Latest news with #Ioniq
The Independent
01-07-2025
- Automotive
- The Independent
Hyundai set to reveal new high-tech Ioniq model at Munich motor show in September
Hyundai will be revealing its latest all-electric model at September's Munich Motor Show, with the focus not only on the design of the car, but the software that powers it. Although officially only a concept, the new Hyundai B-segment SUV is expected to be a thinly-disguised clue to what a production model – set to go on sale in the middle of 2026 – will look like. The production car is likely to take the Ioniq name and could possibly be called Ioniq 2. Our rendering shows what the concept could look like, taking the proportions of the Kia EV2 and applying Hyundai's latest 'Art of Steel' design language introduced on the recent Hyundai Initium concept. It includes a new interpretation of the brand's signature Parametric Pixels lighting. Although the new model is expected to use the same E-GMP platform as Ioniqs 5,6 and 9, Hyundai is expected to showcase the brand's new Pleos software system in the Ioniq 2. Pleos – which combines the Greek word Pleo meaning more, with OS for Operating system – is an end-to-end software platform that combines high-performance chips and controllers with a vehicle's operating system (OS), its infotainment system, a cloud infrastructure and fleet management, mobility and logistics solutions. It's set to work with Hyundai's next generation of software defined vehicles (SDVs) to add a whole new range of features to its upcoming new cars including autonomous driving. Unlike Hyundai's current operating system, Pleos is based on the Android Automotive Operating System providing a host of new benefits including customisation of the platform, a smartphone-like user interface and access to a wealth of new apps. The new concept will showcase Hyundai's latest 'Art of Steel' design philosophy, although it's expected that only the exterior of the car and details of the Pleos software will be revealed in Munich. Further details of the car, including the interior, are likely to be revealed during Milan Art Week in April next year, shortly before the car goes on sale in Europe. The new car is set to have a strong European flavour and will be built in Europe, according to Xavier Martinet, President and CEO of Hyundai Motor Europe. 'Localisation is important,' said Martinet. 'In 2024, 79 per cent of Hyundais sold in Europe were made in Turkey or Czech Republic. We want to maintain a high level of EU-built cars. 'Our brand new EV will be built in Turkey – it will be European developed.' Ford man Tyrone Johnson.
Auto Car
27-06-2025
- Automotive
- Auto Car
Hyundai's sports car division could still launch hot new combustion cars!
Hyundai's N performance brand will not restrict itself exclusively to electric sports cars in the future and could launch hot new ICE-powered models alongside the Ioniq 5 N and upcoming Ioniq 6 N. The Korean firm's sporting division – its answer to the likes of BMW M and Volkswagen R – was launched with the i30 N in 2017. It followed that up with the smaller i20 N in 2021, before revealing the Ioniq 5 N as its first EV in 2023 and taking the two petrol hot hatchbacks off sale shortly afterwards. Following the unveiling of the Ioniq 6 N at Goodwood next month, the performance brand will have a two-car, exclusively electric, line-up, but N division boss Joon Park has suggested more models will follow - and they won't necessarily use pure-battery powertrains. Speaking at the Autocar Awards ceremony in London, where the Ioniq 5 N was named as one of 2025's five-star cars, Park said the N brand will keep step with its parent company Hyundai in maintaining a diverse powertrain offering over the coming years. 'The problem that we have is that there is a perception from the media and our fans that Hyundai N is only focusing on the EV world, which is not true,' he said. 'Even though we are going to introduce the Ioniq 6 N at Goodwood Festival of Speed, we are not limiting ourselves to EVs.' He stopped short of confirming any specifics of these new models, but Hyundai has already confirmed it will respond to slower-than-expected global uptake of EVs with a significantly expanded line-up of hybrid models and it will also launch its first range-extender (REx) EV in the US next year. Park suggested that no specific technology is off the table for N, saying: 'We're going forward with EVs, of course, as well as all the other proposals we could do. 'Because for N, imagination and courage are the words we need to remember.' The performance brand has previously experimented with hydrogen fuel cell power, revealing the striking Vision N 74 concept in 2022 as a fully functional rolling laboratory with 670bhp at the rear axle and a total range of more than 370 miles supplied by its 95kW fuel cell. That car has often been reported to have been green-lit for production over the past three years, but Hyundai has never officially confirmed plans to put it in showrooms, and its subsequent performance car concepts have been battery-powered, rather than FCEVs.
Newsweek
06-06-2025
- Automotive
- Newsweek
Smart Factories Drive Korea's Industrial Future
The city of Ulsan on the east coast of South Korea is the birthplace of the Korean Automotive Industry. There lies the beating heart of Hyundai Motor Company's production facilities, the Ulsan Plant. It is the world's largest single automotive plant complex, producing 1.5 million vehicles annually. In 1975, it made the first Korean car ever to be exported, and, 50 years later, driving down the 700 football fields' worth of the enormous plant feels like a rolling showcase of Hyundai's evolution. On your left, the refined family SUV, a Palisade, glides off the production line. Further along, robot arms gently lower Ioniq and Kona Electric frames onto test rails. At the same time, the unmistakable silhouette of the Avante sedan slips into its final polish at the end of the corridor. In 2024, Korea's automobile exports reached $70.8 billion, just shy of its 2023 record of $70.9 billion, which eclipsed its previous record by 30 percent, a record set in 2022. The sector's incredible growth is fueled by value-added, eco-friendly and high-tech vehicles. Korean automakers Kia and Hyundai have gained significant market share internationally due to their competitively priced, feature-packed cars, reliability and high resale value. Credit: Courtesy of of The Worldfolio. Credit: Courtesy of of The Worldfolio. Automotive suppliers sit on strong technology for international expansion Key for any major manufacturing country, the local supply chains have been remarkably resilient, with suppliers providing robust, innovative and cost-effective technology and solutions. Kwang Myung (KMIN) works closely with Korean and international car manufacturers to produce automotive seat frames. CEO Byung Gun Lim says that as vehicles evolve and adapt, the technologies and functionalities for seat frames change too. "We are actively developing advanced seat frames equipped with features tailored to EVs, hybrids and autonomous vehicles," he explains. KMIN collaborates directly with Korean original equipment manufacturers (OEMs), joining projects early in the life cycle of new vehicles. Likewise, Hankook Capability (HKC) works closely with the seat makers to produce seatbelts and safety components like channels, latches, rearview mirrors and battery module assembly (BMA) parts. Beyond Korea, the company collaborates with Tier 1 international automotive suppliers in the United States and Europe to enter new markets and supply foreign automakers. "Our ability to understand, meet and exceed these international requirements is a core strength," CEO Sung-Man Kim says. Prioritizing digital implementation for SMEs competitiveness In the wake of its labor shortage and global economic uncertainty, the Ministry of SMEs and Startups focuses on fostering smart factories among the supply chain with the 2023–2027 Manufacturing Innovation and DX Acceleration Strategy. Specifically, companies with solid capabilities will be championed as leading models for digital transformation, incorporating AI and digital twin technologies to minimize worker intervention in autonomous factories. Aluko is integrating AI into its Vietnamese facilities, where the data can be collected and leveraged in its new U.S. production facilities that supply BlueOval SK with battery cases. "We've been collecting extensive data from our Vietnam facilities, studying which configurations are most efficient for producing specific parts," CEO Jinwoo Park states. The company is taking the insights it gains from this data and aims to leverage AI across all aspects of production. Seil Industrial is looking to strengthen its production capacity with robotics and AI. The company is implementing its Manufacturing Execution System (MES) and process monitoring as part of its smart factory advancement. The mechanical parts manufacturer aims to systematically identify opportunities to improve production flow, enhancing delivery response times and increasing efficiency. Digital implementation is especially prevalent in the automotive industry—but not exclusively. South Korean companies, such as OVIO, have recognized the importance of counterbalancing China's competitiveness. As a leading Korean OEM/ODM in water purifiers, OVIO has focused on enhancing its production capabilities with high-value offerings and smart factory initiatives. CEO Eun Chun Lee states, "OVIO overcame these challenges step by step through refined technological expertise, a smart factory–based manufacturing environment, precise delivery responsiveness and flexible customization capabilities." Its extensive portfolio of ice-making water purifiers, sparkling water dispensers and coffee machines has seen improvements in both quality and on-time delivery. "We also ensure transparency across the entire manufacturing process through a point-of-production tracking system, which supports systematic post-launch management and after-sales service," Lee adds. The overall Korean ICT sector is positioned in niche applications With the automotive and manufacturing industry's inexorable growth and ability to adapt to new challenges, Korea is set to remain competitive in uncertain economic times. Through initiatives like K-City, which aims to support the development of smart cities at home in Korea and abroad, Korean innovators can invest in the next generation of technology, be it autonomous driving, 5G or other smart technologies. One company paving the way in this convergence is Ability Systems. With deep roots in system and network integration, the company is now applying its technical expertise to the future of smart mobility. "We strategically chose autonomous driving as a niche market with strong growth potential," says CEO Jae-il Shin. "Our goal is to lead Korea's transformation in port automation by integrating AI, HD mapping and V2X communication into real-world solutions." By focusing on high-stakes environments like harbor ports, where precision and reliability are critical, Ability Systems contributes to the redefinition of ICT integration in the age of AI-driven mobility. Yet as these physical systems become increasingly interconnected, digital security becomes paramount. Companies like RaonSecure will be vital in ensuring the security of personal data in the digitally connected world. The company enables secure digital identification by leveraging blockchain technology to build a unified, decentralized and data-secure system. Founder and CEO Soon-hyung Lee believes that the era of Web3 and digital transformation is approaching rapidly. "When I refer to digital transformation, I mean not only digital IDs but also the broader infrastructure and services, including authentication, personal data management, digital voting, digital contracts and cryptocurrency," he says. Another Korean company that is working and rising to meet the demands of this new era is Dream Security. With decades of experience in encryption, authentication and secure communications, Dream Security is also broadening its scope from national infrastructure to global markets. "In the past, our growth was limited by a lack of platform scalability and the language barrier," CEO Beom Jin-kyu notes. "But today, with cloud-based systems and advanced localization tools, Korean SMEs are finally equipped to compete worldwide." The company's Matter certification services, which ensure secure and interoperable connectivity for IoT ecosystems, reflect this global shift. The sustainable growth of Korean SMEs is rooted in their agile business culture. This push for implementing digital technologies is deeply rooted in South Korean business culture, which values agility and responsiveness to market trends. KD Finechem exemplifies this ability to capitalize on the evolving market, with the automotive coolant manufacturer leading the way with new formulas suited to the needs of EV and FCEV components and AI data centers. "As the industry shifted toward greener vehicles, demand for specialized coolants increased," CEO Hyun Jin Park explains. Beyond manufacturing, SungEel HiMetal is leveraging that same agility and innovative spirit in recycling precious metals from the semiconductor and petrochemical industries. It supports manufacturing by working with companies to recover precious metals used in manufacturing processes and refining them back to high purity. CEO S.P. Hong describes the company's mission: "Our ultimate goal in the recycling business is a closed-loop system. A closed-loop approach might seem limited in scope, but it can have a powerful impact." Since the first car was shipped from the port in Ulsan 50 years ago, global manufacturing has evolved nearly beyond recognition. Today, Korea is at the forefront of emerging technologies, solving humanity's most significant challenges at pace with resilient, innovative solutions. With the globe facing demographic shifts and climate change, advanced plants and technology like those in Ulsan are the progenitors of a better manufacturing future. All interviews were conducted by The Worldfolio and can be found at This report has been paid for by a third party. The views and opinions expressed are not those of Newsweek and are not an endorsement of the products, services or persons mentioned.
Korea Herald
25-05-2025
- Automotive
- Korea Herald
Hyundai Ioniq's global sales top 500,000 units
Hyundai Motor Co.'s Ioniq series have sold over 500,000 units globally, the group said Sunday, reaching a milestone for the first time since its launch of the Ioniq 5 four years ago. According to the company, it had sold a cumulative 514,588 units of its Ioniq series, consisting of the Ioniq 5, Ioniq 6 and Ioniq 9, as of last month. The series, which began with the launch of its very first Ioniq 5 in 2021, saw its sales gradually increase year after year, with 65,906 units sold in 2021, 114,548 in 2022 and 169,812 in 2023. Sales dropped to 121,375 last year amid a temporary drop in demand for electric vehicles, with signs indicating a potential rebound this year. Last month alone, 16,368 vehicles from the series were sold, up 41 percent compared with the same period last year. The most popular among the series was the Ioniq 5 and its high-performance version, the Ioniq 5 N, which have together sold 407,607 units, accounting for 80 percent of the total accumulative sales. "We will strive to keep up the popularity of the Ioniq series in the global market by strengthening its commercial value and expanding its market base," a company official said. (Yonhap)
Time of India
16-05-2025
- Automotive
- Time of India
Hyundai lines up new models to regain ground
NEW DELHI: Korean Hyundai will launch 26 new cars in India over the next five years, intensifying competition in the industry as the company invests fresh capital and introduces new vehicles to increase market share amid growing challenges from homegrown Mahindra & Mahindra and Tata Motors. Tired of too many ads? go ad free now The company said it will invest Rs 7,000 crore in India this year and will start introducing new products across price points. These will include 20 internal combustion engine (ICE) cars, six electrics, and even strong hybrid variants, Hyundai India COO Tarun Garg said. Garg said that Hyundai is looking at a significant jump in market share as it introduces new cars and technologies over the remaining part of this decade. Hyundai lines up new models to regain ground Asked about challenges from M&M and Tata, he said Hyundai has decided against engaging in a 'discount war' and is rather 'balancing volume market share and profits.' He said the operating margins of Hyundai India stood at 14.1% in the Jan-March 2025 quarter, which is higher than the initial estimates. On the new cars, he said that Hyundai plans to have cars across price points and body styles for a stronger impact in the market, with eight models likely to be introduced by FY27. 'Obviously, SUVs will be a major focus for us.' On electrics, he said the company will add more localised models to its current line-up that comprises Ioniq and Creta EVs. 'We are working aggressively on making our fast-charge network dense, while building in localisation.' Hyundai's sales in the domestic market declined to around six lakh units last fiscal against 6.1 lakh units in FY24. Exports remained almost flat at 1.6 lakh units in FY25. Tired of too many ads? go ad free now 'The year gone by signifies our resilience in the financial performance by way of sustained revenues and healthy operating margins led by improved realisations and effective cost control measures,' Hyundai India MD Unsoo Kim said. The company remains 'cautiously optimistic' on domestic demand in the near term amid geopolitical uncertainty and weakening customer sentiment. 'While we expect our FY26 domestic growth to be broadly in line with industry estimates of low-single digit, we are aiming for 7-8% growth in exports,' Kim said. Hyundai Q4 net down 4% on lower sales Hyundai India on Friday reported a 4% dip in its consolidated net profit for the fourth quarter ended March 2025 at Rs 1,614 crore, on account of lower sales in the domestic market. The automaker posted a profit of Rs 1,677 crore in the Jan-March period of FY24. Its total revenue from operations rose to Rs 17,940 crore for the period under review compared to Rs 17,671 crore in the year-ago period.
