KoreaTechToday - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Lists
KoreaTechToday - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Lists
KoreaTechToday - Korea's Leading Tech and Startup Media Platform
No Result
View All Result
Home Topics Hyundai

Hyundai Motor, Turkmenistan Signs $60 Mil Supply Deal for 400 Buses

KoreaTechToday Editor by KoreaTechToday Editor
PUBLISHED: March 16, 2020 UPDATED: March 18, 2020
in Hyundai, transport, Turkmenistan
0
aero-city-bus-2020
Hyundai Motor signs $60 million (72.7 billion won) worth of supply deal with Turkmenistan’s Ministry of Transport to deliver 400 buses. / photo courtesy of Hyundai Motor

Hyundai Motor signs $60 million (72.7 billion won) worth of supply deal with Turkmenistan’s Ministry of Transport to deliver 400 buses. / photo courtesy of Hyundai Motor

Hyundai Motor, South Korea’s largest car manufacturer, announced on March 15 that it signed $60 million (72.7 billion won) worth supply deal with Turkmenistan’s Ministry of Transport to deliver 400 buses.

The automobile maker said it would supply its New Super Aero City buses to Turkmenistan in cooperation with Hyundai Corporation. The deal is the second-biggest contract since the company first provided its buses to the Central Asian country.

The company’s first overseas deal provided a $66 million (81 billion won) order for 500 buses to the Turkmenistan government in 2016. Since Hyundai Motor’s first supply contract in Turkmenistan, the carmaker has sold over 1,200 buses to the country.

Hyundai Motor's previous Aero City bus model.
Hyundai Motor’s previous Aero City bus model.

According to Hyundai Motor, all current operational city buses on the streets of Ashgabat, Turkmenistan’s capital city, are Hyundai Aero City buses. The new batch of vehicles would also have the same purpose.

The Korean company integrated the New Super Aero City buses with upgraded safety features compared to previous models. The buses would include rear-view cameras, rear warning systems, and cross-traffic alert functions. The all-new buses also come with Hyundai’s modern engines that comply with the European Union’s Euro-4 emission standards established in 2005.

Day of Neutrality

Hyundai Motor would start manufacturing the new buses in May and would deliver completely before December 12, Turkmenistan’s 25th anniversary of the Day of Neutrality.

The company stated that it contributed significantly to the development of the country’s mass public transport infrastructure. Hyundai Motor also offered consumable items, components, and maintenance services for its buses used.

A Hyundai Motor official said that the deal honors the company because the contract demonstrates the superior quality of Hyundai’s Aero City buses. The official added that citizens of Turkmenistan also give recognition to the buses for their reliability.

In addition, the official assured that Hyundai Motor would continue with its effort to extend the supply contract that has since started in 2008.

Tags: Aero City bushyundaiHyundai MotorTurkmenistan

Related Posts

Hyundai Mobis Assembles Domestic Powerhouse to Build Auto Chips
Hyundai Motor signs $60 million (72.7 billion won) worth of supply deal with Turkmenistan’s Ministry of Transport to deliver 400 buses. / photo courtesy of Hyundai Motor
AI

Hyundai Mobis Assembles Domestic Powerhouse to Build Auto Chips

September 30, 2025
Hyundai and Kia Deploy Wearable Robots to Transform Farming in Korea
Hyundai Motor signs $60 million (72.7 billion won) worth of supply deal with Turkmenistan’s Ministry of Transport to deliver 400 buses. / photo courtesy of Hyundai Motor
AI

Hyundai and Kia Deploy Wearable Robots to Transform Farming in Korea

September 29, 2025
Hyundai Mobis Steps Into Robotics, Eyes Growth Beyond Autos
Hyundai Motor signs $60 million (72.7 billion won) worth of supply deal with Turkmenistan’s Ministry of Transport to deliver 400 buses. / photo courtesy of Hyundai Motor
Hyundai

Hyundai Mobis Steps Into Robotics, Eyes Growth Beyond Autos

August 31, 2025
Hyundai, GM to Launch Pickups, EV Van and More Under 2028 Partnership
Hyundai Motor signs $60 million (72.7 billion won) worth of supply deal with Turkmenistan’s Ministry of Transport to deliver 400 buses. / photo courtesy of Hyundai Motor
Hyundai

Hyundai, GM to Launch Pickups, EV Van and More Under 2028 Partnership

August 30, 2025
Hyundai Motor Named Official Mobility Partner for 2025 APEC Energy Summits
Hyundai Motor signs $60 million (72.7 billion won) worth of supply deal with Turkmenistan’s Ministry of Transport to deliver 400 buses. / photo courtesy of Hyundai Motor
Hyundai

Hyundai Motor Named Official Mobility Partner for 2025 APEC Energy Summits

July 25, 2025
‘One Team’ Strategy: Lee Meets Hyundai, LG Leaders to Tackle Trade and Investment
Hyundai Motor signs $60 million (72.7 billion won) worth of supply deal with Turkmenistan’s Ministry of Transport to deliver 400 buses. / photo courtesy of Hyundai Motor
Hyundai

‘One Team’ Strategy: Lee Meets Hyundai, LG Leaders to Tackle Trade and Investment

July 24, 2025
No Result
View All Result

Most Popular

  • Ride-Hailing Rivalry: Kakao and Uber Bet on Membership Services in Korea

    0 shares
    Share 0 Tweet 0
  • Kakao Mobility Faces $10.5 Million Fine for Limiting Competitors’ Access to Taxi Platform

    0 shares
    Share 0 Tweet 0
  • Korea’s Navigation Battle Heats Up: Naver and Kakao vs. Google maps

    0 shares
    Share 0 Tweet 0
  • 5 Best Korean to English Translation Apps

    0 shares
    Share 0 Tweet 0
  • Naver Launches 3D Street View for Immersive Navigation Experience

    0 shares
    Share 0 Tweet 0
  • KakaoTalk to Adopt Instagram-Style Feed in Major 2025 Redesign

    0 shares
    Share 0 Tweet 0
  • Naver Maps Launches Guide in English, Chinese, and Japanese to Enhance Travel Experience for Tourists

    0 shares
    Share 0 Tweet 0
  • Top Nine Mobile MMORPG in South Korea for 2020

    0 shares
    Share 0 Tweet 0
  • Naver Unveils Asia’s Largest Data Center, GAK Sejong, for Tech Innovation

    0 shares
    Share 0 Tweet 0
  • LG’s Return to Smartphones: A New AI Collaboration with Samsung

    0 shares
    Share 0 Tweet 0

PRODUCTS

[ads_amazon]

TOPICS

  • Naver
  • Kakao
  • Nexon
  • Netmarble
  • NCsoft
  • Samsung
  • Hyundai

FREE NEWSLETTER

FOLLOW US

  • About Us
  • Cookie policy
  • home
  • homepage
  • mainhome
  • Our Services
  • Privacy Policy
  • Terms of Use

Copyright © 2024 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |

No Result
View All Result
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Lists

Copyright © 2024 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |