Latest news with #HyundaiMotorCompany
Korea Herald
17 hours ago
- Automotive
- Korea Herald
All-New Nexo: Hyundai's hydrogen SUV roars back with 720km range
Revamped Nexo reaffirms auto giant's long-term hydrogen vision with faster refueling, next-gen driving tech Hyundai Motor Company's Nexo SUV, the world's bestselling hydrogen fuel cell vehicle, has returned with the first full-change model since its launch in 2018, embodying its 27-year-long hydrogen mobility vision. With upgrades on its powertrain system and convenience features, the All-New Nexo presents next-generation clean mobility beyond electric vehicles. 'Last year, the (first-generation) Nexo accounted for 40,000 of 77,000 hydrogen fuel cell EVs sold in global markets,' said Kim Ho-joong, senior researcher of the MLV project 2 team at Hyundai Motor Group, during a press conference Thursday in Seoul. 'Thanks to the many customers' support for the Nexo, we have proven that hydrogen vehicles are not just a futuristic technology but a viable mobility solution, comparable with internal combustion engines and EVs.' Kim highlighted that through technological improvements to fuel cells, motors and inverters, the flagship hydrogen-powered vehicle has achieved a class-leading maximum range of up to 720 kilometers on a single full charge, which takes around 5 minutes. This charging time is significantly shorter than the minimum 15 minutes for battery EVs and its range compares favorably to many all-electric cars. Later in the day, The Korea Herald had the chance to ride in the All-New Nexo during a 116-kilometer media test drive covering Seoul and Incheon. When accelerating on highways, the hydrogen sport utility vehicle reacts instantly, much like an EV. Of the three driving modes — eco, normal, sport and snow – the sport mode delivers impressive torque response. According to Park Hoon-woo, a senior researcher of the fuel cell system design team at Hyundai Motor Group, this is largely attributed to the advanced vehicle power performance, with output improvements of 11 percent in the fuel cell and 100 percent in the high-voltage battery systems. Its power electric system integrates a reducer into the motor and the inverter system, increasing the motor output by 33 percent. At high speeds, the Nexo offers a quiet cabin experience, allowing drivers to enjoy music on the Bang & Olufsen system, a premium audio feature included for the first time in a Hyundai car. Unlike the previous model, which faced issues with airflow noise and high-frequency sounds due to the fuel cell stack, the new version redesigned the internal structure of the muffler and improved the cabin's sound absorption features. Adopting Hyundai Motor's e-handling system, like its full-electric lineup, it also demonstrates high levels of steering response and stability during cornering. One downside is that the charging cost of a hydrogen vehicle is not significantly lower than charging a battery EV. According to the Korea Petroleum Management Institute, the current average charging cost at hydrogen refueling stations in South Korea is approximately 10,227 won ($7.4) per kilogram. Sources indicate that given the high price of hydrogen, the Nexo's monthly hydrogen consumption and refueling costs, which are calculated based on its combined fuel efficiency and driving range, tend to exceed the average monthly charging costs of EVs. As for the exterior, the Nexo applied Hyundai Motor's 'Art of Steel' design for the first time, showcasing a distinctive and spacious SUV profile. The unique front and rear HTWO symbol lamps highlight the carmaker's hydrogen initiative. Inside, it features advanced vehicle-to-load and in-cabin charging capabilities as well as a soft, comfortable and open ambiance that caters to a range of customer lifestyles. Launched on June 10, the All-New Nexo is available in three options: Exclusive, Exclusive Special and Prestige. Prices start from 76.4 million won after applying eco-friendly tax credits in Korea.
Malaysia Sun
a day ago
- Automotive
- Malaysia Sun
S. Korea's Hyundai Motor establishes direct brand presence in Malaysia
Xinhua 19 Jun 2025, 18:45 GMT+10 KUALA LUMPUR, June 19 (Xinhua) -- South Korea's automotive manufacturer Hyundai Motor Company announced Thursday the official establishment of Hyundai Motor Malaysia, a newly formed local entity following the brand's direct entry into the market. Hyundai said in a statement that as part of its broader global strategy to strengthen ties in key growth markets, this transition reinforces Malaysia's strategic importance to the brand's future. This transition will also see Hyundai assuming full responsibility for brand, marketing, sales, and customer experience, with a dedicated local team empowered to make faster, market-relevant decisions and deliver a more connected, customer-first approach.
Cision Canada
2 days ago
- Automotive
- Cision Canada
Hyundai Motor Wins Grand Prix and Two Gold Lions at Cannes Lions with 'Night Fishing' and 'Tree Correspondents'
Hyundai Motor landed Grand Prix for its lauded short film, 'Night Fishing', highlighting the brand's innovation and creative excellence 'Night Fishing' marks Hyundai Motor's first Grand Prix at the Cannes Lions Festival Hyundai Motor also won two Gold Lions and one Silver Lion for its 'Tree Correspondents', an AI-driven CSR marketing campaign for the 'IONIQ Forest' global tree-planting initiative SEOUL, South Korea and CANNES, France, June 18, 2025 /CNW/ -- Hyundai Motor Company netted a Grand Prix, two Gold Lions, and a Silver Lion at the 2025 Cannes Lions International Festival of Creativity for its acclaimed short film project, 'Night Fishing,' and artificial intelligence (AI)-driven CSR marketing campaign, 'Tree Correspondents'. These prestigious accolades highlight the brand's innovation and creative excellence in brand storytelling. "Winning four awards, including the Grand Prix, at the prestigious Cannes Lions International Festival of Creativity is a testament to Hyundai Motor's consistent efforts to build an innovative brand identity through creative storytelling," said Sungwon Jee, Senior Vice President and Global Chief Marketing Officer at Hyundai Motor Company. "It also reflects the global resonance of our content marketing approach. We will continue to explore distinctive ways to engage with customers across the evolving media and market landscape." 'Night Fishing' wins Grand Prix in the Entertainment – Branded Content category 'Night Fishing,' a bite-sized thriller or 'snack movie', was awarded the Grand Prix in the Entertainment – Branded Content category. Its recognition marks a rare achievement for a Korean automotive brand, highlighting the campaign's creativity and engaging storytelling on the global stage. This represents Hyundai Motor's first-ever Grand Prix win at the Cannes Lions Festival. 'Night Fishing' is a collaborative film by Innocean, a global brand communications company, director Moon Byounggon and famous Korean actor Son Sukku. The film breaks away from traditional advertising by offering a cinematic narrative free of explicit promotional elements. Filmed entirely from the viewpoints of seven fixed cameras on a car, this project establishes Hyundai Motor as a pioneer in brand storytelling. "I'm delighted that 'Night Fishing', our collaborative campaign with Hyundai Motor's Brand Marketing Division, demonstrated the power of authentic content to build meaningful connections between the brand and its consumers," said Yongwoo Lee, CEO of Innocean. "It's even more rewarding to see that this resonated on a global stage and led to the honor of receiving the Grand Prix. We are deeply grateful for the enthusiastic support of audiences and cheer for this new format of film – 'snack movie'." "I'm truly honored and thrilled to receive the Grand Prix at the world's most prestigious advertising festival, the Cannes Lions International Festival of Creativity," said Director Moon. "I would like to thank Hyundai Motor, Innocean, and everyone who supported and believed in the unconventional yet innovative vision of 'Night Fishing'." 'Tree Correspondents' wins two Gold Lions and one Silver Lion Hyundai Motor also won two Gold Lions and one Silver Lion in the Digital Craft category for its 'Tree Correspondents', the company's first brand campaign on the 'IONIQ Forest', a decade-long CSR project dedicated to conserving biodiversity and acting against climate change. Set to launch in July, the campaign uses AI to analyze ecological data from global IONIQ Forests, providing insights into forest health and biodiversity through innovative storytelling. This year marks the 10 th anniversary of the 'IONIQ Forest' program, and in July, it will reach the milestone of planting a million trees across 13 regions worldwide.
India Today
12-06-2025
- Automotive
- India Today
Hyundai teases Ioniq 6 N: High-performance electric sedan to debut in July
Hyundai Motor Company has offered a glimpse of its next high-performance electric vehicle, the Ioniq 6 N, through a set of teaser images that highlight its styling and motorsport-inspired design. Building on the momentum of the acclaimed Ioniq 5 N, the Ioniq 6 N is set to make its global debut at the Goodwood Festival of Speed in July, promising to elevate Hyundai's performance EV game even further. advertisementA performance evolution of the electric Ioniq 6 sedan, the N-badged variant features a dramatically enhanced design language. The teaser visuals showcase flared fenders, lightweight performance wheels, a bold rear wing, and an integrated ducktail spoiler—all pointing to advanced aerodynamic development aimed at delivering high-speed stability and track-day has positioned the Ioniq 6 N around three core N-brand performance pillars:Corner Rascal – agile and sharp handlingRacetrack Capability – built to withstand demanding track conditionsEveryday Sports Car – versatile enough for daily drivingWhile Hyundai has yet to confirm detailed specifications, expectations are high that the Ioniq 6 N will inherit the dual-motor, all-wheel-drive powertrain from the Ioniq 5 N. Design cues also suggest continuity with Hyundai's futuristic aesthetic—pixel-themed lighting, sculpted body panels, and bespoke N touches like extended wheel arches and performance rubber. Notably, a teaser image showcasing tyre smoke hints at the vehicle's playful, drift-capable nature—already a hallmark of the Ioniq 5 N. advertisement Joon Park, Vice President and Head of N Management Group, said, "Ioniq 6 N will once again disrupt the high-performance EV segment to deliver exciting driving experiences to our fans. We chose to debut it at Goodwood to be as close to our fans as possible."With a target price expected to be under $70,000 (approx. Rs 59.90 lakh), the Ioqniq 6 N could present a strong value proposition in a segment dominated by the likes of the BMW i4 M50 and the Tesla Model 3 Performance. More details will be revealed at its official debut at the Goodwood Festival of Speed in July to Auto Today Magazine
The Hindu
05-06-2025
- Automotive
- The Hindu
Hyundai Motor exits Ola Electric; sells 2.47% stake for ₹552 crore
South Korean automaker Hyundai Motor Company on Tuesday (June 3, 2025) exited Ola Electric Mobility by selling its entire 2.47% stake in the company for ₹552 crore through an open market transaction. According to the bulk deal data available on the National Stock Exchange (NSE), Hyundai Motor Company sold more than 10.88 crore shares or 2.47% stake in Bengaluru-based Ola Electric Mobility. The shares were disposed of at an average price of ₹50.70 apiece, taking the transaction value to ₹551.96 crore. In a separate transaction, Kia Corporation, a part of global Hyundai-Kia Automotive Group, also offloaded over 2.71 crore shares, representing a 0.62% stake in Ola Electric Mobility. The shares were sold by Kia Corporation at an average price of ₹50.55 per piece, taking the deal value to ₹137.35 crore. Meanwhile, Citigroup Global Markets Mauritius purchased over 8.61 crore shares, amounting to a 1.95% stake in Ola Electric Mobility for ₹435 crore. The shares were acquired at an average price of ₹50.55 apiece. This took the deal value to ₹435.47 crore. Details of the other buyers of Ola Electric Mobility's shares could not be ascertained on the NSE. The scrip of Ola Electric Mobility declined 7.58% to close at ₹49.61 apiece on the NSE. Last week, Ola Electric reported a consolidated net loss of ₹870 crore for the fourth quarter ended March 31, 2025, while noting that it is targeting profitability in the current fiscal. The company had reported a net loss of ₹416 crore in the January-March quarter of the 2023-24 fiscal. The revenue from operations declined to ₹611 crore compared to ₹1,598 crore in the year-ago period, the company said. For FY25, the company reported a net loss of ₹2,276 crore against ₹1,584 crore in the 2023-24 fiscal. Its revenue from operations declined to ₹4,514 crore against ₹5,010 crore in FY24, it added.
