new car development

South Korea’s artificial intelligence technology startups Allganize Inc. and Neurophet Inc. raised about 47 billion won ($35 million) in total...

Hyundai Motor Group plans to build a flying electric taxi plant in the US as the South Korean automotive group aims to bring flying cars to the mark...

South Korean biotech company Gencurix Inc. announced on Wednesday its subsidiary GenoBio has received approval from the US Food and Drug Admini...

Imported passenger cars are expected to see their first retreat in four years in South Korea on the growing popularity of domestic luxury models suc...

Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, announced on Wednesday it plans...

Prices of secondhand electric vehicles are falling in South Korea as drivers are increasingly less enchanted with eco-friendly vehicles due to weak ...

South Korea's SK E&S announced on Tuesday it signed a memorandum of understanding (MOU) with Plug Power, K-water, and SK Plug Hyverse to expand ...

LG Electronics Inc. plans to open LG Advanced Cold Climate Heat Pump Laboratory in Alaska, the US for the development of heating, ventilation, &...

South Korea’s SK Geo Centric Co. is using recycled materials for product packaging as it aims to transform itself into a green petrochemical p...

As on-device artificial intelligence, designed for smart gadgets such as smartphones, laptops and autonomous-driving cars, emerges as a mega-trend f...

South Korea’s mobility platform operator Socar Inc. has introduced a car-sharing service utilizing generative artificial intelligence in coope...

South Korea's information technology service provider LG CNS announced on Friday it has signed a memorandum of understanding (MOU) for a digital tra...

South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) opened a branch in Ashgabat, the capital of Turkmenistan, on Oct. 31, the c...

South Korea's KG Mobility Corp. has partnered with China's largest electric vehicle company BYD to build a battery pack factory in South Korea. They...

Hillhouse Investment Management Ltd., one of the largest private equity firms in Asia, is set to create an investment team dedicated to the South Ko...

HMM Co., South Korea’s top shipping company, is expanding its fleet, especially bulk carriers, for stable profits amid the sluggishness of the...

South Korea’s Hyundai Motor Group saw the combined operating profit of its 11 affiliates more than double in the third quarter as Chairman Chu...

Kia Corp. unveils the new K5, a facelift model of its signature midsize sedan K5. This car is the revamped of third-generation K5, launched in 2019....

Korea Hydro & Nuclear Power Co. (KHNP) has submitted a final bid to the Czech Republic’s state-run Elektrarna Dukovany II (EDU II) to cons...

South Korean battery materials maker EcoPro Co. announced on Wednesday its subsidiary EcoPro Innovation signed a memorandum of understanding (MOU) w...

SK Innovation Co. said on Wednesday it will bolster its alliance with Japan's largest petroleum refiner ENEOS. This decision builds on their histor...

South Korea's KT Corp. plans to apply smart city technologies such as quantum communication and cybersecurity to Nusantra, the new administrative ca...

Hyundai Motor Co. is going all out to revive drivers’ interest in electric vehicles with significant price cuts in the US, the world’s s...

SHANGHAI – E-Land World Ltd., a South Korean fashion and retail company, is gearing up for another leap forward in China, where the company&rs...

South Korea's Daewoong Pharmaceutical announced on Tuesday it signed with memorandum of understanding (MOU) with Merck Life Science to build an arti...

South Korea's Woori Bank plans to open two new branches in India in the first half of next year. The bank announced on Tuesday it has obtained ...

South Korea plans to put its first lunar lander on the moon by 2032.  In a meeting of the National R&D Project Evaluation Advisory Commit...

South Korea’s game publishing giant Nexon Co. is set to release another blockbuster game after its new first-person shooting game “The F...

South Korea's KT Corp. announced on Monday it has developed and validated specialized antennas that can efficiently establish a fifth-generation (5G...

Hyundai Rotem Co., a South Korean manufacturer of rolling stock, defense products and plant equipment, in a world first has commercialized a train s...