[Photo News] Hyundai promotes Busan World Expo bid in Paris

Hyundai Motor Group will operate 10 electric vehicles wrapped in designs promoting Busan's bid to host the 2030 World Expo in Paris Oct. 9-15, the Korean automaker said Friday. The automaker will provide the Ioniq 5 and EV6 -- two award-winning EVs by Hyundai Motor Company and Kia, respectively -- to the Korean delegation, which will carry out various related activities such as a symposium and K-pop concert in the French capital next week. (Hyundai Motor Group)

Oct. 6, 2023

BMW to double No. of EV chargers in Korea next year

BMW Korea said Thursday it will install 1,000 new chargers for electric vehicles in South Korea next year, almost doubling the number of its EV chargers in the country. Under its “Charging Next” project, BMW Korea plans to make the new chargers compatible with all EVs, not just BMW EVs. The German automaker currently operates 920 charging points nationwide and plans to complete the installation of more to reach a total of 1,100 by the end of the year. With the additional 1,000 charge

Oct. 6, 2023

LG Energy Solution secures massive battery supply deal for Toyota EVs

LG Energy Solution and Toyota announced Thursday that they have signed a 10-year supply contract for lithium-ion battery modules to be used in Toyota’s battery electric vehicles assembled in the United States, marking the first collaboration between the Korean battery maker and the Japanese auto giant in the burgeoning EV market. LG Energy Solution said it will invest 4 trillion won ($3 billion) in its Michigan plant to set up new production lines for battery cells and modules exclusively

Oct. 5, 2023

[Photo News] New BMW 5 Series unveiled

BMW’s new 5 Series premium sedan made its debut in Korea on Thursday. The eighth-generation full-change model was introduced after six years, boasting a range of sporty upgrades, a cutting-edge infotainment system and other convenient features. The new lineup includes the carmaker's very first battery-powered electric vehicle, the New i5. The high-end i5 M60 xDrive 361 has a driving range of 361 kilometers on a single charge. (BMW Korea)

Oct. 5, 2023

[Photo News] Genesis at BIFF

Hyundai Motor Group's luxury brand, Genesis, is sponsoring the 28th Busan International Film Festival, which runs Oct. 4-13, the automaker said Thursday. Genesis is providing 110 vehicles for participating actors, directors and other film industry officials to use during the festival. It will also showcase its vehicles, including the GV80 Coupe, which was first unveiled last month, at the venue. The automaker has sponsored BIFF every year since 2017. (Hyundai Motor Group)

Oct. 5, 2023

[Photo News] Whiskey in vogue

(From left) Richard Quinn, an English fashion designer and a brand collaborator for Pernod Ricardo Korea; Frantz Hotton, CEO of Pernod Ricardo Korea; Mathieu Deslandes, head of Royal Salute; and Miguel Pascual, chief financial officer of Pernod Ricardo, pose for a photo to celebrate the global debut of the second edition of Royal Salute 21 Year Old Richard Quinn in Seoul on Wednesday. The whisky’s world premiere comes against the backdrop of significant growth in high-end wines and whiskie

Oct. 4, 2023

Hyundai Ioniq 7 may start production in July next year

Hyundai Motor Company will begin producing the Ioniq 7, the automaker’s all-electric large sports utility vehicle, in July next year, local media reported Tuesday. According to the report citing unnamed industry sources, Hyundai Motor and its employment stability committee recently carried out a series of meetings to confirm the manufacturing plan for the Ioniq 7. Although there are remaining details to be finalized, the report said the EV SUV will begin production at Hyundai Motor’s

Oct. 3, 2023

Japan's Honda beefs up lineup to revive sales in S. Korea

Honda Korea Co. is beefing up its product lineup to revive sales after they plunged nearly 70 percent in the January-August period from a year earlier due mainly to a lack of new models. Honda Korea Co. has recently launched two all-new models -- the 3.5-liter gasoline-powered Pilot and the 2.0-liter gasoline hybrid CR-V SUVs, while planning to add the Accord gasoline hybrid sedan to the lineup next month. The Japanese carmaker had sold only two models, the 3.5-liter gasoline-powered Odyssey min

Oct. 2, 2023

[Photo News] LG's Chuseok drive

An LG Magna e-Powertrain technician inspects boxes of power inverter modules, essential parts for electric vehicles, at an LG Electronics plant in Incheon, Wednesday. In order to meet surging demand, LG Electronics said its EV parts production lines will remain operational during the six-day Chuseok break. LG’s Vehicle Component Division is expected to hit 100 trillion won ($73.2 billion) in order backlog by the end of this year. (LG Electronics)

Sept. 27, 2023

Revamped Genesis GV80 and first coupe sibling unveiled

Hyundai Motor Group on Tuesday unveiled the updates to its high-end brand Genesis’ sport utility vehicles, the GV80 and GV80 Coupe, in Korea. “Our latest design masterpieces -- the new GV80 and GV80 coupe -- will play a key role in further establishing Genesis as a truly original Korean luxury brand,” said Graeme Russell, Genesis chief brand officer, during a press conference in Yongin, Gyeonggi Province. “Building upon our foundation here in Korea, our global momentum is

Sept. 27, 2023

Hyundai Motor may sell Russian plant to local firm

A Russian firm will buy Hyundai Motor’s manufacturing plant in St. Petersburg which halted operations in March last year, Russian news agency TASS reported Wednesday citing Russian Deputy Prime Minister, Industry and Trade Minister Denis Manturov. The minister was quoted as saying, “We have already formed all decisions on Hyundai’s acquisition. At least what the company has announced itself. This is why a decision will be taken shortly. A local company will be the purchaser.&

Sept. 26, 2023

[Test Drive] Hyundai Ioniq 5 N unleashes full EV power

TAEAN, SOUTH CHUNGCHEONG PROVINCE -- Hyundai Motor Company’s Ioniq 5 N, a high-performance vehicle based on the foundations of the automaker’s awards-winning all-electric sports utility vehicle, does not look like a typical car built for motorsports. To be fair, it is not a race car. Nonetheless, Hyundai has put together an everyday sports EV that boasts monstrous power with the Ioniq 5 N. The Korea Herald got a closer look at the automaker’s first N-labeled EV and tested out t

Sept. 24, 2023

[Test Drive] Toyota’s minivan Alphard boasts sedanlike drive

Toyota launched its fourth electrification model in Korea for this year, the luxury hybrid minivan Alphard that features a chauffeured, sedanlike driving experience. The fourth generation of the multipurpose vehicle that has sold some 150,000 units in Japan and abroad hopes to offer “omotenashi” -- a Japanese expression that describes hospitality and mindfulness -- to customers ranging from company executives who need private space, to family car lovers. “Compared to the previo

Sept. 24, 2023

Hyundai Motor marks 25 years of supporting pediatric cancer patients

Hyundai Motor Group Executive Chair Chung Euisun has reiterated the importance of corporate responsibility as the South Korean automaker celebrated the 25th anniversary of Hyundai Hope on Wheels, a US-based nonprofit organization established to support pediatric cancer research and childhood cancer patients. “Under the vision ‘Progress for Humanity,’ Hyundai Motor is committed to doing the right things for the entire world including innovating products and fulfilling corporate

Sept. 22, 2023

[Photo News] For 2030 Busan World Expo

Hyundai Motor Group is promoting South Korea's bid to host the 2030 World Expo in Busan with the automaker's electric vehicles -- the Ioniq 5 and Ioniq 6 -- bearing the slogan "Busan is ready" near Duffy Square, north of New York's Times Square. The Group has been driving the specially painted vehicles around the city during the UN General Assembly, which is taking place in the city this week. (Hyundai Motor Group)

Sept. 21, 2023

KG Mobility vows to export 200,000 cars by 2026

KG Mobility on Thursday vowed to sell 200,000 cars in global markets by 2026, expanding its global networks from the Asia-Pacific region to Europe. The South Korean carmaker’s planned sales target consists of 200,000 exports -- 100,000 cars and 100,000 units of complete knock-downs -- unassembled car parts -- and 120,000 units of domestic sales in the citied period. “Based on the cumulative $1 billion exports, we are expected to be awarded as one of the Korean companies to have con

Sept. 21, 2023

Hyundai Motor, Georgia Tech team up for future mobility

Hyundai Motor Group has joined hands with the Georgia Institute of Technology, better known as Georgia Tech, to develop future mobility technologies such as battery, hydrogen and software, the South Korean automaker announced Wednesday. According to the announcement, representatives from Hyundai Motor and Georgia Tech including Hyundai Motor Group Executive Chair Chung Euisun and Hyundai Motor Company CEO Chang Jae-hoon signed a memorandum of understanding to collaborate on research and developm

Sept. 20, 2023

[KH Explains] Why Korean battery makers’ mass hiring still ‘not enough’ for tech race

The nation's top three battery makers have gone on a hiring spree, and it shows no signs of stopping. LG Energy Solution, Samsung SDI and SK On have hired thousands of new employees during the first six months of this year alone, but the mass hiring fell short of easing the talent shortage to keep up with their business expansion at home and abroad. According to their regulatory filings in August, LG Energy Solution, the largest among the three, hired 1,688 workers in the January-June perio

Sept. 19, 2023

[Test Drive] Volvo C40 Recharge introduces one-pedal driving

GANGNEUNG -- Manual cars, typically older models, have three pedals: an accelerator, a brake and a clutch. Automatic vehicles have two pedals: an accelerator and a brake. Battery electric vehicles still come with the same two pedals. The C40 Recharge, Volvo’s EV crossover, however, has taken it a step further, presenting an opportunity to essentially drive with only one pedal. The Korea Herald had the chance to test the C40 Recharge from Gangeung to Goseong in Gangwon Province as part of a

Sept. 18, 2023

[Photo News] EVs in NYC to promote Busan Expo bid

Hyundai Motor Group’s latest electric vehicles – the Ioniq 5, Ioniq 6 and Genesis G80 EV – reading “Busan is Ready” are displayed in downtown New York City on Sunday. With graphics designed by graffiti artist Jay Flow, the cars are scheduled to drive around the city’s landmarks during this week’s UN General Assembly to promote Busan’s bid to host the 2030 World Expo. (Hyundai Motor Group)

Sept. 18, 2023