EV charging systems
Scope
Date
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Automobiles
Hyundai Motor raises N.America workforce, cuts China staff
Hyundai Motor Co., South Korea’s top automaker, ramped up its workforce in North America by more than 50% last year where its presence is grow...
Jul 07, 2022 (Gmt+09:00)
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Automobiles
Infotainment, telematics define LG’s new future with $6.2 billion in orders
When LG Electronics Inc. surprised the market last year by announcing that it was exiting the mobile phone business, one of its mainstay businesses,...
Jul 05, 2022 (Gmt+09:00)
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Automobiles
Hyundai's IONIQ 6 wins accolades for streamlined design
Hyundai Motor Co.’s first all-electric sedan IONIQ 6 has received accolades from foreign media for its streamlined design and low chassis, whi...
Jul 04, 2022 (Gmt+09:00)
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Batteries
LG Energy surrenders No. 2 EV battery position to BYD
LG Energy Solution Ltd., South Korea’s leading battery maker, gave up its second-largest position in the global electric vehicle cell market...
Jul 04, 2022 (Gmt+09:00)
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Electric vehicles
LG Magna to spend $78 mn on China capacity expansion
LG Magna e-Powertrain Co. will invest $78 million in its Chinese plant of electric vehicle parts to meet growing demand in the world’s largest...
Jun 30, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai showcases IONIQ 6, electrified streamliner
Hyundai Motor Co. on Wednesday unveiled the design of the IONIQ 6, its first all-electric sedan on an exclusive EV platform, with which South Korea&...
Jun 29, 2022 (Gmt+09:00)
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Future mobility
SK Telecom expands system for self-driving in Seoul
SK Telecom Co., South Korea’s top mobile carrier, has expanded the area covered by the traffic control system for self-driving in Seoul, takin...
Jun 28, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia set for record profit with lower incentives than Toyota
South Korea’s two largest automakers – Hyundai Motor Co. and Kia Corp. – are expected to post their highest ever profit for the se...
Jun 27, 2022 (Gmt+09:00)
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Electric vehicles
LG Electronics, GS acquire AppleMango to launch EV charging business
LG Electronics Inc., in partnership with GS Group, is advancing into the electric vehicle charging service market by acquiring AppleMango Co., a Sou...
Jun 27, 2022 (Gmt+09:00)
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Batteries
Samsung SDI inks $6.6 bn deal for 60% of elecfoil needs
Samsung SDI Co., South Korea’s major battery maker, inked a $6.6 billion contract to secure 60% of its needs for elecfoil, an ingredient for c...
Jun 24, 2022 (Gmt+09:00)
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Automobiles
Hyundai Mobis’ smart cabin: Healthcare center on the move
Many traffic accidents are caused by drowsy driving, fatigue or the driver’s abnormal health conditions.Automakers around the world have str...
Jun 23, 2022 (Gmt+09:00)
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Electric vehicles
Kia Sportage speeds up Hyundai’s eco-friendly push
Kia Corp.'s Sportage plug-in hybrid electric vehicle (PHEV) was recently recognized as the best model in the segment by two influential German auto ...
Jun 19, 2022 (Gmt+09:00)
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Fiber & Textile
Envioneer, Toray to make super fibers for EV insulators
Envioneer Co., a South Korean composite materials manufacturer, and Toray Advanced Materials Korea Inc. joined forces to launch businesses of aromat...
Jun 16, 2022 (Gmt+09:00)
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Batteries
Samsung SDI to develop cylindrical batteries for Tesla, other EV makers
Leading South Korean battery maker Samsung SDI Co. is ramping up facilities for cylindrical batteries to supply its products to Tesla Inc. and oth...
Jun 16, 2022 (Gmt+09:00)
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Supply chain
Korean truck drivers end strike as govt agrees to extend wage guarantee
South Korea’s unionized truck drivers have decided to end their eight-day strike after the government agreed to extend minimum wage guarantees...
Jun 15, 2022 (Gmt+09:00)
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Energy
Danfoss installs energy-saving heating systems in Korea's tallest building
SONDERBORG, Denmark – Denmark’s eco-friendly energy system provider Danfoss has made inroads into South Korea, installing its energy-eff...
Jun 14, 2022 (Gmt+09:00)
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Corporate investment
SK Innovation to focus on small reactors, batteries, waste recycling
SK Innovation Co., the refinery and chemicals unit of South Korea’s second-largest conglomerate SK, is accelerating a shift toward eco-friendl...
Jun 13, 2022 (Gmt+09:00)
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Metaverse
Mirae Asset Securities develops world's first virtual trading system
Mirae Asset Securities Co. announced Thursday it has developed the prototype for the world’s first virtual trading system (VTS,) which allows ...
Jun 10, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Daewoo to develop offshore carbon capture tech with ABS, GasLog
South Korea’s major shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME), said on Friday it will join forces with marine asset ...
Jun 10, 2022 (Gmt+09:00)
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Logistics
CJ Logistics steps up automated distribution system in SE Asia
South Korea’s major logistics firm CJ Logistics Corp. is accelerating business expansion in Southeast Asia. It has started applying a homegrow...
Jun 09, 2022 (Gmt+09:00)
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Tech, Media & Telecom
SK Broadband applies quantum cryptography to Korea network
SK Broadband Co., a South Korean internet service provider, succeeded in using quantum cryptography for the government’s backbone communicatio...
Jun 09, 2022 (Gmt+09:00)
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Artificial intelligence
KAIST develops brain-like, large-scale memory system
The Korea Advanced Institute of Science & Technology (KAIST), a prestigious South Korean university, has developed a highly-reliable, large-scal...
Jun 08, 2022 (Gmt+09:00)
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Automobiles
Hyundai revs up car output amid signs of easing auto chip crunch
As the global chip supply shortage shows signs of easing, South Korea’s top automaker Hyundai Motor Co. is working down its order backlog by...
Jun 06, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia speed up expansion in European EV market
Hyundai Motor Co. and Kia Corp., South Korea’s top two automakers, are expanding their presence in Europe, the world’s second-largest el...
May 30, 2022 (Gmt+09:00)
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Batteries
SK On to bolster US business with Ford's EV pickup truck sales
SK On Co., South Korea’s leading electric vehicle battery manufacturer, is expected to improve production capacity as its client Ford Motor Co...
May 29, 2022 (Gmt+09:00)
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Batteries
POSCO, GM JV inks battery materials supply deal worth $16 bn
South Korea’s POSCO Chemical Co. and General Motors Co. on Friday agreed to set up a joint venture that will supply about 20 trillion won ($16...
May 27, 2022 (Gmt+09:00)
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Batteries
Samsung SDI, Stellantis pick Indiana for US EV battery plant
Samsung SDI Co., the world’s sixth-largest battery maker, and Dutch-domiciled multinational automaker Stellantis N.V. picked the state of...
May 24, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems joins hands with Italy's Leonardo for radar exports
South Korea’s Hanwha Systems Co. joined forces with Italy’s major defense maker Leonardo SpA on exports of advanced aircraft radars to i...
May 24, 2022 (Gmt+09:00)
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Robotics
Hyundai Wia likely to deploy smart robots at Georgia EV plant
Hyundai Wia Corp., an auto parts unit of Hyundai Motor Group, will likely deploy smart robots at the group’s first dedicated electric vehicle ...
May 24, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai to invest $10.5 bn in US EV, future mobility sectors
Hyundai Motor Group, South Korea’s top automaker, unveiled plans to spend $10.5 billion on the auto industry in the US through 2025 as it aims...
May 22, 2022 (Gmt+09:00)
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Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess