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The country's second-largest steelmaker, Hyundai Steel, has succeeded in domestically producing an industrial neutron composition analyzer in collaboration with Hyundai Motor's in-house startup 3I Solution, the company said Thursday.
Korail has announced that Mr Han Moon Hee has been appointed as company’s new president and CEO, replacing Mr Hee Seung Na.
Hyundai Motor Company hosted its ‘2023 CEO Investor Day’ in Seoul this week, unveiling its visionary mid- to long-term business strategies and financial plans. With the aim of actively leveraging its knowledge and heritage of innovation from internal combustion engine (ICE) vehicles, the company is committed to a successful transition to the electrification era through […]
Hyundai Announces Ambitious Electric Car Plans
Hyundai Motor Group said Tuesday it aims to boost its annual sales of electric vehicles in global markets sixfold to 2 million units by 2030 under its revamped electrification strategy. Under its 10-year financial plan worth 109.4 trillion won ($85.1 billion), it plans to inject 35.8 trillion won into electrification. On average, 3.6 trillion won will be invested in EVs and batteries annually, which is higher than la...