KIa Mexico plant
Scope
Date
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Factory suspension
Hyundai Motor to halt plant for a week; Kona, IONIQ 5 affected
South Korea’s top automaker Hyundai Motor Co. will halt its main plant in Ulsan for a week due to a component supply disruption, the latest si...
Mar 29, 2021 (Gmt+09:00)
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Batteries
SKIET to build additional battery separator plants in Poland
SK Innovation Co.’s material business arm SK IE Technology Co. (SKIET) is set to construct two additional electric vehicle battery separator p...
Mar 28, 2021 (Gmt+09:00)
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Electric vehicles
Kia fully unveils EV6 with new design philosophy
Kia Corp. has now revealed full images of the EV6, its first dedicated electric vehicle (EV), ahead of the car’s world premiere on Mar. 30. Th...
Mar 15, 2021 (Gmt+09:00)
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Automobiles
Hyundai, Kia set to change gear to revive China sales
Hyundai Motor Co. and Kia Corp. posted their worst results in China last year since they advanced into that neighboring market in 2002. Their Chines...
Mar 10, 2021 (Gmt+09:00)
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Batteries
LG Energy may build US, Europe plants to supply new batteries to Tesla
LG Energy Solution Ltd. may build an electric vehicle battery plant in the US to supply advanced battery cells to Tesla Inc. for its new models to b...
Mar 10, 2021 (Gmt+09:00)
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Electric vehicles
Kia reveals teaser of first dedicated EV model, EV6
Kia Corp. on Mar. 9 showcased teaser images and video clips of EV6 – its first dedicated electric vehicle (EV) built on Hyundai Motor Group&rs...
Mar 09, 2021 (Gmt+09:00)
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Automobiles
Hyundai Motor to introduce batch production system at local plant
South Korea’s Hyundai Motor Co. is considering introducing a new factory idea for its major local plant aimed at better responding to rising m...
Mar 08, 2021 (Gmt+09:00)
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Batteries
LG Energy, GM in talks to build 2nd EV battery plant in Tennessee
South Korea’s LG Energy Solution Ltd. is exploring building a second electric car battery plant in the US with joint venture partner General M...
Mar 05, 2021 (Gmt+09:00)
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Electronics
LG Display to invest $750 million in Vietnam OLED module plant
LG Display Co., a major South Korean display panel maker, will invest $750 million in its display plant in Vietnam to meet rising demand from electr...
Feb 08, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung mulls $17 billion Austin chip plant, seeks tax breaks
Samsung Electronics Co. is seeking tax breaks of $805.5 million from the US state of Texas in return for a new $17 billion chip plant, which the Sou...
Feb 05, 2021 (Gmt+09:00)
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Hydrogen economy
Hyosung, Linde to create world's largest liquid hydrogen plant
South Korea-based Hyosung Heavy Industries Corp. and global industrial gas supplier Linde plc. have agreed to establish the world's largest liquid h...
Feb 05, 2021 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia post strong US sales on SUV, Genesis
Hyundai Motor Co. and sister firm Kia Corp. posted strong January sales in the US, where the South Korean companies are working to refine their prof...
Feb 03, 2021 (Gmt+09:00)
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Electric vehicles
Kia shares jump on $3.6 bn Apple Car project news
Shares in Kia Corp. and South Korean automotive parts makers rose sharply on Wednesday, following a news report that Apple Inc. will make an initial...
Feb 03, 2021 (Gmt+09:00)
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Chief Executives
Kia aims to become purpose-built vehicle market leader: CEO
Kia Corp. recently dropped Motors from its name and changed the design and color of the logo that had represented the Korean automaker globally for ...
Feb 02, 2021 (Gmt+09:00)
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Korean chipmakers
SK Hynix completes construction of its largest $3.14 bn chip plant
SK Hynix Inc. has completed the construction of its largest chip plant, which will use cutting-edge technology to produce memory semiconductors to m...
Feb 01, 2021 (Gmt+09:00)
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Batteries
SK Innovation to build 3rd EV battery plant in Hungary for $2.3 bn
SK Innovation Co. will build its third electric-vehicle battery plant in Hungary for $2.29 billion, aiming to grab a greater share of the fast-growi...
Jan 29, 2021 (Gmt+09:00)
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Business & Politics
Samsung says fully ready for M&As; silent on US foundry plant
Samsung Electronics Co. is well-geared up to chase M&A deals and expand its facilities over the next three years to make full use of its cash ho...
Jan 28, 2021 (Gmt+09:00)
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Earnings
Kia delivers Q4 earnings surprise; operating profit hits all-time high
Kia Corp., South Korea’s second-largest automaker, on Wednesday posted a record quarterly operating profit on the back of strong sales of high...
Jan 27, 2021 (Gmt+09:00)
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Batteries
SKC to spend $600 mn to build copper foil plant in Malaysia
South Korea’s SKC Ltd. will build its first overseas plant of copper foils in Malaysia for 650 billion won ($588 million), as the chemical mat...
Jan 26, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung remains tight-lipped on new US chip plant reports
Samsung Electronics Co. was reported to be considering investing over $10 billion to build a new chip plant in the US. But the world’s top mem...
Jan 24, 2021 (Gmt+09:00)
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ESG bonds
Kia to issue green notes as part of $500 mn global bonds for future mobility
Kia Corp., a unit of Hyundai Motor Group, plans to issue green bonds in overseas markets to raise money for future mobility investments, including e...
Jan 18, 2021 (Gmt+09:00)
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Corporate rebrand
Kia drops Motors from name, unveils roadmap for new EV models
Kia Motors Corp., a unit of Hyundai Motor Group, has dropped Motors from its name, as the company breaks away from its traditional manufacturing-dri...
Jan 15, 2021 (Gmt+09:00)
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Batteries
Hyundai inks deal to build first overseas hydrogen fuel cell plant in China
Hyundai Motor Co. has signed a contract to build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to en...
Jan 15, 2021 (Gmt+09:00)
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F&B Industry
CJ Cheiljedang to set up food production plant in South Dakota
South Korea's food and beverage giant CJ CheilJedang Corp. will establish a food production plant that makes mandu in the 560,000 square meters of l...
Jan 13, 2021 (Gmt+09:00)
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Automobiles
Hyundai, Kia rev up SUV sales in India amid pandemic lockdown
Hyundai Motor Co. and its sister firm Kia Motors Corp. are emerging as preferred sport-utility vehicle brands in India, as one in every two SUVs sol...
Jan 11, 2021 (Gmt+09:00)
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ESG bonds
Hyundai, Kia to raise $921 mn in green bonds for future mobility
Hyundai Motor Co. and Kia Motors Corp. plan to issue green bonds worth a combined 1 trillion won ($912 million) as they gear up to raise money for...
Jan 11, 2021 (Gmt+09:00)
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EV Batteries
SK Innovation to raise $920 mn for US battery plant expansion
South Korea-based SK Innovation Co. is ramping up investment for its US-based electric vehicle battery business, with plans to raise up to 1 tri...
Jan 07, 2021 (Gmt+09:00)
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Batteries
Hyundai Motor to build first overseas hydrogen fuel cell plant in China
Hyundai Motor Co. will build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to enter the world’...
Jan 05, 2021 (Gmt+09:00)
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Automobiles
SUVs drive up Hyundai, Kia in US market; G80 named safest car of year
A slate of new sport utility vehicles are driving up Hyundai Motor Group's market share in the US, where its two automaking units have relied on sed...
Dec 31, 2020 (Gmt+09:00)
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Factory suspension
Ssangyong Motor to briefly halt production at main plant
South Korea’s Ssangyong Motor Co. is temporarily suspending production at its main plant due to disruptions of auto parts supplies from its co...
Dec 23, 2020 (Gmt+09:00)
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Latest News
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- 3 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 4 President Lee: Businesses at center of policy priorities for economic growth
- 5 Samsung supplies HBM3E to AMD’s new accelerators