electric vehicle motors
Scope
Date
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Banking & Finance
Shinhan Card's Kazakhstan arm secures $60 mn from IFC
Shinhan Finance, a subsidiary of South Korea's Shinhan Card in Kazakhstan, has attracted a $60 million investment from the International Finance Cor...
Oct 25, 2023 (Gmt+09:00)
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Leadership & Management
Hyundai Motor chief aims to revive grandfather’s spirit in Saudi Arabia
Back in the 1970s, the Middle East was where many South Korean companies longed to be as the region was the country's main source of foreign income....
Oct 24, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, PIF to invest $500 mn to build car plant in Saudi Arabia
RIYADH – Hyundai Motor Co. has agreed with the Public Investment Fund, Saudi Arabia’s sovereign fund, to set up a joint venture to build...
Oct 23, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung eyes next-generation 5 nm eMRAM auto chip by 2027
Samsung Electronics Co., the world’s largest memory chipmaker, said on Thursday it aims to develop a next-generation 5-nanometer-processed aut...
Oct 19, 2023 (Gmt+09:00)
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Batteries
HD Hyundai Infracore to develop truck battery packs
South Korea's HD Hyundai Infracore Co. plans to enter the electric commercial vehicle market through the development of truck batteries.The company ...
Oct 19, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor muscles into online used car market
Hyundai Motor Co. is slated to start selling certified used cars online from Oct. 24, three years after its announcement to enter the 30 trillion wo...
Oct 19, 2023 (Gmt+09:00)
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Electric vehicles
POSCO Int’l completes Mexico EV motor core plant for N.American market
POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., concluded construction on an electric...
Oct 18, 2023 (Gmt+09:00)
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Automobiles
Korean cars' gap vs. Japanese to narrow in UAE under CEPA
South Korean carmakers are expected to rapidly catch up to their Japanese rivals in the United Arab Emirates (UAE) after their home country and the ...
Oct 16, 2023 (Gmt+09:00)
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Electric vehicles
Kia to build 2nd purpose-built vehicle plant in Korea
Kia Corp., South Korea’s second-largest automaker, plans to build another purpose-built vehicle (PBV) factory in the country, despite the risk...
Oct 13, 2023 (Gmt+09:00)
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Automobiles
Genesis G80, Electrified G80 selected as safest cars in US
Hyundai Motor Co.'s premium brand Genesis announced on Friday that its G80 and Electrified G80 got the highest rating "Top Safety Pick+ (TSP+)" from...
Oct 13, 2023 (Gmt+09:00)
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Logistics
CJ Logistics reinforces ties with India’s Tata Motors
South Korea’s CJ Logistics on Friday said its Indian subsidiary CJ Darcl has signed a memorandum of understanding with Tata Motors of India on...
Oct 13, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Motor to manufacture BAIC’s Arcfox EVs in China
BEIJING -- Hyundai Motor Co. is set to manufacture electric vehicles of Arcfox, a Chinese EV brand owned by BAIC Motor Corp., as the leading South K...
Oct 11, 2023 (Gmt+09:00)
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Batteries
LG Chem to supply cathode materials to Toyota's N.American plant
LG Chem Ltd. will supply cathode materials to Toyota Motor's North American battery plant, with the South Korean company concluding its second long-...
Oct 11, 2023 (Gmt+09:00)
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Automobiles
Genesis unveils Camping Gear Black Edition
Hyundai Motor Co.'s premium brand Genesis announced on Wednesday that it unveils The Camping Gear Black Edition, tailored for camping enthusiasts.&n...
Oct 11, 2023 (Gmt+09:00)
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Hydrogen economy
Hyundai, Iveco solidify partnership with E-WAY H2 hydrogen fuel cell bus
South Korea’s top automaker Hyundai Motor Co. and Italian truck maker Iveco Group N.V. have consolidated their business partnership through th...
Oct 09, 2023 (Gmt+09:00)
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Automobiles
Hyundai to hike Exter SUV output to capitalize on void in India
Hyundai Motor Co. plans to ramp up the production of its compact sport utility vehicle Exter in India to capitalize on the void in the entry-level S...
Oct 09, 2023 (Gmt+09:00)
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Carbon neutrality
Hyundai Glovis pledges carbon neutrality by 2045
South Korean shipping and logistics company Hyundai Glovis Co. on Thursday pledged to achieve carbon neutrality by 2045. Despite producing a h...
Oct 06, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia to adopt Tesla’s charging standard for EVs
Hyundai Motor Co. and Kia Corp. have joined Tesla's Supercharger network for electric vehicles (EV).The North American branches of the two South Kor...
Oct 06, 2023 (Gmt+09:00)
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Corporate strategy
From fast follower to first mover under Hyundai Motor's Chung
Hyundai Motor Group Chairman Chung Euisun emphasized “customers” as his management keyword when he took the helm of the largest automoti...
Oct 04, 2023 (Gmt+09:00)
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Automobiles
SUVs, small pickups grab largest share of S.Korea's car market
Sport utility vehicles (SUV) and small pickup trucks in South Korea are occupying a larger share of the domestic automotive market.Industry sources ...
Oct 04, 2023 (Gmt+09:00)
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Waste management
Samyang to make EV part from recycled fishing nets
South Korean chemical and food company Samyang Corp. has begun developing eco-friendly and lightweight parts for electric vehicles (EV) by expanding...
Sep 27, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor clinches top spot in Indian dealer satisfaction study
South Korea’s Hyundai Motor Co. has emerged as the leader in India’s mass-market satisfaction segment, according to an annual survey by ...
Sep 26, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia to offer wireless support for Google, Apple vehicle SW
South Korea's Hyundai Motor Co. and Kia Corp. announced on Thursday that they will support wireless connectivity for the vehicle projection services...
Sep 21, 2023 (Gmt+09:00)
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Leadership & Management
KEPCO's new CEO heralds electricity rate hikes, drastic reforms
South Korea’s near-monopoly power company Korea Electric Power Corp. (KEPCO) is expected to raise electricity rates and lessen its outsized re...
Sep 20, 2023 (Gmt+09:00)
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Steel
Hyundai Steel to pull out of stainless steel market
Hyundai Steel Co. has decided to close its stainless steel-making plant in Incheon, South Korea, pulling out of the market amid a flood of Chinese-m...
Sep 20, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis develops one-touch automatic parking tech
South Korea's leading automotive parts maker Hyundai Mobis on Tuesday announced its Mobis Parking System (MPS) 1.0P (Premium), a performance-improve...
Sep 20, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, Georgia Tech partner for future mobility tech
Hyundai Motor Group has chosen Georgia Tech as its new academic partner in the US to work together on developing sustainable mobility technologies a...
Sep 20, 2023 (Gmt+09:00)
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Automobiles
KG Mobility unveils Torres EVX, electric version of its popular SUV
KG Mobility Corp., formerly Ssangyong Motor Co., on Wednesday unveiled its much-anticipated electric vehicle (EV), the Torres EVX. The Torres model,...
Sep 20, 2023 (Gmt+09:00)
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Leadership & Management
Samsung’s canine love rewarded as its guide dog school turns 30
Back in the 1990s, South Korea was internationally denounced as a country where people eat dog meat.People hardly recognized nor paid attention to t...
Sep 19, 2023 (Gmt+09:00)
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Business & Politics
Hyundai eyes Saudi EV plant as Korea bets on Middle East boom
Hyundai Motor Co. is set to build an electric vehicle assembly plant in Saudi Arabia as South Korean companies are increasingly tapping growth oppor...
Sep 18, 2023 (Gmt+09:00)
Latest News
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