Automotive
-
Nexen Tire's venture capital invests in U.S. startup ANRA to secure mobility technology
SEOUL -- The Silicon Valley-based venture capital of Nexen Tire, a tire maker based in South Korea, made a strategic investment in ANRA Technologies, an American startup that provides end-to-end drone operations and traffic management solutions for unmanned aircraft operators and airspace managers. Financial and other terms were not disclosed. Nexen Tire said in a statement on December 20 that the investment signifies the full-blown beginning of its investment in new technology st
20 December 2021
-
Hyundai Glovis clinches $424 mln contract with unspecified foreign automaker to transport cars from China to Europe
SEOUL -- Hyundai Glovis, the logistics wing of South Korea's Hyundai auto group, has clinched a one-year contract worth 501.8 billion won ($424 million) with an unspecified foreign automaker to transport finished cars from China to Europe by sea from January 2022. Hyundai Glovis did not disclose the name of its contractor. It marked the largest ever deal with a single carmaker. "We will continue to expand our partnership with global brands based on our unrivaled competit
16 December 2021
-
Hyundai auto group reveals small mobility platform using robotics technologies
SEOUL -- South Korea's Hyundai auto group revealed a small mobility platform using robotics technologies that can move through complex urban environments by freely adjusting its wheelbase and steering angles. The platform's wheel adjustability, compact body size and low vibration capabilities will make it an optimal technology solution for delivery, guiding and filming equipment. The flat, rectangular body rides on four wheels, with an independent suspension that enables o
16 December 2021
-
Hyundai Mobis to unveil two concept cars at CES 2022
SEOUL -- At a trade show to be held in early January in Las Vegas, Hyundai Mobis will unveil two concept cars that incorporate future mobility technologies and feature a 360-degree rotation in place, crab driving, and parallel parking with four wheels bent at 90 degrees. They communicate with pedestrians and surroundings with communication lamps installed in the front of the grill. The car parts maker of Hyundai auto group will show two concept cars, M.Vision POP and M.Visi
8 December 2021
-
Hyundai auto group partners with content providers to introduce diversified OTT service
SEOUL -- South Korea's Hyundai auto group tied up with two domestic content providers to introduce a diversified over-the-top video service for connected cars as the introduction of future mobility and autonomous driving spurs consumer demands for diversified experience and infotainment services inside cars. Infotainment is a type of media, usually television or online, that provides a combination of information and entertainment. Connected cars can share internet access and
7 December 2021
