With the Genesis GV60, you can charge without a plug
Hyundai Motor Co. is rolling out a wireless charging system for its latest premium electric crossover, the GV60, amid intensifying competition among...
SK on eve of jackpot from NYSE debut of US battery maker SES
SK Inc., the investment-focused holding company of South Korea’s SK Group, is set to pocket a sixfold return from its investment in SES Holdin...
SK Innovation not looking at listing battery unit for now
South Korea’s SK Innovation Co. is not currently considering an initial public offering of its battery subsidiary, an executive said on Friday...
POSCO wins shareholder support to launch holding firm
South Korea's POSCO Co. will transform into a holding company structure on Mar. 2, after its plan to split itself into a holding firm and a steelmak...
Samsung SDI in talks with global automaker for battery joint venture
South Korea’s Samsung SDI Co. is in talks with a global automaker to launch a battery production joint venture following its partnership last ...
SKC co-invests $80 mn in battery materials maker Nexeon
Chemical materials producer SKC Co. said on Jan. 26 its consortium has completed an $80 million investment in UK battery materials startup Nexeon ...
LG Energy, GM to build $2.6 bn battery plant in Michigan
LG Energy Solution Ltd. and General Motors Co., plan to build the third US electric vehicle battery plant in Michigan with a $2.6 billion investment...
SK Group to establish $835 mn green biz R&D complex
SK Group, South Korea’s third-largest conglomerate, plans to invest more than 1 trillion won ($835.3 million) in a research and development co...
SK's 5-year journey toward batteries, bio and chips
Back in January 2017, SK Group Chairman Chey Tae-won emphasized the need for “deep change," in his New Year message and presented the phrase a...
One in 10 Koreans rushes for LG Energy shares ahead of $8.6 billion IPO
The world’s second-largest electric vehicle battery maker LG Energy Solution Ltd. has set a new record for initial public offering demand, wit...
LG Energy IPO fever lifts Korea’s battery stocks
LG Energy Solution Ltd., the world’s No. 2 battery maker, attracted a record $9.65 trillion demand for South Korea’s largest-ever initia...
2022 Mercedes EQS EV comes with LG's flexible OLED
The 2022 models of Mercedes-Benz AG's electric vehicle EQS will be equipped with infotainment systems co-developed with LG Electronics Inc., the Sou...
Hyundai Motor’s Alabama plant: World’s second most productive
Hyundai Motor Co.'s US manufacturing plant in Montgomery, Alabama is the world’s second most productive assembly plant, contributing to the So...
LG Energy takes on CATL as it prepares for Korea’s largest-ever IPO
LG Energy Solution Ltd. has vowed to outrival the world’s top battery player CATL as the South Korean company is preparing for the country&rsq...
Kospi short sales hit $639 mn amid rate hike woes
Short selling on the Korean stock market is soaring rapidly on concerns over the US Fed Reserve’s interest rate hike. Particularly, a large ...
Hyundai Motor beats Honda in US for the first time in its 35 years there
South Korea’s top automaker Hyundai Motor Group beat Japanese rival Honda Motor Co. in the US last year, for the first time in its 35 years of...
LG Chem, China’s Huayou Cobalt to build battery metal JV in Korea
South Korea’s top chemical maker LG Chem Ltd. will partner with China’s Zhejiang Huayou Cobalt Co. to launch a battery material joint ve...
China’s tighter grip on supply chain hurts Korean battery makers
While the recent urea crisis laid bare South Korea’s heavy dependence on China for the basic raw material, concerns are growing that the count...
Hyundai revs up shares in Korean EV parts makers
South Korea's electric vehicle components market is heating up as top automaker Hyundai Motor Group accelerates its transformation into an EV manu...
Korea battery makers suffer under growing China dominance
South Korean battery manufacturers are suffering from the growing dominance of their Chinese competitors in the world’s electric vehicle marke...
Hyundai Motor closes engine development division
Hyundai Motor Group, South Korea’s top automaker, will stop developing new internal combustion engines in order to accelerate its transformati...
Rechargeable battery shares slump to lowest level in a year
Rechargeable battery shares in Korea are continuing their slide, hit by global supply shortages. In addition to the companies that produce completed b...
SK Vice Chair Chey Jae-won reinstated into leadership after eight-year hiatus
Chey Jae-won, the younger brother to SK Group Chairman Chey Tae-won, returned to the conglomerate’s leadership on Dec. 17, after an eight-year...
LG Chem, LG Energy acquire 2.6% of battery startup Li-Cycle for $51 million
South Korea’s top chemical manufacturer LG Chem Ltd. and its battery affiliate LG Energy Solution Ltd. have acquired a combined 2.6% stake in ...
Korea exports hit record to top $640 bn in 2021
South Korea’s exports have reached an all-time high thanks to strong overseas demand for key products such as semiconductors amid the global e...
POSCO approves holding company plan for eco-friendly business
South Korea’s POSCO Co. is set to split off the company to launch an investment holding firm, 21 years after its privatization. The move aims ...
China’s CSI, KRX to launch co-developed stock indices
China Securities Index Co. (CSI) and the Korea Exchange (KRX) are set to unveil three stock indices jointly developed for the first time on Dec. 20,...
Hyundai Motor to launch six EV models in India by 2028
South Korea's Hyundai Motor Co. will spend 40 billion rupees ($530 million) on research and development to launch six electric vehicle models in Ind...
POSCO International signs parts supply deal with US EV startup Rivian
POSCO International Corp., the trading unit of South Korea’s steel giant POSCO, said on Thursday it has signed a $6 million contract to supply...
POSCO Chemical, GM to launch new battery material JV in US
South Korea’s POSCO Chemical Co. said on Thursday it is forming a new joint venture with US top automaker General Motors Co. to produce cathod...
