ev plant

SK Hynix Inc., the world’s second-largest memory chip producer, is reported to have picked Indiana as the site for its advanced chip packaging...

Samyang Foods Co., a South Korean instant noodle maker, enjoyed record earnings last year thanks to increasing overseas sales of its global-hit Hot ...

LG Energy Solution Ltd.'s energy storage system (ESS) division posted its first-ever profit on the back of growing replacement demand and new constr...

BEIJING – Hyundai Motor Co. has joined hands with Beijing Motor Corp. (BAIC) to debut a new electric vehicle brand specifically tailored to Ch...

The South Korean battery industry is bracing for a grim market this year as Tesla Inc. is seeking every possible means to reduce costs to combat&nbs...

LG Energy Solution Ltd. will break through the anticipated slowdown in global electric vehicle demand this year with enhanced technology leadership ...

South Korea’s major power plant builder Doosan Enerbility Co. has bagged a 280 billion won ($209.6 million) contract to supply core equipment ...

OCI Holdings Co. announced on Thursday that it hosted a charity event in Sarawak, Malaysia, aiming to strengthen local ties in the region home to it...

Daedong Gear Co., a powertrain subsidiary of South Korea’s Daedong Group, announced on Thursday that it has won a 183.6 billion won ($137 mill...

Sodium-ion batteries (SIBs), fast emerging as the next-generation battery cells, will be up to 24% cheaper than the most affordable lithium-based ba...

Hyundai Motor Group on Tuesday unveiled an aerodynamic technology to increase electric vehicles’ mileage as the world’s third-largest au...

HiteJinro Co., a South Korean alcoholic beverage company, has signed a land agreement for its planned soju plant in Vietnam. The agreement marks a m...

South Korean electric vehicle and battery makers including Hyundai Motor Group and LG Energy Solution Ltd. have asked the US to ease requirements fo...

South Korean shipping and logistics company Hyundai Glovis Co. announced on Monday that it has signed a share subscription agreement (SSA) related t...

Hyundai Motor Co. unveiled 2024 The all-new KONA Electric N Line in the European market including the UK on Jan. 16., according to the company.&nb...

POSCO International Corp. announced on Thursday that it has secured an order for 1.03 million units of motor cores, which will be featured electric ...

Hyundai Motor Co. has sold its plant in Chongqing for $227 million as the leading South Korean carmaker continues restructuring its business to surv...

South Korea’s second-largest automaker Kia Corp. plans to establish a sales subsidiary in Thailand as part of its electric vehicle push in the...

South Korea’s top automaker Hyundai Motor Co. will invest 70 billion Indian rupees ($845 million) to expand and upgrade its Indian car manufac...

Hyundai Motor Group., the No. 2 electric vehicle brand in the US, is offering discounts of up to $7,500 for their EVs in the country — the max...

South Korea’s LG Electronics Inc. has opened its first overseas EV charger factory in Fort Worth, Texas. The move comes as the global home app...

Samsung Electro-Mechanics Co., the top electronic components maker in South Korea, aims for a turnaround this year with the launch of the first arti...

Kia Corp., the No. 2 automaker in South Korea, is set to launch its first mid-sized purpose-built vehicle model (PBV) in 2025 and start a customized...

LG Energy Solution Ltd., the world’s second-largest battery maker, disappointed investors with quarterly earnings on the sluggish global elect...

South Korea’s Ssangyong Engineering & Construction Co. (Ssangyong E&C) said on Tuesday it has won a $57 million deal to build a 12-meg...

LAS VEGAS, NV -- LG Display Co., the global leading manufacturer of large-size organic light-emitting diode (OLED) panels, introduced the industry&r...

Kia EV9, the signature large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker Kia Corp., was named “2024 Nort...

CHANGWON, South Gyeongsang Province – Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is set to double its local gas turb...

South Korea’s Hyundai Motor Group saw its vehicle sales in the US rise to an all-time high in 2023, driven by its latest models of recreationa...

South Korean major refiners are upping the ante to win the market for electric vehicle lubricants and liquid coolants for heat management amid the r...