Hyundai's Ulsan plant, a car manufacturing facility established by the South Korean automaker in 1968, is undergoing a transformative shift towards electric vehicles (EV), to enable the company to

South Korea-headquartered Hyundai Motor Company, which includes the world-famous Hyundai and Genesis brands, enjoyed a significant rise in the sales of its plug-in electric vehicles in June 2023.

Seoul, South Korea-headquartered automobile manufacturer Kia Corporation is investing heavily in its ongoing transformation from ICEs to electric powertrains.

South Korean automotive manufacturer Hyundai Motor Company has announced plans to invest nearly $9 billion to strengthen its position in the EV market, particularly in the United States.

South Korean automobile manufacturer KIA Corporation has reported an increase of more than 10 per cent in its global vehicle sales for the month of August this year, but wholesale shipments of the

South Korean automobile giant Hyundai Motor Company has reported a consistent increase in its plug-in electric car sales in May 2022, even as the company suffered a miniscule decline of 0.5 per cen