heavy electric

South Korea’s Taeyoung Group, saddled with 5.6 trillion won ($4.4 billion) in debt and loans it has guaranteed, filed for a debt workout progr...

South Korea’s HD Hyundai Oilbank said on Thursday that it launched a new dedicated electric vehicle (EV) lubricant brand the Hyundai XTeer EVF...

South Korea's shipbuilder Samsung Heavy Industries Co. announced on Tuesday that it has won a 310.8 billion won ($240 million) order for two very la...

Hyundai Motor Co.'s sports utility vehicle Kona is the only Korean EV included on a list of 78 electric vehicle models eligible for French subsidies...

Carmakers in South Korea are slated to unveil new electric vehicle models at cheaper prices next year to revive the sputtering EV market and also ro...

POSCO International Corp., a South Korean general trading and energy exploration company, is expected to post its highest-ever profits this year tha...

Kia EV9, the flagship large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker Kia Corp., received five stars in the Eu...

Hyundai Motor Co.'s premium brand Genesis announced on Wednesday that its luxury mid-sized electric sports utility vehicle (SUV) GV60 was selected a...

South Korean shipbuilders slid to second place in new shipbuilding orders last month, yielding the top spot back to their Chinese rivals.According t...

China has halted customs clearance on its exports of urea, a substance used to reduce carbon emissions in diesel vehicles, raising the prospect of a...

POSCO Holdings Inc., the investment and holding company of South Korea’s steel giant POSCO, said on Wednesday it has completed the constructio...

HD Hyundai Construction Equipment Co., the construction machinery provider under South Korean shipbuilding conglomerate HD Hyundai Group, will ventu...

Dongkuk Coated Metal Co. (Dongkuk CM), a cold-rolled steel subsidiary of Dongkuk Steel Mill Co., announced on Wednesday that it has succeeded in dev...

Iljin Electric Co. has won its largest-ever 431.8 billion won ($333.2 billion) order to supply high-voltage transformers to a US energy company, the...

South Korea’s second-largest conglomerate SK Group is accelerating its net zero transition with its affiliates agreeing to buy 537 gigawatts h...

Hyundai Motor Co. announced on Friday that its best-selling electric vehicle (EV) compact sports utility vehicle (SUV) Kona Electric received higher...

The world's first test driving hydrogen-electric tram succeeded in Ulsan, South Korea. According to Ulsan Metropolitan Government officials, th...

South Korea's HD Hyundai Group new opened on Monday HD Hyundai Electrification Center at the HD Hyundai Global R&D Center in Seongnam, Gyeonggi ...

Prices of secondhand electric vehicles are falling in South Korea as drivers are increasingly less enchanted with eco-friendly vehicles due to weak ...

South Korea's Hyundai Motor Group set a historic sales record in the US electric vehicle market, posting its best-ever performance in October. The a...

South Korea's Doosan Enerbility Co. announced on Thursday it secured a contract for dry storage systems of spent nuclear fuel comprehensive design s...

HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries Co. have secured Approval in Principle (AIP) from the UK's Lloyd's ...

South Korea's HD Hyundai Infracore Co. plans to enter the electric commercial vehicle market through the development of truck batteries.The company ...

South Korean shipbuilder Samsung Heavy Industries on Tuesday revealed its latest invention Special Structure Anti-Container Loss (SSA-CL), using its...

South Korea’s three major shipbuilders are all poised to log quarterly surpluses for the July-September period and stay in the black for years...

LG Chem Ltd. will supply cathode materials to Toyota Motor's North American battery plant, with the South Korean company concluding its second long-...

South Korea’s top automaker Hyundai Motor Co. and Italian truck maker Iveco Group N.V. have consolidated their business partnership through th...

South Korea's HD Hyundai Co. is supplying its first HiMSEN engine using methanol fuel to a Japanese shipmaker. This represents an acceleration in th...

South Korea's Samsung Heavy Industries said on Thursday that it has developed the maritime sector's first laser high-speed welding robot, aimed at s...

South Korea’s near-monopoly power company Korea Electric Power Corp. (KEPCO) is expected to raise electricity rates and lessen its outsized re...