China exclusive EV
Scope
Date
~
-
Korean chipmakers
SK Hynix’s turnaround gains traction from US, China
SK Hynix Inc., the world’s No. 2 memory chipmaker, has made a significant business turnaround in the US and China, which made up 80% of its sa...
Aug 18, 2024 (Gmt+09:00)
-
Electric vehicles
Hyundai, Kia to apply BMS to all EVs for fire prevention
Hyundai Motor Group, the world’s third-largest automaker, plans to install its battery management system (BMS) in all its electric vehicles to...
Aug 16, 2024 (Gmt+09:00)
-
Petrochemicals
Hyosung, Kolon’s tire cord plants running near 100% on insatiable demand
The business outlook is bright for Hyosung Advanced Materials Corp. and Kolon Industries Inc., the world’s top two tire cord producers based i...
Aug 15, 2024 (Gmt+09:00)
-
Electric vehicles
Fire-plagued Mercedes uses Chinese cells for most EVs in S.Korea
Mercedes-Benz AG, a German luxury carmaker hit by an electric vehicle fire in South Korea, said most of its EV models in the country are equipped wi...
Aug 14, 2024 (Gmt+09:00)
-
Electric vehicles
Hyundai to develop EREV powertrain for electric pickup, Santa Fe, GV70
South Korea’s top automaker Hyundai Motor Group is developing a next-generation powertrain, known as a range extender, for pickup trucks and s...
Aug 13, 2024 (Gmt+09:00)
-
Electric vehicles
Mercedes, BMW, Audi, VW offer deep discounts amid EV phobia in Korea
Imported vehicle dealers in South Korea are offering deep price cuts amid the growing electric vehicle phobia following a Mercedes-Benz EV blaze tha...
Aug 12, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
Korean shipbuilder Samsung Heavy resumes Asia push
Samsung Heavy Industries Co., a leading South Korean shipbuilder, is set to resume investments in its China-based facilities while considering launc...
Aug 12, 2024 (Gmt+09:00)
-
Electric vehicles
Half of EV imports in Korea run on Chinese batteries as EV fires rise
Of 58 electric vehicle models running on the streets of South Korea, 22 models are equipped with Chinese batteries, a survey showed on Friday.Accord...
Aug 09, 2024 (Gmt+09:00)
-
Energy
Korea seeks to curb China's offshore wind farm dominance
South Korea will prioritize non-price factors such as economic security and contributions to the domestic supply chain over bidding prices when sele...
Aug 09, 2024 (Gmt+09:00)
-
Future mobility
Electrification, Hyundai Mobis’ growth engine for future mobility
Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mob...
Aug 09, 2024 (Gmt+09:00)
-
Batteries
Hyundai Glovis, Huayou join hands for EV battery recycling
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, has teamed up with a unit of China’s Zhejiang Huayou Cobalt...
Aug 06, 2024 (Gmt+09:00)
-
Electric vehicles
LS Cable breaks ground for bus ducts plant in Mexico
South Korea's LS Cable & System Ltd. broke ground for two factories in Mexico on August 2: one for bus ducts, or a large-scale power distributio...
Aug 05, 2024 (Gmt+09:00)
-
Regulations
S.Korea, China's technology leak, anti-dumping disputes surge
South Korean companies are getting tough on anti-dumping and patent infringement cases as they feel threatened by the intensifying price competition...
Aug 02, 2024 (Gmt+09:00)
-
Automobiles
IONIQ 5 N selected as official car of Fuji Speedway Circuit
Hyundai Motor Co. announced that its high-performance electric vehicle (EV) the IONIQ 5 N was selected as the official car of Japan's Fuji Speedwa...
Aug 02, 2024 (Gmt+09:00)
-
Companies
Samsung, Ottogi unveil exclusive lifestyle TV goods
Samsung Electronics Co. announced on Friday that it collaborated with the domestic food company Ottogi to release limited edition goods called Samsu...
Aug 02, 2024 (Gmt+09:00)
-
Earnings
SK On logs record quarterly loss on sluggish EV market
SK On Co., the world’s fifth-largest battery maker, on Thursday reported a record quarterly loss on the prolonged weakness in the electric veh...
Aug 01, 2024 (Gmt+09:00)
-
Earnings
EcoPro BM may cut battery materials capacity on EV slowdown
South Korea’s leading battery materials maker EcoPro BM Co. is considering reducing cathode output capacity despite continuous investments in ...
Jul 31, 2024 (Gmt+09:00)
-
Automobiles
Kia’s Chinese business makes turnaround as it becomes export base
South Korean automaker Kia Corp.'s Chinese business has been struggling for years amid escalating tension between the US and China – Korea&rsq...
Jul 30, 2024 (Gmt+09:00)
-
Batteries
Samsung SDI’s Q2 profit drops on sluggish European EV sales
Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, saw its second-quarter operating profit plunge from the year-earlie...
Jul 30, 2024 (Gmt+09:00)
-
Fashion
F&F to expand Discovery brand across Asia
F&F Co., a South Korean clothing company, said on Monday it signed an exclusive deal with Warner Bros. Discovery (WBD) to bring the outdoor bran...
Jul 29, 2024 (Gmt+09:00)
-
Electronics
S.Korea relinquishes control to China in smaller OLED market
LG Display Co. and Samsung Display Co. lost ground to their Chinese rivals in the global small and mid-sized organic light-emitting diode (OLED) pan...
Jul 26, 2024 (Gmt+09:00)
-
Automobiles
Kumho Tire holds Latin American dealer convention
South Korea's Kumho Tire Co. announced on Friday that it held the Kumho Dealer Convention event from July 20 to 22 in Sao Paulo, Brazil, inviting ab...
Jul 26, 2024 (Gmt+09:00)
-
Beauty & Cosmetics
China is LG H&H’s headache amid global K-beauty boom
South Korean cosmetics giant LG H&H Co. has yet to benefit from the global K-beauty boom due to its heavy dependence on China, the world’s...
Jul 26, 2024 (Gmt+09:00)
-
Electric vehicles
Hyundai, Kia to hike prices of low-cost EVs for profitability
Hyundai Motor Group, the world’s third-largest carmaker, plans to increase prices of the existing low-cost electric vehicles in the second hal...
Jul 25, 2024 (Gmt+09:00)
-
Electric vehicles
Hyundai eyes Japan’s commercial EV market in e-bus deal with Iwasaki
South Korean top automaker Hyundai Motor Co. said on Tuesday it is supplying its all-electric Elec City Town buses to Iwasaki Group, effectively ent...
Jul 23, 2024 (Gmt+09:00)
-
Automobiles
Hyundai Motor forms EV Charging Alliance in Indonesia
Hyundai Motor Co. announced on Monday that it established the Hyundai EV Charging Alliance with six local private charging operators at the Gaikindo...
Jul 23, 2024 (Gmt+09:00)
-
Automobiles
Kia overtakes Hyundai in US EV market driven by SUVs
Kia Corp., South Korea’s No. 2 carmaker after sister company Hyundai Motor Co., is racing ahead in the sports utility vehicle (SUV) and electr...
Jul 22, 2024 (Gmt+09:00)
-
Batteries
SK ties up with BlackRock-backed Korean startup for EV chargers
SK Signet Inc., South Korea’s electric vehicle charger manufacturer, joined hands with a local renewable energy startup backed by global asset...
Jul 19, 2024 (Gmt+09:00)
-
Bio & Pharma
GC Biopharma sells HK subsidiary to CR Pharm Group for $254 mn
South Korea’s GC Biopharma Corp. announced on Wednesday that it signed a share purchase agreement (SPA) to sell all its shares in its Hong Kon...
Jul 18, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
SK Telecom launches In-flight wi-fi service
South Korea's SK Telecom Co. announced on Wednesday that it launched the T In-flight wi-fi service.This service will initially be available on six a...
Jul 17, 2024 (Gmt+09:00)
Latest News
- 1 BMW Surpasses Mercedes in Sales – Imported Car Market 'Shake-Up'
- 2 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 3 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 4 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 5 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google