Hyundai Oilbank to develop eco-friendly e-fuels with Danish firm

Hyundai Oilbank to develop eco-friendly e-fuels with Danish firm

Hyundai Oilbank Co. plans to develop eco-friendly electrofuels, or e-fuels, jointly with Denmark's Haldor Topsoe as the South Korean oil refiner has...

Hyundai Motor to debut IONIQ 7 concept in November LA auto show

Hyundai Motor to debut IONIQ 7 concept in November LA auto show

Hyundai Motor Co. on Thursday revealed teaser images of SEVEN, an all-electric SUV concept that would be the IONIQ 7, its first large-size SUV under...

Inflation in Korea nears decade high, fuels fears of more rate hikes

Inflation in Korea nears decade high, fuels fears of more rate hikes

South Korea’s consumer inflation accelerated to a near-10-year high in October, while exports reported an eighth straight month of double-digi...

Hyundai, Kia invest in US solid-state battery startup Factorial

Hyundai, Kia invest in US solid-state battery startup Factorial

Hyundai Motor Co. and Kia Corp. invested in US solid-state battery startup Factorial Energy in a move to secure various technologies for the next-ge...

NPS to up strategic partnerships with global institutions

NPS to up strategic partnerships with global institutions

The National Pension Service (NPS) will increase strategic investments with leading global institutional investors to boost overseas alternative inv...

Hyundai Mobis develops wheels that turn 90 degrees

Hyundai Mobis develops wheels that turn 90 degrees

Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has developed technology to allow wheels to turn by 90 degrees, aiding in sharper vehi...

Tesla’s shift to LFP cells to shake global battery industry

Tesla’s shift to LFP cells to shake global battery industry

Tesla Inc.’s shift to less expensive batteries for its electric vehicles is expected to shake the global battery industry.The world’s to...

Edison CEO aspires to be Korea’s Elon Musk with Ssangyong takeover

Edison CEO aspires to be Korea’s Elon Musk with Ssangyong takeover

Kang Young-kwon, chairman and chief executive of South Korea’s Edison Motors Co., was virtually unheard of in the country’s automobile i...

GM says it will recover $1.9 billion of Bolt-recall costs from LG

GM says it will recover $1.9 billion of Bolt-recall costs from LG

General Motors Co. said it would recover from supplier LG Electronics Inc. nearly all of the $2 billion cost of recalling Chevrolet B...

S.Korea sees tenfold rise in hydrogen fuel use by 2030

S.Korea sees tenfold rise in hydrogen fuel use by 2030

South Korea will sharply increase the adoption of hydrogen as a fuel of transportation, industrial plants and power generators to become the world's...

Hyundai Mobis breaks ground on $1.1 bn hydrogen fuel cell plants

Hyundai Mobis breaks ground on $1.1 bn hydrogen fuel cell plants

Hyundai Mobis Co., the auto parts unit of Hyundai Motor Group, on Thursday broke ground on a hydrogen fuel cell plant, part of its 1.32 trillion won...

SK, Plug Power launch JV to grab Asia’s hydrogen fuel cell market

SK, Plug Power launch JV to grab Asia’s hydrogen fuel cell market

SK Group’s city gas supplier SK E&S Co. said on Oct. 6 that it has officially kicked off the joint venture (JV) with the American hydrogen...

China power crisis, US tightening chill sentiment on Korea IT sector

China power crisis, US tightening chill sentiment on Korea IT sector

Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...

LG Elec to start automotive cybersecurity business

LG Elec to start automotive cybersecurity business

South Korea’s LG Electronics Inc. is about to start automotive security business, expanding its car electronics technology portfolio by taking...

Hyundai Motor to start hydrogen popularization in 2040

Hyundai Motor to start hydrogen popularization in 2040

Hyundai Motor Group, the world’s fifth-largest automaker, declared to make 2040 the first year of hydrogen energy popularizationThe group was ...

KB Fin, Shinhan invest in Sweden's wind farm via joint fund

KB Fin, Shinhan invest in Sweden's wind farm via joint fund

South Korea's two banking giants -- KB Financial Group and Shinhan Financial Group -- have invested a combined 80 billion won ($68 million) in a win...

Hyundai, LG Energy break ground on $1.1 bn Indonesia battery plant

Hyundai, LG Energy break ground on $1.1 bn Indonesia battery plant

Hyundai Motor Co. and LG Energy Solution Ltd. have begun construction of a $1.1 billion battery cell plant in Indonesia as the two South Korean comp...

Volvo unveils new XC60 with SKT in-vehicle infotainment

Volvo unveils new XC60 with SKT in-vehicle infotainment

An artificial intelligence personal assistant sets up a destination for a GPS navigation. The AI assistant texts others the estimated arrival time...

Korea refiners' recovery accelerates on strong margins

Korea refiners' recovery accelerates on strong margins

South Korean refiners are gathering recovery momentum as refining margins hit a two-year high on falling petroleum product supply from China and r...

Taihan Cable lands $36 mn US infrastructure deal ahead of LA Olympics

Taihan Cable lands $36 mn US infrastructure deal ahead of LA Olympics

South Korea’s oldest electric wire maker Taihan Cable & Solution Co., formerly known as Taihan Electric Wire Co. until under IMM PE’...

Philippines LCS Group to invest more in Korea tourism

Philippines LCS Group to invest more in Korea tourism

The Philippines LCS Group of Companies plans to expand investment in South Korea’s tourism as the Northeast Asian country is expected to attra...

Genesis goes green as Hyundai Motor accelerates EV push

Genesis goes green as Hyundai Motor accelerates EV push

South Korea’s top automaker Hyundai Motor Co. on Thursday unveiled its vision for a sustainable future, in which all its new vehicles under th...

US, Korea approve nuclear fuel recycle technology

US, Korea approve nuclear fuel recycle technology

Authoritie of the United States and South Korea officially endorsed the results of a joint research on Pyro-SFR, a cutting-edge technology that re...

Kolon enters private space business with composite materials

Kolon enters private space business with composite materials

Kolon will be the next major South Korean business group to join the race in the fast-growing space sector by developing and making light composite ...

Korea’s hydrogen council to launch Sept. 8; Hyundai to unveil new tech

Korea’s hydrogen council to launch Sept. 8; Hyundai to unveil new tech

The South Korean version of the Hydrogen Council, a global CEO-led initiative to harness the clean energy source, will officially launch on Sept. 8 ...

Hyundai Oilbank to make hydrogen fuel cell components from 2023

Hyundai Oilbank to make hydrogen fuel cell components from 2023

Hyundai Oilbank Co. will enter the hydrogen fuel cell components market by building separator production plants within this year with commercializat...

Hyundai Mobis to invest $1.1 bn to make hydrogen fuel cells

Hyundai Mobis to invest $1.1 bn to make hydrogen fuel cells

Hyundai Motor Group’s long-term ambition to create a full-fledged hydrogen value chain, from fuel cell production to hydrogen-powered logist...

Samsung Heavy wins approval for ammonia-ready ship design

Samsung Heavy wins approval for ammonia-ready ship design

Samsung Heavy Industries obtained a certificate for its basic design to revamp a liquefied natural gas (LNG) or diesel-powered crude tanker into an ...

SK E&S gears up for more US renewable energy investment'

SK E&S gears up for more US renewable energy investment'

SK E&S Co, South Korea’s top city gas supplier, is preparing for additional investment in the US renewable energy sector. The move is to e...

Hydrogen tank maker Iljin Hysolus to make Kospi debut Sept. 3

Hydrogen tank maker Iljin Hysolus to make Kospi debut Sept. 3

South Korea’s leading hydrogen tank maker Iljin Hysolus Co. will be listed on Kospi on Sept. 3, according to the company’s IPO briefing ...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation