Hyundai Motor

2024.12.27

08:50

Hyundai said to start trial production of all-solid-state batteries next year

South Korea's Hyundai Motor is about to begin production of all-solid-state batteries and plans to put them into the electric vehicle market, according to Electrek.

2024.12.26

14:24

Hyundai Motor reportedly in talks with Samsung on self-driving chip foundry

Hyundai Motor is reportedly in talks with Samsung Electronics to manufacture chips for self-driving cars.

2024.12.11

17:45

Beijing Auto: BAIC Capital and Hyundai Motor invested USD 1.095 billion in Beijing Hyundai

Beijing Auto announced that on December 11, 2024, BAIC Investment and Hyundai Motor entered into an agreement, and both parties agreed to jointly inject US$1.095 billion into Beijing Hyundai according to their respective equity ratios in Beijing Hyundai's registered capital, with each party injecting US$548 million. The injection will be carried out in installments. After the injection is completed, Beijing Hyundai's registered capital will increase to US$4.074 billion. Beijing Hyundai will still be owned by BAIC Investment and Hyundai Motor at 50% each, and will continue to be recorded as a joint venture of the company.

2024.12.05

13:25

South Korea's Hyundai Motor union to hold partial strike on December 5-6

2024.12.04

18:00

South Korea's Hyundai Motor union plans to strike

A Hyundai Motor Workers Union spokesman said on Wednesday that the union plans to hold four-hour strikes on Thursday and Friday. In addition, the Korean Metalworkers Federation, of which the Hyundai Motor Workers Union is a member, plans to go on a full-scale strike starting December 11 unless South Korean President Yoon Seok-yeol steps down, according to Yonhap News Agency.

2024.12.02

19:06

South Korea's top five automakers' sales in November increased by 0.5% year-on-year

Based on the sales performance released by South Korea's five major automakers on the 2nd, the total domestic and overseas sales of Korean-made cars in November (including CKD assembly) increased by 0.5% year-on-year to 716,960 vehicles, maintaining growth for two consecutive months. Specifically, the domestic sales of the five major automakers decreased by 6.4% year-on-year to 123,793 vehicles; overseas sales increased by 2% year-on-year to 593,167 vehicles. By automaker, Hyundai Motor sold 355,729 vehicles at home and abroad during the same period, a year-on-year decrease of 3.7%, becoming the only company among the five major automakers with a decrease in sales; Kia sold a total of 262,426 vehicles, a year-on-year increase of 0.8%.

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Weekly Highlights

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