


IONIQ 5 & Kona EV Production Halt Amid Demand Slowdown in Korea
Hyundai Motor has announced a temporary suspension of its electric vehicle (EV) production, halting the assembly of the IONIQ 5 and Kona EV due to a slowdown in demand, according to a report from Chosun. The decision underscores the challenges facing the EV market and...
Hyundai WIA to Begin HEV Engine Production in Mexico
Hyundai WIA, a key subsidiary of Hyundai Motor Group, is set to launch production of hybrid electric vehicle (HEV) engines at its Monterrey, Nuevo León, Mexico plant starting early next year. This strategic initiative aligns with the surging demand for HEVs in North...
Hyundai Revives Domestic Sales with the All-New Palisade
Hyundai Motor Company has kickstarted a sales rebound in South Korea with the launch of the all-new Palisade in January. The company is now ramping up production and aims to sell over 4,000 units per month, raising industry expectations on whether this model can...
Hyundai Unveils Pricing for Flagship Electric SUV IONIQ 9, Pre-Orders Begin in Korea
Hyundai Motor Company has officially revealed the pricing for its all-electric large SUV, the IONIQ 9, and has started accepting pre-orders from February 3 in South Korea, with an starting price of equivalent $45,800 before EV subsidies. IONIQ 9: Hyundai’s Flagship EV...