Most Popular
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Top 4 conglomerates convene strategy meetings to navigate uncertainties
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[AtoZ into Korean Mind] Korea's broken ladder of social mobility
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Doctors to go on indefinite walkout as government rejects final demands
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Yoon visits ancient Uzbek city, wraps up Central Asia trip
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[Weekender] IV drips: A quick energy shot for overworked Koreans
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Putin’s Pyongyang trip highlights need for bond in isolation
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Yoon returns amid tensions over Putin's Pyongyang visit
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[KH explains] Why Korean battery companies are key to Tesla's 2170 upgrade strategy
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[Drama Tour] Follow Suwon’s fortress to find traces of ‘Lovely Runner’
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Korea to promote eco-friendly albums in K-pop industry
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Hyundai Motor ranks 2nd in US EV sales
Hyundai Motor Group ranked second behind Tesla in terms of electric vehicle sales in the United States in January, a report showed Monday. Citing statistics from S&P Global Mobility, Automotive News said the Korean auto conglomerate’s three brands -- Hyundai Motor, Kia and Genesis -- combined for 8,262 newly registered EVs in the US in January 2024 to account for 9.3 percent of the total market. According to the report, Tesla registered 48,757 EVs to retain the top spot, while traditio
March 25, 2024
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Hyundai Motor, Saudi Arabia join efforts for future mobility ecosystem
Hyundai Motor Group said Monday that it has joined hands with Red Sea Global to implement eco-friendly future mobility to Saudi Arabia’s development project to open luxurious and pro-nature tourism resorts along the west coast of the Middle Eastern country. According to the announcement, the representatives of the Korean automaker and the Saudi Arabian megaproject signed a memorandum of understanding in Riyadh on Sunday. Red Sea Global, which is entirely owned by the Public Investment Fund
March 25, 2024
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[Photo News] New electric Mini in Seoul
Mini Korea will hold an exhibition to shed light on the past, present and future of the brand in Seoul from Friday to April 21, the premium small car brand under BMW Group said Monday. Showcasing the new all-electric Mini Cooper and new all-electric Mini Countryman, the "Mini Heritage and Beyond" exhibition will be held at the K Museum of Contemporary Art in Gangnam-gu. The new Mini EVs are to hit the local market later this year. (BMW Group Korea)
March 25, 2024
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Kumho Tire wins highest rating in German performance tests
Kumho Tire’s model ECSTA HS52 tire has garnered recognition from tire performance tests conducted by German automotive magazines ADAC and Auto Bild, the company said Wednesday. In this year's comprehensive tire performance evaluations, the ECSTA HS52 model achieved third place with a "Good" rating from ADAC and fourth place, also rated as "Good," from Auto Bild. This made it the top-performing tire from a South Korean manufacturer. ADAC’s testing was among 16
March 24, 2024
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Hyundai Motor to double E-pit fast chargers by 2025
Hyundai Motor Group revealed on Sunday its plans to double the number of its ultra-fast chargers for electric vehicles in South Korea to 500 by 2025. As of March, the group operates 286 E-pit EV chargers in 54 locations in Korea. This initiative kicked off in April 2021, with a modest yet strategic deployment of 72 chargers distributed over 12 key rest stops on highways. Achieving the 2025 target of 500 units would mean a 600 percent increase from 2021. E-pit is Hyundai Motor Group’s ultra
March 24, 2024
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[Test Drive] Hyundai Staria hybrid presents standard of multi-purpose vehicle
Hyundai Motor's flagship minivan Staria has returned with a hybrid engine powertrain and more comfort and safety options, paving the way for the future of multi-purpose vehicles. The Korea Herald had an opportunity to ride in the back of the Staria lounge hybrid model and got behind the wheel in a test drive in Goyang, Gyeonggi Province, Wednesday. The back of the seven-seater minivan gave a feeling of being treated from the beginning as a chauffeur opened the door with a touch of a button.
March 22, 2024
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Hyundai Motor to provide wheels for Korea-Africa summit in June
Hyundai Motor Group said Friday that it had joined hands with the Korean government’s preparatory committee to provide official transportation at the first Korea-Africa summit in June. Under the partnership, the automaker’s luxury brand Genesis will offer a total of 119 vehicles -- 77 units of the G90 flagship sedan and 42 units of the G80 luxury mid-sized sedan during the Korea-Africa summit slated to be held between June 4 and 5 in Seoul and Gyeonggi Province. The Genesis G90 has b
March 22, 2024
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[Herald Interview] Mercedes-Benz focused on ‘great brand experience’
Mercedes-Benz was dethroned by BMW as the top auto importer in South Korea last year for the first time since 2015. Despite the quantitative loss, Mercedes-Benz Korea CEO Mathias Vaitl says the focus is to offer a great brand experience for the customers. “Our strategy is not to be No. 1 here in the market,” said Vaitl in an interview with reporters from the Korea Automobile Journalists Association at the Korean office of Mercedes-Benz in Seoul on Wednesday. “We are the stronge
March 21, 2024
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[Photo News] All-black Genesis G90
Genesis unveiled the G90 Black on Thursday, refining its flagship sedan with an exclusive all-black design theme known as Genesis Black. The new theme dresses every element, from the grille to the 21-inch wheels, in a deep and consistent shade. Inside, the cabin mirrors this theme with black semi-aniline leather seats, wood trim and aluminum details. The car is on sale now with a starting price of 138 million won ($104,000). (Hyundai Motor Group)
March 21, 2024
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Hyundai Motor Group continues to rack up EV accolades
Hyundai Motor Group has been winning dozens of awards with its diverse lineup of electric vehicles across the globe and is looking to continue adding more to its trophy collection. According to the South Korean auto conglomerate on Tuesday, the EVs of its three brands -- Hyundai Motor Company, Kia and Genesis -- have won 48 awards in 13 countries over the past six months. Of the awards, 41 came from North America and Europe. The Kia EV9, a large electric sports utility vehicle, led the pack, as
March 19, 2024
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LG Energy Solution makes breakthrough in battery lifespan
LG Energy Solution, in collaboration with the Korea Advanced Institute of Science & Technology, has made a significant breakthrough in lithium metal battery technology that addresses key challenges regarding its lifespan and safety. This new technology was detailed in the science journal Nature Energy and represents a considerable leap forward in lithium metal battery research and development. Lithium metal batteries are noted for their theoretical capacity advantages over lithium-ion batter
March 19, 2024
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[Photo News] MLB on Hyundai wheels
Hyundai Motor Group is supporting the Major League Baseball Seoul Series this week, the first MLB games to take place in South Korea, with an array of vehicles. According to the automaker on Tuesday, a total of 18 vehicles including six hydrogen-electric buses, three Ioniq 5s and three Ioniq 6s are being used for transporting the players and coaching staff of the Los Angeles Dodgers and San Diego Padres. Hyundai will also reward an Ioniq 5 to the first batter to hit a home run during the back-to
March 19, 2024
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Renault to invest W118b in Busan plant
Renault Korea Motors on Monday announced a plan to invest 118 billion won ($88.5 million) in upgrading equipment at its Busan manufacturing plant over the next three years, signifying the French automaker’s efforts to produce hybrid and electric vehicles. Renault Korea Motors CEO Stephane Deblaise and Busan Mayor Park Heong-joon signed a memorandum of understanding at the Busan city hall earlier in the day. Renault said it plans to hire 200 new personnel at the Busan plant with the fresh i
March 18, 2024
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Kumho Tire to make EV push with EnnoV rebrand
Kumho Tire recently introduced EnnoV, the company's newly branded lineup of tires designed specifically for electric vehicles, stepping up its game in the EV tire competition with Hankook Tire & Technology’s iON brand. The launch took place during the EnnoV Experience Day at the Korea Automobile Testing & Research Institute in Hwaseong, Gyeonggi Province, on March 15. EnnoV marks a significant rebranding effort by Kumho Tire, consolidating its EV-specific tires, including models su
March 18, 2024
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Hyundai, Kia hit 5m in eco-friendly car sales
The number of eco-friendly vehicles sold by Hyundai Motor Company and Kia across the globe has surpassed five million, achieving the milestone after 15 years. According to the South Korean automakers on Sunday, the accumulated sales of their eco-friendly vehicles stood at 4,995,891 units as of last year. The carmakers logged 111,841 eco-friendly vehicles sold in January this year, bringing up the total to over 5.1 million. The eco-friendly vehicles include hybrid electric vehicles, plug-in hybri
March 17, 2024
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Kia CEO: EV3 to lead mass market shift to electric
Kia CEO Song Ho-sung on Friday said the automaker is set to lead the mass adoption of electric vehicles with the upcoming launch of the EV3, its most affordable model to date. “Despite recent fluctuations in demand, the future of electric vehicles is undeniable. Leveraging the success of our EV6 and EV9 models, we are poised to introduce the EV3 this year, finally delivering a viable option for the average consumer,” Song said in the company's annual shareholders' meeting.
March 15, 2024
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[KH Explains] Will KG Mobility, Korea's SUV dark horse, triumph globally?
KG Mobility, a stalwart in the South Korean sport utility vehicle scene previously known as Ssangyong Motors, has set an ambitious total sales goal of 147,000 units for this year, a 26.6 percent increase from last year, as it aims to penetrate overseas markets in Europe and Southeast Asia, away from its home turf dominated by Hyundai-Kia. By doubling down on its legacy of tough-looking, rugged SUVs, the company is incorporating cost-effective production strategies, including electrification, and
March 14, 2024
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US operations of Hyundai, Kia turn profitable in 2023
Major global offices of Hyundai Motor Company and Kia turned into the black last year as the South Korean automakers logged record-high earnings on surging sales across the world, according to their audit and business reports on Wednesday. According to the audit report of Hyundai Motor Company, the automaker’s manufacturing plant in Alabama posted 236.3 billion won ($180 million) in net income in 2023, a drastic turnaround from the net loss of 808 billion in 2022. Named Hyundai Motor Manuf
March 13, 2024
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Luxury car sales hit by new lime green plate scheme
Sales of imported cars from luxury brands such as Mercedes-Benz, Porsche, and Bentley have plummeted in South Korea during the first two months of 2024, coinciding with the government's implementation of lime green license plates for corporate-owned luxury vehicles worth over 80 million won ($61,500). The Korea Automobile Importers & Distributors Association reported a 19.4 percent year-on-year drop in total imported vehicle sales in January this year to 13,083 units, marking the lowest
March 12, 2024
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[Photo News] BMW EV charging station
BMW Korea said Tuesday that it has opened a charging station for electric vehicles in Jumujin Beach in the northernmost part of Gangneung, Gangwon Province. The BMW EV charging station can charge up to eight EVs at the same time and is available for not only BMW vehicles but also other brands. The German automaker installed 1,119 EV charging stations in South Korea as of February and plans to set up 1,000 more this year. (BMW Korea)
March 12, 2024