EV output expansion

Hyundai Motor Group's electric vehicle (EV) sales have exceeded 100,000 units in the first quarter of this year, driven by the strong sales of its f...

South Korea’s online fashion platform Musinsa saw sales last year surge over 50% to break the 700 billion won ($537.7 million) mark, though op...

South Korea's Shinsegae Department Store has launched activities to support the overseas expansion of up-and-coming domestic fashion brands. The com...

South Korea’s top automaker Hyundai Motor Co. is expected to enhance its presence in Indonesia, which has drastically reduced its value-added ...

Hyundai Motor Co. announced on Thursday that it launches the second-generation Kona EV, also known as the The All-New Kona Electric.The Kona Electri...

Nudge Healthcare, a startup that runs the South Korean health management app Cashwork, on Wednesday said it secured its first investment of 30 billi...

Tesla Inc.’s South Korean business has been worsening in recent months due to the lack of new models launched in the country amid Seoul’...

Memory chip prices are staging a rebound for the first time in more than a year following Samsung Electronics Co.'s near-term production cut, b...

South Korea's POSCO Group and Japan's Honda Motor signed a comprehensive memorandum of understanding (MOU) on Tuesday to expand cooperation in the e...

South Korea’s antitrust body on Tuesday fined Alphabet Inc.’s Google LLC and its regional arms 42.1 billion won ($32 million) for allege...

LS Corp., a holding company of South Korea's LS Group, has seen its enterprise value swell by nearly 1 trillion won ($760 million) over the past yea...

South Korea’s largest automaker Hyundai Motor Group has unveiled its 2030 vision to become one of the world’s top three electric vehicle...

Samsung Electronics Co. has joined its peers in cutting memory chip production on its chip division’s anticipated first loss in more than a de...

South Korea’s Hanwha Solutions Corp. is set to sell 2.5 million modules to US community solar programs through the largest-ever supply deal fo...

Korean tire manufacturer Hankook Tire & Technology announced on Friday that its electric vehicle-dedicated high-performance tire, the iON evo, h...

Samsung Electronics Co., the world’s largest memory chipmaker, said on Friday it is curtailing chip production after its semiconductor busines...

South Korea's KG Mobility (formerly Ssangyong Motor Co.) says it will actively target not only Europe and the US but also niche markets in emerging ...

Hyundai Motor Group Chairman Chung Euisun on Tuesday urged its US operations to work harder after its two automaking units, Hyundai Motor Co. and Ki...

Samsung Electronics Co., the world’s largest smartphone maker, is set to spend 4.1 trillion won ($3.1 billion) on a new organic light-emitting...

The latest guidelines on US subsidies for electric vehicles under the Inflation Reduction Act come as a relief in every sense to South Korean batter...

South Korea's LG Energy Solution Ltd. in January and February maintained its No. 1 position on the global market for electric vehicle (EV) batteries...

South Korea's logistics company Hyundai Glovis Co. on Monday said it signed a memorandum of understanding on the clean hydrogen and ammonia business...

South Korea’s battery industry has high hopes for details on requirements for US tax credits on electric vehicles to be announced this week as...

South Korea’s LS Group said on Monday it has completed construction of a new plant to produce nickel sulfate, a key raw material for next-gene...

South Korea’s LG Electronics Inc. and POSCO Future M said on Sunday that they won annual supplier awards from US top automaker General Motors ...

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday it is investing 7.2 trillion won ($5.6 billion) to build a b...

Crocus Inc., a South Korean startup focused on energy infrastructure and leveraging artificial intelligence (AI), announced on Wednesday that it rai...

South Korea’s Kakao Mobility Corp. said on Wednesday it has acquired the British ride-hailing startup Splyt, marking the first overseas takeov...

LS E-Link, a new corporation of South Korea's LS Group that specializes in electric vehicle (EV) charging infrastructure and operation, has signed a...

South Korea's battery component maker POSCO Future M, formerly POSCO Chemical, on Tuesday said it will build its first plant solely for cathode mate...