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Hyundai Motor, Kia and KAIST Form Joint Research Laboratory to Develop Next-Generation Autonomous Driving Sensors
Hyundai Motor Group-KAIST On-Chip LiDAR Joint Research Lab at the KAIST HQ in Daejeon to develop LiDAR sensors for advanced autonomous vehicles Lab aims to develop essential high-performance,...
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Hyundai Motor Group Recruits Startups for 2024 ZER01NE Accelerator First Half Open Call
Hyundai Motor Group invites startups to apply for the 2024 first-half innovation program to collaborate with Hyundai and Kia on future technologies Startups can apply to one of seven projects...
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Kia welcomes Fitch Ratings’ upgrade to A-
Kia Corporation today welcomed Fitch Ratings’ (Fitch) upgrade of the company’s Long-Term Issuer Default Ratings (IDRs) and senior unsecured ratings to A- with a stable outlook from a previous...
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High-Powered EV Charging Network, IONNA, Begins Operations in North America
Joint venture by seven major automakers receives approval from regulatory agencies IONNA plans to deploy a minimum of 30,000 chargers with the first charging stations expected to open in the U.S....
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Kia welcomes credit rating upgrade to A3 by Moody’s Investors Service
Kia Corporation today welcomed Moody’s Investors Service (Moody’s) upgrade of the company’s corporate rating to A3 with a stable outlook from a previous rating of Baa1 with a positive outlook....
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Kia America begins 2024 with strong January sales
Record January performance by Kia’s SUV and utility lineup Kia EV sales increased 57-percent year-over-year Four Kia models achieve best-ever January sales: Carnival, Sportage, Forte and EV6...
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Kia announces January 2024 global sales results
January 2024 global sales of 244,940 units, up 4.2% Y/y Outside of Korea, Kia sold 200,073 units, up 2% Y/y In Korea, Kia sold 44,608 units, up 15.3% Y/y Kia SUVs led the company’s sales,...
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Kia EV9 Secures Victory in SUV Category at the 2024 Women’s Worldwide Car of the Year Awards
Kia EV9 praised for exceptional aerodynamics, design, technology, and charging capabilities Category winners chosen by 75 female motoring journalists out of 62 competing models Overall winner of...
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Kia announces 2023 fourth quarter business results
Kia posts 2023 Q4 global sales of 733,155 units, a 0.4% increase Y/y … Q4 revenue increased 5% to KRW 24.33 trillion … Operating profit of KRW 2.47 trillion; operating profit...
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Hyundai Motor and Kia Unveil ‘Active Air Skirt’ Technology to Help Electric Vehicles Go Faster and Farther
AAS technology controls the turbulence generated during high-speed driving by operating variably depending on the vehicle’s speed Installed between the front bumper and the front wheels, AAS is...
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Kia takes twin awards for Platform Beyond Vehicle business exhibition at CES 2024
Kia concludes its most successful CES presence, following industry-disrupting Platform Beyond Vehicle (PBV) exhibition Kia PBV Concept wins Digital Trends Top Tech of CES 2024 award The Verge...
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Hyundai Motor and Kia Establish R&D Structure to Enhance Future Mobility Capabilities
Former EVP and Head of Total Vehicle Development Division Heui Won Yang is promoted to President, leading Hyundai Motor and Kia’s reorganized R&D Division Newly established AVP (Advanced Vehicle...