LG Chem opens Europe Innovation Center in Germany

LG Chem opens Europe Innovation Center in Germany

South Korea's LG Chem Ltd., the world’s fourth-largest chemicals manufacturer, said on Sunday the opening of its Europe Innovation Center in F...

Hyundai Glovis introduces EV drill lance on car carriers

Hyundai Glovis introduces EV drill lance on car carriers

South Korea's Hyundai Glovis Co. said on Thursday that it will introduce a special fire suppression tool, the EV (Electric Vehicle) - Drill Lance, f...

LG Energy, Stellantis’ EV battery JV in Canada mass-produces modules

LG Energy, Stellantis’ EV battery JV in Canada mass-produces modules

LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, said on Wednesday its joint venture in Canada with m...

Hyundai E&C, South Australia sign renewable energy, infrastructure deal

Hyundai E&C, South Australia sign renewable energy, infrastructure deal

South Korea’s Hyundai Engineering & Construction Co. said on Tuesday it has signed a comprehensive deal on cooperation in the renewable en...

Hyundai Motor Group six affiliates to strengthen carbon neutrality

Hyundai Motor Group six affiliates to strengthen carbon neutrality

Hyundai Motor Group said on Monday that six affiliates and Hyundai Engineering & Construction Co. signed a memorandum of understanding (MOU) for...

Lotte Duty Free renews Tokyo Ginza Store

Lotte Duty Free renews Tokyo Ginza Store

South Korea's Lotte Duty Free reopened its Tokyo Ginza Store in Tokyu Plaza Ginza on Wednesday after a complete renovation. This is the company's ...

LG Energy to supply batteries for Ford's electric commercial vehicles

LG Energy to supply batteries for Ford's electric commercial vehicles

LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, is set to supply battery cells and modules to US For...

Doosan Bobcat RogueX2 wins Red Dot Design Award

Doosan Bobcat RogueX2 wins Red Dot Design Award

South Korea's Doosan Bobcat said on Friday that its construction equipment RogueX2 won the prize in the Design Concept category at the Red Dot Desig...

LG Energy to supply EV batteries to Mercedes-Benz in N.America

LG Energy to supply EV batteries to Mercedes-Benz in N.America

LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, is set to supply cells to Mercedes-Benz AG, a German...

Hyundai Motor Group, D.Camp to host startup demo day

Hyundai Motor Group, D.Camp to host startup demo day

Hyundai Motor Group's open innovation platform ZER01NE said on Tuesday it partnered with startup accelerator D.Camp in collaboration with 19 finan...

LG Energy aims to more than double sales to $50 billion by 2028

LG Energy aims to more than double sales to $50 billion by 2028

LG Energy Solution Ltd. has vowed to more than double its sales in five years to 67 trillion won ($50 billion) by diversifying its battery products ...

Solus signs incentive agreement with Quebec

Solus signs incentive agreement with Quebec

Solus Advanced Materials, a South Korean copper foil supplier, said on Friday that its overseas subsidiary Volta Energy Solutions Canada signed an i...

SK Enmove, SQM ink supply deal for refrigerant material iodine

SK Enmove, SQM ink supply deal for refrigerant material iodine

SK Enmove Co. a lubricant-producing arm of SK Innovation Co., said on Thursday that it has signed a preliminary agreement to buy iodine from Socieda...

LG Chem develops material blocking battery thermal runaway

LG Chem develops material blocking battery thermal runaway

LG Chem Ltd. has developed a material that can prevent thermal runaway in a lithium-ion battery, one of the major hurdles to the expansion of the el...

Hyundai Motor Group to develop tech to cut Chinese precursor imports

Hyundai Motor Group to develop tech to cut Chinese precursor imports

Hyundai Motor Group, the world’s third-largest carmaker, has started developing electric vehicle battery technology to cut costs and reduce th...

LG Energy Solution tops EV battery quality in China

LG Energy Solution tops EV battery quality in China

South Korea's LG Energy Solution Ltd. was selected as the top company for battery quality in China, surpassing Chinese battery manufacturers CATL an...

SK On to cut jobs for first time amid sustained EV weakness

SK On to cut jobs for first time amid sustained EV weakness

SK On Co., the world’s fifth-largest electric vehicle battery maker, plans to cut its workforce with the company’s first voluntary retir...

Korean cosmetics fly off shelves on Amazon, other e-commerce platforms

Korean cosmetics fly off shelves on Amazon, other e-commerce platforms

South Korean cosmetics are top picks among beauty products on Amazon.com and other global e-commerce platforms amid the growing popularity of K-beau...

LG Energy Solution’s battery management business gains traction

LG Energy Solution’s battery management business gains traction

LG Energy Solution Ltd. has kicked off a battery management total solution (BMTS) business to offer automakers more advanced and comprehensive batte...

Hyundai Motor eyes EV battery production from 2027

Hyundai Motor eyes EV battery production from 2027

Hyundai Motor Co. is preparing to build its first electric vehicle battery production lines by around 2027, taking its first step to internalize bat...

Hyundai Steel set to supply iron powder to Korean LFP cathode makers

Hyundai Steel set to supply iron powder to Korean LFP cathode makers

Hyundai Steel Co., a unit of South Korean automotive group Hyundai Motor Co., is set to enter the battery materials business by supplying iron powde...

Hanwha unveils carbon-free gas carrier amid tougher rules

Hanwha unveils carbon-free gas carrier amid tougher rules

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has introduced a carbon-free gas carrier to meet the growing demand for eco-friendl...

Mobility firms, banks replace battery, K-culture stocks in KEDI 30 Index

Mobility firms, banks replace battery, K-culture stocks in KEDI 30 Index

Mobility, financial services and biotech companies have elbowed out battery and entertainment stocks in the KEDI Innovator ESG 30 Index in an annual...

Samsung SDI relinquishes polarizer film unit for $834 mn

Samsung SDI relinquishes polarizer film unit for $834 mn

Samsung SDI Co., the South Korean battery maker with the world’s sixth-largest market share, has decided to sell its polarizer film business t...

Lotte Energy completes pilot plant for solid-state battery electrolyte

Lotte Energy completes pilot plant for solid-state battery electrolyte

Lotte Energy Materials Corp., one of South Korea’s leading battery materials makers, has completed a pilot plant for the production of sulfide...

High-performance 4680 battery war is on; LG Energy takes lead over rivals

High-performance 4680 battery war is on; LG Energy takes lead over rivals

With stagnating electric vehicle sales or an EV chasm set to be prolonged, battery makers are increasingly turning their sights toward next-generati...

HD Hyundai Electric wins $50 mn transformer order in Sweden

HD Hyundai Electric wins $50 mn transformer order in Sweden

South Korea's HD Hyundai Electric Co. said in a regulatory filing on Friday that it signed a 66.2 billion won ($49.6 million) contract to supply pow...

Samsung SDI, GM to build $3.5 bn EV battery plant in US

Samsung SDI, GM to build $3.5 bn EV battery plant in US

Samsung SDI Co., the world’s No. 6 battery maker, and General Motors Co., the leading US automaker, are set to build a $3.5 billion cell plant...

Lotte develops nickel-plated foil for solid-state batteries

Lotte develops nickel-plated foil for solid-state batteries

Lotte Energy Materials Corp., a major South Korean battery materials maker, said on Tuesday it has developed a nickel-plated copper foil for use in ...

Kakao Pay to run Pangyo office with renewable energy

Kakao Pay to run Pangyo office with renewable energy

South Korea’s Kakao Pay Corp. said on Monday that it signed a green premium purchase agreement with Korea Electric Power Corp. (KEPCO), the So...

Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking