EV price war

Hyundai Motor Group said on Thursday that it plans to jointly develop the unmanned firefighting robot vehicle with the South Korean National Fire Ag...

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

North Asia-focused private equity firm MBK Partners Ltd. has raised its bid price to take control of Korea Zinc Inc. by 13.6%, increasing the cost f...

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 Motor Co. said on Tuesday that it released the model year of its high-performance electric vehicle (EV) the 2025 IONIQ 5 N.The 2025 IONIQ 5 ...

Daishin Securities Co. cut its price target on Nongshim Co.'s stock to 530,000 won ($397) from 550,000 won ($412) on Tuesday, saying the company's o...

Hyundai Motor Co. Executive Chairman Chung Euisun has vowed to turn the South Korean automotive conglomerate’s plant in the Czech Republic int...

KCGI, a South Korean private equity firm, has agreed to buy a controlling stake in Hanyang Securities Co. for 220.3 billion won ($166 million), slig...

South Korean top automaker Hyundai Motor Co. has slashed its long-term vehicle sales targets by 6% as it prepares for aggressive marketing by Chines...

MBK Partners Ltd. does not plan to sell Korea Zinc Inc., the world’s largest zinc and lead smelter, to China if MBK's takeover bid of up to 2 ...

MBK Partners Ltd., the North Asia-focused private equity firm, is set to take over Korea Zinc Inc. through an up to 2 trillion won ($1.5 billion) ho...

BMW Group Korea said on Thursday it opened the electric vehicle (EV) Charging Hub Lounge with GS Group and LG Group in Hoehyeon-dong, Seoul.The Char...

South Korea’s chemicals-to-defense conglomerate Hanwha Group plans to acquire all shares it does not own in Dyna-Mac Holdings Ltd., a Singapor...

Hyundai Motor Group said on Tuesday that the powertrain system mounted on its dedicated electric vehicle platform, E-GMP, has been named one of the ...

South Korea's KT Corp. said on Monday that it will expand its Artificial Intelligence Internet of Things (AIoT) video surveillance business to elect...

Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the best electric vehicle (EV) by Kelley Blue Book, the US vehicle valuation and automotiv...

Kbank, a South Korean online bank, is preparing to list on the main bourse Kospi at an estimated value of up to 5 trillion won ($3.8 billion) in the...

South Korea’s Hyundai Motor Co. and its sister firm Kia Corp. saw their US vehicle sales in August rise to all-time highs, driven by eco-frien...

German luxury carmaker Mercedes-Benz AG suffered a nosedive in EV sales in South Korea in August after a fire broke out in one of its electric vehic...

KCGI, a South Korean private equity firm, has been struggling to raise funds for its 244.9-billion-won ($183 million) purchase of a controlling stak...

Dried seaweed prices are rising at a fast pace despite handsome growth in production, leaving South Koreans puzzled over what is behind the steep pr...

LS Electric Co. plunged more than 9% on Monday, the first day of its inclusion in the Morgan Stanley Capital International (MSCI) Korea Index.On the...

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

MBK Partners’ planned sale of Homeplus Express, the supermarket chain of South Korean hypermarket operator Homeplus, has hit a snag as potenti...

Hyundai Motor Co. will double its hybrid vehicle lineup to 14 models and develop longer-range electric vehicles to overcome a prolonged slowdown or ...

South Korea’s electronics parts maker LG Innotek Co. actively increased patents related to its new growth driver automotive electronics while ...

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...

Korean food, or K-food, is popular around the world. And it’s almost become a rite of passage for foreigners who come to South Korea to try tr...

South Korean Husteel Co.'s long-term investments in Saudi Steel Pipe Co. are paying off as its share price surges on the back of deals with the king...