Hyundai Motor battery swapping
Scope
Date
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Batteries
LG Energy to spend more on battery capacity expansion
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to spend more on global capacity expansion than init...
Apr 27, 2022 (Gmt+09:00)
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Future mobility
Hyundai opens world's first UAM takeoff, landing area in UK
South Korea's Hyundai Motor Group has opened the world's first urban air mobility (UAM) takeoff and landing area in central England.Supernal LLC, Hy...
Apr 27, 2022 (Gmt+09:00)
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Batteries
Lotte Chemical, Soelect in $200 million JV for advanced batteries
South Korea’s Lotte Chemical Corp. is advancing into the electric vehicle battery market by forming a $200 million joint venture with US batte...
Apr 26, 2022 (Gmt+09:00)
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Corporate governance
Carlyle visits Hyundai Glovis seeking measures to boost value
The Carlyle Group, a US private equity giant, visited South Korea’s Hyundai Glovis Co. last week to discuss steps to boost the value of the Hy...
Apr 25, 2022 (Gmt+09:00)
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Earnings
Hyundai, Kia see Q1 profits soar, aim for strong 2022 despite dim outlook
South Korea’s two largest automakers – Hyundai Motor Co. and Kia Corp. – on Monday posted strong first-quarter earnings, driven by...
Apr 25, 2022 (Gmt+09:00)
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Batteries
LG Chem, Korea Zinc to set up battery material JV
LG Chem Ltd. and Korea Zinc Inc. will set up a joint venture to produce precursor, a key material in the production of cathode materials for electri...
Apr 24, 2022 (Gmt+09:00)
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Hydrogen economy
Hyundai Rotem to kick off liquid hydrogen fueling station project
Hyundai Rotem Co., a South Korea’s railway system maker under Hyundai Motor Group, said on Friday that it has won a demonstration project to b...
Apr 22, 2022 (Gmt+09:00)
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Electric vehicles
LG Magna breaks ground for EV parts factory in Mexico
LG Magna e-Powertrain Co. broke ground on Tuesday for a factory to produce electric vehicle components in Mexico to meet the growing demand for eco-...
Apr 20, 2022 (Gmt+09:00)
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Future mobility
Hyundai Motor expands partnership with quantum computing firm IonQ
IonQ and Hyundai Motor Co. announced a new project on Wednesday designed to apply quantum machine learning to image classification and 3D object det...
Apr 20, 2022 (Gmt+09:00)
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Metaverse
Hyundai Motor enters metaverse sphere in tie-up with Meta Kongz
South Korea’s top automaker Hyundai Motor Co. has announced its foray into the non-fungible token market in partnership with Meta Kongz, an NF...
Apr 19, 2022 (Gmt+09:00)
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Batteries
SK On bidders weigh growing risks of battery makers
Some of the four shortlisted bidders for South Korea's SK On Co. recently went back to the drawing board to assess the value of the world's No. 5 el...
Apr 18, 2022 (Gmt+09:00)
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Batteries
LG Energy-led group to set up $9 bn Indonesia battery value chain
A consortium led by LG Energy Solution Ltd., the global No. 2 electric vehicle battery maker, will invest $9 billion in a battery value chain in Ind...
Apr 18, 2022 (Gmt+09:00)
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Future mobility
Hilton Seoul to transform into UAM landing area
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) plans to build the country's first landing area for urban air mobility (U...
Apr 18, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korea shipbuilders shine in cloudy stock market on strong orders
South Korean shipbuilders’ shares stood high in the subdued local stock market as strong order books stoked predictions of earnings improvemen...
Apr 18, 2022 (Gmt+09:00)
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Electric vehicles
IONIQ 5 emerges as EV game changer with industry accolades
NEW YORK – Hyundai Motor Co.'s all-electric IONIQ 5 crossover has been named the World Car of the Year following a series of recent indus...
Apr 14, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai to build EVs at US plant; Electrified GV70 to roll out in Dec.
NEW YORK – Hyundai Motor Co. is spending $300 million to add an electric vehicle production line to its manufacturing plant in Alabama as the ...
Apr 13, 2022 (Gmt+09:00)
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Automobiles
Hyundai’s Chung named auto industry Visionary of the Year
Hyundai Motor Group Chairman Chung Euisun was named the automobile industry's Visionary of the Year by Newsweek, which credited him for driving tran...
Apr 13, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai to tackle EV rivals head on at New York auto show
NEW YORK – Hyundai Motor Co. and its affiliate Kia Corp. are set to fully unveil their redesigned vehicles at the upcoming New York Auto Show ...
Apr 12, 2022 (Gmt+09:00)
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Batteries
China’s tighter grip on minerals boosts costs for Korean battery makers
South Korea’s major battery makers and materials suppliers are suffering from soaring battery raw materials prices as China is tightening its ...
Apr 12, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai Motor unveils new EV charging platform to take on Tesla
Hyundai Motor Co. on Monday unveiled a new electric vehicle charging service platform as the top South Korean automaker takes on global rival Tesla ...
Apr 11, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Ssangyong Motor sale likely a duel between KG Group, Ssangbangwool
The sale of troubled sport utility vehicle maker Ssangyong Motor Co. is likely to be a duel between chemicals conglomerate KG Group and SBW Group, a...
Apr 11, 2022 (Gmt+09:00)
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ESG bonds
POSCO Chemical to raise $244 mn in green bonds
POSCO Chemical Co., South Korean steelmaker POSCO Group’s chemical and battery material unit, said on April 8 that it will issue green bonds w...
Apr 08, 2022 (Gmt+09:00)
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Batteries
POSCO Chem breaks ground for battery material plant
South Korea’s POSCO Chemical Co. started construction of a battery material plant in the country as a part of its plan to boost production cap...
Apr 07, 2022 (Gmt+09:00)
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Mergers & Acquisitions
KG Group, Cactus PE to join race for Ssangyong Motor
South Korea’s KG Group, a chemicals conglomerate, and Cactus Private Equity, are joining the race for Ssangyong Motor Co., up for sale again n...
Apr 06, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia rank fifth in global electric vehicle sales
South Korea’s two largest automakers, Hyundai Motor Co. and Kia Corp., ranked fifth in terms of electric vehicle sales, which posted triple-di...
Apr 06, 2022 (Gmt+09:00)
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Batteries
Korea’s battery trio cornered by Chinese rivals’ overseas advance
China’s leading battery makers are actively advancing into overseas markets with plans to build manufacturing factories close to their clients...
Apr 04, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia outperform competitors in US in Q1
Hyundai Motor Co. and Kia Corp., automaking units of Hyundai Motor Group, logged a smaller decline in US car sales than their global competitors in ...
Apr 04, 2022 (Gmt+09:00)
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IPOs
SK Innovation to list battery unit 2025 at earliest
South Korean SK Innovation Co. does not expect to list its battery subsidiary until at least 2025, the company’s chief executive said on Thurs...
Mar 31, 2022 (Gmt+09:00)
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Korean stock market
Hyundai Motor shares set to rebound after hitting trough
South Korean top automaker Hyundai Motor Co.'s shares are poised for a rebound. On March 30, the stock rose by 2.55% to 181,000 won ($149.46), 11.73...
Mar 31, 2022 (Gmt+09:00)
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Hyundai E&C, Holtec sign nuclear power plant decommissioning deal
Hyundai Engineering & Construction Co. is tapping into the US nuclear power plant dismantlement market by expanding its partnership with Holtec ...
Mar 31, 2022 (Gmt+09:00)
Latest News
- 1 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 2 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 3 President Lee: Businesses at center of policy priorities for economic growth
- 4 Samsung supplies HBM3E to AMD’s new accelerators
- 5 Seoul agrees to reduce Jakarta’s KF-21 cost share by two thirds