Euro 7 EV
Scope
Date
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Automobiles
Hyundai to spend $18 bn on EVs; Kia breaks ground on first PBV plant
South Korea’s largest automaker Hyundai Motor Group has unveiled its 2030 vision to become one of the world’s top three electric vehicle...
Apr 11, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire's iON evo tops Auto Bild's electric car tire test
Korean tire manufacturer Hankook Tire & Technology announced on Friday that its electric vehicle-dedicated high-performance tire, the iON evo, h...
Apr 07, 2023 (Gmt+09:00)
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Chemical Industry
Hanwha Solutions signs MOU with 7 companies for bio PVC biz
Hanwha Solutions Corp., a South Korean petrochemical company, is partnering with domestic polyvinyl chloride (PVC) companies to promote the commerci...
Apr 06, 2023 (Gmt+09:00)
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Automobiles
KG Mobility focuses on electric vehicle platform, self-driving tech
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 ...
Apr 05, 2023 (Gmt+09:00)
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Automobiles
Hyundai’s Chung urges US operations to double down after record Q1
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...
Apr 04, 2023 (Gmt+09:00)
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The KED View
Time for South Korea's answer to the US battery subsidy act
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...
Apr 04, 2023 (Gmt+09:00)
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Business & Politics
Robot dog Spot joins in S.Korea’s World Expo bid efforts
Spot, a dog-like robot developed by South Korea’s top automaker Hyundai Motor-owned Boston Dynamics Inc., has joined in the country’s bi...
Apr 03, 2023 (Gmt+09:00)
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Batteries
LG Energy tops global EV battery market excluding China
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...
Apr 03, 2023 (Gmt+09:00)
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Shareholder activism
S.Korean activist fund KCGI eyes foundry DB HiTek buyout
Korea Corporate Governance Improvement Fund (KCGI) is eyeing a controlling stake in DB HiTek Co. as the activist fund became the second-largest shar...
Mar 31, 2023 (Gmt+09:00)
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Korean chipmakers
Chip foundry DB HiTek's stock near 10-month peak on activist fund
South Korean leading foundry chipmaker DB HiTek’s stock price hit a near 10-month high this week as a domestic activist fund bought a stake to...
Mar 30, 2023 (Gmt+09:00)
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Korean food
US set to emerge as top global buyer of Korean kimchi: Daesang
South Korean kimchi exports to the US have soared since the pandemic as local distribution channels expanded and cooking at home increased, accordin...
Mar 28, 2023 (Gmt+09:00)
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Batteries
Korean battery firms seek benefits from US EV incentive details
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...
Mar 27, 2023 (Gmt+09:00)
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Batteries
LS Group completes nickel sulfate plant for EV batteries
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...
Mar 27, 2023 (Gmt+09:00)
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Automobiles
Korea’s LG Elec, POSCO Future M receive GM supplier awards
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 ...
Mar 26, 2023 (Gmt+09:00)
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Korean chipmakers
DB HiTek mulls $780 mn capex in foundry after fabless demerger
South Korea’s chip foundry company DB HiTek Co. is mulling about 1 trillion won ($780 million) in capital expenditures to enhance its foundry ...
Mar 23, 2023 (Gmt+09:00)
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Electric vehicles
EV fast-charging company Crocus succeeds in $5 mn Series B funding
Crocus Inc., a South Korean startup focused on energy infrastructure and leveraging artificial intelligence (AI), announced on Wednesday that it rai...
Mar 23, 2023 (Gmt+09:00)
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Bio & Pharma
PharmaResearch pays employees $7,706 bonus for having 3rd child
With South Korea setting new lows in birth rate every year, PharmaResearch on Wednesday said it will adopt an unprecedented system of childbirth and...
Mar 23, 2023 (Gmt+09:00)
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Energy
Korea Western Power lands nation's first solar power order in Oman
Korea Western Power Co. (KOWEPO) has won its country's first project in solar power generation in Oman.The company on Tuesday announced its successf...
Mar 22, 2023 (Gmt+09:00)
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Electric vehicles
LS E-Link partners with Logen to boost EV charging
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...
Mar 21, 2023 (Gmt+09:00)
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Robotics
Trouble with EV charging? Help is just a click away with Hyundai
Having trouble charging your electric vehicle at a charging station?With Hyundai Motor Co.'s automatic EV charging robot, help is just a click away....
Mar 21, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korea's KSOE lands $240 mn order for LPG carriers
Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding intermediate holding company of South Korea's HD Hyundai Group, said on Monday ...
Mar 21, 2023 (Gmt+09:00)
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Batteries
Hanwha Solutions secures 9.7% stake in US battery materials company
Hanwha Solutions Corp., a South Korean company focused on energy services, petrochemicals and real estate development, recently acquired a 9.73% sta...
Mar 20, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Motor, Kia to research EV energy with three universities
Hyundai Motor Co. and Kia Corp. will form a research ecosystem for sustainable electric vehicle (EV) energy with Seoul National University, Chung-An...
Mar 17, 2023 (Gmt+09:00)
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Batteries
Korea EV cell makers unveil new products to expand market
South Korea’s electric vehicle battery makers on Wednesday unveiled prototypes of new products, especially lithium iron phosphate (LFP) models...
Mar 16, 2023 (Gmt+09:00)
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Batteries
LS Electric unveils innovative solutions at Korea, Japan energy exhibitions
LS Electric Co., Ltd., an industrial electric solutions company from South Korea, is set to showcase innovative solutions at smart energy exhibition...
Mar 15, 2023 (Gmt+09:00)
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Rights offerings
Hyundai Asan to sell $30.7 million worth of shares for capital restructuring
Hyundai Asan Co. under South Korean conglomerate Hyundai Group will raise 40 billion won ($30.7 million) in its seventh share sale since it was forc...
Mar 15, 2023 (Gmt+09:00)
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Airlines
Eastar Jet to add 7 airplanes with aim to rake in $111.2 mn in 2023 sales
Eastar Jet Co., a South Korean low-cost airline, will expand its fleet to 10 aircraft this year to resume flight services at home and abroad about t...
Mar 14, 2023 (Gmt+09:00)
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Electric vehicles
SK Networks renames its EV charger unit to SK Electlink
SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, said on Monday that it has changed t...
Mar 13, 2023 (Gmt+09:00)
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Petrochemicals
Hyundai E&C consortium breaks ground on $7 bn S-Oil Shaheen project
A South Korean consortium led by Hyundai Engineering & Construction Co. has embarked on building 9.26 trillion won ($7 billion) petrochemical fa...
Mar 10, 2023 (Gmt+09:00)
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Corporate governance
SK Group affiliates hire more female outside directors
Major affiliates of South Korea’s SK Group are recruiting a large number of female outside directors with the arrival of the season of regular...
Mar 10, 2023 (Gmt+09:00)
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