[Photo News] McLaren 750S unveiled

Head of Asia Pacific at McLaren Charlotte Dickson (second from left), McLaren Seoul CEO Lee Tae-heung and other executives pose for a photo next to the McLaren 750S to celebrate its launch in Korea, in Seocho-gu, Seoul on Wednesday. The spider model features a more advanced weight-saving option, powertrain performance and dynamic driving experience than the renowned 720S coupe, according to the company. “With the new 750S, the British luxury sports car brand plans to expand its footing in

Sept. 13, 2023

Incheon Airport plans W1.2tr massive renovation

Incheon Airport's Terminal 1 will undergo a 1.2 trillion won ($903 million) refurbishment starting from next year, the airport's operator said Wednesday. Separately, it added that it would seek to attract Chinese travelers, whose travel demand is expected to surge amid China’s recent lifting of a group travel ban to South Korea. “After conducting an open survey of Terminal 1’s facilities’ operational status, Incheon Airport will conduct a comprehensive repair of

Sept. 13, 2023

[Test Drive] Mercedes-Benz’s new CLE Coupe not your average 2-door

SAN SEBASTIAN, SPAIN -- If someone were asked to talk about the traits of a regular two-door coupe, words like quick, slick and compact might come to mind. Mercedes-Benz is looking to change these norms with the launch of its new CLE Coupe. The Korea Herald got to experience the new CLE Coupe 450 4 Matic first hand during a global media test drive event held in the northern Spanish city of San Sebastian from Aug. 31 to Sept. 1. The vehicle's facade embodies both athleticism and elegance, wi

Sept. 13, 2023

LG Energy Solution makes big ESS push in US

LG Energy Solution said Tuesday it will expand its footing in the burgeoning energy storage systems market in the US. ESS refers to a device or group of devices assembled to convert the electrical energy from power systems and into energy that can be stored for later use. It can be used in a variety of settings ranging from power grids to commercial buildings and residences. The company has unveiled its latest ESS business vision and technologies at the Re+ 2023, one of the biggest renewable e

Sept. 12, 2023

[KH Explains] Hyundai Motor feels cost pinch of ‘French IRA’

Hyundai Motor Group, having already spent billions of dollars to respond to the US Inflation Reduction Act, is tackling another protectionist policy looming large in Europe, a crucial market for the carmaker’s extensive EV strategy. The French government recently announced its new EV subsidy policy, which is based on measuring the carbon footprint throughout the whole process of car manufacturing from production to shipping. Carmakers importing EVs to France from their faraway home countri

Sept. 11, 2023

[Photo News] Education for children

BMW Korea Future Fund said Monday that it recently carried out special education activities for elementary school students in areas of North Gyeongsang Province and the Chungcheong Provinces damaged by the heavy rainfall in July. The free education programs, which allowed students to assemble a miniature version of BMW's all-electric vehicle, and gave them the chance to think about global warming, were offered to 238 students at five schools from Aug. 30 to Sept. 8. (BMW Korea)

Sept. 11, 2023

[Photo News] 'Busan is Ready'

Two of Hyundai Motor Group’s flagship electric vehicles, the Ioniq 5, are covered with graffiti reading “Busan is Ready” in front of Qutub Minar, a UNESCO World Heritage Site in South Delhi, India, Sunday. Designed by graffiti artist Jay Flow, the cars drove by iconic landmarks around New Delhi during the 18th G-20 Summit over the weekend to promote Busan’s bid to host the 2030 World Expo. (Hyundai Motor Group)

Sept. 10, 2023

Hyundai Motor chief reviews EV strategy in Indonesia

Hyundai Motor Group Executive Chair Chung Euisun visited the automaker’s joint battery cell plant with LG Energy Solution in Indonesia to discuss its electrification strategy in the growing electric vehicle market, the company said Friday. According to Hyundai Motor, Chung looked around Hyundai LG Indonesia Green Power (HLI Green Power) in Kawarang New Industry City in the Indonesian province of West Java before attending the business roundtable between South Korea and Indonesia on Thursda

Sept. 8, 2023

[From the Scene] Chinese EV leaders take Europe's biggest auto show by storm

MUNICH -- Chinese companies led by electric vehicle giant BYD were the talk of the town during the press day at IAA Mobility in Munich on Monday. BYD, which had set up one of the biggest exhibition booths at the Messe Munich exhibition center, seemed to draw the largest crowd, filled with hundreds of reporters from across the world as the company announced the launch of its EV sedan, Seal, for the European market during the press conference. A local German journalist who wished not to be named t

Sept. 6, 2023

[KH Explains] Pressure mounts on Korean battery makers to raise wages in US

Ultium Cells, a joint venture between Korea’s LG Energy Solution and US-based General Motors, has recently agreed to raise workers' wages at its Ohio battery plant, leaving Samsung SDI and SK On on high alert for the possible need to increase wages at their joint plants with carmakers there, slated to begin operations in a few years. The company said on Aug. 24 local time that it has reached a tentative deal with the United Auto Workers, the labor union organized within the Ultium pla

Sept. 5, 2023

[Herald Interview] Mercedes-Benz strives to be iconic

MUNICH -- For over 100 years, Mercedes-Benz has looked to embody luxury in its vehicles, and the German automaker has lived up to expectations, seeing its iconic logo become one of the most beloved symbols across the world Through the unveiling of the new Concept CLA Class -- an electric vehicle complete with extraordinary technologies and a remarkable design -- at the IAA Mobility in Munich, Mercedes-Benz Chief Design Officer Gorden Wagener says the brand is now looking to personify youth. &ldq

Sept. 5, 2023

[Herald Interview] Mercedes-Benz focused on enhancing EV technologies

MUNICH -- Mercedes-Benz introduced the new CLA Concept Class for the first time in the world ahead of IAA Mobility, which is taking place in Munich from Tuesday. According to the German carmaker, the new concept vehicle has a driving range of over 750 kilometers per charge, which it claims to be the longest distance in the same segment based on the Worldwide Harmonized Light Vehicle Test Procedure. Markus Schafer, chief technology officer of Mercedes-Benz, says the company has been focusing on d

Sept. 5, 2023

[Photo News] SK On chief at IAA

SK Group Executive Vice Chairman Chey Jae-won (second from left), who doubles as CEO of battery-making unit SK On, listens to a BMW official on the first day of IAA Mobility, one of the world’s largest motor shows, held in Munich, Germany on Monday local time. Chey visited the exhibition booths of Volkswagen, BMW and Hyundai Mobis, according to SK On. “Amid fierce competition in the (electric vehicle) battery market in Europe, we plan to expand business ties with global automakers,&r

Sept. 5, 2023

[Photo News] KIA at defense trade show

Kia showcases, from left, a hydrogen-powered concept car with Advanced Vehicle Technology, its Light Tactical Vehicle with mortar system and a 4-seater cargo truck LTV at the International Defense Industry Exhibition, the largest trade fair for military equipment in Central and Eastern Europe. The event is being held from Tuesday to Friday in Poland. Produced in 2016, Kia’s LTVs have been used as key transportation for the South Korean Army, the company said. (Kia)

Sept. 5, 2023

Hyundai Motor tops EV sales in Indonesia

Hyundai Motor Group said Tuesday it has topped the list of electric vehicle sales in the Indonesian market, the country with the fourth-largest population and the No. 1 nickel reserves in the world. The carmaker sold a total of 3,913 EVs and posted a 56.5 percent market share in Indonesia as of July. Its flagship battery-powered sport utility vehicle Ioniq 5 took up most of the sales with 3,819 units. The Ioniq 5 was the first EV manufactured within the Indonesia plant, which started commercia

Sept. 5, 2023

[Photo News] Official vehicles for ASEAN summit

Hyundai Motor said Monday that the carmaker is supplying a total of 346 units of its Ioniq 5 and Ioniq 6 electric vehicles to be used during this week’s ASEAN Summit held in Jakarta Sept. 5-7. In order to enhance safety and convenience, 24-hour emergency maintenance and charging services will be offered as well as special training for the presidential bodyguards who will drive the cars. (Hyundai Motor)

Sept. 4, 2023

[Exclusive] Maybach’s brand center to open in Seoul next year

MUNICH, Germany -- Mercedes-Benz plans to open a brand center solely dedicated to its ultra-exclusive Maybach in Seoul next year, an industry source close to the matter told The Korea Herald on Sunday. According to the source, the new Maybach center will be located in the Gangnam district in southern Seoul, with its ongoing construction set to be completed by June next year. But the source declined to confirm whether the Korean center will be different from Maybach Atelier, the carmaker’

Sept. 4, 2023

LIG Nex1 to showcase guided missiles, drones at MSPO

LIG Nex1 said Monday it will unveil its guided missiles and drones at this week's International Defence Industry Exhibition, or MSPO, Poland’s annual national defense exhibition. The company plans to showcase the Korean GPS Guided Bomb (KGGB); a long-range air-to-surface missile; surface-to-surface guided missiles called Hyunggung and Shingung; and drones. The KGGP is a weapons system that can be installed in fighter aircraft including the FA-50. Equipped with a medium-range GPS guida

Sept. 4, 2023

HD Hyundai to showcase green ship tech at global gas fair

South Korea's shipbuilding-to-energy conglomerate HD Hyundai Group said Monday it will showcase eco-friendly vessels, and seek cooperation with global ship registers and shippers in an upcoming world gas exhibition. HD Hyundai said it will display models of a liquefied natural gas carrier, a liquefied petroleum gas ship, a duel fuel engine as well as other green technologies at Gastech 2023. The world's largest gas, LNG, hydrogen and energy fair, slated for Tuesday to Friday in Singapo

Sept. 4, 2023

Mercedes-Benz unveils Concept CLA Class

MUNICH, Germany -- Mercedes-Benz has bet big on the all-new electric-first Mercedes-Benz Modular Architecture, or MMA, platform, unveiling the Concept CLA Class for the first time in the world in Munich on Sunday. “The Concept CLA Class is the forerunner for an entirely new all-electric segment of entry-level vehicles at Mercedes-Benz. The range will comprise a total of four new models -- a four-door coupe, a shooting brake and two stunning (sports utility vehicles) -- each with signific

Sept. 4, 2023