Plug-in hybrids a dying breed as carmakers favor battery EVs

A plug-in hybrid electric vehicle (PHEV) was once touted as the next-generation automobile technology as such models carry the strengths of both a c...

Huawei, Ericsson or Nokia? Apple or Samsung? US or China? Who’s winning the 5G races?

Once a glimmer in the eyes of executives from Shenzhen to Silicon Valley, 5G now dominates a broad swath of the global supply chain—and the ...

Hanwha to raise $503 mn to expand China PVC production

South Korea’s Hanwha Solutions Corp. is set to raise $503 million to expand its polyvinyl chloride (PVC) business in China, the world&rsq...

Hyundai Doosan Infracore wins orders for 62 excavators in Philippines

South Korea-based heavy machinery and construction equipment maker Hyundai Doosan Infracore Co. has secured orders for 62 excavators in the Philippi...

SK may develop LFP batteries for low-priced EVs

SK On, the recently-launched battery company of South Korea's SK Group, is considering manufacturing lithium iron phosphate (LFP) batteries to suppl...

China, Japan, Korea race for wafer capacity expansion

China, Japan and South Korea are racing for expanding wafer production as surging chip demand and increase in semiconductor makers’ capacity t...

With Hyundai’s Genesis GV60, your face is the key to unlock the door

If you own Hyundai Motor Co.'s latest premium electric crossover, the GV60, set for roll-out next month, you can just touch the handle and show your...

China power crisis, US tightening chill sentiment on Korea IT sector

Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...

SK Innovation, Ford to invest $11.4 billion to build largest EV battery JV

SK Innovation Co. and Ford Co. will invest a combined $11.4 billion to build an assembly and battery complex and two additional battery factories in...

LG Energy develops safer, long-lasting solid-state battery technology

South Korea’s LG Energy Solution Ltd. said on Friday the company and the University of California San Diego have jointly developed a next-gene...

Carbon neutrality reshapes global commodity markets

Global moves for carbon neutrality are reshaping commodity markets around the world. Iron ore prices have tumbled, while steel scrap prices have soa...

LG Chem shares rise as GM resumes battery module replacement

Shares of LG Chem Ltd. are staging a rebound a month after falling sharply due to a decision by General Motors Co. to recall 73,000 Chevrolet Bolt e...

Hyundai considers EV version of Santa Cruz pickup in US market

Hyundai Motor Co. plans to roll out an electric version of the Santa Cruz pickup, the South Korea automaker’s first model for the American mar...

Korea’s Halla to enter EV battery materials business

South Korea’s auto parts supplier Halla Holdings Corp. is making inroads into the electric vehicle battery materials business.Halla said on Se...

GS E&C to build EV battery recycling plant near POSCO

GS Engineering & Construction Co. (GS E&C) has launched the construction of its first lithium-ion battery recycling plant in a South Korean ...

Korean EV startup makes highest bid for Ssangyong Motor

South Korea's electric vehicle and battery startup EL B&T has offered the highest price of around 500 billion won ($430 million) for debt-laden ...

Automotive security in spotlight on growing EV market

The automotive security technology for automotive electronics is in the spotlight as the global electric vehicle market is growing. The information ...

HiteJinro's fruit-flavored soju bedazzles Chinese MZers

South Korea’s leading soju maker HiteJinro Co. has captivated China with its fruit-flavored soju products, gaining much popularity among local...

Daimler working with Korean EV battery makers

Daimler AG is working with South Korean battery makers, already using their technology for electric sport utility vehicles (SUVs) of Mercedes-Benz, ...

Apple Likely Has More App Store Deals to Make

As Apple Inc. works to negotiate its way out of its App Store troubles, one thing is becoming increasingly clear: the technology titan mig...

Steel stocks rally on iron ore price falls, Q3 outlook

Shares in South Korean steelmakers rose sharply in active trade on Tuesday, on the prospect that the declining iron ore price and Chinese rivals' ou...

Samsung sells $1.3 bn stake in China’s BYD, keeps watchers puzzled

Samsung Electronics Co. has sold a 1.6% stake worth 1.5 trillion won ($1.3 billion) in Chinese electric vehicle and rechargeable battery maker BYD C...

Genesis goes green as Hyundai Motor accelerates EV push

South Korea’s top automaker Hyundai Motor Co. on Thursday unveiled its vision for a sustainable future, in which all its new vehicles under th...

LG Energy Solution, SK Innovation raise global battery market shares

LG Energy Solution Ltd. and SK Innovation Co. expanded global battery market shares, leading steady growth in South Korea’s battery industry.S...

LG delays decision on battery unit IPO to Q4

LG Chem Ltd.’s battery unit LG Energy Solution Ltd. will not be listed on Kospi within the third quarter. Investors are keeping close eyes on ...

Chinese, Korean carmakers penetrate Japanese-dominated Indonesia

Hyundai Motor Co. is set to start producing automobiles in Indonesia around the end of this year to attract drivers in the Southeast Asia’s ...

S.Korean govt to spend $5.4 bn to develop sensors, improve EV repair

South Korean government will spend 6.3 trillion won ($5.4 billion) next year in supporting the state-designated Big 3 industries: future vehicles, n...

Global automakers' new battle field: small EVs

Global automakers stop producing smaller cars among internal combustion engine models. The industry is facing difficulties to make profits from thos...

POSCO Chemical to expand EV battery materials capacity in China

South Korea’s POSCO Chemical is set to bolster production capacity of electric vehicle battery materials in China, the world’s top batte...

IAA Mobility 2021 to showcase global auto industry’s future technologies

The global auto industry is set to show off their muscle to fight for the future mobility market not only with new models but also technologies at t...