Hyundai Motor Group Metaplant America
Scope
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Executive reshuffles
Chung Ki-sun moves closer to managing HD Hyundai with his promotion
HD Hyundai Co., the holding company of South Korea’s No. 1 shipbuilding conglomerate, on Thursday shuffled its top management. In it, Vice Cha...
Nov 14, 2024 (Gmt+09:00)
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Logistics
Hyundai Glovis to build logistics complex in Korea’s top port city
Hyundai Glovis Co., the logistics unit of the world’s third-largest carmaker Hyundai Motor Group, plans to establish a logistics complex in Bu...
Nov 13, 2024 (Gmt+09:00)
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Electric vehicles
BYD to debut passenger EVs in South Korea in 2025
China’s electric vehicle giant BYD Co. will debut in the South Korean passenger car market next year with premium models in hopes of becoming ...
Nov 13, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor unveils IONIQ 9 interior teaser
Hyundai Motor Co. unveiled a teaser image of the interior of its first large electric SUV, the IONIQ 9, on Wednesday.The IONIQ 9 is Hyundai’s ...
Nov 13, 2024 (Gmt+09:00)
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Real estate
Korea’s DL Group to sell hotels for $462 mn in further restructuring
DL Group, South Korea’s petrochemical-to-construction conglomerate is putting some hotels on the market to raise an estimated 650 billion won ...
Nov 12, 2024 (Gmt+09:00)
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Construction
Hyundai E&C wins $725 mn Saudi Arabia HVDC line order
Hyundai Engineering & Construction Co. (Hyundai E&C) said on Tuesday it has bagged a $725 million order to build a power transmission line i...
Nov 12, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean wins $51.2 mn deal for two LNG carriers
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, secured a new contract to build two LNG carriers, making it the domestic shipyard w...
Nov 11, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis develops leaf spring with advanced materials
South Korea's Hyundai Mobis, the world’s fifth-largest auto parts supplier, said on Monday that it developed a leaf spring using lightweight p...
Nov 11, 2024 (Gmt+09:00)
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Machinery
HD Hyundai Infracore wins diesel engine award in Italy
South Korea's HD Hyundai Infracore Co.'s new diesel engines were selected as the best diesel engines of the year in Italy.This marks the first time ...
Nov 11, 2024 (Gmt+09:00)
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Aerospace & Defense
Korea’s HD Hyundai, Hanwha fail to win $7.3 bn Australian navy deal
HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. failed to win a $7.3 billion deal to build frigates for the Australian Navy, industry sources a...
Nov 08, 2024 (Gmt+09:00)
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Advertising & Marketing
Genesis partners with Tate Modern in London
Hyundai Motor Co. 's premium brand Genesis announced on Friday that it partnered with the Tate Modern Art Museum in London and will sponsor "The Gen...
Nov 08, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor designs the future of mobility in Irvine studio
IRVINE, Calif. -- White sneakers, gray nail polish, pink goggles and orange remote controls are not something visitors expect to see in car design s...
Nov 07, 2024 (Gmt+09:00)
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Artificial intelligence
GS Group, Notion to team up on AI capabilities
South Korea's GS Group signed a memorandum of understanding (MOU) with Notion, the US-based popular collaboration software company to enhance its ...
Nov 07, 2024 (Gmt+09:00)
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Korean stock market
MSCI Korea Index adds Hyundai Rotem
MSCI announced on Wednesday that South Korea's Hyundai Rotem Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index. ...
Nov 07, 2024 (Gmt+09:00)
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Korean food
S.Korea's BBQ enters world's most populous market, India
Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, is expanding its market to South Asia by entering India, the world&rs...
Nov 06, 2024 (Gmt+09:00)
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Corporate restructuring
Fila sportswear brand downsizes loss-making US business
South Korean-owned sportswear brand Fila said on Tuesday it scaled back its loss-making US business to improve earnings through a restructuring in N...
Nov 06, 2024 (Gmt+09:00)
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Construction & Planning
Hyundai E&C signs engineering deal for two nuclear reactors in Bulgaria
South Korea’s Hyundai Engineering & Construction Co. has signed a nuclear power plant design contract with Bulgaria's state nuclear power ...
Nov 05, 2024 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor completes mobile hydrogen charging station in Jeju
Hyundai Motor Co. said on Monday that it completed the H Jeju Moving Station, a mobile hydrogen charging facility, at the Carbon-Free Island (CFI) E...
Nov 05, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion releases Steqeyma in Europe
South Korea's Celltrion Inc. said on Monday it released Steqeyma (ustekinumab) in Europe, the biosimilar of autoimmune disease treatment Stelara.T...
Nov 05, 2024 (Gmt+09:00)
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Machinery
Daedong opens autonomous robot subsidiary Daedong Robotics
Daedong Group, South Korea's leading agricultural machinery manufacturer, said on Monday it established Daedong Robotics, an intelligent autonomous ...
Nov 04, 2024 (Gmt+09:00)
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Electric vehicles
Hybrids, EVs power Hyundai, Kia’s US auto sales in October
Hyundai Motor Group, the world’s third-largest automaker, saw a rebound in US auto sales last month thanks to surges in demand for its hybrid ...
Nov 04, 2024 (Gmt+09:00)
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Energy
HD Hyundai, Amogy, SK to co-work on ammonia-hydrogen power
South Korea's HD Hyundai Infracore Co. said on Monday it partnered with Amogy Inc., a US-based ammonia-powered systems developer, and SK Innova...
Nov 04, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia gets triple A credit rating from S.Korean agencies
Hyundai Motor Co. and Kia Corp. said on Monday they received AAA ratings, with Stable outlooks for both companies, from Korea Ratings Corp., Nice In...
Nov 04, 2024 (Gmt+09:00)
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K-pop
BTS Jin to open pop-up for solo album release
BTS Jin will open a pop-up titled “Running Wild to Happiness” from November 19 to December 1 at The Hyundai Seoul, marking the release o...
Nov 01, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai may nearly double shipbuilding capacity in Vietnam
HD Hyundai Co., the world’s second-largest shipbuilder, is likely to nearly double its vessel construction capacity in Vietnam to meet surging...
Oct 31, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai unveils Initium hydrogen FCEV concept, set to arrive in 2025
South Korea’s top automaker Hyundai Motor Co. on Thursday unveiled a new hydrogen fuel cell electric vehicle (FCEV) concept, previewing its ne...
Oct 31, 2024 (Gmt+09:00)
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Automobiles
Hyundai to launch Euro 7-compliant car in Europe next year
Hyundai Motor Co., South Korea’s top automaker, is set to introduce a tougher emissions standards-compliant model in Europe next year ahead of...
Oct 31, 2024 (Gmt+09:00)
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Robotics
Hyundai Rotem to unveil unmanned firefighting robot
South Korea's Hyundai Rotem Co. unveiled on Thursday an unmanned firefighting robot designed to tackle fires in hazardous environments without riski...
Oct 31, 2024 (Gmt+09:00)
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Artificial intelligence
Korea’s SK Networks partners with Malaysia’s Sunway on AI
South Korean trading company SK Networks Co. has joined forces with Malaysian conglomerate Sunway Group to work together on future growth sectors su...
Oct 30, 2024 (Gmt+09:00)
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Energy
Hyundai Motor signs Korea’s largest renewable energy purchase deal
South Korea’s top automaker Hyundai Motor Co. said on Wednesday it has signed a deal to procure 610 gigawatt-hours (GWh) of renewable energy a...
Oct 30, 2024 (Gmt+09:00)
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