Hyundai Motor
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moreIncorporated in 1967, the corporation is headquartered in Seoul, South Korea. It operates primarily in the automotive sector, focusing on the manufacturing and selling of passenger cars, trucks, buses, and electric vehicles. Additionally, it is involved in the production of automotive components and supplies and is pioneering in smart mobility solutions, such as autonomous driving technology and mobility platforms. The company's most important brands include Hyundai, which is the flagship brand with a wide range of passenger cars and SUVs. Genesis represents the luxury vehicle division, competing in the premium automotive market. Furthermore, the Ioniq brand is dedicated to electric vehicles, aligning with the global shift towards sustainable transportation. The corporation's products and services are vital to several key markets around the world. South Korea serves as both the domestic market and the location for corporate headquarters. Other significant markets for its automobiles include the United States and China, two of the largest global economies with robust demand for vehicles. In Europe, the company has a notable presence, with Germany and the United Kingdom being particularly significant. Moreover, India is identified as an emerging market where the corporation maintains a strong presence and manufacturing operations, positioning itself well to cater to the growing consumer base in the region. (Powered by AI)
Research by Capgemini found that the adoption of electric vehicles (EVs) would result in a 37% lifetime reduction in greenhouse gas (GHG) emissions for passenger vehicles1. In 2022 the global sale of EVs amounted to 7.8 million (Mn), accounting fo...
Other than fulfilling people’s accessibility and mobility needs, a car provides privacy, security, flexible scheduling, and quick transportation during emergencies1. A car that costs about 10-15% of an individual’s income is considered to be a...