Korean Air Co. said Tuesday it will file an appeal against a Russian court's penalty decision over the "omission" of the South Korean carrier's departure process at a Moscow airport in early 2021. The Russian arbitration court has recently ordered Korean Air to pay 59 billion won ($46 million) in fine to Russia's customs authorities for the omission, a Korean Air spokesperson said over the phone. The court's penalty is half of the fine requested by the Russian custo

Kia Corp., South Korea's second-biggest carmaker by sales, on Tuesday unveiled the design of the upgraded Sorento SUV ahead of its domestic launch next month. Kia plans to place the facelifted Sorento SUV with a gasoline, a diesel or an all-wheel-drive gasoline hybrid engine in the Korean market in mid-August, the company said in a statement. The two-wheel-drive gasoline hybrid version and the upgraded SUV's prices will be released later, the statement said. The facelifted Sorento come

Ioniq 5 to be fitted with locally produced battery packs from August 2024

S. Korean automaker to invest over W30b to support research activities through 2030

Annual production capacity of Samsung-Stellantis joint venture set to reach 67 GWh

The New QM6 by Renault Korea Motors is the only sport utility vehicle in Korea that is powered by liquefied petroleum gas or LPG. Highlighting the high demand for the LPG model among Korean drivers, the carmaker said almost seven out of 10 QM6 cars sold in the first half of this year were LPG models. Since its debut in 2019, the QM6 LPe is expected to hit the 100,000 mark in sales in the near future. According to Renault, one of the key reasons behind the LPG model’s huge success is its re

Hyundai Motor Group said Thursday it has developed six kinds of nanotechnologies that will be key drivers of growth in future mobility, ranging from autonomous driving cars to software defined vehicles. Nanotechnology creates new materials by synthesizing or fabricate arrays of materials that are 1 billionth of a meter in width. “Only when we secure top level materials technology in mobility can we improve the performance and durability of car parts and vehicles which will offer a competit

The “SK Boulevard” debuted in Jackson Country in the US state of Georgia on Wednesday, replacing the former Steve Reynolds Industrial Parkway in recognition of the contributions of SK Battery America to the local economy, SK On, the battery making unit of SK Group said Thursday. The announcement was made at a signage ceremony at SKBA's Georgia facility attended by key local figures including Georgia Gov. Brian Kemp, Commerce City Mayor Clark Hill, and Jackson County Chamber of C

Experts warn of EVs shutting down once water seeps into battery packs

Tesla's Chinese-made all-electric sport utility vehicle Model Y is unlikely to be eligible for full government subsidies in Korea, according to the Ministry of Environment. The ministry issued a note saying that the EV subsidy assessment was still ongoing, and that the rear-wheel drive car, manufactured in Shanghai, does not meet two of the four criteria that would qualify them for the full subsidy amount. “As the EV subsidy assessment is ongoing for Tesla’s Model Y, nothing has

Hyundai Motor Co., South Korea's biggest carmaker by sales, on Tuesday unveiled the design of the all-new Santa Fe SUV ahead of its planned world premiere in August. The fifth-generation Santa Fe is a full-change model from the fourth-generation one released in 2018. It comes with a maximized rear cargo capacity in line with the latest outdoor lifestyle trends, the company said in a statement. "The all-new Santa Fe is an SUV that finds a perfect balance between the city and the great o

Hyundai Motor on Tuesday unveiled the all-new Santa Fe, the South Korean automaker's signature midsized sports utility vehicle. The SUV's fifth-generation model underwent a full face-lift for the first time in five years. With the H-shaped headlamps featuring the carmaker's emblem, Hyundai said the vehicle is designed to fit both city and outdoor lifestyles. The automaker plans to disclose the SUV's specifications on Aug. 10.

South Korean battery materials makers are expected to take up 75 percent of separator film production within North America and Europe by 2030, a report showed Monday. Of the Korean companies, SK IE Technology, an electronics materials maker affiliated with SK Group, is projected to control the largest market share of 33 percent with an annual production capacity of 380 million square meters of separators in the cited period, according to energy market tracker SNE Research. Battery separator fi

Senior officials of South Korea and Thailand discussed ways Monday to expand bilateral cooperation on electric vehicles and other future industries, Seoul's industry ministry said. The discussion was made during a meeting between Deputy Trade Minister Jeong Dae-jin and Nattapol Rangsitpol, permanent secretary of Thailand's industry ministry, in Seoul, as the Thai official was visiting the country as part of his government's economic delegation, according to the Ministry of Trade,

Mercedes-Benz Korea said Sunday that a total of 11 South Korean college students have visited the carmaker’s facilities in Germany, including a smart factory in Sindelfingen and an AMG factory as part of an industry-university cooperation program, named Mercedes-Benz Mobile Academy. Since the program’s 2014 launch, more than 150 students have visited the European country. “I hope this year’s headquarters visit program will serve as a good referendum for the young traine