 units, an 7.8 percent increase year-over-year. In May, sales outside Korea increased by 7.7 percent to 280,514 units. The gradual recovery…

Hyundai Motor to invest $79.2b in Eight Years 

South Korea’s Hyundai Motor said on Wednesday it planned to invest about 95.5 trillion won ($79.21 billion) through 2030, including about 19.4 trillion won ($16.10 billion) towards electric vehicle (EV) related businesses. Hyundai Motor, which together with affiliate Kia Corp…