KG Mobility focuses on electric vehicle platform, self-driving tech

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 ...

Hyundai’s Chung urges US operations to double down after record Q1

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...

Time for South Korea's answer to the US battery subsidy act

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...

LG Energy tops global EV battery market excluding China

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...

Samsung Heavy wins order $512 mn for two LNG carriers

Samsung Heavy wins order $512 mn for two LNG carriers

South Korea's shipbuilder Samsung Heavy Industries announced on Monday that it had won a contract worth 674.5 billion won ($512.3 million) to build ...

Korean battery firms seek benefits from US EV incentive details

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...

LS Group completes nickel sulfate plant for EV 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...

Korea’s LG Elec, POSCO Future M receive GM supplier awards

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 ...

S.Korean robot startup aims to ramp up supply by 9 times

S.Korean robot startup aims to ramp up supply by 9 times

A South Korean autonomous-driving robot startup Neubility aims to increase supply by almost nine times this year as demand for such machines in the ...

EV fast-charging company Crocus succeeds in $5 mn Series B funding

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...

Hankook Tire supplies tires to BMW Driving Center for 9 consecutive years

Hankook Tire supplies tires to BMW Driving Center for 9 consecutive years

Hankook Tire & Technology, a tire manufacturer based in South Korea, announced on Wednesday its exclusive partnership with BMW Driving Center's ...

LS E-Link partners with Logen to boost EV charging

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...

Trouble with EV charging? Help is just a click away with Hyundai

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....

Hanwha Solutions secures 9.7% stake in US battery materials company

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...

Hyundai Motor, Kia to research EV energy with three universities

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...

Korea EV cell makers unveil new products to expand market

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...

LS Electric unveils innovative solutions at Korea, Japan energy exhibitions

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...

SK Networks renames its EV charger unit to SK Electlink

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...

Dayou A-Tech completes building EV seat production facility

Dayou A-Tech completes building EV seat production facility

Dayou A-Tech Co., a South Korean car seat manufacturer under the Dayou Winia Group, announced on Thursday that it has built a seat production facili...

Number of commercial building transactions in Seoul hits all-time low

Number of commercial building transactions in Seoul hits all-time low

The number of commercial and office building transactions in Seoul hit an all-time low in January.Realty Planet, a big data-based commercial real es...

Hyundai eyes greater SUV market share with new Kona EV

Hyundai eyes greater SUV market share with new Kona EV

Hyundai Motor Co. on Tuesday unveiled the all-new Kona Electric, its first fully revamped compact sport utility vehicle in five years, as the top So...

S.Korea's imports of Japanese beer in January hit $2 million

S.Korea's imports of Japanese beer in January hit $2 million

Japanese beer imports in January exceeded $2 million, the most since a bilateral row erupted in July 2019 after Japan imposed export restrictions on...

Samsung SDI, GM to build $3.8 bn EV battery plant in US

Samsung SDI, GM to build $3.8 bn EV battery plant in US

Samsung SDI Co., the world’s No. 6 electric vehicle battery maker, is set to build a plant in the US with General Motors Co., spending about 5...

Samsung SDI wins $95 mn EU aid for Hungary battery plant

Samsung SDI wins $95 mn EU aid for Hungary battery plant

Samsung SDI Co. has secured €89.6 million ($95 million) in subsidies from the European Union for its first electric vehicle battery plant in Hu...

S.Korea's NPS likely to log 8.2% loss for 2022, record-low return

S.Korea's NPS likely to log 8.2% loss for 2022, record-low return

South Korea’s National Pension Service (NPS) is expected to post a negative return of 8.2% for 2022, according to its preliminary report on Th...

S.Korean EV charger maker lands $770 mn export deal in North America

S.Korean EV charger maker lands $770 mn export deal in North America

South Korea's Moderntec, an electric vehicle (EV) charging solutions company, on Wednesday said it signed a three-year export contract with a partne...

SK IE Technology mulls adding LiBS factory in US, says SKIET president

SK IE Technology mulls adding LiBS factory in US, says SKIET president

SK IE Technology Co. (SKIET), a global top lithium-ion battery separator (LiBS) player under South Korea’s energy and battery maker SK Innovat...

Korea’s L&F in $2.9 billion deal to supply battery material to Tesla

 Korea’s L&F in $2.9 billion deal to supply battery material to Tesla

South Korea’s leading battery materials maker L&F Co. said on Tuesday it has signed a $2.91 billion deal to supply cathode, a key electric...

SK Signet lands EV charger contract in US

SK Signet lands EV charger contract in US

SK Signet Inc., an affiliate of South Korea's SK Group that makes and sells electric vehicle (EV) chargers, on Monday said it received its first ord...

Samsung leader eyes solid-state batteries as future growth engine

Samsung leader eyes solid-state batteries as future growth engine

Samsung Group appears set to up its investment in solid-state batteries, a game changer in the electric vehicle sector, as South Korea’s top c...

South Korea moves to mandate treasury share cancellation South Korean airlines bank on China routes for profit recovery Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age Organic food chain Chorocmaeul up for sale amid liquidity woes Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold