Hanwha Q Cells builds US solar farm for power supply to Meta

Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Thursday it has completed a solar power complex...

Korea’s HD Hyundai Electric wins $60 mn transformer deal in UK

South Korea’s electric equipment maker HD Hyundai Electric Co. said on Wednesday it has won a power transformer supply deal worth 47.1 million...

SK shieldus, Yokogawa Electric Korea partner on security business

SK shieldus, the unmanned security subsidiary of SK Group, announced on Wednesday it has signed a business agreement with Yokogawa Electric Korea Co...

Kia to install LG Electronics’ vehicle webOS in upcoming EV3 SUV

South Korea’s LG Electronics Inc. will supply its automotive web-based operating system webOS to Kia Corp. for the carmaker’s upcoming v...

Kia premieres EV3 to boost global electrification push

Kia Corp., South Korea’s second-largest automaker, on Thursday premiered the EV3, its low-cost electric sport utility vehicle (SUV), to reboot...

Hyundai’s first full-size electric Genesis GV90 to roll out in late 2025

The Genesis, Hyundai Motor Co.'s standalone premium brand, will launch its first full-size electric sport utility vehicle, the GV90, late next ...

MSCI Korea Index adds Alteogen, Enchem, HD Hyundai Electric

South Korea's Alteogen Inc., Enchem Co., and HD Hyundai Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index.MS...

Kia unveils teaser images for all-electric EV3

Kia Corp. the second-largest automaker in South Korea, unveiled the first teaser images and video of the upcoming third all-electric sports utility ...

LS Electric wins $23 mn order for Thai railway signal system

South Korea's LS Electric Co. won a contract from the State Railway of Thailand to construct a railway signaling system for a 177 km section between...

Genesis unveils GV70 facelift ahead of Korean debut in May

Hyundai Motor Co.'s premium brand Genesis on Friday unveiled the GV70 facelift as the leading South Korean automaker plans to launch the luxury mids...

Hyundai launches the ST1, its 1st electric work van with futuristic styling

South Korea’s top automaker Hyundai Motor Co. said on Wednesday it is launching the ST1, its first fully electric work van that can be retrofi...

Polestar 4 electric SUV coupe to hit South Korean roads in June

The Polestar 4 electric sport utility vehicle (SUV) coupe is set to make its debut in South Korea in June and targets deliveries from October, Swedi...

HD Hyundai Electric likely to join MSCI Korea: Samsung Securities

HD Hyundai Electric Co., Alteogen Inc. and Enchem Co. are expected to be invited to join Morgan Stanley Capital International’s Korea Index wh...

Hyundai, Toray to team up to develop mobility materials

Hyundai Motor Group said on Thursday it has signed a strategic partnership agreement with Japan's Toray Industries Inc. to jointly develop carbon fi...

Kia to bring 1st hybrid variant of subcompact SUV Sonet to Japan, China

Kia Corp., South Korea’s second-largest automaker, plans to aggressively expand its hybrid vehicle lineup to subcompact SUVs amid slower-than-...

S.Korean gov’t selects six overseas cities for K-City Network

The South Korean Ministry of Land, Infrastructure and Transport announced on Wednesday that it selected six cities including Indonesia's Jakarta, Vi...

Lotte Rental launches driver-inclusive rental service in Vietnam

Lotte Rental Co., South Korea's largest car rental firm, announced on Monday that it has launched a "Vietnam Driver-inclusive Rental Car."The servic...

Power transformer sales explode on AI boom: HD Hyundai Electric CEO

Cho Seok, chief executive of HD Hyundai Electric Co., is an outsider at Korea Inc.When he was named CEO of the power equipment maker in December 201...

Kia to enter emerging markets with its latest EV5 made in China

Kia Corp., South Korea’s second-largest automaker, plans to enhance its presence in emerging markets with the EV5 compact SUV, the company&rsq...

RVs, SUVs sweep top 4 spots in South Korea’s first-quarter auto sales

Recreational vehicles (RVs) and sport utility vehicles (SUVs) achieved an unprecedented feat by claiming the top four spots on the list of best-sell...

S.Korea’s current account surplus near 3-year high on chips

South Korea’s current account surplus touched a near three-year high in February as goods exports continued to grow on strong overseas sales o...

Kia EV9 named best electric SUV in Germany

Kia Corp. 's EV9, the signature large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker, was named the top electric ...

LG Chem, Ansan City to team up for waste vinyl recycling

South Korea's LG Chem Ltd. has decided to recycle waste vinyl generated in Ansan, Gyeonggi Province, into plastic raw materials. The company announc...

Kia, Hyundai sweep World Car Awards with EV9, IONIQ 5 N

NEW YORK – Hyundai Motor Group, the world’s No. 3 carmaker, has swept the 2024 World Car Awards, a global premier standard for automotiv...

Ferrari, SK On team up to innovate battery technology

Ferrari S.p.A. joined hands with SK On Co., the world’s fifth-largest electric vehicle battery producer, to innovate cell technology as the It...

L&F signs $9.7 bn cathode supply contract with SK On

South Korea's cathode supplier L&F Co. announced that it signed a contract with the rechargeable battery maker SK On for an electric vehicle (...

Hyundai to bring Casper EV to Japan, premium Genesis cars to India

Hyundai Motor Co. will bring its electric Casper crossover city car to Japan next year as part of a bid to reinvigorate its performance in the neigh...

S.Korean steelmakers mull building electric furnaces in US

Steelmakers are considering building steel mills with electric furnaces in the United States to survive the triple whammy of high tariff barriers, l...

BMW EV sales roar in Korea on strong lineup of new models

BMW, already one of the top two best-selling imported car sellers in South Korea, has beaten the world’s No. 1 EV seller Tesla Inc. in the cou...

KG Mobility unveils premium SUV Rexton Summit

South Korea's automaker KG Mobility Corp. announced on Friday that it launched the large-sized premium sport utility vehicle (SUV)  Rexton Summ...