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Tag: Hyundai

  • Hyundai launch N Vision 74 Concept car

    Hyundai launch N Vision 74 Concept car

    Hyundai Motors launched the N Vision 74 hydrogen fuel cell hybrid concept car in the Automobility LA show.

    The car represents seven years of technological development and the N brand commitment to deliver an optimistic future for car enthusiasts, regardless of propulsion type.

    The company developed a unique hydrogen hybrid architecture, with the hybrid structure of a battery-electric in combination with an FCEV system, placed in an all-new layout unique to the N Vision 74.

    The fuel cell stack, with an output of 85 kW (Max 95 kW), is mounted in the front, and a 62.4kWh T-type battery is mounted in the bottom to lower overall height and center of gravity. The battery retains an 800V high-speed charging architecture.

    Independent, rear-mounted motors, one per wheel, generate a total power output of 500kW. This allows engineers to precision tune power distribution between left and right wheels.

    N Vision 74 features dual-charging capability, and the rear-mounted 9.3 lb. capacity hydrogen fuel tanks can be refueled within five minutes. The 85kW fuel cell converts hydrogen to electricity to charge the 62kWh battery.

    The battery also shares the 800V battery technology from Hyundai’s e-GMP platform with fast-charge capability.

    The key development objectives of the N Vision 74 is to deliver the highest driving emotion for the driver, even under severe track conditions. The N Vision 74 unique hydrogen hybrid architecture presents unique challenges for heat management.

    There are three independent cooling channels for battery, fuel cell, and motor enable optimized energy efficiency and resistance to performance degradation.

  • Hyundai unveiled all new design for seventh generation Grandeur

    Hyundai unveiled all new design for seventh generation Grandeur

    SEOUL: Hyundai Motor Company today unveiled the bold design of its seventh generation Grandeur.

    It is badged as Azera in markets outside Korea. The all new model comes after six years, the sixth generation of Grandeur was launched in 2016.

    Since its original debut as Hyundai’s high-end sedan in 1986, Grandeur has led the Korean sedan market, with design and innovations that stand for success and premium quality.

    The seventh-generation Grandeur has evolved into a model with a new level of refinement and sophistication, full of innovative design cues and high-tech details, which reflects the great transformation happening in the mobility sector without losing sight of the model’s tremendous heritage.

    READ MORE: Lexus launches new electric car UX 300e

    “The seventh-generation Grandeur expresses our respect for the past and commitment to move on to the future,” said SangYup Lee, Executive Vice President and Head of Hyundai Design Center. “We are creating a new standard for the premium sedan market through emotive design and a refined customer experience.”

    The All-New Grandeur’s exterior design takes inspiration from previous models and applies Hyundai Motor’s philosophy to reflect on its past while setting a course for the future. 

    One of the model’s most prominent aspects is its pure volume and excellent sense of proportions that balance premium and dynamic styling attributes. The All-New Grandeur is defined by a Seamless Horizon Lamp inspired by the first light of dawn, accentuating the model’s wide stance and harmonizing with its parametric jewel grill. The Seamless Horizon Lamp is a perfect fusion of technology and art and characterizes Grandeur’s future-focused design sensibility.

    The large sedan’s pure volume is accentuated by a single character line that runs smoothly and horizontally from the headlamps to the rear combination lamp over clean, uncluttered body sides with frameless doors and auto-flush handles that reflect the model’s contemporary style and refinement.

    Grandeur’s stretched wheelbase harmonizes with the boldly receding cowl point and C-pillar to provide an excellent sense of spaciousness as well as dynamic and sporty proportions.

    The ‘Seamless Horizon’ design is also applied to the signature combination lamp that spans the taut rear end, emphasizing the model’s slim yet confident stance. 

    For the All-New Grandeur, Hyundai Motor created a wrap-around interior space trimmed in premium and sustainable materials to provide a clean, comfortable respite for busy lives.

    The ambient mood lighting spreads softly across the door trim and the front of the dashboard, and interactive lighting on the upper right of the integrated display provides a new user experience.

    The pattern details on the door trim are designed with a delicate Korean aesthetic. Together, these elements provide passengers a calming space for relaxation and recovery.

    The steering wheel was also inspired by the single-spoke design of the first-generation Grandeur and reborn in its current form by integrating and rearranging controls to provide a more optimized layout for the driver. With the gear knob moved to the steering wheel, the console space provides neat and clean storage conveniences and wireless charging tailored for diverse customer lifestyles and connectivity needs.

    On the sleekly styled interior surfaces, designers applied real wood, aluminum and naturally dyed Napa leather quilted in a traditional Korean pattern to provide further differentiation and refinement.

    The sedan’s interior and exterior abound with sustainable materials. In addition to eco-process Napa leather, there is hygienic, anti-bacterial leather applied to various touchpoints.

  • Hyundai IONIQ 6 travels 614 km per charge

    Hyundai IONIQ 6 travels 614 km per charge

    SEOUL: Hyundai Motor Company declared that IONIQ 6 can travel 614 km (about 382 miles) in one time charge, according to the Worldwide Harmonized Light Vehicle Test Procedure (WLTP).

    The press release issued by Hyundai Motors stated that IONIQ 6’s superb all-electric range performance is made possible in large part by Hyundai Motor Group’s dedicated architecture for EVs, Electric Global Modular Platform (E-GMP), and the electrified streamliner’s ultra-low wind resistance.

    E-GMP delivers optimal electric performance and provides 800V ultra-fast charging from 10 to 80 percent in just 18 minutes and supports 400V charging without the need for additional components or adapters.  

    IONIQ 6 customers will benefit from Hyundai Motor Group’s commitment to develop advanced battery technology that enables stress-free driving performance and long range.

    With WLTP-rated energy consumption of 13.9 kWh/100 km, IONIQ 6 will be one of the most energy-efficient electric vehicles (EV) on the market when it goes on sale later this year in select markets in Europe and next year in North America. 

    “From the start of IONIQ 6’s development, we set our sights on making it the leading all-electric range EV,” said Jae Ho Huh, Head of Sub-Mid Project Management Center at Hyundai Motor Company.

    He also added that, “To become the global leader in electric vehicles, we are committed to providing the best possible EV performance and ownership experience.” 

    Having a platform specifically for EVs also means Hyundai Motor is better able to design vehicles to best meet passengers’ needs. With E-GMP, IONIQ 6 can be a workstation or a portable power bank on wheels, creating new usage scenarios to fit customers’ diverse, on-the-go lifestyles. 

    Hyundai Motor maximized IONIQ 6’s all-electric driving range through extensive aerodynamic design and engineering work. The vehicle’s drag coefficient of 0.21 is the lowest in the company’s vehicle lineup and one of the lowest in the industry.

    The model’s streamlined appearance and various design elements, such as an active air flap, wheel air curtains, integrated rear spoiler and wheel gap reducers, significantly enhanced IONIQ 6’s aerodynamics performance, placing it among the sleekest vehicles worldwide.

    In particular, wheel gap reducers minimize the empty space between the front bumper and tires to improve aerodynamic performance around the wheel wells.

    This Hyundai invention made it possible for the electrified streamliner to provide a longer wheelbase for passengers’ riding comfort while simultaneously overcoming the aerodynamics challenges caused by its short front overhang.

    “We put every effort into designing the most efficient car in the EV segment,” said Byung Hoon Min, Head of Total Vehicle Performance Development Center at Hyundai Motor Company.

     He also added that, “Our focus on improving aerodynamics helped to achieve one of the longest all-electric range vehicles available, which will reduce customers’ EV range anxiety and help grow the segment.”

  • Retro models of Hyundai to be seen in Netflix movie

    Retro models of Hyundai to be seen in Netflix movie

    SEOUL: A new movie ‘Seoul Vibe’ of Netflix is featuring retro models of Hyundai motors.

    Set during the 1988 Seoul Olympics, ‘Seoul Vibe’ features Hyundai’s first-generation Grandeur (Azera), Pony Pickup, Porter light truck, and old sedans, such as second-generation Sonata, Stellar, and Cortina, etc.

    READ MORE: Ford announces global debut of 7th generation Mustang

    Plus, an all-star Korean cast, including Ah-in Yoo, Kyung-pyo Go, Kyoo-hyung Lee, Ju-hyun Park, Seong-wu Ong and Jung-se Oh is leading the dynamic flow of the story. Hyundai Motor also provided a shooting location at Hyundai Wonhyoro Service Center. 

    This fast-paced movie is revved up with breath-taking driving scenes of Hyundai retro models, including a modified Pony Pickup with the engine from Grandeur (Azera), used by a crew of talented drivers as they join a slush fund investigation operation.

    A white-colored first-generation Grandeur is also featured in the movie, symbolizing its pioneering status as the Korea’s flagship premium model. These two retro models, which gained huge popularity back in the 1980s, combine the beauty of retro and new, and act as a bridge between generations. 

    READ MORE: Toyota launches new redesigned Sienta minivan

    In addition, Hyundai plans to unveil the silhouette of the all-new Grandeur (Azera) in photographs, through a cinematic digital advertisement in a spin-off version of ‘Seoul Vibe,’ utilizing the story and cast of the movie.

    The digital advertisement spotlights the ever-evolving innovation of Grandeur, from the past to the future, and provides hidden hints about the upcoming model that is expected to launch at the end of this year. The advertisement will be available through major digital channels such as YouTube and Instagram.

    “Through close collaboration with Netflix from the early stages of production, we endeavored to provide a unique atmosphere for our historic vehicles and locations with a newtro (new+retro) vibe that will appeal to every generation, including Millennial and Gen Z audiences,” said Thomas Schemera, Executive Vice President, Global Chief Marketing Officer and Head of Customer Experience Division at Hyundai Motor Company. 

    READ MORE: Porsche launches new Porsche 911 GT3 RS

    He further said “We will continue to explore exhilarating opportunities for our customers to experience and engage with our brand through various partnerships and innovative content.”  

    With the film’s release, Hyundai Motor is also launching diverse experiential marketing content on digital channels, targeting millennial and Gen Z consumers and spotlighting the hipness of the brand’s retro models featured in the movie.

    READ MORE: KIA Motors introduce new Executive variant of Carnival in Pakistan

    To this end, Hyundai Motor also recreated the garage shown in the film on ZEPETO, the global metaverse platform, to provide a virtual experience space where visitors can assemble and drive the vehicles featured in the movie through the driving zone themed ‘Seoul Vibe.’ Plus, users will be able to meet Yoon-hee (Ju-hyun Park), a character in the movie, as a NPC (non-player character), and join a vlog event, using the first-generation Grandeur. 

  • Hyundai IONIQ 5 wins Car and Driver’s year award

    Hyundai IONIQ 5 wins Car and Driver’s year award

    SEOUL: Hyundai IONIQ 5 is awarded Car and Driver’s EV (Electric Vehicle) of the Year Award on August 18, 2022.

    Hyundai IONIQ 5 is listed on Number 1 out of 20 top rated electric vehicle after a three week period rigorous test.

    READ MORE: KIA Motors maintains prices in Pakistan

     “The IONIQ 5 is an attractive proposition for buyers who desire the performance, range, and charging speeds of far more expensive EVs at an accessible price,” said Tony Quiroga, editor-in-chief, Car and Driver.

    The EV award uses the same criteria as Car and Driver’s 10Best Awards. The winner must exceed the expectations of the Car and Driver editorial and testing teams in four key areas:

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    · Value

    · Mission Fulfillment

    · Technology Advancement

    · Fun to Drive

    “IONIQ 5 successfully launched our new family of IONIQ electric vehicles and exclusive Electric-Global Modular Platform that allows for more interior space and greater performance,” said José Muñoz, president and CEO, Hyundai Motor North America. “IONIQ 5 continues to satisfy customers and we will build on this momentum with the launch of the IONIQ 6 and 7.

    READ MORE: Porsche launches new Porsche 911 GT3 RS

    “Accolades like the Car and Driver EV of the Year are particularly rewarding to the teams that designed and engineered IONIQ 5 to deliver standout charging speed, innovative features and driving dynamics.” he added.

    Other contenders include Audi e-tron GT, BMW i4, BMW iX, Chevrolet Bolt EV, Chevrolet Bolt EUV, Cadillac Lyriq, Ford Mustang Mach-e GT, Ford F150 Lightning, GMC Hummer EV Pickup, Lucid Air Grand Touring, Mercedes EQS, Porsche Taycan Cross Turismo, Rivian R1T, Tesla Model S Plaid and Volvo C40 Recharge. Car and Driver employed instrumented testing, subjective evaluation and side-by-side comparison in both practicality and entertainment value.

    READ MORE: KIA Motors introduce new Executive variant of Carnival in Pakistan

  • Hyundai Motor launches Dynamics Artificial Intelligence Institute

    Hyundai Motor launches Dynamics Artificial Intelligence Institute

    SEOUL/CAMBRIDGE: Hyundai Motor Group (the Group) on Friday August 12, 2022 announced the launch of Boston Dynamics AI Institute (the Institute), with the goal of making fundamental advances in artificial intelligence (AI), robotics and intelligent machines.

    The Group and Boston Dynamics will make an initial investment of more than $400 million in the new Institute, which will be led by Marc Raibert, founder of Boston Dynamics. 

    As a research-first organization, the Institute will work on solving the most important and difficult challenges facing the creation of advanced robots.

    Elite talent across AI, robotics, computing, machine learning and engineering will develop technology for robots and use it to advance their capabilities and usefulness.

    The Institute’s culture is designed to combine the best features of university research labs with those of corporate development labs while working in four core technical areas: cognitive AI, athletic AI, organic hardware design as well as ethics and policy.

    “Our mission is to create future generations of advanced robots and intelligent machines that are smarter, more agile, perceptive and safer than anything that exists today,” said Marc Raibert executive director of Boston Dynamics AI Institute.

    “The unique structure of the Institute — top talent focused on fundamental solutions with sustained funding and excellent technical support — will help us create robots that are easier to use, more productive, able to perform a wider variety of tasks, and that are safer working with people.”

    To achieve such advances, the Institute will invest resources across the technical areas of cognitive AI, athletic AI and organic hardware design, with each discipline contributing to progress in advanced machine capabilities. In addition to developing technology with its own staff, the Institute plans to partner with universities and corporate research labs.

    The Institute will be headquartered in the heart of the Kendall Square research community in Cambridge, Massachusetts. The Institute plans to hire AI and robotics researchers, software and hardware engineers, and technicians at all levels.                          

    In addition to the Institute, Hyundai Motor Group separately announced plans to establish a Global Software Center to lead development of its software capabilities and technologies and to enhance its capabilities to advance development of Software Defined Vehicles (SDVs).

    The Center will be established on the basis of 42dot, an autonomous driving software and mobility platform startup recently acquired by the Group.

  • Hyundai’s heavy duty trucks to be exported to Germany

    Hyundai’s heavy duty trucks to be exported to Germany

    SEOUL: Hyundai Motor Company announced on Tuesday to export XCIENT Fuel Cell heavy-duty trucks to Germany, the biggest commercial vehicle market in Europe.

    Seven companies of Germany in logistics, manufacturing and retail will put 27 XCIENT Fuel Cell trucks into fleet service with funding for eco-friendly commercial vehicles from Germany’s Federal Ministry for Digital and Transport (BMDV). 

    READ MORE: Hyundai Motors announced 4% growth in July global sales

    Mark Freymueller, Senior Vice President and Head of Commercial Vehicle Business Innovation of Hyundai Motor Company said:

    “We are glad to now also officially enter the German commercial vehicle market with our heavy-duty fuel cell electric truck, the XCIENT Fuel Cell. Hyundai Motor, which is recognized as the leader in hydrogen fuel cell technology, will leverage this opportunity to expand our business into the wider European market by successfully supporting Germany’s efforts to achieve its carbon neutral goals,”

    READ MORE: Hyundai, Kia sign pact to develop mobility to explore moon

    In August 2021, BMDV rolled out its funding guidelines for commercial vehicles with alternative drive systems upon approval by the European Commission. The funding is available for battery, fuel cell and (overhead line) hybrid electric vehicles, corresponding to refueling/charging infrastructure and related feasibility studies. BMDV will have a budget of 1.6 billion euros available until 2024 to purchase eco-friendly commercial vehicles. 

    The aforementioned seven German companies initially applied for the funding with Hyundai’s XCIENT Fuel Cells and successfully received approval from BMDV, again proving XCIENT Fuel Cell’s product competitiveness. 

    READ MORE: Hyundai announces second quarter financial results

    Hyundai Hydrogen Mobility, a joint venture between Hyundai Motor Company and Swiss company H2 Energy, has also established Hyundai Hydrogen Mobility Germany GmbH (HHMG) to actively expand its entry into the hydrogen-powered commercial vehicle market in Germany. In order to establish a hydrogen ecosystem in the country, HHMG will operate local market sales and customer service as well as upfitter management in the market. HHMG also plans to actively participate in the second funding program.

    XCIENT Fuel Cell Specifications

    The XCIENT Fuel Cell to be delivered is equipped with a 180-kW hydrogen fuel cell system with two 90-kW fuel cell stacks. The system’s durability and the vehicle’s overall fuel efficiency are tailored to the demands of commercial fleet customers. The 350-kW e-motor with maximum torque of 2,237 Nm enables dynamic driving performance.

    READ MORE: Chevrolet unveils all-electric 2024 Blazer EV

    XCIENT Fuel Cell’s seven large hydrogen tanks offer a combined storage capacity of around 31 kg of fuel, while a 72-kWh-powered set of three batteries provides an additional source of power. The maximum driving range is 400 km per charge. Refueling a full tank of hydrogen takes about 8 to 20 minutes, depending on the ambient temperature. 

    Launched in 2020 by Hyundai Motor, XCIENT Fuel Cell is the world’s first mass-produced hydrogen electric heavy-duty truck. The company has already deployed 47 units in Switzerland where they have accumulated more than four million kilometers in driving as of July 2022. The trucks are servicing 23 different customers in Switzerland.

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  • Hyundai Motors announced 4% growth in July global sales

    Hyundai Motors announced 4% growth in July global sales

    SEOUL: Hyundai Motor Company on Monday announced that its July 2022 global sales registered an increase of 4 per cent to 325,999 units.

    READ MORE: Hyundai, Kia sign pact to develop mobility to explore moon

    In markets outside of Korea, Hyundai Motor sold a total of 269,694 units, a 6.3 percent increase from a year earlier.

    Despite global component shortages and ongoing geopolitical issues, the sales in global markets have recovered steadily this year.

    READ MORE: Hyundai announces second quarter financial results

    Sales in Korea were down by 5.9 percent year-over-year to 56,305 units. However, the company maintained solid sales of SUV models and Genesis luxury brand vehicles, selling 15,371 units and 10,512 units, respectively.

    Amid fiercer competition in the global electric vehicle (EV) market, the company is solidifying its position as an EV leader. In July, Hyundai sold over 16,000 EVs on a retail sales basis, a 24 percent increase from a year earlier, with more than 8,000 units of IONIQ 5 leading the way.

    READ MORE: Chevrolet unveils all-electric 2024 Blazer EV

    In spite of unfavorable external conditions, including ongoing components shortages and cost fluctuations of raw materials, Hyundai will continue to alleviate business uncertainties by optimizing production and inventory status while diversifying business strategies tailored for each region.

    READ MORE: Pakistan reintroduces capital value tax on motor vehicles

  • Hyundai, Kia sign pact to develop mobility to explore moon

    Hyundai, Kia sign pact to develop mobility to explore moon

    SEOUL, Korea: Hyundai Motor and Kia Corporation on Wednesday signed agreements with six Korean research institutes to develop mobility solutions to explore the surface of the moon.

    Hyundai Motor and Kia, who have pioneered endless possibilities for mobility expansion through innovative technologies such as robotics and Advanced Air Mobility (AAM), are now expanding their vision beyond the bounds of Earth and into space.

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    The announcement follows Korea’s successful launch of a domestically produced rocket in June.

    Yong Wha Kim, Executive Vice President, and Head of R&D Planning & Coordination Center of Hyundai Motor and Kia said “We have taken the first step towards transforming our vision for robotics and the concept of Metamobility into reality.”

    “We will expand the scope of human movement experience beyond traditional means of transport and beyond the bounds of Earth to further contribute to the progress of humankind and help create a better future.” He added.\

    READ MORE: Honda Cars declares 29% fall in quarterly profit

    The signing ceremony held in Korea was attended by Chung Kook Park, President and Head of R&D Division of Hyundai Motor and Kia as well as top officials from the six research institutes: Korea Atomic Energy Research Institute (KAERI); Korea Aerospace Research Institute (KARI); Korea Astronomy and Space Science Institute (KASI); Korea Automotive Technology Institute (KATECH); Korea Institute of Civil Engineering and Building Technology (KICT); and Electronics and Telecommunications Research Institute (ETRI).

    With collaboration expected to start as early as August, the consultative body will define the concept of lunar exploration mobility and major core technologies while developing and reviewing specific strategies and implementation measures to operate on the moon. Hyundai Motor and Kia will support the consultative body with their smart mobility technologies.

    READ MORE: Honda to slash production on supply constraints

    Under the multilateral research agreement, the participants from the private and government sectors will integrate their knowledge and capabilities to significantly advance their existing technologies and engineer new solutions for moon exploration mobility. Expertise will be brought to bear across numerous areas, including exploration equipment, software for mobility operation and remote communication functionality.

    With no air, extreme temperatures and countless craters and coatings of lunar dust composedof sharp and abrasive particles, the moon’s surface is an exceptionally harsh environment. While it poses significant challenges to the development of surface exploration mobility, it also provides the ultimate proving ground and will deliver invaluable lessons for Hyundai and Kia to further accelerate the delivery of smart and sustainable mobility solutions on earth.

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    Hyundai and Kia have formed an internal consultative body with key personnel for the development and operation of lunar surface mobility. Resources will be brought to bear from Hyundai and Kia’s Robotics Lab in charge of robot development. Hyundai and Kia will also collaborate on software and hardware design and interpretation, space environment response technology, and special equipment for conducting lunar exploration missions.

    The multilateral agreement to develop mobility for exploring the moon’s surface represents a seminal moment in the history of Hyundai Motor and Kia that expands their vision for future mobility, including Robotics and AAM, to areas beyond the Earth. Hyundai and Kia also expect to secure proprietary technologies for future mobility businesses in the process of the new lunar exploration mobility robotics development. 

    In January, Hyundai Motor announced its robotics vision of ‘Metamobilty’ to help overcome the limitations of movement at CES 2022, which featured a video of Boston Dynamics’ robot, named ‘SPOT’, exploring outer space. 

    READ MORE: Hyundai announces second quarter financial results

  • Hyundai announces second quarter financial results

    Hyundai announces second quarter financial results

    SEOUL, South Korea: Hyundai Motor Company on Thursday announced its financial results for Q2 (second quarter) of 2022.

    The company’s revenue and operating profit from April to June rose 18.7 percent and 58 percent year-over-year to KRW 36 trillion and 2.98 trillion, respectively. 

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    During the three-month period, Hyundai Motor posted operating profit margin of 8.3 percent, and net profit, including non-controlling interest, increased 55.6 percent to KRW 3.08 trillion.

    Hyundai sold 976,350 units around the globe in the second quarter, a 5.3 percent decrease from the year earlier. Sales in markets outside of Korea were down by 4.4 percent to 794,052 units, and sales in Korea decreased 9.2 percent to 182,298 units. The decrease in sales volume mainly stemmed from the ongoing global chip and component shortage and geopolitical issues.

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    A robust sales mix of SUV and Genesis luxury models, reduced incentives from a lower level of inventory, and a favorable foreign exchange environment helped lift revenue in the second quarter, despite the slowdown in sales volume amid an adverse economic environment.

    Hyundai’s EV model sales surged 49 percent from a year earlier to 53,126 units in the second quarter, accounting for 5.4 percent of its total sales volume. 

    The company maintains its financial guidance that was set in January for 13~14 percent of consolidated revenue growth and 5.5~6.5 percent annual consolidated operating profit margin.

    Hyundai Motor’s board today approved a plan to pay an interim dividend of KRW 1,000 per common share.

    READ MORE: Chevrolet unveils all-electric 2024 Blazer EV

    Hyundai to optimize business operations with electrification leadership around the world

    Hyundai Motor expects a gradual recovery from the global chip and component shortage. However, the company also anticipates external uncertainties to continue, including the supply chain disruption caused by the resurgence of a COVID-19 variant and fluctuation in raw material costs due to geopolitical issues.

    In addition, the company expects currency rate volatility as well as increasing marketing costs due to fiercer competition among automakers as a burden for the rest of this year.

    In order to cope with the uncertainties, the company will focus on the recovery of sales through an optimized production-sales plan in global operations that will enhance its product mix with SUVs and luxury models to secure robust profitability.

    In addition, Hyundai will continue to strengthen its global leadership position in electric vehicles with its new IONIQ 6 battery electric vehicle, which will launch in the third quarter.