KIa Mexico plant
Scope
Date
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Batteries
Ecopro to develop lithium mine in Nevada with Australian firm
South Korean battery materials maker EcoPro Co. announced on Wednesday its subsidiary EcoPro Innovation signed a memorandum of understanding (MOU) w...
Nov 01, 2023 (Gmt+09:00)
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Bio & Pharma
Lotte builds US antibody-drug conjugate plant with $82 mn
South Korea’s Lotte Biologics Co. is establishing an antibody-drug conjugate (ADC) factory in Syracuse, New York, with an investment of 110 bi...
Oct 31, 2023 (Gmt+09:00)
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Carbon neutrality
SK Group to step up renewable energy push in Vietnam
SK Group will strengthen its partnership with the Vietnamese government to boost eco-friendly business in areas ranging from carbon capture to waste...
Oct 30, 2023 (Gmt+09:00)
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Earnings
Kia’s Q3 profit soars; groupwide design centers revamped
Kia Corp., South Korea’s second-largest automaker, said on Friday that its third-quarter net profit rose fourfold from a year earlier thanks t...
Oct 27, 2023 (Gmt+09:00)
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Automobiles
Kia reveals exterior design of the new Carnival
Kia Corp., South Korea’s second-largest automaker, unveiled the new exterior design of its flagship large leisure vehicle Carnival on Friday. ...
Oct 27, 2023 (Gmt+09:00)
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Energy
DL E&C, Saudi SWCC team up for carbon neutrality
South Korea's DL E&C Co. announced on Monday it signed a memorandum of understanding (MOU) for the application of small modular reactors (SMRs) ...
Oct 23, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, PIF to invest $500 mn to build car plant in Saudi Arabia
RIYADH – Hyundai Motor Co. has agreed with the Public Investment Fund, Saudi Arabia’s sovereign fund, to set up a joint venture to build...
Oct 23, 2023 (Gmt+09:00)
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Batteries
Samsung SDI inks first battery supply deal with Hyundai
Samsung SDI Co. said on Monday it has signed its first supply agreement with Hyundai Motor Co. to become the South Korean carmaker’s third dom...
Oct 23, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia aim for 20% share in Middle East with EVs by 2030
Hyundai Motor Co. and its sibling Kia Corp. together target selling 550,000 cars annually in the Middle East by 2030 to control about 20% of the reg...
Oct 20, 2023 (Gmt+09:00)
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Artificial intelligence
SK C&C AI diagnostic service checks Doosan Enerbility’s plants
SK C&C, a systems integration affiliate of South Korea’s SK Group, on Thursday said it will provide diagnostic services based on generativ...
Oct 20, 2023 (Gmt+09:00)
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Steel
POSCO completes automotive steel plates plant in China
South Korea’s POSCO announced on Thursday it completed the new plant for automotive steel plates in Tangshan, Hebei province, China.As a joi...
Oct 19, 2023 (Gmt+09:00)
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Bio & Pharma
Daewoong Pharma's GER drug gets product OK from Mexico
South Korea’s Daewoong Pharmaceutical on Wednesday said its gastroesophageal reflux (GER) disease drug Fexuclue (active ingredient fexuprazan ...
Oct 19, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia sign power chip supply, tech tie-up deal with Infineon
South Korea’s top automaker Hyundai Motor Group has formed a strategic partnership with German chipmaker Infineon Technologies AG to secure a ...
Oct 18, 2023 (Gmt+09:00)
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Electric vehicles
POSCO Int’l completes Mexico EV motor core plant for N.American market
POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., concluded construction on an electric...
Oct 18, 2023 (Gmt+09:00)
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Future mobility
Hyundai’s Supernal, Kia showcase flying car, military drones at ADEX 2023
South Korea’s top automaker Hyundai Motor Group is showcasing the concept of its electric flying car and hydrogen-powered military drones unde...
Oct 17, 2023 (Gmt+09:00)
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Robotics
Robot dog Spot patrols Kia auto plant late at night
South Korean carmaker Kia Corp. ’s plant in Hwaseong, a southern suburb of Seoul in Gyeonggi Province, is guarded late at night by Spot, a fou...
Oct 17, 2023 (Gmt+09:00)
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Automobiles
Korean cars' gap vs. Japanese to narrow in UAE under CEPA
South Korean carmakers are expected to rapidly catch up to their Japanese rivals in the United Arab Emirates (UAE) after their home country and the ...
Oct 16, 2023 (Gmt+09:00)
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Food & Beverage
HiteJinro to build first overseas soju plant in Vietnam
South Korea's leading soju maker HiteJinro Co. on Monday unveiled its plan to build a plant in Vietnam. HiteJinro Singapore confirmed a lease a...
Oct 16, 2023 (Gmt+09:00)
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Electric vehicles
Kia to build 2nd purpose-built vehicle plant in Korea
Kia Corp., South Korea’s second-largest automaker, plans to build another purpose-built vehicle (PBV) factory in the country, despite the risk...
Oct 13, 2023 (Gmt+09:00)
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Automobiles
Kia holds first Global Distributors Convention in 5 years
South Korea's Kia Corp. held a global distributors convention for the first time in five years, sharing medium to long-term business strategies, inc...
Oct 13, 2023 (Gmt+09:00)
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Electric vehicles
Kia unveils low-cost EV models to reboot sales growth
Kia Corp., South Korea’s No. 2 automaker, showcased new low-cost electric vehicles on Thursday to boost the slowing growth in clean automobile...
Oct 12, 2023 (Gmt+09:00)
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Energy
KHNP closes in on Romania’s nuclear plant refurbishment project
Korea Hydro and Nuclear Power Co. (KHNP) is eyeing to participate in a project to refurbish Romania-based Cernavoda Nuclear Power Plant’s unit...
Oct 12, 2023 (Gmt+09:00)
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Korean chipmakers
SGC eTEC E&C completes chip packaging plant in Vietnam
South Korea's SGC eTEC E&C Co. on Thursday announced the completion of a cutting-edge semiconductor packaging facility in Vietnam's Yen Phong 2C...
Oct 12, 2023 (Gmt+09:00)
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Food & Beverage
KT&G breaks ground on new plant in Kazakhstan
South Korea's KT&G Corp., the world’s fifth-largest tobacco maker, announced on Thursday the commencement of its new factory's constructio...
Oct 12, 2023 (Gmt+09:00)
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Batteries
Samsung SDI, Stellantis to build 2nd US EV battery plant in Indiana
Kokomo, Indiana, will be the site of the second electric vehicle (EV) battery plant in the US of South Korea’s Samsung SDI Co. and the Netherl...
Oct 12, 2023 (Gmt+09:00)
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Batteries
LG Chem to supply cathode materials to Toyota's N.American plant
LG Chem Ltd. will supply cathode materials to Toyota Motor's North American battery plant, with the South Korean company concluding its second long-...
Oct 11, 2023 (Gmt+09:00)
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Bio & Pharma
SK Plasma gets investment from Indonesian fund
South Korea’s SK Plasma on Tuesday said it signed a term sheet, or a nonbinding agreement on the basic terms and conditions of an investment, ...
Oct 10, 2023 (Gmt+09:00)
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Batteries
Kia to form private-public partnership for EV battery recycling
South Korea's Kia Corp. revealed a plan for the first domestic private-public partnership and initiating a pilot project to create a recycling ecosy...
Oct 06, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia to adopt Tesla’s charging standard for EVs
Hyundai Motor Co. and Kia Corp. have joined Tesla's Supercharger network for electric vehicles (EV).The North American branches of the two South Kor...
Oct 06, 2023 (Gmt+09:00)
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Steel
Hyundai Steel aims to reduce reliance on Hyundai, Kia
South Korea's Hyundai Steel Co. is aiming to reduce its dependence on its affiliates Hyundai Motor Co. and Kia Corp. to become one of the world&rsqu...
Oct 05, 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