Automotive

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  Hyundai Glovis sets up joint venture with Chinese logistics company SEOUL -- Hyundai Glovis, a logistics arm of South Korea's Hyundai auto group, established a joint venture with United Logistics, a logistics company based in China, in an effort to expand its logistics business in the world's largest auto market. Hyundai Glovis said Monday that its Beijing branch would own 51 percent of the joint venture, with the remainder controlled by the Chinese partner which has been engaged in transportation, storage and ex 2019-10-28
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  Hyundai Mobis makes $50 mln strategic investment in U.S. tech firm Velodyne Lidar SEOUL -- Hyundai Mobis, the parts-making unit of South Korea's Hyundai auto group, forged a strategic partnership with Velodyne, a Silicon Valley-based technology company, through an investment of $50 million to acquire technology for the mass-production of Lidar, a laser-based environment detecting system which is seen as a key element in autonomous driving. Lidar (light imaging, detection and ranging) is a surveying method that measures the distance 2019-10-23
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  Hyundai Motor head urges structural change to become key producer in personal air vehicles Hyundai auto group's virtual head Chung Eui-sun speaks at a town hall meeting at the group's head office in Seoul on October 22. SEOUL -- Chung Eui-sun, the virtual head of South Korea's Hyundai auto group, called for a drastic structural change to become a key player in the production of personal air vehicles or flying cars, saying many carmakers would disappear in the future auto industry. Personal air vehicles (PAVs) are emerging as a future syst 2019-10-22
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  Hyundai reveals teaser video for full-sized sedan 'The New Grandeur' SEOUL -- South Korean carmaker Hyundai Motor revealed a teaser video that showed glimpses of the revamped version of "Grandeur IG", a full-sized sedan released in 2016. The first version of Grandeur became the icon of successful businessmen when it hit the market in 1986. The sedan was popular for quality and its wide interior space. Its trunk, capable of carrying four golf bags, was a strong selling point. The teaser video released on Tue 2019-10-22
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  Hyundai Mobis, KT demonstrate connected car technologies based on 5G network SEOUL -- Hyundai Mobis, the parts-making wing of South Korea's Hyundai auto group, demonstrated connected car technologies, based on a 5G mobile communication network, through cooperation with KT, a Seoul-based telecom company. The demonstration at the test center of Hyundai Mobis in Seosan about 90 kilometers (56 miles) southwest of Seoul involved two self-driving test cars. The front car reflected information obtained through cameras and radars on the map in 2019-10-22
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  Hyundai releases teaser image of hydrogen electric truck concept ahead of vehicle show SEOUL -- South Korea's Hyundai auto group revealed the rendered image of its concept for a hydrogen-powered fuel cell electric truck, HDC-6 NEPTUNE, that will be shown at a commercial vehicle show in Atlanta. Hyundai Motor said in a statement that it would hold a press conference on October 29 at the Georgia World Congress Center to reveal its concept. The North American Commercial Vehicle Show showcases products like trucks, trailers and cargo handl 2019-10-22
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  Hyundai Motor develops 'industry-first' machine learning based smart cruise control technology SEOUL -- South Korea's Hyundai auto group announced the development of new smart cruise control technology, based on machine learning, that incorporates the driver’s patterns into self-driving behavior to create a custom experience. The technology will be used for Hyundai vehicles in the future. Hyundai said in a statement on Monday that its technology is "an industry first" and incorporates artificial intelligence (AI) within the adv 2019-10-21
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  Bodyfriend partners with Swedish carmaker Koenigsegg to launch supercar brand in S. Korea SEOUL -- Bodyfriend, a Seoul-based massage chair maker, has partnered with Swedish carmaker Koenigsegg to launch the supercar brand in South Korea. Koenigsegg Regera, a 655-horsepower supercar, takes only 31.49 seconds to accelerate to 400 kilometers (248 miles) per hour and decrease its speed to a complete stop. Bodyfriend said Friday that it would develop a premium supercar-themed massage chair that would resemble the luxuriousness and designs of bullet-fas 2019-10-18
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  President Moon presents new goal to become world's first in commercializing autonomous driving SEOUL -- President Moon Jae-in presented a new national goal to become the world's first in putting autonomous driving into commercial use on actual roads, saying South Korea should lead the era of the Fourth Industrial Revolution with future cars. The lofty goal was outlined during Moon's visit Tuesday to a research and development center run by South Korea's Hyundai auto group in Hwaseong, south of Seoul. "We will be the first and the best in the wor 2019-10-15
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  Hyundai auto group's advertising unit releases smart sunglasses for sale SEOUL -- Innocean Worldwide, a marketing communication unit of South Korea's Hyundai auto group, released smart sunglasses called "Glatus" which detects ultraviolet rays and prevents drowsy driving in real time to provide convenient and safe driving. Innocean said Tuesday that Glatus can alert drivers if they doze off or face danger on the road. The price is $295 for ordinary products and $355 for premium products. Glatus was introduced 2019-10-15
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  Hyundai auto group promises to provide new engine monitoring technology and lifetime guarantees SEOUL -- To enhance safe driving, South Korea's Hyundai auto group promised to expand the application of new engine monitoring technology and provide lifetime guarantees equally to domestic and American owners of vehicles installed with its Theta II GDI engines. The move came after the auto group reached a class action settlement with American customers of vehicles installed with Theta II GDI (gasoline direct injection) engines and filed for prelimin 2019-10-11
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  Tech startup secures initial research fund from Kia Motors and other companies SEOUL -- CODE42.ai, a new tech startup in South Korea, has secured an initial research fund of 30 billion won ($25 million) from Kia Motors and three other companies which will collaborate to build a future mobility service platform by utilizing each company's specialized core capabilities. The startup said Tuesday that Kia agreed to invest some 15 billion won with the remainder coming from the units of three groups -- SK, LG and CJ. They would use specia 2019-10-01
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  Hyundai appoints former NASA aeronautics researcher as head of 'flying car' division SEOUL -- As personal air vehicles and autonomous air taxis emerge as a promising future industry, South Korea's Hyundai auto group jumped into the race to develop "flying cars" by appointing a prominent NASA researcher as the head of its newly-established division for air mobility. Hyundai said in a statement that it has appointed Shin Jai-won, who has led NASA's Aeronautics Research Mission Directorate for 11 years, as executive vice president an 2019-09-30
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  Hyundai partners with Cummins to develop and commercialize fuel cell powertrains for commercial vehicles SEOUL -- South Korea's Hyundai auto group partnered with Cummins Inc., an American engine maker, to work together on developing and commercializing electric and fuel cell powertrains initially for the North American commercial vehicle market. They would explore ways to develop next-generation fuel cell systems. The two companies said in a joint statement that they have entered into a memorandum of understanding to jointly evaluate opportunities to de 2019-09-27
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  Electric car startup in China becomes first client for new S. Korean auto company in Gunsan SEOUL -- Future Mobility, a multinational electric car startup based in China, became the first client for Myoung Shin, a new South Korean carmaker which took over an idle plant shut down by U.S. carmaker General Motors as part of global restructuring. Myoung Shin signed an original equipment manufacturing (OEM) contract with Future Mobility Wednesday at its plant in the southeastern port city of Gunsan to deliver some 50,000 electric sport utility vehicles every y 2019-09-25
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  Hyundai auto group partners with Aptiv to form autonomous driving joint venture SEOUL -- South Korea's Hyundai auto group partnered with Aptiv, a technology company with advanced mobility solutions, to form a joint venture with the goal of testing fully driverless systems in 2020 and having a production-ready autonomous driving platform available two years later. The two companies said in a joint statement that the joint venture will advance the design, development and commercialization of level 4 and 5 autonomous technologi 2019-09-24
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  Hyundai releases turbocharged version of middle-sized sedan 'Sonata' SEOUL -- Hyundai Motor has released the sporty version of "Sonata", a best-selling model at home, which was equipped with a 1.6-liter turbo engine and modified exterior parts designed to house an aggressive look targeting consumers who wish to own a family sedan with good driving performance. Hyundai introduced the pet name of the turbocharged Sonata as "Sonata Sensuous" and said it would hit the market on Friday. The new turbo version 2019-09-20
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  Hyundai Mobis develops 'redundancy' brake system for autonomous driving SEOUL -- Hyundai Mobis, a parts-making unit of South Korea's Hyundai auto group, has developed a new concept braking system optimized for a high level of autonomous driving that require no input from drivers if there is no dangerous situation. Autonomous driving technology is developing at a rapid pace, but safety is the most pressing question. System redundancy or back-up systems would provide the most practical solution to ensuring reliability if fun 2019-09-19
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  ​LG to showcase new car infotainment system solution at Frankfurt motor show SEOUL -- LG Electronics will showcase a new car infotainment solution based on its own operating system called "webOS" at this year's Frankfurt Motor Show this week. The South Korean electronics maker said in a statement on Wednesday that it will showcase "webOS Auto", an in-vehicle infotainment (IVI) system solution for high-end vehicles at the annual motor show held in Frankfurt on September 12 (local time). The new IVI solu 2019-09-11
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  KT develops high-precision location information system for autonomous driving SEOUL -- KT, a top telecom company in South Korea, has developed a high-precision location information system called Vision GPS, based on LiDAR sensors, that could be used for autonomous driving in crowded urban areas. LiDAR is a remote sensing technology that measures the distance to a target by illuminating the target with laser light and measuring the reflected light with a sensor. KT said Tuesday that it has used LiDAR sensors to maintain the accuracy of location 2019-09-10