Global ranking of EV sales

With Tesla dominating EV market, other automakers are ready to take on competition

Airline traffic in South Korea and other countries in the Asia-Pacific region will remain well below 2019 levels next year due to the coronavirus's impact on the airline industry, according to a global ratings agency Saturday. The pace of the recovery will depend on each market's relative success in bringing the COVID-19 pandemic under control to help improve passenger confidence and reduce the risk of further travel restrictions, Fitch Ratings said. "Airline passenger volume could impro

Air Busan Co., the budget carrier unit of Asiana Airlines Inc., said Tuesday it will resume flights to the Chinese city of Qingdao in mid-October to meet travel demand from businessmen. Air Busan plans to offer one flight a week on the Busan-Qingdao route from Oct. 15 after suspending the route for more than seven months due to the coronavirus impact on the airline industry, the company said in a statement. In July, the carrier resumed the Incheon-Shenzhen route, but other Chinese routes to N

NEW GENESIS IN CAMOUFLAGE -- Genesis unveiled its first GV70 teaser image wrapped in camouflage Tuesday. Genesis emphasized the brand’s identity by attaching the G-Matrix pattern camouflage film to the GV70. The GV70 is the fifth vehicle in the Genesis lineup, and is a rear-wheel-drive-based luxury midsize sport utility vehicle. (Hyundai Motor)

Two flights were diverted from Incheon International Airport, west of Seoul, on Monday due to a report of suspected drone activity, airport officials said.    The airport suspended operations of all flights between 6:59 p.m. to 7:44 p.m. and redirected a passenger airplane and a cargo flight to nearby Gimpo International Airport after a report was filed that an object suspected to be a drone was spotted around the airport.    The police said they sent officers to the site

Air Busan, the budget carrier unit of Asiana Airlines, said Monday it seeks to raise 89 billion won ($76 million) in a rights offering in December to secure operating capital.    Air Busan will issue 30 million shares at 2,970 won per share, first to existing holders on Dec. 7-8 and then in a public offering on Dec. 10-11, the company said in a statement.    "Faced with an unprecedented COVID-19 pandemic and its impact on the airline business, the company has decided o

The nation’s largest automaker, Hyundai Motor, said Sunday that it had unveiled new cars and technologies targeting China at the 16th Beijing International Automotive Exhibition, which kicked off a day earlier. The automaker said it showcased a technology brand, called “H Smart+,” exclusively for China. The space consists of three areas: a clean field that focuses on electric cars and hydrogen cars, a connected field showing connectivity technology such as Baidu 3.0 and B

Hyundai Motor Group appointed powertrain expert Alain Raposo as executive vice president in charge of its powertrain tech unit at the group’s research and development division on Friday. Hyundai said Raposo will be responsible for engine, transmission and electrification development for Hyundai and Kia brands at the group’s global R&D headquarters, starting Monday. According to the automaker, Raposo is an expert who has led the research and development for powertrains, electr

Hyundai Motor said Friday it is participating in this year’s ADAC Total 24H Race to be held in Nurburgring, Germany, with three vehicles from its high-performance brand N. Hyundai Motor said all of its three vehicles of Hyundai N -- i30 N TCR, Veloster N TCR and i30 Fastback N -- will compete in the contest from Sept. 26 to 27 to test their endurance. It is the fifth time the automaker is taking part in the race since 2016, the company said. The Nurburgring circuit is a 25-kilometer c

President of Incheon International Airport Corp. Koo Bon-hwan said he is mulling legal action against what he says has been mistreatment, after authorities passed a resolution to remove him from his position. During the press conference at the airport on Friday, Koo said he feels “a weight has been lifted off his shoulders” and is “sad” being forced to resign halfway through his three-year term. The outgoing chief also accused the Ministry of Land, Infrastructure and Tr

Hyundai Motor Group said Thursday it has scouted Tomaso Poggio and Daniela Rus, experts on artificial intelligence, to work together on various projects of AI technology development. Poggio and Rus are serving as technology consultants and have been giving advice on utilizing AI to build planning and technological strategies for new business models, to establish a global research organization and to set investment directions for research infrastructures. Poggio, who heads the Center for Br

Asiana Airlines will offer a special two-hour flight to nowhere next month, becoming the first among local airliners to provide the service to ordinary customers. Known as the “hotel in the sky,” the airline’s A380 aircraft will fly out of Incheon Airport and travel over Gangneung in Gangwon Province, Pohang in North Gyeongsang Province, Gimhae in South Gyeongsang Province and Jeju Island, before coming back after a flight of one hour and 20 minutes on Oct. 24 and 25. Seats be

Hyundai Motor revealed Wednesday the exterior design of its 2021 Sonata N Line. The new Sonata N Line expands Hyundai’s midsize sedan lineup following the launch of the Sonata and Sonata Hybrid in 2019. “The 2021 Sonata N Line will attract more customers to both the rock-solid Sonata lineup and our increasingly popular N Line subbrand. Sonata N Line will appeal to customers who desire sporty styling in a sedan package,” said Lee Sang-yup, head of the Hyundai Global Desi

Stinger Meister adopts Kia’s first 2.5-liter turbo engine used for Genesis models