2025 Kia EV Day
Scope
Date
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Batteries
SK On to sell $360 mn in perpetual bonds amid tough EV market
SK On Co., the world’s fifth-largest electric vehicle battery maker, plans to sell 500 billion won ($359.6 million) in its first perpetual bon...
Jun 25, 2024 (Gmt+09:00)
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Markets
Korea's bet on US assets up on bull stocks, EV incentives
South Korea’s financial assets in the US hit a record high last year due to the US stock market rally and Korean companies’ capital inje...
Jun 25, 2024 (Gmt+09:00)
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Corporate bonds
EV battery maker LG Energy eyes $2 bn global bond sale
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery maker, is poised to raise $2 billion in global bonds by the end of...
Jun 25, 2024 (Gmt+09:00)
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Chemical Industry
Lotte Chemical develops anti-thermal runaway material
Lotte Chemical Corp., South Korea’s second-largest petrochemicals company seeking to ramp up value-added advanced materials production, has de...
Jun 20, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor debuts 2025 Avante with improved cluster space use
Hyundai Motor Co. announced on Thursday that it has launched the updated model of the compact sedan, 2025 Avante, and has begun full-scale sales.Sin...
Jun 20, 2024 (Gmt+09:00)
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Electric vehicles
LG Elec, ChargePoint to collaborate for EV charging
LG Electronics Inc. announced on Wednesday that it had recently signed a business agreement with the No. 1 electric vehicle (EV) charging operator (...
Jun 19, 2024 (Gmt+09:00)
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Batteries
Hyundai, LG Energy to jointly develop EV battery swapping service
South Korea’s Hyundai Motor Co. will join forces with the world’s leading battery maker LG Energy Solution Ltd. to launch electric vehic...
Jun 13, 2024 (Gmt+09:00)
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Electric vehicles
SK, Geely join forces for EV battery, component production
SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, will join forces with Chinese auto giant Zhejiang Geely Holding Gro...
Jun 12, 2024 (Gmt+09:00)
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Banking & Finance
Kookmin to revive Indonesian banking arm through digitalization
KB Bukopin, the Indonesian banking arm of South Korea’s Koomin Bank, extended its losing streak through the first quarter of this year, weighe...
Jun 12, 2024 (Gmt+09:00)
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Electric vehicles
POSCO Int'l breaks ground on traction motor core plant in Poland
South Korea's POSCO International Corp., broke ground on the new electric vehicle (EV) traction motor core plant in Brzeg, Opole Voivodeship, Poland...
Jun 12, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Transys to export EV drive systems to CEER
Hyundai Transys Inc., an auto parts affiliate of Hyundai Motor Group, announced on Wednesday that it signed a contract to supply a 3 trillion won ($...
Jun 12, 2024 (Gmt+09:00)
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Pension funds
Korea may mandate pension plans for all workplaces from 2025
South Korea is seeking to introduce corporate pension plans to all workplaces in stages starting next year, alongside mandatory contributions to the...
Jun 11, 2024 (Gmt+09:00)
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Automobiles
Kia launches 2024 model year of Morning
Kia Corp. announced on Monday that it launched its flagship compact car Morning's model year the 2024 Morning. The 2024 Morning featured the ne...
Jun 10, 2024 (Gmt+09:00)
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ESG
Hyundai, Kia to require stricter ESG compliance from subcontractors
South Korea’s top automaker Hyundai Motor Group plans to require stricter environmental, social and governance compliance from its partners st...
Jun 10, 2024 (Gmt+09:00)
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Electric vehicles
US, China to serve as Kia’s key offshore EV production bases
Kia Corp., South Korea’s second-largest carmaker after its sibling Hyundai Motor Co., has upped the stakes in China and the US to bolster its ...
Jun 09, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai to launch EV model of Staria minivan in 2026
South Korea’s top automaker, Hyundai Motor Co., is slated to launch an electric vehicle model of its Staria van in 2026 to respond to the inte...
Jun 07, 2024 (Gmt+09:00)
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Machinery
Doosan Bobcat ramps up Chennai plant in India
Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, announced on Wednesday that it compl...
Jun 05, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor launches 2025 model year of Grandeur
Hyundai Motor Co. announced on Wednesday that it launched its flagship sedan Grandeur's model year the 2025 Grandeur. The Grandeur is Hyundai M...
Jun 05, 2024 (Gmt+09:00)
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Batteries
LG Energy, ADI tie up for fast-charging EV battery technologies
LG Energy Solution Ltd., the world’s No. 3 electric vehicle battery maker, joined hands with US chipmaker Analog Devices Inc. (ADI) on advance...
Jun 05, 2024 (Gmt+09:00)
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Electric vehicles
LG-Kakao EV charger JV LG Uplus VoltUp sets sail
LG Uplus Corp., South Korea’s third-largest mobile carrier, and the country’s largest taxi-hailing platform Kakao Mobility Corp. officia...
Jun 05, 2024 (Gmt+09:00)
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Steel
South Korean steelmakers run plants only at night as demand plummets
South Korea’s major steelmakers are running their plants only at night to cut costs as demand for rebars, or reinforced bars, widely used in t...
Jun 05, 2024 (Gmt+09:00)
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Batteries
Ultium Cells Spring Hill: LG, GM’s EV battery bastion in North America
NASHVILLE – Some 60 km south of Nashville, the capital of Tennessee, lies a huge plant churning out battery cells that will eventually land in...
Jun 04, 2024 (Gmt+09:00)
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Energy
POSCO, Hancock to invest $432 mn in Senex's LNG production
POSCO International Corp., the general trading and resources exploration unit of South Korean steel giant POSCO Holdings Inc., said on Tuesday that ...
Jun 04, 2024 (Gmt+09:00)
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Automobiles
Eco-friendly cars reboot Hyundai, Kia’s US sales in May
Hyundai Motor Co. and Kia Corp., car manufacturers of the global No. 3 automaker Hyundai Motor Group, reported a rebound last month on sales in the ...
Jun 04, 2024 (Gmt+09:00)
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Batteries
Hyundai Glovis, EcoPro team up for EV battery recycling business
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, and EcoPro Co., the country’s leading electric vehicle batt...
Jun 03, 2024 (Gmt+09:00)
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Electronics
LG screens World Environment Day campaign in New York, London
LG Electronics Inc. announced on Monday that it has screend the World Environment Day (June 5) campaign video on its outdoor billboards in New York'...
Jun 03, 2024 (Gmt+09:00)
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Korean games
Line Games to launch The Play of Genesis in Taiwan, Hong Kong
South Korea's Line Games Corp. announced on Friday that it signed a publishing agreement with Vietnam's tech giant VNG for the mobile game The Play ...
May 31, 2024 (Gmt+09:00)
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Hydrogen economy
Hyundai E&C to build Korea's 1st electrolysis-based hydrogen plant
Hyundai Engineering & Construction Co. (Hyundai E&C) has broken ground on South Korea’s first hydrogen production plant using water el...
May 30, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix works on next-generation HBM chip supply plans for 2025
South Korea’s SK Hynix Inc. said on Thursday it is working on next year’s supply plans for its high-bandwidth memory (HBM) chips as clie...
May 30, 2024 (Gmt+09:00)
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Electric vehicles
Kia EV9 poised to hit 50,000 unit mark in a year on strong exports
Kia Corp., South Korea’s No. 2 automaker, is poised to sell 50,000 units of its flagship all-electric sport utility vehicle EV9 within one yea...
May 29, 2024 (Gmt+09:00)
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