Hyundai Motor Group

Hyundai Motor Group News

Hyundai Motor Group establishes US UAM subsidiary 'Supernal' in Washington
Business

Hyundai Motor Group establishes US UAM subsidiary 'Supernal' in Washington

The group set up the UAM business subsidiary in the US last year and has conducted R&D of electric vertical take-off and landing (eVTOL).

Hyundai Motor Group buys controlling stake in the robotech company Boston Dynamics
Business

Hyundai Motor Group buys controlling stake in the robotech company Boston Dynamics

The acquisition of Boston Dynamics by Hyundai Motor Group raises its valuation to $1.1 billion.

Hyundai, Kia invest $300 million in Ola to develop electric vehicles ecosystem, smart mobility solutions
Business

Hyundai, Kia invest $300 million in Ola to develop electric vehicles ecosystem, smart mobility solutions

The partnership will offer Ola drivers various financial services, including lease and instalment payments, while vehicle maintenance

Renegotiated US-South Korea trade deal may be signed at UN, says Donald Trump
World

Renegotiated US-South Korea trade deal may be signed at UN, says Donald Trump

South Korea’s trade ministry is preparing for the possible signing between President Moon Jae-in and US president Donald Trump during the UN meeting next week.

Hyundai Motor Group to cut domestic operating expenses
Business

Hyundai Motor Group to cut domestic operating expenses

Hyundai Motor shares are down about 20 percent in 2015, making them the worst performer among major global automakers.