| Mobile Web

Search results for Hyundai Motor Group

AI & Enterprise

Korea Microsoft to hold Industry Summit on Sept. 30

Korea Microsoft will hold the Microsoft Industry Summit on Sept. 30 at the COEX Grand Ballroom in Seoul to share industry-specific AI transformation strategies and on-the-ground cases. The company will present AI use cases and Frontier Transformation 방향 across finance, retail, manufacturing, healthcare and education. It will also run technology sessions featuring customer cases using Microsoft 365 Copilot, Microsoft Foundry and Azure. Korean firms including SC First Bank, Shinhan units and KB Kookmin Bank will present.

Mobility

BMW Group keeps top share of EV sales in U.S., Hyundai Motor Group third

BMW Group kept the top spot among established automaker groups and alliances selling internal combustion models in the United States by battery electric vehicle (BEV) sales share, with BEVs accounting for 6 percent of its U.S. sales in the second quarter. General Motors raised its BEV share to 5 percent from 3.6 percent and moved up to second, overtaking Hyundai Motor Group. Hyundai Motor Group’s BEV share rose to 4.5 percent, but it slipped to third.

Industry

U.S. tightens security lock on ESS; Korean battery makers with North American plants eye order rally

The U.S. government has designated battery energy storage systems as equipment tied to national security, raising expectations that Korean battery makers with U.S. production bases will win more North American ESS orders in the second half. LG Energy Solution expects new ESS orders of 70 GWh in the second half, while SK On has secured a deal to supply 9 GWh over five years. Samsung SDI is converting EV production lines to ESS.