EV output expansion

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...

South Korean game developers and publishers are increasingly building business alliances with players in the content industry through equity investm...

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 ...

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 ...

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...

Coffeebanhada, a South Korean budget coffee chain operator, is seeking to attract investment from private equity funds and strategic investors.Accor...

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

Samsung Electro-Mechanics is expected to benefit as the COVID-19 has hit its competitors in the global multi-layer ceramic capacitor (MLCC) market.T...

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

Hanwha Solutions are seeking to buy Samsung Electro-Mechanics’ Wi-Fi module unit in a move to enhance its wireless communication division, a k...

In September 2020, Krafton Inc.’s blockbuster game PlayerUnknown’s Battlegrounds (PUBG) hit a major roadblock. India prohibited Chinese ...

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...

Shares of LG Chem Ltd. and LG Electronics Inc. fell sharply on Monday in Seoul following General Motors Co.’s announcement on Friday that it w...

Shares in global carmakers such as Hyundai Motor Co. and Toyota Motor Corp. are tumbling. The automotive chip shortage is expected to deteriorate fu...

Hyundai Motor Co. on Thursday unveiled the design of the GV60, the luxury Genesis brand’s first electric vehicle that sits on the E-GMP, the...

Hyundai Motor Co. will delay the much-anticipated launch of the IONIQ 6, the top South Korean automaker’s second all-electric vehicle on an ex...

Naver Corp., South Korea’s top online portal, is set to acquire 20% of Cafe24, a Seoul-based global e-commerce solutions provider, to expand i...

Hyundai Motor Co.’s first all-electric car IONIQ 5 is making a strong debut this year in Norway, the principal battlefield in Europe for globa...

US and European governments are pressing harder with tough regulations to expand electric vehicles (EV) adoption for cutting emission. Global automa...

Hyundai Motor Co. has sold more than four times of eco-friendly cars in the US compared to last year. The company said on Aug. 5 that the number of ...

South Korea’s exports hit a record high in July on strong shipments of both main products such as cars and chips, as well as new growth ones i...

Hyundai Motor Group and LG Energy Solution Ltd. will invest $1.1 billion in an electric vehicle (EV) battery cell factory in Indonesia to capture As...

LG Electronics Inc. completed a stock sale deal with Canadian auto parts maker Magna International Inc. for an electric vehicle (EV) powertrain join...

The share prices of South Korea’s major steelmakers, which observed a period of a downturn over the last two months, is making a rebound amid ...

Prices of core raw materials such as lithium and cobalt for electric vehicle (EV) batteries jumped to threaten the global auto industry’s key ...

Samsung SDI Co. plans to set up an electric vehicle (EV) battery plant in the US, joining South Korean battery producers’ move to gain ground ...

South Korea’s largest multichannel network (MCN) company Sandbox Network Inc. has made another major step forward in expanding its China busin...

South Korea’s top tire manufacturer Hankook Tire & Technology has again widened its client pool of electric vehicles (EVs). The company sa...

South Korea’s LG Group invested in an electric vehicle battery startup SES Holdings Pte (SES) in a bid to secure future growth business.LG Tec...

Samsung Electro-Mechanics, a South Korean electronic components maker, aims to expand its business in the booming electric vehicle (EV) parts market...