Electric vehicles
Electric vehicles
China’s BYD to enter South Korea’s passenger electric car market
Feb 12, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai, BAIC join hands to develop China-only EV brand
BEIJING – Hyundai Motor Co. has joined hands with Beijing Motor Corp. (BAIC) to debut a new electric vehicle brand specifically tailored to Chi...
Jan 29, 2024 (Gmt+09:00)
4 Min read -
Electric vehicles
Hyundai unveils aerodynamic tech to increase EV mileage
Hyundai Motor Group on Tuesday unveiled an aerodynamic technology to increase electric vehicles’ mileage as the world’s third-largest aut...
Jan 23, 2024 (Gmt+09:00)
2 Min read -
Electric vehicles
Hyundai, LG ask US to ease EV tax benefit requirements
South Korean electric vehicle and battery makers including Hyundai Motor Group and LG Energy Solution Ltd. have asked the US to ease requirements for...
Jan 22, 2024 (Gmt+09:00)
5 Min read -
Electric vehicles
POSCO Int'l to supply motor cores to Hyundai, Kia in Europe
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 v...
Jan 18, 2024 (Gmt+09:00)
2 Min read -
Electric vehicles
Hyundai, Kia offer up to $7,500 discounts for EVs in US
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 maxi...
Jan 14, 2024 (Gmt+09:00)
3 Min read -
Electric vehicles
Hyundai to invest an additional $744 mn in Indian hydrogen biz
Hyundai Motor Co., South Korea’s top automaker, is set to invest an additional $744 million in India for a hydrogen ecosystem to lead the futur...
Jan 08, 2024 (Gmt+09:00)
1 Min read -
Electric vehicles
LG gets UL certification for EV charger
LG Electronics Inc. said on Friday that its electric vehicle (EV) charger has received certification from Underwriters Laboratories (UL), the US-bas...
Dec 29, 2023 (Gmt+09:00)
1 Min read -
Electric vehicles
HD Hyundai Oilbank launches dedicated EV lubricant
South Korea’s HD Hyundai Oilbank said on Thursday that it launched a new dedicated electric vehicle (EV) lubricant brand the Hyundai XTeer EVF ...
Dec 28, 2023 (Gmt+09:00)
1 Min read -
Electric vehicles
Shinsegae I&C to open charging station Spharos EV
South Korea’s Shinsegae I&C Inc. announced on Monday that its electric vehicle (EV) charging service Spharos EV will introduce a total of ...
Dec 18, 2023 (Gmt+09:00)
1 Min read -
Electric vehicles
Hyundai's Kona makes French EV subsidy eligibility list
Hyundai Motor Co.'s sports utility vehicle Kona is the only Korean EV included on a list of 78 electric vehicle models eligible for French subsidies,...
Dec 15, 2023 (Gmt+09:00)
3 Min read -
Electric vehicles
Carmakers to expand affordable EV, hybrid lineups in Korea
Carmakers in South Korea are slated to unveil new electric vehicle models at cheaper prices next year to revive the sputtering EV market and also rol...
Dec 11, 2023 (Gmt+09:00)
3 Min read -
Electric vehicles
POSCO International wins green car parts orders from US, Europe
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is accelerating it...
Dec 06, 2023 (Gmt+09:00)
3 Min read -
Electric vehicles
Kia EV9 sweeps European awards, sees strong US pre-orders
The Kia EV9, the flagship large all-electric sport utility vehicle of South Korea’s No. 2 automaker, is sweeping major industrial awards in Eur...
Dec 04, 2023 (Gmt+09:00)
1 Min read -
Electric vehicles
LG Elec to venture into US EV charger market in 2024
South Korea’s LG Electronics Inc. is readying to enter the US electric vehicle charger market with the launch of EV chargers in the first half ...
Nov 16, 2023 (Gmt+09:00)
1 Min read -
Electric vehicles
Hyundai breaks ground on $1.5 bn EV plant in S.Korea
ULSAN -- Hyundai Motor Co., the world’s third-largest automaker along with its affiliate Kia Corp., on Monday broke ground for a dedicated elec...
Nov 13, 2023 (Gmt+09:00)
4 Min read -
Electric vehicles
Polestar 4 EV to be built at Renault’s Korean plant from 2025
Swedish electric vehicle maker Polestar will build its upcoming Polestar 4 SUV coupe at Renault Group’s manufacturing plant in South Korea from...
Nov 10, 2023 (Gmt+09:00)
3 Min read -
Electric vehicles
POSCO Int’l to invest $519 mn in EV parts output expansion
POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., plans to spend 680 billion won ($519.1...
Nov 09, 2023 (Gmt+09:00)
3 Min read -
Electric vehicles
POSCO International wins $761 mn EV parts supply deal from US carmaker
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., has won a 1 trilli...
Nov 08, 2023 (Gmt+09:00)
3 Min read -
Electric vehicles
Hyundai Mobis raises $940 mn via loan for EV parts plants in US
Hyundai Mobis Co., an auto part-making unit of Hyundai Motor Group, has raised $940 million via an overseas loan to build facilities for its electrif...
Nov 08, 2023 (Gmt+09:00)
1 Min read -
Electric vehicles
Used electric vehicle prices drop in Korea with declining EV appeal
Prices of secondhand electric vehicles are falling in South Korea as drivers are increasingly less enchanted with eco-friendly vehicles due to weak n...
Nov 07, 2023 (Gmt+09:00)
2 Min read -
Electric vehicles
SK On signs deal to supply NCM battery cells to Sweden’s Polestar 5 EV
SK On Co., the battery-making affiliate of South Korea’s SK Group, has signed a deal to supply nickel-cobalt-manganese (NCM) battery cell modul...
Nov 06, 2023 (Gmt+09:00)
2 Min read -
Electric vehicles
Hyundai bets big on deep discounts to survive EV plateau
Hyundai Motor Co. is going all out to revive drivers’ interest in electric vehicles with significant price cuts in the US, the world’s se...
Oct 31, 2023 (Gmt+09:00)
2 Min read -
Electric vehicles
Mobile carrier LG Uplus makes inroads into EV charger market
LG Uplus Corp., South Korea’s mobile and broadband service provider, has released the prototype of its first electric vehicle charger to make i...
Oct 24, 2023 (Gmt+09:00)
2 Min read -
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)
2 Min read -
Electric vehicles
LG Innotek gains int'l licensor status for EV charging tech
South Korean electronic parts maker LG Innotek has received global recognition for its international standard patents for electric vehicle (EV) charg...
Oct 16, 2023 (Gmt+09:00)
1 Min read -
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)
3 Min read -
Electric vehicles
Kia unveils low-cost EV models to reboot sales growth
Kia Corp., South Korea’s No. 2 automaker, showcased new low-cost electric vehicles on Thursday to boost the slowing growth in clean automobiles...
Oct 12, 2023 (Gmt+09:00)
4 Min read -
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 Ko...
Oct 11, 2023 (Gmt+09:00)
3 Min read -
Electric vehicles
POSCO Int’l to build permanent magnet factory in US with Star Group
South Korea’s steel giant POSCO Holdings Inc. is expediting its push to expand its presence in the electric vehicle supply chain, one of seven ...
Oct 03, 2023 (Gmt+09:00)
6 Min read
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