EV sales

South Korea's Lotte Rental Co. said on Thursday that it established an overseas subsidiary in Dubai, United Arab Emirates (UAE), to boost the expo...

South Korea’s leading battery materials maker EcoPro BM Co. is considering reducing cathode output capacity despite continuous investments in ...

South Korea’s LG Chem Ltd. has emerged as the world’s fourth chemicals producer, the second Asian company to be among the five largest a...

Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, saw its second-quarter operating profit plunge from the year-earlie...

South Korean confectionery giant Lotte Wellfood Co. will merge its Indian subsidiaries — Lotte India Co. and Havmor Ice Cream Pvt — to b...

ULSAN, South Korea -- It looks inevitable that S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., will take a substantial revenue hit from...

HiteJinro Co., South Korea’s leading soju maker, will likely post its best-ever quarterly profit in the second quarter as the clear distilled ...

Kia Corp., South Korea’s No. 2 carmaker, on Friday posted its highest-ever operating profit margin of 13.2% in the second quarter, more than d...

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...

Hyundai Motor Co. posted its strongest quarterly results in the second quarter, with brisk sales of high-margin models such as hybrid cars and sport...

Hyundai Motor Group, the world’s third-largest carmaker, plans to increase prices of the existing low-cost electric vehicles in the second hal...

Hanyang Securities Co. has received preliminary bids from four to five South Korean companies or consortia for its 11.3% stake after its controlling...

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...

Hyundai Motor Co. announced on Monday that it established the Hyundai EV Charging Alliance with six local private charging operators at the Gaikindo...

In the flat panel market, South Korea’s two display makers – LG Display Co. and Samsung Display Co. – have been bleeding for years...

South Korea’s LG Innotek Co. aims to accelerate growth in the global auto communication parts market with a new digital car key as its parent ...

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...

South Korean clothing manufacturer and retailer Handsome Corp., a Hyundai Department Store Co. unit, is enjoying growing popularity among Chinese vi...

The sport utility vehicle GV80 under Hyundai Motor Co.'s premium Genesis brand recorded its highest half-year sales in the first half of this year, ...

The sale of South Korean mid-sized insurer MG Non-Life Insurance Co. has been canceled as the financially distressed insurer failed to attract any b...

South Korea’s Hanyang University Foundation has decided to sell 11.3% of common shares and all the preferred stocks it holds in brokerage arm ...

SK Signet Inc., South Korea’s electric vehicle charger manufacturer, joined hands with a local renewable energy startup backed by global asset...

Back in 2022 when the COVID-19 pandemic was rampant, South Korea’s convenience stores (CVs) saw their sales fly high as people dropped by smal...

South Korea's biopharmaceutical company Celltrion Inc. said on Wednesday that its subcutaneous autoimmune disease treatment Remsima SC has surpassed...

Samsung Electronics Co.'s latest foldable phones showed strong sales potential in India, the world's most populous country, with pre-sales for the G...

South Korean cosmetics original development and design manufacturers (ODMs) such as Cosmax Inc., Kolmar Korea Co. and Cosmecca Korea Co. are estimat...

GM Korea Co., the South Korean unit of US auto giant General Motors Co., faces growing disruptions to its vehicle production amid a protracted labor...

South Korea’s luxury goods market, estimated at around $7.1 billion, is experiencing a surge in demand led by affluent consumers in their 40s ...

Hanyang Securities Co., a small South Korean brokerage firm, has been put on the market as its parent Hanyang University Foundation scrambles to kee...

The South Korean government will monitor electric vehicle (EV) battery life cycles to share information on the lifespan, performance and accident hi...