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Korean shipbuilding conglomerate, Bill Gates-founded nuclear energy firm to speed up large-scale commercialization of Natrium plants HD Hyundai and TerraPower have joined hands to bolster the global manufacturing supply chain for the latter’s Natrium reactors and accelerate the commercialization of advanced nuclear power technology, the two companies announced Wednesday. According to the announcement, the collaboration will combine HD Hyundai Heavy Industries’ manufacturing expertise with TerraP
South Korean automaker Kia told AFP on Tuesday it had not approved an advertising campaign that featured one of its electric vehicles with a bumper sticker denigrating rival Tesla owner Elon Musk. The advertisement, posted last month on the social media accounts of Kia Norway, features the company's entry-level electric car, the EV3, with a bumper sticker saying: "I bought this after Elon went crazy." The sticker appears to riff on a viral trend of Tesla owners, unhappy with the world's richest
Hyundai Motor Company is poised to set up its second hydrogen fuel cell production facility at its Ulsan plant, ramping up its growth momentum in the hydrogen-powered electric vehicle market. According to media reports on Tuesday, the automaker is in talks with the Ulsan plant labor union to build the hydrogen facility adjacent to the factory’s existing auto transmission manufacturing site. This new production base will be the company’s second, following the one in Guangzhou, China, and the firs
Automaker participates in Korea-Japan parliamentary meeting to discuss collaboration in clean energy sector Hyundai Motor is taking part in the Korea-Japan parliamentary association’s visit in Japan this week to establish a hydrogen network and activate hydrogen exchanges and collaboration, the Korean automaker said Monday. Hyundai Motor pointed out that it plans to set up hydrogen partnerships in Japan through this event as the two countries look to build an ecosystem for the hydrogen industry
Hyundai Motor Group maintained its position as the third-largest automaker in electric vehicle sales outside China in January, according to a report by SNE Research released Monday. The report stated that Hyundai Motor Group delivered 37,000 EVs — including all-electric and plug-in hybrid models — outside of China in January, holding onto the third-place ranking it achieved last year. In the global EV market share rankings, which exclude China, Hyundai Motor Group held an 8 percent market share,
Boston Dynamics’ latest Atlas humanoid robot is being trained in a lab ahead of its deployment at Hyundai Motor Group’s production plants later this year. The Korean auto giant said Sunday that its US-based robotics division plans to conduct a series of pilot tests to evaluate the robot’s capabilities in various tasks, including identifying and assembling different parts as well as detecting faults on assembly lines. (Photo provided b y Hyundai Motor Group) By Lim Jae-seong (forestjs@heraldcorp.
Korean defense conglomerate to complete full lineup of uncrewed ground vehicles by 2028 Hanwha Group, South Korea’s seventh largest conglomerate, has unveiled its roadmap to advance defense solutions based on artificial intelligence and autonomous technologies to lead the future battlefields. According to Hanwha on Sunday, the conglomerate’s three defense affiliates ― Hanwha Aerospace, Hanwha Ocean and Hanwha Systems ― presented the current status and future roadmap of their unmanned weapons sys
South Korea's second-largest carmaker Kia said the EV3, its small electrified SUV, has been crowned UK Car of the Year 2025. The UK Car of the Year Awards is an independent accolade judged by a panel of leading UK journalists from the automotive, business, and technology industries. Topping the small crossover category on Feb. 20, Kia’s EV3 secured its spot as the finalist by surpassing global competitors including Hyundai Motor Group, Suzuki and Skoda. This marks the second consecutive year tha
Chinese electric vehicle giant BYD’s launch in Korea has been at a standstill for a month, as its Atto 3 SUV has failed to meet one of the Environment Ministry’s criteria for EV subsidies. According to industry sources Thursday, BYD Korea is still waiting for the ministry to approve the subsidy after the company committed to adding the "State of Charge" feature to limit the maximum charge level to below 100 percent to prevent overcharging via a software update within this year. In 2025, the mini
Hyundai Motor is ramping up its autonomous driving capabilities in the United States, partnering with Texas-based startup Avride to co-develop and operate fully self-driving vehicles. According to Avride on Thursday, the two sides signed a memorandum of understanding to leverage Hyundai Motor’s electric vehicle platform technology with its flagship EV Ioniq 5 and Avride’s autonomous driving technology to advance future mobility such as robotaxis and autonomous delivery services. Avride has alrea
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