Overall, Hyundai Motor Group’s total global sales in 2022 will be 6,848,198 units, ranking third in the world after Toyota and Volkswagen.

In the global auto market, Hyundai Motor’s sales in markets outside Korea reached 3,255,695 units, a year-on-year increase of 2.9%. In December 2022, Hyundai Motor’s monthly sales in the global market will be 347,340 vehicles, of which sales outside South Korea will be 276,953 vehicles, and the Korean market will be 70,387 vehicles.

Hyundai’s pure electric vehicle IONIQ 5 selling well in the global market and IONIQ 6 successfully launched, the global sales of the two models will exceed 100,000 in 2022.

In 2023, Hyundai Motor has set a global sales target of 4,321,000 units including Genesis, of which the sales target for markets outside Korea is 3,540,000 units, and the domestic sales target for South Korea is 781,000 units. In addition, Hyundai Motor will launch a number of top models including the all-new KONA, Santa Fe (Santa Fe) and Hyundai Motor’s first high-performance electric vehicle, IONIQ (Aini Krypton) 5 N.

Kia, another brand under Hyundai Motor Group, will sell 2,362,551 vehicles in the market outside South Korea in 2022, an increase of 5.4% compared to 2021, and sales in the Korean home market will be 541,068 vehicles. In December 2022, Kia’s monthly sales in the global market will be 236,874 vehicles, an increase of 13.7% compared to 2021. In 2023, Kia has set a global sales target of 3,200,000 units, of which, the sales target for markets outside Korea is 2,614,880 units, and the domestic sales target for South Korea is 585,120 units.

In the field of hydrogen energy, Hyundai Motor’s hydrogen fuel cell vehicle NEXO has sold more than 30,000 vehicles worldwide, with a sales growth of 22% in one year and a market share of 59%.

In the domestic market, in 2022, the seventh-generation Elantra of Beijing Hyundai’s model and the fifth-generation Tucson L + new ix35 SUV will achieve annual sales of more than 100,000 units; 36,000.

The post Hyundai Motor Group to sell 6.848 million units worldwide by 2022 appeared first on TechGoing.

Hyundai Motor Group has established cooperation with the three major mobile operators LG Uplus, SK Telecom and KT.

In addition to Hyundai, LG Uplus will provide connected car services for all models of Kia Motors and Hyundai Motor Group’s luxury car brand Genesis.

The mobile operator has provided wireless communication lines for Hyundai Motor Group since 2003 and communication services for some of Kia’s models since 2019.

LG Uplus announced that to ensure stable communication 24 hours a day, 365 days a year, it has built a dual communication infrastructure exclusively for the Hyundai Motor Group. To this end, in order to start from 2023, drivers of all connected car service vehicles of the Hyundai Motor Group have access to a large amount of data, a dedicated communication infrastructure has been established, and technical preparations such as dedicated network resource allocation and streaming service traffic management have been completed.

The post LG Uplus Begins Car Connectivity Services for Hyundai Motor Group appeared first on TechGoing.

Hyundai plans to build a 300,000-vehicle-per-year electric vehicle and battery plant in January 2023 in Bryan County, west of Savannah, on a site of about 3.5 million square meters, to start production in the first half of 2025.

Photo credit: Hyundai

Georgia Economic Development Commissioner Pat Wilson said in a statement, “These projects not only solidify our position as a pioneer in the electric vehicle transition but also ensure that thousands of people across the state will benefit from future job opportunities.”

According to state projections, the new Hyundai Georgia plant will have a payroll of 6.1 trillion won over 10 years. Auto parts manufacturers in the region are expected to create thousands of new jobs.

In exchange for supporting the agreement, Hyundai said it will provide Georgia with a benefit share of about 467 billion won starting in 2023 for an unspecified period and frequency. In addition, the agreement requires the company to return a portion of the subsidy if the company’s investment or employment levels fall below 80 percent of its commitment.

The post Hyundai Georgia EV plant receives $1.8 billion in tax exemptions and subsidies appeared first on TechGoing.

Not to confuse with Rolls-Royce Motor Cars Ltd., Rolls Royce Holdings has been an established player in the aviation industry and serves customers that comprise more than 400 airlines and leases in over 150 nations.

Jaiwon Shin, the President of Hyundai Motor Group said, “We are pleased to partner with Rolls-Royce to draw upon their aviation and certification expertise”. He further added that this would help fasten the development of hydrogen fuel-cell propulsion systems. According to him, this is the key technology that would help achieve the global aviation industry’s mission to achieve zero-emission air travel by 2050.

Hyundai Motor Group has been bringing in sustainable solutions in its products including the use of EV technologies. If we look at all its doing across its Hyundai, Kia, Genesis, and IONIQ marques, the thrust has been at using electric power. As hydrogen is being used as the fuel source in the propulsion systems that it plans to develop with Rolls-Royce Holdings, it will offer the benefits of electric propulsion (suppressed sound and low emissions) as well as long range.

Together, Hyundai and Rolls-Royce Holdings join a large and growing band of eVTOL developers that aim to come up with scalable, zero-emission technologies in the aviation industry.

via

The post Hyundai Motor Group and Rolls-Royce Holdings join hands for a sustainable future for air mobility appeared first on TechGoing.