Kia EV9 selected safest car in Europe
Kia EV9, the flagship large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker Kia Corp., received five stars in the Eu...
LG Energy, KAIST develop Li-Metal battery tech for improved EV range
South Korea’s LG Energy Solution Ltd. and the Korea Advanced Institute of Science & Technology (KAIST) have developed a lithium-metal batt...
POSCO International wins green car parts orders from US, Europe
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is accelerating i...
KHNP to promote i-SMR in Indonesia, Jordan
Korea Hydro and Nuclear Power Co. (KHNP) is promoting the introduction of innovative small modular reactors (i-SMR) in Indonesia and Jordan.KHNP ann...
IONIQ 5, Sportage named safest cars by IIHS
Hyundai Motor Co. 's crossover electric vehicle (EV) sport-utility vehicle (SUV) IONIQ 5 and Kia Corp. 's best-selling SUV Sportage earned a Top S...
STX acquires 20% stake in lithium iron phosphate battery maker IBT
STX Corp., a South Korean general trading company, announced on Friday that it has signed a stock purchase agreement to acquire a 20% stake in the b...
LG Energy's new CEO aims to focus on qualitative growth
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, is set to focus on qualitative growth by securing leading ...
Doosan unveils hydrogen fuel cell systems for buildings
South Korea's Doosan Corp. on Friday announced the development of hydrogen polymer electrolyte membrane fuel cell (H2-PEMFC) systems for buildings a...
GM asks LG Energy to share huge portion of US EV tax benefits
General Motor Co., the leading US automaker, has asked LG Energy Solution Ltd., the world’s second-largest electric vehicle battery manufactur...
Hyundai IONIQ 5 N named 2023 Car of the Year by TopGear
South Korea's Hyundai Motor Group announced on Thursday that Hyundai Motor Co.'s IONIQ 5 N electric vehicle has been named Car of the Year and Kia C...
KHNP eyes Canada's nuclear energy project with ARC, NB Power
Korea Hydro and Nuclear Power Co. (KHNP) said on Wednesday it has signed a non-binding agreement with ARC Clean Technology Canada Inc. and New Bruns...
Car sales may sputter in 2024 amid EV policy risk: Research
The global automobile market is on track to recover to pre-pandemic levels this year and is expected to grow at a moderate pace amid a prolonged eco...
Daewoo E&C seeks energy infrastructure biz in Yemen
South Korea's Daewoo Engineering & Construction Co. announced on Friday that it signed a memorandum of understanding (MOU) with the Yemeni Minis...
Hyundai Motor signs Korea’s largest PPA deal to go carbon neutral
South Korea’s top automaker Hyundai Motor Co. said on Thursday it has signed a power purchase agreement (PPA) with Hyundai Engineering & C...
Hyundai to build EV battery pack plant in India by 2025
South Korea’s top automaker Hyundai Motor Co. is set to invest 7 billion rupees ($84 million) to build an electric vehicle battery pack assemb...
Hyundai ushers in future of car manufacturing in Singapore
SINGAPORE – Hyundai Motor Group on Tuesday officially inaugurated its first mobility innovation center in Singapore powered by a slew of smart...
ADNOC awards steel pipe order contracts to Korea’s SeAH
South Korea’s SeAH Steel Holdings Corp. said on Tuesday it has signed a five-year contract to provide 200,000 tons of steel pipes to Abu Dhabi...
LG Energy may produce mid-nickel EV batteries from 2024
South Korea’s LG Energy Solution Ltd. plans to mass-produce mid-nickel, high-voltage lithium batteries as early as next year, one year ahead o...
Hyundai to be first automaker to sell cars on Amazon
Hyundai Motor Co., South Korea’s top automaker, will be the first carmaker to sell cars on Amazon in the US while providing drivers with the g...
SK On, BASF tie up for EV battery materials business
SK On Co., the world’s fifth-largest electric vehicle battery maker, and BASF SE, a major global cell materials producer, joined forces for th...
Korean battery makers’ broad restructuring hits US
SK On Co., South Korea’s No. 3 battery maker, has decided to furlough employees at one of its US battery factories in the state of Georgia to ...
SK Energy to spin off tank terminal business as new logistics firm
SK Energy Co., a unit of South Korean oil refiner and battery maker SK Innovation Co., is spinning off its crude oil storage and shipment business t...
LG Energy, Ford’s battery JV in Turkey scrapped as EV uptake slows
A planned battery manufacturing joint venture between South Korea’s top battery maker LG Energy Solution Ltd., US carmaker Ford Motor Co. and ...
Kia’s new Carnival RV rides on growing popularity of hybrid cars
Kia Corp., South Korea’s second-largest automaker, is riding on the growing popularity of hybrid vehicles as pure electric vehicle uptakes slo...
Hyundai's Supernal plans to build flying taxi plant in US
Hyundai Motor Group plans to build a flying electric taxi plant in the US as the South Korean automotive group aims to bring flying cars to the mark...
Imported cars set to snap 3-year growth streak in S.Korea
Imported passenger cars are expected to see their first retreat in four years in South Korea on the growing popularity of domestic luxury models suc...
Used electric vehicle prices drop in Korea with declining EV appeal
Prices of secondhand electric vehicles are falling in South Korea as drivers are increasingly less enchanted with eco-friendly vehicles due to weak ...
LG Energy, SK On to delay battery JVs with Ford as demand slows
South Korea’s leading battery makers are postponing their plans to start operations of their joint ventures with Ford Motor Co. as the growth ...
SK Ecoplant to supply fuel cells to Irish data centers
SK Ecoplant Co., a South Korean construction engineering and waste management firm, plans to provide solid oxide fuel cells (SOFC) to Irish power ge...
Socar launches car-sharing service with Naver's generative AI
South Korea’s mobility platform operator Socar Inc. has introduced a car-sharing service utilizing generative artificial intelligence in coope...
