IS Dongseo buys EV battery recycling firm BTS Technology
IS Dongseo Co., a South Korean waste management company, has acquired Slovakia-based battery recycling company BTS Technology Ltd. for 37.5 billion ...
Kia unveils design of EV5, its first China-made global electric car
Kia Corp., South Korea’s second-largest automaker, on Friday unveiled the design of the EV5, its first China-made all-electric vehicle that th...
Genesis ranks top in J.D. Power’s new car advanced tech survey
Hyundai Motor Co.'s premium brand Genesis secured first place in J.D. Power 2023 Tech Experience Index (TXI) study In this year’s J.D. Po...
LG Group accelerates shift toward AI, bio and clean tech
Artificial intelligence, bio and clean tech are in their early stages of development for LG Group, but they should lead the South Korean conglomerat...
LG aims to capture 50% of global luxury car display market by 2026
LG Display Co., the world’s leading manufacturer of large-size organic light-emitting diode (OLED) panels, said on Wednesday it aims to more t...
LG Innotek inks renewable energy deal with SK E&S
South Korea's LG Innotek Co. announced on Wednesday that it has entered into a 20-year power purchase agreement (PPA) with a domestic energy company...
Hyundai Transys' car seats rank in top 3 by US market survey
A leading US consumer satisfaction survey has ranked car seats made by South Korea’s Hyundai Transys in the top three for the fourth consecuti...
S.Korean hybrid car market surpasses $4.56 bn in H1 2023
South Korea's hybrid car market has shown a remarkable surge, reaching 6.12 trillion won ($4.56 billion) in the first half of 2023, according to the...
Kia to revive Ray EV to kick start S.Korean city car market
Kia Corp., South Korea’s No. 2 automaker, aims to revitalize the local city car segment with the reintroduction of an electric version of the ...
Kia releases restyled mid-sized SUV, its facelifted 'new Sorento'
Kia Corp. has unveiled its new Sorento, a facelift of its fourth-generation sport utility vehicle (SUV). The company announced on Thursday that it w...
Hyundai's premium Genesis cars to break 1 million units in global sales
Genesis, the luxury car brand of Hyundai Motor Co., is on the verge of breaking the million mark in cumulative global sales this month in seven year...
S.Korea's largest investment forum to begin Sept. 11
South Korea’s largest investment conference will be held in Seoul Sept. 11-15 with around 100 chief executives from global financial services ...
Affiliate of S.Korea's POSCO Int'l to supply natural gas in Australia
South Korea's POSCO International Corp. on Thursday said Senex Energy, its Australia-based natural gas subsidiary, will supply natural gas to seven ...
Hyundai Glovis to secure additional 12 car transport vessels by 2025
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to secure an additional 12 vehicle transport vessels by 202...
LG Energy, Huayou Cobalt set up battery recycling JV in China
LG Energy Solution Ltd., the world’s No. 2 battery maker, and Zhejiang Huayou Cobalt Co., the global refined cobalt leader, have launched a ce...
Lotte Energy ups elecfoil factory capacity in Spain to 30,000 tons
Lotte Energy Materials Corp., formerly Iljin Materials Co., will build a smart factory in Catalonia, Spain to produce 30,000 tons of high-end copper...
LG Energy Solution tops global EV battery market excluding China in H1
South Korea's LG Energy Solution Ltd. in the first half of this year retained its No. 1 ranking on the global market for electric vehicle (EV) batte...
LG 1st in South Korea’s ESG rankings for 2nd year
LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, ranked No. 1 in the country’s environmental, social...
Hyundai, Kia to showcase new cars at Indonesia’s GIIAS auto show
Hyundai Motor Co. and Kia Corp. will participate in Indonesia’s largest auto show next week as the South Korean sister firms ramp up their off...
Indonesia vows support for LG-led $9.8 bn battery project
Indonesian Minister of Investment Bahlil Lahadalia on Thursday affirmed its government’s commitment to a $9.8 billion electric vehicle battery...
Hyundai, legendary chip architect Jim Keller to make chips for future cars
South Korea’s top automaker Hyundai Motor Group said on Thursday it has partnered with legendary chip architect Jim Keller to jointly develop ...
S.Korea to fully open gov't R&D projects to foreign researchers
South Korea's Ministry of Trade, Industry and Energy on Wednesday said it will allocate 5 trillion won ($3.8 billion) of its R&D budget for exce...
Global EV, battery sectors in war for talent acquisition
Global electric vehicle and battery makers are fiercely competing to secure talent with high salaries and various incentives as their workforces a...
S.Korean academics to verify truth of room-temperature superconductor
The Korean Society of Superconductivity and Cryogenics has recently established a verification committee composed of experts in response to the ongo...
Kia America’s new normal: Record car sales month after month
Kia Corp., South Korea’s second-largest automaker, has been dismissed as the weaker sibling or smaller sister firm of Hyundai Motor Co., the c...
LG Energy Solution converts 56% of electricity into renewable energy
South Korea’s lithium-ion battery maker LG Energy Solution Ltd. on Monday released a report containing the company’s environmental, soci...
Hyundai, Kia firm up ranking as world's 3rd; first-half profits improve
South Korea’s top automaker Hyundai Motor Group solidified its position as the world’s third-largest carmaker with improved profit margi...
Volvo tops S.Koreans’ favorite foreign car survey list for service
Sweden's Volvo offers the best after-sales service among imported automobile dealers in South Korea, while locals drivers are disappointed by the cu...
LG Energy lifts sales guidance; Samsung SDI sees firm growth
South Korean electric vehicle battery maker are offered upbeat market outlooks, gaining structural growth momentum through strong competitiveness wi...
Hyundai partners with 5 universities for carbon neutrality center
In a bid to accelerate the development of carbon-neutral technologies, Hyundai Motor Group has joined forces with prominent domestic universities.Th...
