Hyundai Motor Company

Hyundai Motor Group Earns Most Combined IIHS TOP SAFETY PICK+ and TOP SAFETY PICK Awards

Retrieved on: 
Wednesday, February 28, 2024

With 10 TSP and six TSP+ awards, the Group, including Hyundai Motor, Kia and Genesis brands, leads the industry with the most combined TSP/TSP+ accolades

Key Points: 
  • With 10 TSP and six TSP+ awards, the Group, including Hyundai Motor, Kia and Genesis brands, leads the industry with the most combined TSP/TSP+ accolades
    Hyundai Motor and Genesis tied for second place overall, with Hyundai Motor securing seven awards (two TSP+ and five TSP), Genesis earning seven awards (three TSP+ and four TSP) and Kia earning two awards (one TSP+ and one TSP)
    SEOUL, South Korea, Feb. 27, 2024 /PRNewswire/ -- Hyundai Motor Group (the Group) is announcing that the Insurance Institute of Highway Safety (IIHS) has honored a total of 16 models from Hyundai Motor Company, Kia Corporation, and Genesis, with the prestigious IIHS 2024 TOP SAFETY PICK (TSP) and TSP+ awards — more than any other automaker in the annual assessment.
  • "Hyundai Motor Group is proud to have earned the industry leadership position in the recent IIHS 2024 TSP/TSP+ award results," said Brian Latouf, President and Global Chief Safety and Quality Officer at Hyundai Motor Group.
  • Among the Group's brands, Hyundai Motor and Genesis tied for second place overall, with Hyundai Motor securing seven awards (two TSP+ and five TSP), Genesis earning seven awards (three TSP+ and four TSP) and Kia earning two awards (one TSP+ and one TSP).
  • More information about Hyundai Motor Group can be found at:
    View original content to download multimedia: https://www.prnewswire.com/news-releases/hyundai-motor-group-earns-most-...

Hyundai Meets Tougher Safety Criteria in 2024 IIHS TOP SAFETY PICK and TOP SAFETY PICK+ Awards

Retrieved on: 
Tuesday, February 27, 2024

FOUNTAIN VALLEY, Calif., Feb. 27, 2024 /PRNewswire/ -- Hyundai Motor America has met the tougher safety criteria instituted by the Insurance Institute for Highway Safety (IIHS) for its 2024 TOP SAFETY PICK (TSP) and TOP SAFETY PICK+ (TSP+) awards with seven Hyundai vehicles awarded to date.

Key Points: 
  • FOUNTAIN VALLEY, Calif., Feb. 27, 2024 /PRNewswire/ -- Hyundai Motor America has met the tougher safety criteria instituted by the Insurance Institute for Highway Safety (IIHS) for its 2024 TOP SAFETY PICK (TSP) and TOP SAFETY PICK+ (TSP+) awards with seven Hyundai vehicles awarded to date.
  • Parent company, Hyundai Motor Group (Hyundai, Genesis and Kia), leads the industry with the most awards overall - six TOP SAFETY PICK+ and 10 TOP SAFETY PICK awards for a total of 16.
  • Hyundai products receiving 2024 IIHS TOP SAFETY PICK or TOP SAFETY PICK+ ratings include:
    "As we continue our journey of safety leadership, accolades such as IIHS' TSP/TSP+ designations help to reinforce our engineering prowess and safety expertise," said Cole Stutz, chief safety officer, Hyundai Motor North America.
  • "We followed the tougher requirements we introduced last year with another major update to the award criteria in 2024," said IIHS President David Harkey.

Hyundai Announces New Production Start Date at Metaplant America During Hyundai Day in Georgia

Retrieved on: 
Monday, February 26, 2024

At the event, Hyundai Motor Group Metaplant America (HMGMA) revealed that the official start of production has accelerated to the fourth quarter of 2024 with the grand opening celebration targeted for the first quarter of 2025.

Key Points: 
  • At the event, Hyundai Motor Group Metaplant America (HMGMA) revealed that the official start of production has accelerated to the fourth quarter of 2024 with the grand opening celebration targeted for the first quarter of 2025.
  • Additionally, the General Assembly passed a Resolution commending Hyundai Motor Group's dedication to the State of Georgia and recognizing Feb. 26, 2024, as Hyundai Day at the State Capitol.
  • "Georgia is like a second home to us," said José Muñoz, president and global COO, Hyundai Motor Company, and president and CEO, Hyundai and Genesis Motor North America.
  • Hyundai Motor Group Metaplant America (HMGMA) is Hyundai Motor Group's first dedicated Electric Vehicle mass-production plant and is located in Bryan County, Georgia.

Black-Owned startup works w/ NASA, Hyundai; Calls on Black celebrities, investors & engineers to help disrupt the $300B Global Tire Industry

Retrieved on: 
Wednesday, February 21, 2024

AKRON, Ohio, Feb. 21, 2024 /PRNewswire-PRWeb/ -- The SMART Tire Company (STC) was formed to commercialize a new category of advanced tires invented at NASA for the Mars Rover program. Their first product, a high-performance airless (never flat) bicycle tire made from shape memory alloys, was named to TIME Best Inventions of 2023 and is due out this year. In future development are automotive and trucking tires, starting with an early proof of concept being developed for Hyundai Motors. Last year, SMART tires were also featured on a NASCAR-sponsored moon rover concept at the Space Symposium in Colorado Springs, CO.

Key Points: 
  • Black-Owned startup The SMART Tire Company is calling on Black celebrities, investors & engineers to help disrupt the $300B Global Tire Industry.
  • SMART Tire makes the world's first high performance airless tires, based on shape memory alloy technology originally invented at NASA.
  • In future development are automotive and trucking tires, starting with an early proof of concept being developed for Hyundai Motors.
  • The SMART Tire Company is now calling upon black innovators and entrepreneurs everywhere to join forces in shaping the future of mobility and challenging the status quo in the $300B global tire industry.

Hyundai Motor Welcomes Fitch Ratings' Upgrade to A-

Retrieved on: 
Friday, February 16, 2024

The rating upgrade reflects the continued improvement in Hyundai Motor's brand strength and market position in key markets, Fitch said in its report.

Key Points: 
  • The rating upgrade reflects the continued improvement in Hyundai Motor's brand strength and market position in key markets, Fitch said in its report.
  • Geographical and product diversification as well as improved profitability and cash generation, and large liquidity buffers were also taken into consideration, it added.
  • "We are pleased to see the recent upgrades by major global credit rating agencies," said Seung Jo Lee, Senior Vice President, CFO and Head of Planning & Finance Division at Hyundai Motor Company.
  • Furthermore, Fitch cited that the A- rating reflects Hyundai Motor's steadily improving business profile in recent years.

Hyundai Motor Welcomes Fitch Ratings' Upgrade to A-

Retrieved on: 
Friday, February 16, 2024

The rating upgrade reflects the continued improvement in Hyundai Motor's brand strength and market position in key markets, Fitch said in its report.

Key Points: 
  • The rating upgrade reflects the continued improvement in Hyundai Motor's brand strength and market position in key markets, Fitch said in its report.
  • Geographical and product diversification as well as improved profitability and cash generation, and large liquidity buffers were also taken into consideration, it added.
  • "We are pleased to see the recent upgrades by major global credit rating agencies," said Seung Jo Lee, Senior Vice President, CFO and Head of Planning & Finance Division at Hyundai Motor Company.
  • Furthermore, Fitch cited that the A- rating reflects Hyundai Motor's steadily improving business profile in recent years.

IonQ Opens Doors to First Dedicated Quantum Computing Manufacturing Facility in the U.S.

Retrieved on: 
Thursday, February 15, 2024

IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced the opening of the United States’ first quantum computing manufacturing facility, located in Bothell, Washington, a suburb of Seattle.

Key Points: 
  • IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced the opening of the United States’ first quantum computing manufacturing facility, located in Bothell, Washington, a suburb of Seattle.
  • View the full release here: https://www.businesswire.com/news/home/20240215594253/en/
    IonQ Opens Doors to First Dedicated Quantum Computing Manufacturing Facility in the U.S. (Photo: Business Wire)
    The facility will be IonQ’s second quantum data center providing cloud access to IonQ customers, and the primary production engineering location in the U.S.
  • “The Seattle facility represents a tangible realization of IonQ’s commitment to commercializing quantum and getting quantum computers into the hands of customers,” said IonQ CEO Peter Chapman.
  • To learn more about how you can get started on an IonQ system today, please contact us directly at: https://ionq.com/get-ready .

Leading Foreign OEMs'ADAS and Autonomous Driving in China Report 2023 - OEMs Build Core Software Capabilities by Strengthening their Software Talent Deployment - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 15, 2024

The "Leading Foreign OEMs'ADAS and Autonomous Driving Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Leading Foreign OEMs'ADAS and Autonomous Driving Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Leading foreign OEMs build core software capabilities by strengthening their software talent deployment.
  • For the transition to software-defined vehicles, leading foreign OEMs have increased their investment in software and algorithm talents.
  • 1.1 ADAS Installations and Installation Rate of Foreign Leading OEMs: Overview
    1.2 ADAS Installations and Installation Rate of Foreign Leading OEMs: By Level
    1.3 ADAS Installations and Installation Rate of Foreign Leading OEMs: By Function
    1.5 L2 and Higher-level ADAS Installations and Installation Rate of Foreign Leading OEMs: Overview
    1.6 L2 and Higher-level ADAS Installations and Installation Rate of Foreign Leading OEMs: By Brand
    1.7 L2 and Higher-level ADAS Installation Rate of Foreign Leading OEMs: By Brand
    1.8 L2 and Higher-level ADAS Installations and Installation Rate of Foreign Leading OEMs: By Model
    1.9 L2 and Higher-level ADAS Installations and Installation Rate of Foreign Leading OEMs: By Price
    1.10 L2 and Higher-level ADAS Installation Rate of Foreign Leading OEMs: By Price
    1.11 L2 and Higher-level ADAS Installations of Foreign Leading OEMs: By Price + Model
    1.12 L2.5 and Higher-level ADAS Installations of Foreign Leading OEMs: By Price + Model
    1.13 L2+ ADAS Installations of Foreign Leading OEMs: By Price + Model
    2.1.1 ADAS/AD Software R&D Modes of Foreign Leading OEMs: Case 1
    2.1.2 ADAS/AD Software R&D Modes of Foreign Leading OEMs: Case 2
    2.1.3 ADAS/AD Software R&D Modes of Foreign Leading OEMs: Case 3
    2.1.4 ADAS/AD Software R&D Modes of Foreign Leading OEMs: Case 4
    2.2.1 ADAS/AD Software R&D of Foreign Leading OEMs: SOA Software Development Case 1
    2.2.2 ADAS/AD Software R&D of Foreign Leading OEMs: SOA Software Development Case 2
    2.2.3 ADAS/AD Software R&D of Foreign Leading OEMs: SOA Software Development Case 3
    3.7 L4 Robotaxi Business Layout: Functions and Solutions

Hyundai Conquers the Big Game with Multi-Brand Instagram Takeover

Retrieved on: 
Wednesday, February 14, 2024

"This proved to be an extremely rewarding weekend for the 22 brands that joined in the fun and took over Hyundai's Insta channel.

Key Points: 
  • "This proved to be an extremely rewarding weekend for the 22 brands that joined in the fun and took over Hyundai's Insta channel.
  • Hyundai also purchased regional buys for the Viking-themed ad during and around the big game in target markets.
  • This content and more will also extend across Hyundai's social media channels such as TikTok, Instagram, Facebook and YouTube.
  • Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company's Progress for Humanity vision.

Hyundai IONIQ 6 Crowned 2023 CleanTechnica Car of the Year

Retrieved on: 
Wednesday, February 14, 2024

"The IONIQ 6 capturing the hearts of voters to win the 2023 CleanTechnica Car of the Year Award is truly gratifying," said Ricky Lao, director, product planning, Hyundai Motor North America.

Key Points: 
  • "The IONIQ 6 capturing the hearts of voters to win the 2023 CleanTechnica Car of the Year Award is truly gratifying," said Ricky Lao, director, product planning, Hyundai Motor North America.
  • This CleanTechnica Car of the Year accolade serves as further validation for our tireless efforts and our drive to deliver Progress For Humanity."
  • "The Hyundai IONIQ 6 is a beauty, hyper-efficient, and more spacious than it appears on the outside.
  • The CleanTechnica Car of the Year winners for 2023 were determined through a comprehensive process involving both the organization's editorial team and its readership community.