2024 EV of the Year

Korea Investment Corporation (KIC) saw the net value of its traditional assets rise 8.25% in the first half of this year, backed by the strong perfo...

In celebration of producing 1 million cars from its Indian plant, Kia Corp. has vowed to command 10% of the Indian car market with more diverse mode...

The casino complex Paradise City in Incheon on Saturday will reopen Hotel Art Paradiso at its integrated resort on Yeongjong Island. Closed in July ...

The IONIQ 5 N – Hyundai Motor Co.'s first all-electric high-performance car under its N brand – made its world premiere on Thursday, wit...

Samsung Electronics Co., the world’s largest memory chipmaker, has begun mass production of its latest flash memory chip, which the company sa...

Everon, one of South Korea’s top three electric vehicle charging infrastructure and management service providers, raised 50 billion won ($39 m...

Over 80% of American companies that sued South Korean companies for patent infringement last year were non-practicing entities (NPE), or “pate...

Kia Corp. will spend over $200 million to transform part of its assembly plant in the US state of Georgia to manufacture its second all-electric SUV...

South Korea’s central bank is expected to cut its policy interest rate by one percentage point next year with inflationary pressure easing fur...

Macquarie Asset Management is aiming to close its sixth buyout fund in South Korea at a maximum of 1 trillion won ($775.6 million) by the first ha...

Employment in South Korea extended its growth streak in June but its gains slowed for the third straight month, with youth jobs declining for eight ...

Shares of EcoPro Co., a South Korean battery materials maker, have skyrocketed this year, rising 848% year to date to break above the 1 million won ...

South Korea’s POSCO Holdings Inc. on Tuesday sharply revised up its sales targets for rechargeable battery materials as it is aiming to join t...

South Korea is slated to bring forward action steps on its power supply plan for the 2024-2038 period, with a possibility to review building more nu...

South Korea has launched an official development assistance (ODA) project for a "K-Ricebelt" to produce rice for 30 million people every year in Afr...

Kia Corp. has brought a former Stellantis N.V.’s commercial vehicle specialist on board for its purpose-built vehicle (PBV) business in Europe...

South Korea's imports of cathode materials used to make lithium ferrophosphate (LFP) batteries in the first five months of this year rose for the fi...

SILICON VALLEY – Moloco Inc., a Silicon Valley-based ad-tech solution startup valued at more than $2 billion, is dreaming big to become a vers...

South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, unveiled its ambitious plans on Mon...

South Korea retained its top spot in exports of eco-friendly vehicles including electric cars to the US in the first quarter despite challenges pose...

South Korea’s Hyundai Motor Co. has broken out of its slump in China, with its Chinese joint venture posting its first sales growth in four ye...

The drought in venture capital funding worsened in South Korea in the first half of this year, taking an especially heavy toll on platform and b...

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., announced on Friday tha...

South Korea’s current account swung to the black in May from a deficit the prior month, thanks to a surplus in the goods account for the secon...

HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, has signed a memorandum of understanding (MOU) with...

South Korea’s steel pioneer POSCO under POSCO Holdings Inc. is preparing to take another big stride as an eco-friendly materials provider with...

Handsome Corp., a fashion house of South Korea’s major retailer Hyundai Department Store Group, will launch The Time, an upmarket collection...

Foreign direct investment pledges to South Korea from January to June of this year soared 54.2% on-year, hitting a record high for the first-half pe...

South Korea’s IVIM Technology has supplied the world’s first all-in-one intravital microscopy platform that it released last year to a m...

GWANGJU, South Jeolla Province -- Kia Corp.'s plant in Gwangju, about 270 kilometers south of Seoul, bustled with workers and cars, including its be...