Korea Joongang Daily
Korea JoongAng Daily

Hyundai Motor chief attends Beijing auto show for first time in eight years, signaling market's importance

Hyundai Motor Executive Chair Euisun Chung attended Auto China 2026 in Beijing, industry sources said Wednesday, as the automaker steps up efforts to regain its foothold in the world's largest vehicle market.

2026-04-29

Hyundai Motor Group to launch pilot EV battery subscription program

Hyundai Motor Group is launching a pilot project that allows EV batteries to be used on a subscription basis, instead of being owned by the car buyer, in a move aimed at lowering the cost of switching to electric vehicles.

2026-04-29

Google DeepMind CEO meets top Korean industry leaders to deepen AI partnerships

Google DeepMind CEO Demis Hassabis held a series of back-to-back meetings with Korea's top business leaders on Tuesday amid the company's push to deepen partnerships in one of Asia's fastest-growing AI markets.

2026-04-28

Hyundai Motor's Q1 profit sinks while Tesla's rises amid tariffs, currency swings and global tensions

Hyundai Motor and Tesla reported sharply diverging first-quarter results as tariffs, currency swings and geopolitical tensions weighed unevenly on the two automakers, which are both doubling down on humanoid robots as a future growth engine.

2026-04-23

Hyundai, India's TVS Motor pen agreement to develop electric rickshaws

Hyundai Motor and India's TVS Motor have signed a joint development agreement to advance the development and commercialization of electric three-wheelers, known locally as rickshaws, the Korean automaker announced Tuesday.

2026-04-21

Hyundai rolls out new Ioniq 3 compact EV for Europe at Milan Design Week

Hyundai Motor unveiled its new electric vehicle, the Ioniq 3, on Monday at Milan Design Week 2026, marking the global debut of a compact model tailored for the European market.

2026-04-21

Hyundai bets on China for growth after Russia exit and U.S.-Europe EV slowdown

For Hyundai Motor, China has become a sales graveyard, as the company has held less than 1 percent market share over the past few years following its heyday in 2016. However, recently the Korean automaker has renewed its push in the market.

2026-04-20

Hyundai U.S. unit recalls nearly 300,000 vehicles on seat belt defect

Hyundai Motor’s U.S. unit is recalling 294,000 vehicles in the United States due to a defect in seat belt anchoring systems. The recall affects models including the Ioniq 6, Genesis G90, Santa Fe and Santa Fe Hybrid.

2026-04-11

Hyundai Motor launches Ioniq EV lineup in China, unveils two concept cars

Hyundai Motor launched its Ioniq EV lineup in China by unveiling two new concepts, the Venus and the Earth, on Friday as the automaker seeks to regain its footing in the world's largest auto seller.

2026-04-10

Hyundai lifts sales halt on new Palisade SUV after recall, software update

Hyundai Motor said on Tuesday it is lifting a halt on sales of recalled 2026 Palisade SUVs after finalizing a fix for a power seat issue that resulted in the death of a two-year-old girl in Ohio.

2026-04-09