Hyundai high-performance EV
Scope
Date
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Corporate strategy
Hyundai Motor cuts 2030 sales goals as EV chasm likely protracted
South Korean top automaker Hyundai Motor Co. has slashed its long-term vehicle sales targets by 6% as it prepares for aggressive marketing by Chines...
Sep 19, 2024 (Gmt+09:00)
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Mergers & Acquisitions
MBK not to sell Korea Zinc to China after tender offer
MBK Partners Ltd. does not plan to sell Korea Zinc Inc., the world’s largest zinc and lead smelter, to China if MBK's takeover bid of up to 2 ...
Sep 19, 2024 (Gmt+09:00)
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Korean stock market
Mirae Asset named as Best Securities House in S.Korea by Euromoney
Mirae Asset Securities announced on Thursday that it has been named “Best Securities House in South Korea” at the Euromoney Securities H...
Sep 19, 2024 (Gmt+09:00)
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Travel & Leisure
Rising overseas trips to raise Korea’s travel account deficit
Demand for overseas travel among South Koreans during the upcoming holiday grew, while the number of inbound tourists from China is expected to shri...
Sep 14, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor’s IONIQ 5: Pope Francis’ Popemobile in Singapore
Pope Francis on Friday wrapped up his 12-day visit to the Asia-Pacific region with a visit to Singapore, where less than 10% of the population ident...
Sep 13, 2024 (Gmt+09:00)
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Leadership & Management
MBK, Young Poong seek $1.5 bn hostile bid for Korea Zinc
MBK Partners Ltd., the North Asia-focused private equity firm, is set to take over Korea Zinc Inc. through an up to 2 trillion won ($1.5 billion) ho...
Sep 13, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia win 12 awards at IDEA Design Awards
Hyundai Motor Co. and Kia Corp. announced on Friday that they won a total of 12 awards, including three Gold Awards, at the 2024 International Desig...
Sep 13, 2024 (Gmt+09:00)
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Automobiles
BMW, GS, LG open EV charging hub lounge in Seoul
BMW Group Korea said on Thursday it opened the electric vehicle (EV) Charging Hub Lounge with GS Group and LG Group in Hoehyeon-dong, Seoul.The Char...
Sep 13, 2024 (Gmt+09:00)
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Chemical Industry
Doosan completes high-end copper foil plant in Gimje, Korea
South Korea's Doosan Corp. completed the construction of a high-end copper foil plant to produce materials widely used in automotive electronic comp...
Sep 13, 2024 (Gmt+09:00)
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Automobiles
Hyundai, GM deepen ties to jointly develop cars
South Korea’s auto juggernaut Hyundai Motor Co. and US auto giant General Motors Co. will explore ways to jointly develop new vehicles and sou...
Sep 12, 2024 (Gmt+09:00)
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Construction
Hyundai opens climate change response edu Center in Vietnam
South Korea's Hyundai Engineering Co. said on Thursday that it has established a climate change response education center in Thanh Hoa Province, Vie...
Sep 12, 2024 (Gmt+09:00)
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Construction
HD Hyundai affiliates participate in Mining Indonesia 2024
South Korea's HD Hyundai Construction Equipment Co. and HD Hyundai Infracore Co. announced on Wednesday that they participated in Mining Indonesia 2...
Sep 11, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia EVs named Wards 10 Best Engines
Hyundai Motor Group said on Tuesday that the powertrain system mounted on its dedicated electric vehicle platform, E-GMP, has been named one of the ...
Sep 10, 2024 (Gmt+09:00)
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Tech, Media & Telecom
KT applies AIoT video surveillance to EV charging stations
South Korea's KT Corp. said on Monday that it will expand its Artificial Intelligence Internet of Things (AIoT) video surveillance business to elect...
Sep 09, 2024 (Gmt+09:00)
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Automobiles
Hyundai's Casper, Tesla boost Korea’s online car sales
South Korea’s online car sales are expected to exceed 5 trillion won ($3.7 billion) and hit a record high this year, driven by rising internet...
Sep 09, 2024 (Gmt+09:00)
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Automobiles
Hyundai IONIQ 6 named best EV by Kelley Blue Book
Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the best electric vehicle (EV) by Kelley Blue Book, the US vehicle valuation and automotiv...
Sep 09, 2024 (Gmt+09:00)
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Korean games
No Korean firms make it onto Korea’s top five mobile games list
No South Korean game titles developed by domestic game developers made it onto the list of the country’s top five mobile games last month, ind...
Sep 06, 2024 (Gmt+09:00)
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Artificial intelligence
Pulley Campus, Yonsei Univ. to co-work on educational AI services
Freewheelin, which operates the AI courseware Pulley Campus for university education, said on Friday that it signed an industry-academia cooperation...
Sep 06, 2024 (Gmt+09:00)
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Construction
HD Hyundai establishes customization plant in Georgia, US
South Korea's HD Hyundai XiteSolution said on Friday that its construction equipment affiliates HD Hyundai Construction Equipment Co. and HD Hyundai...
Sep 06, 2024 (Gmt+09:00)
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Healthcare
Hyundai Department to triple healthcare sales by 2030 with Nestle
Hyundai Department Store Group, a South Korean conglomerate controlling retail, fashion, healthcare and lifestyle businesses, aims to triple its hea...
Sep 06, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia post record August US sales, driven by hybrids, EVs
South Korea’s Hyundai Motor Co. and its sister firm Kia Corp. saw their US vehicle sales in August rise to all-time highs, driven by eco-frien...
Sep 05, 2024 (Gmt+09:00)
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Electric vehicles
Mercedes-Benz EV sales tumble in South Korea after fire
German luxury carmaker Mercedes-Benz AG suffered a nosedive in EV sales in South Korea in August after a fire broke out in one of its electric vehic...
Sep 05, 2024 (Gmt+09:00)
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Business & Politics
Hyundai Motor Group to nurture young talent in Indonesia
Hyundai Motor Group said on Wednesday that it held the inaugural ceremony for the first cohort of H-Jump School Indonesia in Jakarta, Indonesia, the...
Sep 04, 2024 (Gmt+09:00)
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Automobiles
Hyundai Transys tops JD Power's car seat quality evaluation
South Korea's Hyundai Transys Inc., an auto parts affiliate of Hyundai Motor Group, said on Wednesday that it ranked first for the first time in the...
Sep 04, 2024 (Gmt+09:00)
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Electronics
LG Elec unveils gram laptop featuring Intel Series 2
LG Electronics Inc. unveiled its latest LG gram laptop on Wednesday, powered by Intel's new Intel Core Ultra processor (Series 2) during an ...
Sep 04, 2024 (Gmt+09:00)
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Batteries
POSCO to invest in Tanzanian mine to cut Chinese graphite imports
POSCO Group, South Korea’s steel and battery material conglomerate, is set to invest in the world's second-largest graphite reserve, in Tanzan...
Sep 03, 2024 (Gmt+09:00)
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Electronics
HD Hyundai Electric to build 3rd circuit breaker factory
HD Hyundai Electric Co., a South Korean electric power distribution equipment manufacturer, will spend 120 billion won ($89 million) to build its th...
Sep 03, 2024 (Gmt+09:00)
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Korean food
South Koreans puzzled over rising seaweed prices despite bumper crop
Dried seaweed prices are rising at a fast pace despite handsome growth in production, leaving South Koreans puzzled over what is behind the steep pr...
Sep 02, 2024 (Gmt+09:00)
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Electric vehicles
Toyota chairman to visit Seoul, discuss hydrogen cars with Hyundai’s Chung
Akio Toyoda, chairman of Japan’s top automaker Toyota Motor Corp., will fly to Seoul in late October to meet with Hyundai Motor Group Chairman...
Sep 02, 2024 (Gmt+09:00)
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Automobiles
Hyundai unseats Volvo as No. 1 truck brand in Korea
Hyundai Motor Co. has unseated construction truck leader Volvo in South Korea for the first time, driven by its flagship Xcient Pro model that sent ...
Sep 02, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet