World’s top 3 carmaker faces pressure to take bigger leap in futuristic mobility market

Hyundai Motor Group Executive Chair Chung Euisun (right) talks with a member of a foreign delegation at a banquet in Paris on Monday, the night before a symposium on Tuesday to promote Busan's bid to host the 2030 World Expo. Hyundai Motor provided 10 electric vehicles wrapped in designs promoting Busan's Expo bid for the Korean delegation, as it carries out various campaign activities such as hosting the symposium and a K-pop concert in the French capital this week. (Hyundai Motor Gro

Beloved luxury sedan makes global debut in Korea, one of the top markets

South Korean automakers Hyundai Motor and Kia on Thursday announced a shift to Tesla's charging system for their electric vehicles sold in North America, joining other automakers such as General Motors, Ford and Mercedes-Benz. The change will take effect in the US by the end of next year and extend to Canada by mid-2025. The transition from the Combined Charging System, the widely adopted charging standard that Hyundai-Kia currently employs for their North American EVs, to Tesla's Nort

Hyundai Motor Group will operate 10 electric vehicles wrapped in designs promoting Busan's bid to host the 2030 World Expo in Paris Oct. 9-15, the Korean automaker said Friday. The automaker will provide the Ioniq 5 and EV6 -- two award-winning EVs by Hyundai Motor Company and Kia, respectively -- to the Korean delegation, which will carry out various related activities such as a symposium and K-pop concert in the French capital next week. (Hyundai Motor Group)

German automaker to install additional 1,000 chargers to boost Korea's EV charging infrastructure

Korean battery maker to invest W4tr in US plant to expand, speed up EV production for world's largest carmaker

BMW’s new 5 Series premium sedan made its debut in Korea on Thursday. The eighth-generation full-change model was introduced after six years, boasting a range of sporty upgrades, a cutting-edge infotainment system and other convenient features. The new lineup includes the carmaker's very first battery-powered electric vehicle, the New i5. The high-end i5 M60 xDrive 361 has a driving range of 361 kilometers on a single charge. (BMW Korea)

Hyundai Motor Group's luxury brand, Genesis, is sponsoring the 28th Busan International Film Festival, which runs Oct. 4-13, the automaker said Thursday. Genesis is providing 110 vehicles for participating actors, directors and other film industry officials to use during the festival. It will also showcase its vehicles, including the GV80 Coupe, which was first unveiled last month, at the venue. The automaker has sponsored BIFF every year since 2017. (Hyundai Motor Group)

(From left) Richard Quinn, an English fashion designer and a brand collaborator for Pernod Ricardo Korea; Frantz Hotton, CEO of Pernod Ricardo Korea; Mathieu Deslandes, head of Royal Salute; and Miguel Pascual, chief financial officer of Pernod Ricardo, pose for a photo to celebrate the global debut of the second edition of Royal Salute 21 Year Old Richard Quinn in Seoul on Wednesday. The whisky’s world premiere comes against the backdrop of significant growth in high-end wines and whiskie

Carmaker seeks breakthrough with new large SUV in lackluster EV market

Honda Korea Co. is beefing up its product lineup to revive sales after they plunged nearly 70 percent in the January-August period from a year earlier due mainly to a lack of new models. Honda Korea Co. has recently launched two all-new models -- the 3.5-liter gasoline-powered Pilot and the 2.0-liter gasoline hybrid CR-V SUVs, while planning to add the Accord gasoline hybrid sedan to the lineup next month. The Japanese carmaker had sold only two models, the 3.5-liter gasoline-powered Odyssey min

An LG Magna e-Powertrain technician inspects boxes of power inverter modules, essential parts for electric vehicles, at an LG Electronics plant in Incheon, Wednesday. In order to meet surging demand, LG Electronics said its EV parts production lines will remain operational during the six-day Chuseok break. LG’s Vehicle Component Division is expected to hit 100 trillion won ($73.2 billion) in order backlog by the end of this year. (LG Electronics)

Since its market debut in 2020, the GV80 has sold more than 170,000 units globally

S. Korean automaker left with 2-year buyback option