Hyundai Transys to export EV drive systems to CEER

Hyundai Transys to export EV drive systems to CEER

Hyundai Transys Inc., an auto parts affiliate of Hyundai Motor Group, announced on Wednesday that it signed a contract to supply a 3 trillion won ($...

LG Chairman Koo to embark on US trip to oversee battery, AI projects

LG Chairman Koo to embark on US trip to oversee battery, AI projects

Koo Kwang-mo, chair of South Korea’s fourth-largest conglomerate LG, will embark on a weeklong business trip to the US next week to seek new g...

US, China to serve as Kia’s key offshore EV production bases

US, China to serve as Kia’s key offshore EV production bases

Kia Corp., South Korea’s second-largest carmaker after its sibling Hyundai Motor Co., has upped the stakes in China and the US to bolster its ...

Hyundai to launch EV model of Staria minivan in 2026

Hyundai to launch EV model of Staria minivan in 2026

South Korea’s top automaker, Hyundai Motor Co., is slated to launch an electric vehicle model of its Staria van in 2026 to respond to the inte...

LG Energy, ADI tie up for fast-charging EV battery technologies

LG Energy, ADI tie up for fast-charging EV battery technologies

LG Energy Solution Ltd., the world’s No. 3 electric vehicle battery maker, joined hands with US chipmaker Analog Devices Inc. (ADI) on advance...

LG-Kakao EV charger JV LG Uplus VoltUp sets sail

LG-Kakao EV charger JV LG Uplus VoltUp sets sail

LG Uplus Corp., South Korea’s third-largest mobile carrier, and the country’s largest taxi-hailing platform Kakao Mobility Corp. officia...

Ultium Cells Spring Hill: LG, GM’s EV battery bastion in North America

Ultium Cells Spring Hill: LG, GM’s EV battery bastion in North America

NASHVILLE – Some 60 km south of Nashville, the capital of Tennessee, lies a huge plant churning out battery cells that will eventually land in...

Eco-friendly cars reboot Hyundai, Kia’s US sales in May

Eco-friendly cars reboot Hyundai, Kia’s US sales in May

Hyundai Motor Co. and Kia Corp., car manufacturers of the global No. 3 automaker Hyundai Motor Group, reported a rebound last month on sales in the ...

SK Gas eyes commercial operations of LNG power plant in 2nd half

SK Gas eyes commercial operations of LNG power plant in 2nd half

SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier seeking to transform into a clean energy company, has moved a step c...

Hyundai Glovis, EcoPro team up for EV battery recycling business

Hyundai Glovis, EcoPro team up for EV battery recycling business

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, and EcoPro Co., the country’s leading electric vehicle batt...

LG Energy Solution to discover startups in battery sector

LG Energy Solution to discover startups in battery sector

South Korea's LG Energy Solution Ltd. announced on Monday that it will host Battery Challenge 2024, an open innovation program to discover startup...

SK embarks on business overhaul to focus on mainstays

SK embarks on business overhaul to focus on mainstays

South Korea’s second-largest conglomerate SK Group has embarked on a reshuffling process to focus on core units such as semiconductors and bat...

SK On invests in Yuilrobotics for its US battery plants

SK On invests in Yuilrobotics for its US battery plants

SK On Co., the world’s fifth-largest electric vehicle battery producer, is slated to invest in South Korean robot automation system developer ...

South Korea steps on accelerator for record 2024 car exports

South Korea steps on accelerator for record 2024 car exports

ASAN, South Chungcheong Province – At Hyundai Motor Co.'s manufacturing plant in Asan, over 60 km south of Seoul, thousands of robots were bus...

Hanwha Aerospace, Hanwha Ocean to develop hydrogen fuel cells

Hanwha Aerospace, Hanwha Ocean to develop hydrogen fuel cells

South Korea's Hanwha Aerospace Co. announced on Friday that it will join Hanwha Ocean Co. in a joint R&D initiative to target the eco-friendly...

Hyundai, Indonesia discuss hydrogen, EV cooperation

Hyundai, Indonesia discuss hydrogen, EV cooperation

Hyundai Motor Group Chairman Chung Euisun has discussed cooperation on hydrogen-fueled cars and electric vehicles (EVs) with the Indonesian economy ...

SM Bexel supplies $14.7 mn lithium ampoule batteries to KDI

SM Bexel supplies $14.7 mn lithium ampoule batteries to KDI

SM Bexel Co., the battery manufacturing arm of South Korea's SM Group, announced on Tuesday that it signed a supply contract worth 20 billion won ($...

Hyundai to develop hydrogen supercar for launch in 2026

Hyundai to develop hydrogen supercar for launch in 2026

Hyundai Motor Group, the global No. 3 automaker, is set to develop the world’s first hydrogen-powered supercar for launch in 2026 as the South...

LG Energy wins estimated $1 bn ESS battery deal from Qcells

LG Energy wins estimated $1 bn ESS battery deal from Qcells

LG Energy Solution Ltd., the world’s third-largest battery maker, won an estimated $1 billion energy storage system (ESS) deal from the US uni...

SK Signet to supply EV chargers to Gilbarco

SK Signet to supply EV chargers to Gilbarco

SK Signet Inc., South Korea's electric vehicle (EV) charger manufacturer, announced on Thursday that it partnered with Gilbarco Veeder-Root, the wor...

Hyundai Glovis to build waste battery management in Jeju

Hyundai Glovis to build waste battery management in Jeju

South Korea's Hyundai Glovis Co. will establish a management system for used electric vehicle (EV) batteries in Jeju Island. The company anno...

Hanmi to fire founder's wife, entering new round of family feud

Hanmi to fire founder's wife, entering new round of family feud

South Korea’s Hanmi Pharmaceutical Group is set to enter a new chapter of an ongoing family feud less than two months after the founding famil...

South Korea Plans $7 Billion Push to Pivot EV Battery Industry Away From China

South Korea Plans $7 Billion Push to Pivot EV Battery Industry Away From China

South Korea is dedicating around $7 billion to help wean its electric-vehicle battery supply chain away from China and align more with U.S. trade gu...

Aekyung Chemical develops hard carbon of SIB

Aekyung Chemical develops hard carbon of SIB

South Korea's Aekyung Chemical Co. announced on Wednesday that it developed a high-performance hard carbon material that functions as the main anode...

Kia unveils teaser images for all-electric EV3

Kia unveils teaser images for all-electric EV3

Kia Corp. the second-largest automaker in South Korea, unveiled the first teaser images and video of the upcoming third all-electric sports utility ...

Biden exempts graphite from EV mineral sourcing rule in win for Korea

Biden exempts graphite from EV mineral sourcing rule in win for Korea

WASHINGTON, D.C. – The US government has given automakers additional flexibility on battery mineral requirements, allowing electric vehicles w...

Hyundai, Kia US car sales dip in April; EVs outperform

Hyundai, Kia US car sales dip in April; EVs outperform

Hyundai Motor Co. and Kia Corp., under Hyundai Motor Group, suffered a drop in US car sales last month for a second month in a row, while rising sal...

Korean battery maker SK On expects business turnaround in H2

Korean battery maker SK On expects business turnaround in H2

SK On Co., the battery unit of South Korea’s top energy company SK Innovation Co., said on Monday it expects a business turnaround in the seco...

Kakao joins hands with LG Uplus to enter EV charger market

Kakao joins hands with LG Uplus to enter EV charger market

Kakao Mobility Corp., South Korea’s largest taxi-hailing platform, is set to make inroads into the electric vehicle charging market by setting...

HYBE conflict vs NewJeans label set to escalate into legal battle

HYBE conflict vs NewJeans label set to escalate into legal battle

HYBE Co., the company behind boy band BTS, has reported Min Hee-jin, the chief of popular girl group NewJeans’ label ADOR, to police for inves...

S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge