Industry

  • Hyundai, Kia post all-time sales record in US
    Hyundai, Kia post all-time sales record in US SEOUL, March 4 (AJP) - Hyundai Motor and its affiliate Kia set an all-time sales record in the U.S. last month thanks to strong demand for midsize-to-large SUVs and hybrid models. Their combined sales stood at 137,412 vehicles in February - 71,407 units for Hyundai and 66,005 for Kia - up about 5.7 percent and 4.3 percent, respectively, from a year earlier. Hyundai posted its best-ever sales for the month, extending a streak of monthly records for the third straight month since l March 4, 2026
  • Boston Dynamics IPO emerges as pivotal card in Hyundai Motor governance overhaul
    Boston Dynamics IPO emerges as pivotal card in Hyundai Motor governance overhaul SEOUL, March 02 (AJP) -The long-running governance overhaul of South Korea's top automobile conglomerate Hyundai Motor Group could finally gain traction as a potential initial public offering of its robotics unit Boston Dynamics moves closer to reality. The automaker officially maintains that “no plans have been set,” but industry observers say preparations for a possible Nasdaq listing are increasingly visible behind the scenes. More importantly, the IPO is wi March 2, 2026
  • Hyundai Motor pledges $6.3 billion to build data center, robot factory in Saemangeum
    Hyundai Motor pledges $6.3 billion to build data center, robot factory in Saemangeum SEOUL, February 27 (AJP) - Hyundai Motor Group on Friday pledged around 9 trillion won ($6.28 billion) in the Saemangeum reclaimed coastal zone in North Jeolla Province, pledging to erect an AI data center, a robotics manufacturing cluster and hydrogen energy facilities on the country's western seaboard. The sprawling project under central and local government backing is set to break ground from 2027 across a 1.12 million-square-meter site in Gunsan, about 180 kilometers southwe February 27, 2026
  • LGs smart home robot Cloi, ultra-thin OLED TV take home iF Design awards
    LG's smart home robot 'Cloi', ultra-thin OLED TV take home iF Design awards SEOUL, February 25 (AJP) - South Korean tech giant LG Electronics announced it has won 26 awards at the iF Design Award 2026, taking home accolades across multiple categories including product design, user experience, and architecture. The company's key award-winning products include the "LG Cloi," a home robot designed to interact with users by responding to human facial expressions, voice commands, and gestures. LG also won an award for its "LG OLED evo W6," February 25, 2026
  • Chinas Unitree Robotics unveils new robot dog with enhanced speed and mobility
    China's Unitree Robotics unveils new robot dog with enhanced speed and mobility SEOUL, February 25 (AJP) - Chinese robotics firm Unitree Robotics has unveiled the As2, a new quadruped robot with upgrades in speed, endurance and terrain-handling capability, as the company expands its lineup of compact size industrial capability robots. The Hangzhou-based company announced the As2 on its website on Tuesday, offering the robot dog in three variants — Air, Pro and Edu. Weighing about 18 kilograms with its battery, the machine's standout feature is its February 25, 2026
  • Kias Georgia plant tops 5 Million vehicles in cumulative production
    Kia's Georgia plant tops 5 Million vehicles in cumulative production SEOUL, February 25 (AJP) - Kia's American unit in Georgia has reached a cumulative production of 5 million vehicles, the automaker said Tuesday. Production is expected to accelerate further as its West Point plant begins producing the new version of its Telluride SUV, adding the spacious hybrid model to the regular mass-production lineup, alongside assembly lines for midsize Sorento and compact Sportage SUVs. With the start of hybrid production, the plant with an annual cap February 25, 2026
  • Hyundai to invest over $90 bn through 2030 to build robotics ecosystem in Korea
    Hyundai to invest over $90 bn through 2030 to build robotics ecosystem in Korea SEOUL, February 22 (AJP) -Hyundai Motor Group said Sunday it will invest a record 125.2 trillion won ($93 billion) in South Korea from 2026 to 2030 under a more aggressive and detailed robotics and physical artificial intelligence roadmap unveiled last month after the high-profile debut of its industrial and humanoid robot lineup at a major global technology exhibition. The five-year domestic investment plan marks the largest in the group’s history and reflects Hyundai&rsquo February 22, 2026
  • Koreas auto exports jump 21.7% to $6.07b, second-highest on record for Jan
    Korea's auto exports jump 21.7% to $6.07b, second-highest on record for Jan SEOUL, February 19 (AJP) -South Korea’s auto exports opened the year on a strong footing, extending momentum from a record 2025, as a weak won and resilient demand from Europe and other markets for hybrid and secondhand vehicles helped offset lingering tariff pressures in the United States. Outbound shipments in January rose 21.7 percent from a year earlier to $6.07 billion, the second-highest export total ever recorded for the month, according to data released by the Minist February 19, 2026
  • Hyundai, Kia poised to surpass 1 million EVs in cumulative sales in Europe
    Hyundai, Kia poised to surpass 1 million EVs in cumulative sales in Europe SEOUL, February 15 (AJP) - Hyundai Motor and its affiliate Kia are on the verge of reaching 1 million cumulative electric vehicle sales in Europe by the first half of this year, the automotive giant said on Sunday. Their combined EV sales stood at 915,996 units as of the end of last year, since the launch of Kia's compact sport-utility vehicle Soul in 2014. With monthly sales surpassing 15,000 units, they are on track to surpass 1 million units in cumulative sales soon. February 15, 2026
  • Hyundais Palisade, Kias EV9 win Canadian vehicle of the year awards
    Hyundai's Palisade, Kia's EV9 win Canadian vehicle of the year awards SEOUL, February 13 (AJP) - Two South Korean vehicles have receive top awards at this year's Canadian International AutoShow in Toronto, which wraps up its weeklong run this weekend. According to Hyundai Motor Group, the Palisade was named the Canadian Utility Vehicle of the Year, while affiliate Kia's EV9 won the Canadian Electric Utility Vehicle of the Year award, presented by the Automobile Journalists Association of Canada (AJAC). "Our expert jurors scored the Pal February 13, 2026