automakers
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Automobiles
Hyundai Motor Group rises to world’s third-largest automaker
South Korea’s largest automaker Hyundai Motor Group ranked third in global car sales in the first half, its highest-ever ranking in terms of v...
Aug 16, 2022 (Gmt+09:00)
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Future mobility
Hyundai, Kia to launch Level 3 self-driving Genesis G90, EV9 in 2023
South Korea’s Hyundai Motor Group will launch its most-advanced Level 3 autonomous cars next year, starting with Hyundai Motor Co.'s flagship ...
Jul 15, 2022 (Gmt+09:00)
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Batteries
SK On, Ford launch battery JV for N.America EV market
South Korea’s battery maker SK On Co. and US automaker Ford Motor Co. on Wednesday officially launched a joint venture for the North American ...
Jul 14, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai Motor to build 1st Korea plant in 29 years
Hyundai Motor Co., South Korea’s top automaker, is set to build a domestic electric vehicle plant in its first local production investment i...
Jul 12, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor raises N.America workforce, cuts China staff
Hyundai Motor Co., South Korea’s top automaker, ramped up its workforce in North America by more than 50% last year where its presence is grow...
Jul 07, 2022 (Gmt+09:00)
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Automobiles
Ssangyong to raise Torres SUV output for turnaround
South Korea’s Ssangyong Motor Co. will ramp up the production of its new sport utility vehicle to meet strong demand, hoping the Torres will h...
Jul 06, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai to invest $10.5 bn in US EV, future mobility sectors
Hyundai Motor Group, South Korea’s top automaker, unveiled plans to spend $10.5 billion on the auto industry in the US through 2025 as it aims...
May 22, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor to build LNG plant to power its factories
Hyundai Motor Co. plans to build a liquefied natural gas-fueled power plant to secure a stable supply of electricity for its factories and embrace t...
May 09, 2022 (Gmt+09:00)
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Automobiles
Hyundai’s Chung named auto industry Visionary of the Year
Hyundai Motor Group Chairman Chung Euisun was named the automobile industry's Visionary of the Year by Newsweek, which credited him for driving tran...
Apr 13, 2022 (Gmt+09:00)
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Automobiles
Kia set to break ground on purpose-built vehicle plant in 2023
Kia Corp., South Korea’s second-largest automaker, plans to break ground on the construction of its first purpose-built vehicle (PBV) plant ne...
Mar 30, 2022 (Gmt+09:00)
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Economy
South Korean exporters fret over tumbling yen
South Korean exporters such as Hyundai Motor Co. and Kia Corp. are jittery as the country’s won currency hit its strongest level versus the Ja...
Mar 29, 2022 (Gmt+09:00)
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Automobiles
Hyundai to make IONIQ 5 in Indonesia, EV hub for ASEAN market
Hyundai Motor Co. has started mass producing its iconic all-electric crossover IONIQ 5 at its newly built plant in Indonesia, a country that the top...
Mar 16, 2022 (Gmt+09:00)
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Electric vehicles
Korea automakers fret over Yoon’s policy on combustion engine cars
South Korea’s automakers were on high alert as President-elect Yoon Suk-yeol pledged to ban new registrations of internal combustion engine ca...
Mar 14, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Glovis aims to top global car transport market
Hyundai Glovis Co., the world’s second-largest car shipping company, aims to top the industry with an expansion of its fleet, specializing in ...
Feb 27, 2022 (Gmt+09:00)
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Batteries
Samsung SDI in talks with global automaker for battery joint venture
South Korea’s Samsung SDI Co. is in talks with a global automaker to launch a battery production joint venture following its partnership last ...
Jan 28, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia lead rivals in 2022 US best car awards
Hyundai Motor Group’s major auto brands have won a record number of best car awards by the U.S. News & World Report in recognition of thei...
Jan 24, 2022 (Gmt+09:00)
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Future mobility
Hyundai looks beyond cars to link real, virtual worlds in metamobility
LAS VEGAS – Hyundai Motor Co. has unveiled its grand ambitions to pioneer the use of robotics in both the real world and the virtual sphere, c...
Jan 05, 2022 (Gmt+09:00)
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Future mobility
Hyundai’s Chung charts vision as top-tier eco-friendly auto brand
South Korea’s top automaker Hyundai Motor Group on Monday set out its vision to be a top-tier eco-friendly auto brand with its focus on electr...
Jan 03, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai Motor closes engine development division
Hyundai Motor Group, South Korea’s top automaker, will stop developing new internal combustion engines in order to accelerate its transformati...
Dec 23, 2021 (Gmt+09:00)
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Automobiles
Hyundai offers first peek of redesigned premium Genesis sedan G90
Hyundai Motor Co. on Tuesday unveiled exterior images of the new G90, a full model change version of the flagship sedan under its standalone premium...
Nov 30, 2021 (Gmt+09:00)
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Electric vehicles
Kia to go EV-only in Europe by 2035, teases EV9 SUV concept
Kia Corp., the automaking unit of South Korea’s Hyundai Motor Group, said on Thursday it will only sell electric and fuel cell vehicles in Eur...
Nov 11, 2021 (Gmt+09:00)
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Automobiles
New Mercedes-Benz C-Class equipped with LG ADAS camera
The new Mercedes-Benz C-Class is equipped with LG Electronics Inc.’s advanced driving assistance system (ADAS) camera module, helping the Sout...
Oct 07, 2021 (Gmt+09:00)
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Batteries
LG Energy develops safer, long-lasting solid-state battery technology
South Korea’s LG Energy Solution Ltd. said on Friday the company and the University of California San Diego have jointly developed a next-gene...
Sep 24, 2021 (Gmt+09:00)
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Automobiles
Volvo unveils new XC60 with SKT in-vehicle infotainment
An artificial intelligence personal assistant sets up a destination for a GPS navigation. The AI assistant texts others the estimated arrival time...
Sep 14, 2021 (Gmt+09:00)
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Electric vehicles
Genesis goes green as Hyundai Motor accelerates EV push
South Korea’s top automaker Hyundai Motor Co. on Thursday unveiled its vision for a sustainable future, in which all its new vehicles under th...
Sep 02, 2021 (Gmt+09:00)
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Future mobility
Hyundai Motor, Motional unveil IONIQ 5 self-driving robotaxi
South Korea’s top automaker Hyundai Motor Co. and its US mobility joint venture Motional Inc. on Tuesday unveiled their first autonomous robot...
Aug 31, 2021 (Gmt+09:00)
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Electric vehicles
Global automakers' new battle field: small EVs
Global automakers stop producing smaller cars among internal combustion engine models. The industry is facing difficulties to make profits from thos...
Aug 30, 2021 (Gmt+09:00)
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Batteries
SM Lab develops cathode with 98% nickel, industry’s highest density
SM Lab, a South Korean battery material startup, has developed a cathode with 98% nickel content, the highest density ever for rechargeable batterie...
Aug 18, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Samsung to unload automaking business
Samsung Group is set to withdraw from the automaking business after 26 years in the industry since establishing Samsung Motors Inc. in 1995. The gro...
Aug 18, 2021 (Gmt+09:00)
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Korean startups
Kia invests $9 mn in fintech startup Banksalad
South Korea's major automaker Kia Corp. is set to invest 10 billion won ($8.7 million) in Banksalad Co.'s Series D funding round as the company ai...
Aug 09, 2021 (Gmt+09:00)
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