Author: Hyundai Official News

@Hyundai: Kia EV6 receives straight A’s on Cars.com’s 2023 Car Seat Fit Report Card

2023 Kia EV6 was one of only seven vehicles to receive perfect scores from the Cars.com’s child passenger safety technicians   The 2023 Kia EV6 straight A’s on Cars.com’s 2023 Car Seat Fit Report Card, highlighting vehicles that received top scores from the outlet’s certified child passenger safety technicians. The EV6 is one of only… Continue reading @Hyundai: Kia EV6 receives straight A’s on Cars.com’s 2023 Car Seat Fit Report Card

@Hyundai: Hyundai Motor Group Takes a Stake in AI Semiconductor Firm Tenstorrent to Drive Future Mobility Development

Hyundai Motor Group makes strategic investment in Tenstorrent to integrate AI into future Hyundai, Kia and Genesis vehicles, and other future mobilities A combined $50 million from Hyundai Motor and Kia to accelerate Tenstorrent’s design and development of AI chiplets and its machine-learning software roadmap   The Group to leverage Tenstorrent’s high-performance semiconductor experience while… Continue reading @Hyundai: Hyundai Motor Group Takes a Stake in AI Semiconductor Firm Tenstorrent to Drive Future Mobility Development

@Hyundai: Kia announces July 2023 global sales results

July 2023 global sales at 260,472 units, up 0.3% Y/y Outside of Korea, Kia sold 212,508 units, up 2.1% Y/y In Korea, Kia sold 47,424 units, down 7.2% Y/y Kia SUV models led the company’s sales, with the Sportage SUV selling 42,382 units, followed by the Seltos and Sorento SUV Kia Corporation today announced total… Continue reading @Hyundai: Kia announces July 2023 global sales results

@Hyundai: Hyundai Motor and Kia to Introduce Blockchain-based Carbon Emission Monitoring System to Foster a Sustainable Value Chain

New Supplier CO2 Emission Monitoring System (SCEMS) to help establish a sustainable supply chain with cooperative business partners The system leverages high-performance blockchain technology to assure secure and accurate carbon emissions data collection Integration of artificial intelligence (AI) technology and blockchain technology to enable the accurate prediction of future emissions Hyundai Motor Company and Kia… Continue reading @Hyundai: Hyundai Motor and Kia to Introduce Blockchain-based Carbon Emission Monitoring System to Foster a Sustainable Value Chain

@Hyundai: Kia announces 2023 second quarter business results

2023 2Q global sales records 807,772 units, a 10.1% increase Y/y 2Q revenue increased 20% to KRW 26.24 trillion Operating profit increased 52.3% to KRW 3.4 trillion Operating profit margin of 13%, versus 10.2% for 2022 2Q Kia records best-ever results for quarterly revenue, operating profit, operating profit margin Increase in sales, average selling price… Continue reading @Hyundai: Kia announces 2023 second quarter business results

@Hyundai: Resolution of Interim Dividend

HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure Title   :            Resolution of Interim Dividend 1. Category : Interim Dividend 2. Type : Cash Settlement 3. Dividend per share(KRW):  – Common Share :1,500 – Preferred Share :  1,500 4. Dividend yield(%):  – Common Share : 0.7 – Preferred… Continue reading @Hyundai: Resolution of Interim Dividend

@Hyundai: Q2 2023 Business Results

HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure title   :  Q2 2023 Business Results (Tentative) * Below figures are tentative results and may differ from final confirmed numbers. 1. K-IFRS Consolidated Business Results  Unit : KRW million Q2 2023 Q1 2023 QoQ (%) Q2 2022 YoY (%) Sales Revenue Current Period 42,249,695… Continue reading @Hyundai: Q2 2023 Business Results

@Hyundai: Seven Automakers Unite to Create a Leading High-Powered Charging Network Across North America

Seven major global automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes- Benz Group, Stellantis NV – will create an unprecedented new charging network joint venture that will significantly expand access to high-powered charging in North America Targeting to install at least 30,000 high-powered charge points in urban and highway locations to ensure customers… Continue reading @Hyundai: Seven Automakers Unite to Create a Leading High-Powered Charging Network Across North America

@Hyundai: Hyundai Motor Group and Seoul National University Open Joint Battery Research Center to Secure Global EV Leadership

Hyundai Motor Group opens a Joint Battery Research Center at Seoul National University to secure and advance key battery technologies Successful collaboration towards carbon neutrality and a thriving battery research ecosystem Center constructed with a scale of 901m2 spanning three floors, comprising seven research labs for battery development and analysis Collaboration to undertake 22 joint… Continue reading @Hyundai: Hyundai Motor Group and Seoul National University Open Joint Battery Research Center to Secure Global EV Leadership