Hyundai Mobis Shifts Focus: Boosting Profitability in Electric Vehicle Sector

Shift,Hydrogen Fuel Cell,Electric Vehicle,Mobility,Growth

In a strategic move to bolster its competitiveness, Hyundai Mobis has finalized the transfer of its hydrogen fuel cell business assets to Hyundai Motor Company. This transfer, valued at approximately 217.8 billion KRW, aims to consolidate hydrogen technology within Hyundai Motor while allowing Hyundai Mobis to concentrate on its burgeoning electric vehicle (EV) segment. Hyundai … 더 읽기

Boost Your Business with Hyundai’s New LPG Porter II Discounts for Small Business Owners

Hyundai,lpg Vehicles,Prospect,Opportunity,Commitment

Hyundai Motor Company has announced a groundbreaking collaboration with E1, a leading LPG supplier, and the Korea Federation of Small and Medium Businesses (KBIZ). This strategic partnership aims to support small business owners by offering significant discounts and benefits on the purchase of the Hyundai Porter II LPG model. This initiative is part of Hyundai’s … 더 읽기

South Korean Auto Industry: May Sales Report and Market Analysis

korean,Hyundai,kia,GM,Renault,KG mobility

In May, the five major South Korean automakers—Hyundai, Kia, GM Korea, KG Mobility, and Renault Korea—sold a combined total of 686,268 vehicles globally. This figure represents a modest 0.2% increase compared to the same month last year. However, the domestic market saw a significant decline, with sales dropping by 10.3% to 116,652 units. Conversely, exports … 더 읽기