SK Geo Centric, Youlchon Chemical to develop recyclable plastic

South Korea's SK Geo Centric Co. and Youlchon Chemical Co. announced on Sunday that they signed a memorandum of understanding (MOU) to co-develop re...

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 (...

Korea’s EcoPro invests $11 mn in Indonesian nickel smelter

South Korea’s leading electric vehicle battery materials producer EcoPro Group is expanding its investment in Indonesia for stable procurement...

SK Ecoplant, Vietnam’s BCGE tie up for 700 MW wind, solar projects

SK Ecoplant Co., a South Korean construction engineering and waste management company, said on Friday it has agreed with BCG Energy (BCGE), a wholly...

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...

HD Hyundai strengthens eco-friendly remodeling vessels

South Korea's HD Hyundai Marine Solution said on Friday that it signed a contract with the Greece-based Neptune to deliver engine part load optimi...

HD Hyundai Chemical to produce eco-friendly bio-naphtha

South Korea's HD Hyundai Chemical Co. announced on Thursday that it will collaborate with CJ CheilJedang Corp. to produce eco-friendly bio-naphtha...

BMW unveils PHEV sedan New 530e in S.Korea

BMW Korea announced on Tuesday that it unveiled the plug-in hybrid (PHEV) sedan model The New 530e in the domestic market. According to BMW Kor...

LS Eco Energy to supply UHV cables to Singapore's EMA

South Korea's LS Eco Energy Ltd. announced on Tuesday that its Vietnamese production subsidiary, LS-VINA, will supply 12 billion won ($8.99 million)...

Hyundai’s IONIQ 6: Most efficient electric vehicle in US

Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the most energy-efficient vehicle in the US, further driving the South Korean automaker&rs...

Hyundai, Kia enjoy renewed popularity of LPG trucks Porter, Bongo

Many economists are trumpeting weak business conditions for the coming months. But an economic slowdown isn’t all that bad for Hyundai Motor C...

KEPCO narrows losses with 2nd straight quarterly profit

South Korea’s power utility Korea Electric Power Corp. (KEPCO) on Friday posted its second straight quarterly profit, sharply above market for...

Hyundai Motor launches EVery care for electric cars

Hyundai Motor Co. announced on Thursday that it launched EVery Care, an integrated program that will take care of customers' electric vehicle (EV) l...

Hyundai Motor Group in test run of dedicated EV plant in Korea

Hyundai Motor Group, the world’s No. 3 automaker, started a test operation of the first dedicated electric vehicle factory in South Korea to a...

HD Hyundai to build power distribution device plant in Cheongju

South Korea's HD Hyundai Electric Co. announced on Tuesday that it will invest 117.3 billion won ($87.72 million) in building a new medium and low...

Genesis G80, GV70 electric models win Canada Car of the Year awards

Hyundai Motor Co. 's premium brand Genesis announced on Friday that its Electrified G80 and Electrified GV70 earned prizes at the 2024 Canadian Ca...

South Korea's car exports to US hit record high in 2023

South Korea’s car exports to the US surged 44.6% on-year to a record high of $32.2 billion in 2023, making up the lion’s share of South ...

LG Chem, CJ CheilJedang to launch eco-friendly bio-nylon joint venture

South Korea’s top chemicals maker LG Chem Ltd. and food and biotechnology firm CJ CheilJedang Corp. have agreed to launch an eco-friendly bio-...

Tesla to showcase Cybertruck in South Korea next week

Tesla Inc., the world’s No. 2 electric vehicle maker, is set to showcase its electric full-size pickup Cybertruck in South Korea, home to its ...

China’s BYD to enter South Korea’s passenger electric car market

China’s BYD Co., the world’s largest electric vehicle maker, is set to enter South Korea’s passenger EV market, setting off alarm ...

Hyundai Rotem inks $664 million deal to supply electric trains to LA Metro

Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, said on Tuesday it has won a $663.7 million deal to build electric...

Kumho Petrochem's Hugreen secures highest HB mark grade

South Korea's Kumho Petrochemical Co. announced on Thursday that its phenolic foam board (PF board) insulation material under the construction mater...

SGC eTEC, OCIM to co-work for green biz in Malaysia

South Korea’s SGC eTEC E&C Co. said on Thursday that it signed an agreement with OCIM, OCI Holdings Co. 's Malaysian subsidiary, to join...

Korea rejects BlackRock’s $7.5 bn wind farm project

South Korea has slammed the brakes on BlackRock’s offshore wind farm project worth around 10 trillion won ($7.5 billion), citing financing unc...

HD Hyundai launches world's first mega methanol-fueled container

South Korean shipbuilding giant HD Hyundai Co. marked a major milestone in the maritime industry on January 28, christening the world's first mega m...