LG Innotek ups automotive electronics patents for future mobility

LG Innotek ups automotive electronics patents for future mobility

South Korea’s electronics parts maker LG Innotek Co. actively increased patents related to its new growth driver automotive electronics while ...

Samsung SDI, GM to build $3.5 bn EV battery plant in US

Samsung SDI, GM to build $3.5 bn EV battery plant in US

Samsung SDI Co., the world’s No. 6 battery maker, and General Motors Co., the leading US automaker, are set to build a $3.5 billion cell plant...

Lotte develops nickel-plated foil for solid-state batteries

Lotte develops nickel-plated foil for solid-state batteries

Lotte Energy Materials Corp., a major South Korean battery materials maker, said on Tuesday it has developed a nickel-plated copper foil for use in ...

Lotte Energy to supply copper foil to Samsung SDI-Stellantis JV

Lotte Energy to supply copper foil to Samsung SDI-Stellantis JV

Samsung SDI Co., South Korea’s third-largest battery maker by battery usage, has picked Lotte Energy Materials Corp. as the exclusive supplier...

Hyundai IONIQ 5 N named Car and Driver's 2024 top EV

Hyundai IONIQ 5 N named Car and Driver's 2024 top EV

South Korea's Hyundai Motor Co. said on Sunday that its high-performance electric vehicle (EV) the IONIQ 5 N was selected as Car and Driver's presti...

LG Energy looks to battery safety diagnosis software business

LG Energy looks to battery safety diagnosis software business

LG Energy Solution Ltd., one of the world’s top battery makers, said on Wednesday it is entering the battery safety diagnosis software busines...

After Mercedes Fire, EV Owners Want to Know What Battery They Have

After Mercedes Fire, EV Owners Want to Know What Battery They Have

SEOUL—The uproar over a Mercedes-Benz electric vehicle that burst into flames in South Korea this month wasn’t only about fire...

EV firefighting startup Lee Mobility gets seed round

EV firefighting startup Lee Mobility gets seed round

South Korean startup Lee Mobility announced on Tuesday that it got a seed round investment from Bluepoint Partners, a domestic early-stage venture c...

Hyundai, Kia to apply BMS to all EVs for fire prevention

Hyundai, Kia to apply BMS to all EVs for fire prevention

Hyundai Motor Group, the world’s third-largest automaker, plans to install its battery management system (BMS) in all its electric vehicles to...

Fire-plagued Mercedes uses Chinese cells for most EVs in S.Korea

Fire-plagued Mercedes uses Chinese cells for most EVs in S.Korea

Mercedes-Benz AG, a German luxury carmaker hit by an electric vehicle fire in South Korea, said most of its EV models in the country are equipped wi...

Hyundai to develop EREV powertrain for electric pickup, Santa Fe, GV70

Hyundai to develop EREV powertrain for electric pickup, Santa Fe, GV70

South Korea’s top automaker Hyundai Motor Group is developing a next-generation powertrain, known as a range extender, for pickup trucks and s...

Mercedes, BMW, Audi, VW offer deep discounts amid EV phobia in Korea

Mercedes, BMW, Audi, VW offer deep discounts amid EV phobia in Korea

Imported vehicle dealers in South Korea are offering deep price cuts amid the growing electric vehicle phobia following a Mercedes-Benz EV blaze tha...

Korea's investment forum KIW 2024 kicks off September 9

Korea's investment forum KIW 2024 kicks off September 9

South Korea’s largest investment forum Korea Investment Week 2024 (KIW 2024) will kick off next month in Seoul, drawing around 150 leaders fro...

Half of EV imports in Korea run on Chinese batteries as EV fires rise

Half of EV imports in Korea run on Chinese batteries as EV fires rise

Of 58 electric vehicle models running on the streets of South Korea, 22 models are equipped with Chinese batteries, a survey showed on Friday.Accord...

Electrification, Hyundai Mobis’ growth engine for future mobility

Electrification, Hyundai Mobis’ growth engine for future mobility

Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mob...

Hyundai Glovis, Huayou join hands for EV battery recycling

Hyundai Glovis, Huayou join hands for EV battery recycling

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, has teamed up with a unit of China’s Zhejiang Huayou Cobalt...

LS Cable breaks ground for bus ducts plant in Mexico

LS Cable breaks ground for bus ducts plant in Mexico

South Korea's LS Cable & System Ltd. broke ground for two factories in Mexico on August 2: one for bus ducts, or a large-scale power distributio...

IONIQ 5 N selected as official car of Fuji Speedway Circuit

IONIQ 5 N selected as official car of Fuji Speedway Circuit

Hyundai Motor Co. announced that its high-performance electric vehicle (EV) the IONIQ 5 N was selected as the official car of Japan's Fuji Speedwa...

SK On logs record quarterly loss on sluggish EV market

SK On logs record quarterly loss on sluggish EV market

SK On Co., the world’s fifth-largest battery maker, on Thursday reported a record quarterly loss on the prolonged weakness in the electric veh...

EcoPro BM may cut battery materials capacity on EV slowdown

EcoPro BM may cut battery materials capacity on EV slowdown

South Korea’s leading battery materials maker EcoPro BM Co. is considering reducing cathode output capacity despite continuous investments in ...

Samsung SDI’s Q2 profit drops on sluggish European EV sales

Samsung SDI’s Q2 profit drops on sluggish European EV sales

Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, saw its second-quarter operating profit plunge from the year-earlie...

Kumho Tire holds Latin American dealer convention

Kumho Tire holds Latin American dealer convention

South Korea's Kumho Tire Co. announced on Friday that it held the Kumho Dealer Convention event from July 20 to 22 in Sao Paulo, Brazil, inviting ab...

Hyundai, Kia to hike prices of low-cost EVs for profitability

Hyundai, Kia to hike prices of low-cost EVs for profitability

Hyundai Motor Group, the world’s third-largest carmaker, plans to increase prices of the existing low-cost electric vehicles in the second hal...

Samsung, LG go in different directions for all solid batteries

Samsung, LG go in different directions for all solid batteries

South Korean household names Samsung and LG are in a new race to win the market for solid-state batteries, next-generation batteries promising enhan...

Hyundai eyes Japan’s commercial EV market in e-bus deal with Iwasaki

Hyundai eyes Japan’s commercial EV market in e-bus deal with Iwasaki

South Korean top automaker Hyundai Motor Co. said on Tuesday it is supplying its all-electric Elec City Town buses to Iwasaki Group, effectively ent...

Hyundai Motor forms EV Charging Alliance in Indonesia

Hyundai Motor forms EV Charging Alliance in Indonesia

Hyundai Motor Co. announced on Monday that it established the Hyundai EV Charging Alliance with six local private charging operators at the Gaikindo...

Kia overtakes Hyundai in US EV market driven by SUVs

Kia overtakes Hyundai in US EV market driven by SUVs

Kia Corp., South Korea’s No. 2 carmaker after sister company Hyundai Motor Co., is racing ahead in the sports utility vehicle (SUV) and electr...

SK ties up with BlackRock-backed Korean startup for EV chargers

SK ties up with BlackRock-backed Korean startup for EV chargers

SK Signet Inc., South Korea’s electric vehicle charger manufacturer, joined hands with a local renewable energy startup backed by global asset...

POSCO seeks restructuring for $1.9 bn injection in battery materials

POSCO seeks restructuring for $1.9 bn injection in battery materials

POSCO Holdings Inc. aims to raise its corporate value through an ambitious scheme that entails securing 2.6 trillion won ($1.9 billion) through rest...

Samsung SDI, Sungkyunkwan Univ. to develop battery engineer

Samsung SDI, Sungkyunkwan Univ. to develop battery engineer

Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, will establish a Department of Battery Engineering at Sungkyunkwan Uni...

JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel Museum Kolon's early bets on para-aramid recovery pays off amid AI boom Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required