Hyundai Motor Group to open new battery development hub in S. Korea
Seoul, Nov 29 (IANS) Hyundai Motor Group has said it plans to create a large-scale battery research and development (R&D) centre in South Korea as part of its strategy to strengthen its electric vehicle (EV) competitiveness. The company held a topping-out ceremony for the Future Mobility Battery Campus in Anseong, some 70 kilometers south of […]
Hyundai Motor Group restricts use of DeepSeek among employees
Seoul, Feb 7 (IANS) Hyundai Motor Group has restricted its employees from accessing DeepSeek, a Chinese generative artificial intelligence (AI) service, amid concerns over potential data leaks, according to sources on Friday. Hyundai Motor and Kia issued an internal notice informing employees at their headquarters in Seoul that access to DeepSeek would be blocked due […]
Hyundai Motor Group pledges record $16.6 billion investment in South Korea
Seoul, Jan 9 (IANS) Hyundai Motor Group on Thursday pledged to invest a record 24.3 trillion won ($16.6 billion) in South Korea this year to bolster future competitiveness amid uncertain global business environments. The annual investment plan represents a more than 19 percent increase from last year’s domestic investment of 20.4 trillion won, according to […]
