Most Popular
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Hyundai Motor eyes 80,000 jobs, W68tr investment at home by 2026
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Doctors' group picks new leader amid tense standoff over increased enrollment quota
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Seoul bus drivers go on general strike, cause morning rush hour delays
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Official campaigning kicks off for April 10 elections
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Dialogue hopes fade as doctors pick hard-liner as new head
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Coupang pledges W3tr to expand Rocket Delivery nationwide by 2027
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[Election Battlefield] Political novice to face off star politician in ‘swing district’
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[Kim Seong-kon] The April 2024 election will decide our future
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Korea enters full election mode
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Seoul’s bus union prepares for strike
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SK On co-develops more advanced lithium-ion conductivity
SK On announced on Thursday that it has developed in collaboration with Dankook University an innovative solid-state battery component that is expected to significantly extend battery lifespans and reduce charging times, with implications across industries, from portable devices to electric transportation. The component is a new oxide-based solid-state electrolyte called lithium-lanthanum-zirconium-oxygen, or LLZO, and boasts the highest lithium-ion conductivity to date. The findings of the rese
Aug. 31, 2023
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Texas Instruments looks to bolster EV battery ties with Korea
Texas Instruments, the US-based semiconductor manufacturer, said Wednesday it plans to further boost business ties with electric vehicle manufacturers and battery makers in Korea. “I see Korea as a very key market for vehicle electrification and it is a key pioneer of battery technology as well,” said Matt Xiong, a product line manager for Texas Instruments’ battery management system, during an online media briefing. “We’re very closely engaged with Korean customers
Aug. 30, 2023
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EcoPro touts 10-year battery materials partnership with Sony
EcoPro said Wednesday it has celebrated 10 years of supplying battery materials to Sony, later acquired by Murata Manufacturing. According to the company, it first supplied high-nickel cathode materials for Sony in 2013 for the first time for a Korean company. The two companies have kept business ties even after Murata, a Japanese electronics manufacturer, took over Sony’s loss-making battery business in 2017. EcoPro has been providing thousands of tons of nickel, cobalt and aluminum (NCA)
Aug. 30, 2023
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Kia plant temporarily suspended after fire in paint shop
Kia Corp., South Korea's second-biggest carmaker by sales, said Tuesday one of its eight domestic plants will be suspended until early September due to a fire in its paint shop. Eight industrial robots in the paint shop of Kia's No. 3 plant in Hwaseong, just south of Seoul, were affected by a fire Monday evening, a company spokesperson said. The No. 3 Autoland Hwaseong plant will be suspended until Sept. 6, he said. The plant produces the K5 sedan, the K8 sedan and the all-electric EV
Aug. 29, 2023
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Hyundai Motor’s 3 startups spin off ahead of schedule
Hyundai Motor Group said Tuesday that its three startups -- Pitin, Madde and Evacycle -- spun off less than a year after participating in the company's in-house startup incubator program. It usually takes more than a year for startups to become separate firms from their parent company, but they have shown great potential in the automotive and semiconductor business in just nine months, the carmaker said. Pitin has developed a battery subscription service using refurbished batteries for co
Aug. 29, 2023
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[Photo News] New Audi Q4 e-tron
Audi Korea launched the latest models of its all-electric sports utility vehicles -- the Audi Q4 40 e-tron and Audi Sportback Q4 40 e-tron -- in the domestic market on Tuesday. The carmaker said the latest electric SUVs have longer driving distances per full charge than previous models, with the Audi Q4 40 e-tron capable of driving 411 kilometers and the Audi Sportback Q4 40 e-tron able to drive 409 kilometers. The electric SUVs are priced starting at 61.7 million won ($46,600). (Audi Korea)
Aug. 29, 2023
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Kumho Tire giving momentum to EVs
South Korean tire maker Kumho Tire revealed a new commercial under the slogan “Your EV Partner, Kumho Tire” riding the increasing popularity of electric vehicles. The commercial addresses the company’s new tires specifically tailored for EVs. Compared to the internal combustion engine cars, EV-customized tires need to be strong enough to support heavier vehicles, better grip the road, and lower the noise levels. In the commercial, Kumho Tire introduces its cutting-edge technolo
Aug. 29, 2023
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Posco Future M sets sales target of W43tr by 2030
South Korean battery materials maker Posco Future M on Monday pledged to secure 42 trillion won ($32.4 billion) in sales and 3.4 trillion won in operating profits by 2030, under a new vision of accelerating eco-friendly future materials business. “We are the one and only total solution provider for rechargeable battery materials that operates a value chain for mining, processing and recycling,” said Posco Future M CEO Kim Jun-hyung in a town hall meeting in Seoul. “Posco Future
Aug. 28, 2023
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[Photo News] Hyundai's double podium
Hyundai Motor's Avante N TCR, known as the Elantra in global markets, has achieved a double-podium finish, taking first and second place at the first final race during the 2023 TCR World Tour held at the Jose Carlos Bassi street circuit in San Luis, Argentina from Friday to Sunday, the South Korean automaker said Monday. The triumph marked the third time that Hyundai has taken the top trophy since the 2023 TCR World Tour began in April. With the latest victory, BRC Hyundai N Squadra Corse m
Aug. 28, 2023
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E-scooter-only lanes mulled for better safety
South Korea’s Ministry of Land, Infrastructure and Transport on Sunday announced a set of new guidelines to enhance the safety of personality mobility, or PM, vehicles such as electric scooters. As part of the ministry’s revision bill, the new guidelines will be applied for building new roads for better safety of both pedestrians and vehicles, especially dedicated lanes for PM vehicles. The revision mandates that when road management bodies conceptualize or revamp PM-only lanes, they
Aug. 27, 2023
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[Test Drive] Hyundai’s Santa Fe returns with off-road updates
The first Korean-made sport utility vehicle, Hyundai’s Santa Fe, has returned with its biggest update since its debut in 2000, with improved off-road features in design and performance. Touting the All New Santa Fe as a mid-sized family vehicle that can cater to both city commuters and outdoor enthusiasts, the carmaker laid out an ambitious sales target for next year -- 135,000 units in North America, 16,000 units in Europe and 70,000 units in Korea. “From the beginning, the Santa
Aug. 27, 2023
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All Mercedes-Benz’s cars contain piece of Korea: CEO
Mercedes-Benz Group CEO Ola Kallenius on Thursday touted South Korea’s level of automotive technology and the importance of the German automaker’s partnership with Korean companies. “Korea is hugely important for us. But not just in the battery cell space where we have strong partnerships for years,” said Kallenius in a press conference at Hotel Shilla in central Seoul. “This is one of the leading nations in automotive innovation and I don’t think we build a s
Aug. 24, 2023
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Hyundai Mobis geared for IAA Mobility 2023
Hyundai Mobis, an automotive parts maker under South Korean conglomerate Hyundai Motor Group, said Thursday it is participating in the upcoming IAA Mobility 2023 to show off its vision of electrification at one of the largest automotive trade shows, in Germany. IAA Mobility will take place in Munich, Germany, on Sept. 5-10. This marks Hyundai Mobis’ second year attending the event, following its debut in 2021. Hyundai Mobis said it will display an array of over 20 advancements in electrifi
Aug. 24, 2023
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SM6 Feel combines perks of popular Renault sedans
Renault Korea Motors' SM6 Feel sedan, an upgraded version that integrates existing SE and LE trims, has been gaining popularity in the domestic market as a stylish yet cost-effective option. The car company said Thursday that its SM6 Feel accounted for 71 percent of the total sales of its SM6 vehicles in the first half of the year. Prior to the model's launch, the carmaker surveyed customers to reflect their needs and preferences in the new trim. The new sedan adopts all the preferre
Aug. 24, 2023
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EcoPro to set up joint venture with SK On, Ford in Canada
South Korean battery materials company EcoPro said Wednesday it is poised to set up a joint venture for a battery cathode materials manufacturing plant with SK On and Ford Motor Company in Quebec, Canada. Of the 1.2 trillion won ($897.3 million) investment, the joint venture, called EcoPro Cam Canada LP, plans to provide 600 billion won, while the Canadian government and Quebec will cover the other half in subsidies. EcoPro said the company will hold the largest stake in the joint venture compar
Aug. 23, 2023
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[Photo News] Kia Ray EV
Kia will begin taking pre-orders for its Ray electric vehicle from Thursday with the car's official launch slated for next month. Equipped with a 35.2 kilowatt-hour battery, the Ray EV is capable of driving 205 kilometers per charge. The price of the four-person passenger model begins at 27.75 million won ($20,762). Kia said it expects the Ray EV to accelerate the automation trend in the Korean market as the vehicle provides an affordable city car option for customers. (Hyundai Motor Group)
Aug. 23, 2023
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LS e-Mobility to supply W250b in EV parts to Hyundai, Kia
LS e-Mobility Solutions, an electric vehicle parts manufacturer under LS Electric, said Tuesday it has clinched a deal with Hyundai and its smaller affiliate Kia to supply EV battery management components worth 250 billion won ($186.5 million). The company’s products, called EV Relay, are used to maintain the safe operation of batteries in EVs by transferring battery current to inverters, while shutting it down in case of fire or current voltage overload. The company plans to supply EV Rel
Aug. 22, 2023
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[Photo News] Lamborghini back in Korea
The Lamborghini Super Trofeo Asia returns to the Inje Speedium in Gangwon Province for the first time in three years. The Korean circuit hosted the fourth round of the racing tournament from Friday to Monday. Korean drivers Lee Chang-woo and Kwon Hyung-jin, representing SQDA-GRIT Motorsport, maintained the top spot in the season standings after winning the first race in the amateur class and finishing second in the same class's second race. Having completed four races, in Malaysia, Australi
Aug. 22, 2023
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S. Korean shipbuilders' new orders up 11.9 percent in H1
New orders won by South Korean shipbuilders jumped 11.9 percent in the first half of 2023 on the back of rising demand for high-priced vessels, the industry ministry said Tuesday. The country's shipbuilders secured orders worth $9.29 billion in the January-June period, compared with $8.24 billion a year earlier, according to the Ministry of Trade, Industry and Energy. South Korea accounted for 29 percent of the orders placed worldwide in the first half, taking up the world's second spo
Aug. 22, 2023
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[Photo News] Kia heritage
Kia unveiled the restored models of the automaker's two signature heritage vehicles -- the T-600 (left) and Brisa -- at its brand experience center, Kia360, in Seoul on Thursday. T-600, a three-wheeled car developed in 1969, became the 400th nationally registered cultural heritage in 2008 as it was recognized for its historical value in the history of the Korean auto industry. Kia said it had restored the vehicles to look back at its 79-year history as a mobility firm, adding that it will c
Aug. 21, 2023