Concrete installations found near 7 airport runways: Transport Ministry

Seven out of 14 South Korean airports have been found to have installed concrete structures similar to those involved in the recent deadly Jeju Air crash, according to a government inspection released Monday. The Ministry of Land, Infrastructure and Transport’s weeklong review revealed that nine facilities at seven airports have localizer housings that are difficult to break upon aircraft collision and require urgent improvements. On Dec. 29 last year, a Jeju Air flight returning from Bangkok ma

Jan. 13, 2025

Audi to launch record-high 16 new models in Korea this year

German automaker aims to regain presence, boost sales in local market Audi will launch record-setting 16 new models in the Korean market this year, as the automaker looks to turn around its falling numbers, Audi Korea said Monday. “In 2025, Audi will introduce the largest number of new models in its history to the Korean market,“ said Steve Cloete, executive director of Audi Korea, who took the country branch’s top post in May last year, in a media roundtable at the Shilla Seoul. “In line with A

Jan. 13, 2025

Hyundai Motor retains No. 2 spot in US EV sales after Tesla

Hyundai Motor Group ranked second in electric vehicle sales in the US last year, following the No.1 EV maker Tesla, with plans to boost local production amid the inauguration of Donald Trump. According to data from the Korea Automobile & Mobility Association, Hyundai Motor Company and its smaller sibling Kia sold approximately 123,000 battery-powered vehicles in the US in 2024, achieving a 10 percent market share. Although there remains a significant sales gap with Tesla, which sold 591,400 unit

Jan. 13, 2025

Atto 3 expected to be BYD's 1st EV launched in Korea

The first model from Chinese electric vehicle maker BYD to be sold in South Korea is expected to be its compact sports utility vehicle the Atto3, while the world's largest EV maker is set to make an official entry into the Korean market on Thursday. The Atto 3 is expected to be the first to clear environmental regulatory hurdles among BYD's four cars being prepared for launch in Korea. It is likely to receive emissions and noise certification from the National Institute of Environmental Research

Jan. 12, 2025

Hyundai Motor donates $1m to Trump’s inauguration

Korean automaker follows in footstep of GM, Ford and Toyota to safeguard interest Hyundai Motor has decided to donate $1 million to the upcoming inauguration of US President-elect Donald Trump as it seeks to bolster ties with the incoming leader looking to impose tariffs and strengthen protectionism. “Hyundai welcomes the opportunity to work with the new administration on policies that support American manufacturing, protect supply chains and spur innovation,” a Hyundai Motor spokesperson said S

Jan. 12, 2025

LG Energy Solution to supply W730b cylindrical cells to Aptera Motors

LG Energy Solution said Friday that it has secured an agreement to be the exclusive supplier of cylindrical battery cells for Aptera Motors, the California-based startup specializing in solar-powered electric vehicles. The two companies signed a memorandum of understanding for the supply deal on the sidelines of this week's CES 2025 in Las Vegas. CTNS, a Korean battery pack manufacturer, also plans to join the production. From this year to 2031, LG Energy Solution is set to supply 4.4 gigawatt-h

Jan. 10, 2025

Hyundai Motor, Nvidia to partner on AI-powered mobility, robots

Sources say new partnership to fuel Boston Dynamics' growth momentum Hyundai Motor Group said Friday that it has forged a strategic partnership with Nvidia, the world’s leading designer and manufacturer of GPUs, to boost the applications of artificial intelligence across its business operations, spanning software-defined vehicles and robotics. Key executives, including Kim Heung-soo, head of global strategy office at Hyundai Motor Group, and Rishi Dhall, vice president of automotive at Nvidia, a

Jan. 10, 2025

Hyundai Motor to invest largest-ever W24.3tr at home this year

Auto giant allocates almost half of investment to R&D Hyundai Motor Group on Thursday announced its largest-ever annual investment of 24.3 trillion won ($16.65 billion) in Korea to secure and advance key technologies while increasing its production capacity for electric vehicles. The Korean auto conglomerate’s financial commitment for this year increased by 3.9 trillion won, or 19 percent, from the previous year. Hyundai Motor said it decided to make the larger investment this year to overcome o

Jan. 9, 2025

Hyundai Mobis unveils world's first holographic windshield at CES

Hyundai Mobis, a leading Korean car parts manufacturer affiliated with Hyundai Motor Group, unveiled the world’s first holographic windshield display at CES 2025 in Las Vegas, the US, marking a futuristic shift in passenger car cockpit design. According to Hyundai Mobis on Thursday, the new windshield, developed in collaboration with German optics giant Zeiss, displays high-definition images of a wide range of information, including speed, navigation maps and infotainment content such as videos

Jan. 9, 2025

Thoth's battery recycling solution scores innovation awards at CES

Korea’s robotics solutions provider Thoth said Wednesday that its vehicle battery dispoal solution has been recognized with three innovation awards at this week's CES 2025 in Las Vegas. Thoth's "DisMantleBot" technology determines whether a used battery should be dismnatled completely or partially, as well as suggesting the optimal dismantling method based on the level of remaining electricity. The solution then systematically disassembles the battery into basic components, such as anodes, catho

Jan. 9, 2025

Hyundai cars now available on Amazon

Hyundai vehicles offered by over 200 dealers across the US are officially put up for sale on the US' largest retail platform Hyundai Motor Group officially began selling its cars to consumers across the US via e-commerce platform Amazon, making it convenient for customers to find and buy their vehicle of choice online. Hyundai Motors said Tuesday that all of Hyundai’s car models — internal combustion models, hybrid electric cars and fully electric vehicles — available in the US are now listed fo

Jan. 8, 2025

Why Hyundai Motor’s factory jobs are generating buzz

Competitive starting salaries, work-life balance lure job seekers from high school graduates to career changers Hyundai Motor Company’s recruitment process to hire new factory workers this year is generating a buzz among job seekers here, from high school graduates to those looking to switch jobs from chaebol rivals Samsung and SK, all drawn by the promise of competitive salaries and better work-life balance. In 2023, the auto giant resumed its recruitment process to hire hundreds of workers at

Jan. 8, 2025

Hyundai Steel mulls building plant in US

Korean steelmaker says it is exploring various ways to secure global competitiveness but no official decisions made yet Hyundai Steel, a steelmaker under Korean auto conglomerate Hyundai Motor Group, is considering building an automotive steel mill in the United States as a strategy to deal with incoming Donald Trump administration’s trade protectionism. According to industry sources and media reports on Wednesday, Hyundai Steel is in talks with various states in the southern region of the US su

Jan. 8, 2025

Transport minister hints at resignation over plane crash

Park Sang-woo, minister of land, infrastructure and transport, has expressed his intention to resign over the Jeju Air plane crash that claimed 179 lives, following public backlash concerning the ministry’s oversight of the concrete embankment that likely contributed to the deadly explosion. “As the minister of the primary department overseeing aviation safety, I feel the deepest sorrow and offer my sincerest apologies regarding the Jeju Air plane tragedy,” Park said during a press briefing at t

Jan. 7, 2025

HD Hyundai starts ship delivery for 2025

Korean shipbuilding giant HD Hyundai has started its first ship delivery this year, delivering a liquefied natural gas carrier to an Asia-based shipper on Monday. HD Hyundai said its smallest affiliate, HD Samho, delivered a 174,000-cubic-meter LPG carrier on the day, two and a half years after the order was placed in 2022. HD Hyundai’s two other affiliates — HD Hyundai Heavy Industries and HD Hyundai Mipo — will deliver a 16,000 twenty-foot equivalent unit container carrier and a 2,800 TEU cont

Jan. 6, 2025