Most Popular
-
1
Qoo10 liquidity crisis sparks massive complaints, fears of wider damage
-
2
Yoon urges municipalities to embrace foreigners
-
3
What is happening at Hybe?
-
4
S. Korea to consent to Japan's Sado mines gaining World Heritage status: official
-
5
Korea unveils tax reform bill to spur economy
-
6
Actor’s excessive airport security sparks probe into human rights violations
-
7
Actor Yoo Ah-in accused of sexual attack
-
8
Man who let his father die due to financial difficulties to be released on parole
-
9
S. Korea, China shifting from tensions to cooperation: Seoul
-
10
LG Electronics achieves record earnings in Q2
-
Posco invites Canada JV managers for technical, quality control training
Posco Future M, the battery materials company affiliated with Posco Group, said Thursday it has conducted technical training for key employees of its joint venture project with General Motors in Quebec, Canada. A total of 21 members of Ultium CAM, the cathode material-making joint venture set up with the US auto giant General Motors in May 2022, participated in a monthlong program held at the firm’s training center in Seoul and its cathode materials plant in Pohang, North Gyeongsang Provin
July 4, 2024
-
[Photo News] Kia EV3, Car of the Month
The Korea Automobile Journalists Association on Thursday announced that the Kia EV3, the latest all-electric subcompact crossover sports utility vehicle, has been named the Car of the Month for July. The Kia EV3 beat out the competitors -- the all-new Mercedes-Benz CLE Cabriolet, the new Mini Countryman and the new Jeep Wrangler 4xe -- which were launched in the Korean market last month with an overall score of 35 points out of 50. Established in August 2010, the KAJA consists of 58 media outlet
July 4, 2024
-
Maserati seeks revitalization in Korea
Italian luxury auto brand Maserati on Wednesday signaled a new beginning in Korea as it launched a regional office, seeking a revitalization in the local market. “Maserati for more than 110 years has delivered the excitement on the road in terms of performance, design, innovation and luxury,” said Davide Grasso, CEO of Maserati, in a press conference at Dongdaemun Design Plaza in Seoul. “Today we are emphasizing our focus in the market as a luxury brand with extreme confidence.
July 3, 2024
-
Hyundai Motor completes EV ecosystem in Indonesia
Hyundai Motor Group has launched a new joint battery cell manufacturing facility with LG Energy Solution in Indonesia, set to supply cells for Hyundai's upcoming Kona Electric. This makes Hyundai the first automaker in Indonesia with a fully localized production ecosystem for electric vehicles, spanning from battery cells to finished vehicles. Hyundai Motor Group celebrated the opening of the joint HLI Green Power plant in Indonesia's Karawang New Industry City on Wednesday. The event,
July 3, 2024
-
LG Energy Solution lands major LFP battery deal with Renault
LG Energy Solution, South Korea's largest electric vehicle battery maker, has secured its first major order for lithium-iron-phosphate batteries from French auto giant Renault Group's EV unit Ampere. The contract, announced in Paris on Monday, will see LG Energy Solution supplying pouch LFP batteries for Renault’s next-generation electric vehicles over five years, from late 2025 to 2030. It involves producing about 39 gigawatt-hours of batteries, enough to power approximately 5
July 2, 2024
-
Hyundai Motor takes aim at Southeast Asia
Hyundai Motor Group is looking to spearhead the burgeoning auto markets within the Association of Southeast Asian Nations, or ASEAN, based on its established footings in a number of countries in that region, the South Korean auto conglomerate said Monday. According to the automaker, Hyundai Motor Manufacturing Indonesia, the conglomerate’s first vehicle manufacturing plant in the ASEAN region, rolled out 22,520 units in the first quarter of this year to reach an overwhelming operation rate
July 1, 2024
-
[Photo News] Kia for kids
Kia said Monday that it opened up a mobility career experience center at KidZania, a work-experience theme park where children can try various real-life jobs, in Busan. Kia's mobility career experience center consists automotive research facilities, test course of driver's license and driving tracks where young visitors can get a chance to check out different occupations in the mobility sector. The automaker's job world for kids marked the second edition after it set up the previo
July 1, 2024
-
[Reporter’s Notebook] Busan ‘International’ Mobility Show and BMW
The 2024 Busan International Mobility Show began at Bexco in Korea’s second-largest southeastern port city on Thursday, just like any other global auto exhibition. The press day allowed numerous journalists to take a firsthand look at what the event had in store. However, despite the global intentions behind the title of the event, the exhibition venue had only one auto importer present: BMW Group Korea. BMW Group Korea President Han Sang-yun noted in his presentation that the German autom
June 30, 2024
-
[Herald Interview] ‘Renault Grand Koleos is like Chanel’
BUSAN -- The Korean-tailored features, positioning and unique name of the Grand Koleos, the sports utility vehicle Renault Korea debuted at the 2024 Busan International Mobility Show last week, will lure Korean customers, according to the CEO of the French automaker’s local office. “This car is completely answering to a different proposal that we can give as a French brand,” said Renault Korea CEO Stephane Deblaise in an interview with the Korea Automobile Journalists Associa
June 30, 2024
-
Hyundai Motor donates recovery vehicle for Jeju firefighters
Hyundai Motor Group announced Thursday that it donated a hydrogen-powered bus to support the recovery of firefighters in Jeju Island. The donation ceremony took place at the CFI Energy Future Center, located within the hydrogen production demonstration complex in eastern Jeju. Among the attendees were Hyundai Motor Group Executive Chair Chung Euisun and officials from relevant ministries. “We have consistently upheld our responsibilities as a mobility company to prioritize firefighter safe
June 27, 2024
-
[BIMOS 2024] BMW M4, iX2 make Korean debut
BUSAN -- BMW Group Korea exhibited the new high-performance model M4 and the brand’s first all-electric sports activity coupe, the iX2, for the first time in Korea at the 2024 Busan International Mobility Show on Thursday. As the only import auto brand taking part in the local auto exhibition, BMW Korea rolled out 18 models including the new Mini Countryman JCW, the new all-electric Mini Cooper and the new BMW M 1000 XR at the event, which will welcome visitors at Bexco from Friday to July
June 27, 2024
-
[BIMOS 2024] Kia showcases EV mass appeal
BUSAN -- Kia on Thursday outlined its vision for realizing an all-electric vehicle ecosystem with the lineup of various EVs and purpose-built vehicles, or PBVs, at the 2024 Busan International Mobility Show. The second largest automaker by sales under Hyundai Motor Group displayed its EV portfolio spearheaded by the latest subcompact crossover electric sports utility vehicle the EV3 at the biannual auto exhibition that will be open for the public from Friday to July 7 at Bexco in Busan. The auto
June 27, 2024
-
[BIMOS 2024] Hyundai Motor premieres Casper Electric
BUSAN -- Hyundai Motor debuted the Casper Electric, the Korean automaker’s newest small all-electric sports utility vehicle, at the 2024 Busan International Mobility Show held at Bexco on Thursday. Hyundai Motor underscored that the Casper Electric is expected to lay out new standards to lead the popularization of EVs, with its unique marketability and affordable price. Equipped with a 49-kilowatt-hour nickel, cobalt and manganese -- or NCM -- battery, the EV boasts 315 kilometers of drivi
June 27, 2024
-
[BIMOS 2024] Renault Korea eyes breakthrough with new SUV
BUSAN -- Renault Korea premiered the Grand Koleos, the first new car from the French automaker in four years, at the 2024 Busan International Mobility Show on Thursday as the brand vowed to turn around its ailing sales in the local market. “This car perfectly embodies our core values of design: human-centric focus and modernity,” said Renault Korea CEO Stephane Deblaise in a press conference at Bexco. “We are excited to launch the new Grand Koleos as a world premiere, highlight
June 27, 2024
-
[Photo News] EV partnership
Posco Future M and General Motors' Korean office celebrated the launch of the Cadillac Lyriq, an all-electric midsize luxury sport utility vehicle, in front of the Posco Group headquarters in Seoul on Wednesday. Top officials from the Korean battery materials producer and American automaker, including Yoo Byeong-og (second from right), CEO of Posco Future, and Hector Villarreal (second from left), chief of GM Korea, celebrated the companies' collaboration in crafting the luxury EV with
June 26, 2024
-
Porsche previews Macan Electric in Korea, arriving later this year
Porsche Korea previewed the brand's first all-electric sport utility vehicle, the Macan Electric, in Korea during a media event at Porsche Studio Songpa in southeastern Seoul on Monday. “We are thrilled to announce that the all-electric Macan will be arriving in Korea later this year. It encapsulates the classic Porsche sports car experience in an electric SUV format with extensive range and practicality for the everyday driver,” said Holger Gerrmann, CEO of Porsche Korea at the
June 26, 2024
-
LS Cable to power NextStar battery plant in Canada
LS Cable & System, one of the world’s leading cable manufacturers, said Monday that it will provide high-capacity power distribution bus ducts for NextStar Energy’s new battery plant in the Canadian province of Ontario. NextStar Energy, a partnership between LG Energy Solution and Stellantis, is building a large electric vehicle battery factory in Windsor, Ontario. Bus ducts are metal-enclosed systems that house conductive plates to efficiently distribute high-capacity electric
June 24, 2024
-
[Photo News] Record time
Hyundai Motor Group said Monday it has set new records at the Pikes Peak International Hill Climb race in Colorado, clinching the fastest times in both modified and unmodified categories for mass-produced electric vehicles. The modified Hyundai Ioniq 5 N Time Attack Spec accomplished the course in 9 minutes and 30.852 seconds, surpassing the previous record for a mass-produced EV. The standard Ioniq 5 N completed the race in 10 minutes and 49.267 seconds, also setting a new benchmark. (Hyundai M
June 24, 2024
-
Hyundai Motor to seek breakthrough in Japan with Casper Electric
Hyundai Motor is hoping its newest all-electric small vehicle, the Casper Electric, will allow it to break through in the Japanese market, a near wasteland for the Korean automaker. According to Hyundai Motor, the Casper Electric will be unveiled for the first time during press day at the Busan International Mobility Show on Thursday. This year’s auto event will last through July 7. The Casper Electric is expected to hit the Japanese market next year after going on sale in Korea in the sec
June 23, 2024
-
Hyundai to start Georgia EV plant, unlocking IRA benefits
Hyundai Motor Group Metaplant America, Hyundai Motor Group’s new electric vehicle plant in Georgia, will begin production later this year, allowing the automaker to leverage the Inflation Reduction Act benefits to better compete in the US EV market. Hyundai announced Wednesday that the inaugural model to be produced at the Georgia plant will be the 2025 Ioniq 5. This launch, set for the fourth quarter, marks Hyundai’s first official statement on the operational timeline and specifi
June 20, 2024