Hangeul Run draws 15,000 runners, festivities to Sejong

On Friday, the energetic sound of running shoes hitting the ground filled Sejong Central Park. Runners wearing athletic gear gathered with families, friends and coworkers to stretch and prepare at the starting line. Parents held the hands of their young children, taking in the crisp autumn air. They had gathered for the 2026 Hangeul Run, an event commemorating the 100th anniversary of Gagyanal, the original name designated for Hangeul Day. This year’s Hangeul Run drew approximately 13,000 runner

2026-10-09 20:16:05:00

Hyundai’s 10 million-seller Tucson returns bigger, bolder

Having debuted in 2004, the Tucson achieved 10.53 million global cumulative sales last year, becoming Hyundai Motor’s third model to pass the monumental 10 million mark, after the Elantra and Accent sedans, making it the first SUV in its lineup to do so. Firmly established as a core compact SUV across North America, South America, Europe, the Asia-Pacific region and Africa, the fifth-generation Tucson now returns with a full revamp. The new model features the vehicle’s boldest design upgrade yet

2026-10-09 09:00:00:00

LG Energy Solution sets sales record on EV, ESS growth

LG Energy Solution posted record quarterly revenue in the third quarter, fueled by stronger electric vehicle battery shipments in Europe and rapidly growing demand for energy storage systems in North America. The battery maker said Thursday that preliminary revenue reached 9.64 trillion won ($7.21 billion), up 59 percent from a year earlier and 27.6 percent from the previous quarter. Operating profit rose 25.7 percent on-year and more than sixfold from the second quarter to 756 billion won. Excl

2026-10-08 14:52:15:00

HD Construction Equipment wins W390b US data center engine deal

HD Construction Equipment is expanding into the fast-growing US data center power market with a 390 billion won ($291.4 million) engine supply deal. The company said Wednesday it signed an agreement with US power infrastructure solutions provider ERock to supply 22-liter, high-efficiency long-block gas engines from 2027 through 2028. ERock will integrate the partially assembled engines into generator sets to supply power to hyperscale data centers operated by US tech companies. The deal marks HD

2026-10-07 17:43:41:00

Posco Future M lands W6tr LFP materials deal with Samsung SDI

Posco Future M has signed a 6 trillion won ($4.48 billion) deal to supply Samsung SDI with lithium iron phosphate battery materials, expanding their partnership as the battery industry seeks alternatives to Chinese suppliers. The agreement covers LFP cathode active material deliveries from 2027 through 2032. Posco Future M said the contracted volume is more than double the 190,000 tons covered by an earlier agreement signed in August. The companies have also consolidated individual supply contra

2026-10-06 17:55:10:00

Hyundai closes in on Ford in US. Can it pull ahead?

Hyundai Motor Group is closing in on Ford’s position as the third-largest automaker in the US, with strong hybrid sales putting a potential third-place finish on an annual basis within reach. Hyundai Motor and Kia outsold Ford in July and August, building a lead of more than 15,000 vehicles over the two months. But sustaining that momentum could become harder as Washington relaxes fuel economy rules, giving US rivals more room to focus on their profitable gasoline-powered SUVs and pickups. The c

2026-10-06 14:26:38:00

Doosan to lead W98.9b AI robotics projects

Doosan Robotics said Tuesday it had secured two major Korean government R&D deals to build South Korea’s first physical AI manufacturing platform by embedding domestic semiconductors into collaborative robots. The government-backed projects will receive 68.1 billion won ($50.7 million) in subsidies through the Industry Ministry and the Industry Ministry and the Korea Planning & Evaluation Institute Industrial Technology, with Doosan providing another 30.8 billion won. For the first project, Doos

2026-10-06 13:58:23:00

HD Hyundai XiteSolution rolls out electric forklifts up to 18 tons

HD Hyundai XiteSolution has launched what it says are South Korea’s first electric forklifts with lifting capacities of 10 to 18 tons, targeting shipyards, ports and steel mills traditionally reliant on diesel equipment. The company said Monday it recently held a test-drive event at its Eumseong plant in North Chungcheong Province for the new models, which have entered mass production. The launch follows the introduction of four- to nine-ton electric forklifts last year, giving the company what

2026-10-05 14:08:05:00

Hyundai to build Tucson Hybrid in US with $500m investment

Hyundai Motor will invest $500 million in its Alabama plant to produce hybrid vehicles and extended-range electric powertrains, expanding US manufacturing as it seeks to reduce tariff exposure and meet growing demand. Hyundai Motor President and CEO Jose Munoz announced the investment at the Automotive News Congress in Detroit on Tuesday. The plant will begin producing the Tucson Hybrid, followed by an extended-range electric version of the Santa Fe. The investment will support the development a

2026-10-01 14:25:54:00

LG Energy Solution to supply 46-series battery cells to US EV startup Indigo

LG Energy Solution said Thursday it had signed a memorandum of understanding to supply 46-series cylindrical battery cells to Indigo Technologies, a US commercial electric vehicle startup, from 2027 through 2030. The nickel-manganese-cobalt cells, which get their name from their 46-millimeter diameter, will power Indigo’s next-generation commercial EVs, including its Flow Ride and Flow Cargo models. The companies also plan to explore ways to extend driving range, shorten charging times and impro

2026-10-01 14:25:44:00