BUSSINESS
August 28, 2024 06:09pm
'Hyundai Way': Auto giant's W121tr plan aims to seize mobility market lead
Hyundai Motor Company is making a bold move towards the future with an investment of 120.5 trillion won ($90.3 billion) over the next decade. This inv...
August 28, 2024 04:09pm
Samsung SDI, GM push ahead with $3.5b joint battery plant in US
Samsung SDI and General Motors reaffirmed their commitment to the growth of the electric vehicle market despite the recent slowdown as they finalized ...
August 26, 2024 04:26pm
Hyundai-Kia climb to top credit ranks among global automakers
Hyundai Motor Company and Kia have just secured their place among the world’s most financially sound automakers. According to industry sources Monday,...
August 25, 2024 01:34pm
[Test Drive] Audi's A7 PHEV, an all-around beauty
The popularity of hybrid vehicles has been gaining steam in South Korea as the country is still in an early phase of adapting electric vehicles. Audi’...
August 25, 2024 12:53pm
Renault Grand Koleos boasts extensive safety features
Renault Korea’s Grand Koleos stands out as a mid-size hybrid sport utility vehicle with extensive safety features, including numerous advanced driving...
August 22, 2024 02:50pm
[Test Drive] Casper Electric: a small, yet full package
The Casper Electric, Hyundai Motor’s newest all-electric sub-compact sport utility vehicle, might look unassuming but it wins consumers' hearts w...
August 22, 2024 02:50pm
Porsche unveils K-edition Taycan in Seoul
Porsche Korea launched the new Taycan on Thursday, the brand’s upgraded all-electric sports sedan, as the German sports car-maker aims to keep buildin...
August 22, 2024 02:38pm
Hyundai Motor previews new tech to beat heat waves
Amid one of South Korea’s hottest summers on record, Hyundai Motor Group hosted the Heat Tech Day event on Thursday in Seoul to preview three advanced...
August 21, 2024 02:57pm
LG Energy Solution to expand battery safety software business
LG Energy Solution said Wednesday it is expanding its battery safety diagnostic software business in response to the rising demand from electric vehic...
August 20, 2024 06:09pm
KG Mobility to sell new Actyon SUV on Naver shopping platform
Korean sport utility vehicle dark horse KG Mobility (KGM) unveiled a refreshed brand strategy Tuesday as it launched its new SUV Actyon, with eyes set...
August 20, 2024 03:25pm
[Herald Interview] Jeep Avenger looks to repeat European success in Korea
Jeep is launching its first all-electric vehicle, the Avenger, in Korea next month. “The Avenger was the first Jeep nameplate offered with an all-elec...
August 19, 2024 02:57pm
Ford halts Quebec battery plant project with SK, EcoPro
Construction of a cathode material plant in Becancour, Quebec -- a joint venture between Korea’s EcoPro BM, SK On, and US automaker Ford -- has been h...
August 18, 2024 03:34pm
Hybrid vehicles report fewest fire incidents: data
Statistics from the National Fire Agency showed Sunday that hybrid vehicles reported the fewest fire incidents over the last five years, as fears rela...
August 16, 2024 02:56pm
Korea sees panic selling in used EVs
A mass sell-off of EVs has begun in South Korea, following a fire involving a Mercedes-Benz EV in Incheon that destroyed more than 140 cars and sparke...