LG Energy Solution, SK On to unveil cheaper LFP batteries at this week’s InterBattery exhibition; Samsung SDI focuses on high-manganese batteries without pricey cobalt

European Union to unveil Critical Raw Materials Act on Tuesday

Auto giant pledges 1.85 million vehicles in 2023, almost 15% jump from pre-pandemic level

CEO renews commitment to Korea, Bentley’s biggest market in Asia-Pacific

Hyundai Motor Group on Tuesday premiered the all-new Kona Electric, the automaker's latest addition to its expanding portfolio of all-battery electric vehicles, in a video on its YouTube channel. According to the carmaker, the latest EV can drive 410 kilometers or more on a single charge, the longest driving length among EVs in the same classification. Hyundai Motor plans to present the all-new Kona Electric for the first time in an offline setting at the upcoming Seoul Mobility Show schedu

Alpha Motor Corporation, a US electric vehicle developer, will make its debut at the upcoming Seoul Mobility Show, which runs from March 30 to April 9 at Kintex in Gyeonggi Province, the event organizers said Tuesday. Established in 2020 in California by a group of automotive, IT and financial experts led by Korean-Americans, Alpha Motor will unveil its EV pickup trucks Wolf and Wolf Plus at the event.

More than 7 in 10 cars sold by Hyundai Motor Group in the US were sport utility vehicles, according to the South Korean auto giant’s sales data unveiled Monday. In the first two months of this year, Hyundai Motor and its smaller affiliate Kia sold a combined 162,632 SUVs in the all-important US market, an equivalent of 70.7 percent of its total sales of 230,000 vehicles. Hyundai and its luxury sibling Genesis sold 86,718 SUVs, while Kia sold 5,914 SUVs. It is the first time that the SUV

South Korean shipping company HMM's containers wait for shipment at a Busan port on Friday to deliver relief goods for victims of the Turkey-Syria earthquake. The firm said Monday it has decided to offer its containers free of charge to help relief efforts, with the first batch of 50 containers departing last week. HMM also plans to ship an additional 150 container homes to the quake-hit regions later this month.

S. Korean battery maker, US auto giant expected to establish joint battery plant with investment of up to W5tr: reports

Tens of thousands of job seekers have flocked to the Hyundai Motor Group website after the carmaker announced it would recruit production line workers for the first time in a decade, the company said Friday. More than 30,000 people visited the carmaker's recruitment page on the first day of applications on Thursday, causing a server slowdown throughout the day, according to the company. On Friday, it took more than 20 minutes to load the webpage when The Korea Herald tried to access it arou

South Korean and Chinese aviation authorities have agreed to gradually increase the number of flights on their bilateral routes to pre-pandemic levels, the South Korean transport ministry said Friday. Seoul and Beijing have the rights to provide 608 flights a week on routes to each other's country, and they used to offer a combined 1,100 weekly flights before the COVID-19 hit the airline industry three years ago, the Ministry of Land, Infrastructure and Transport said in a statement. "

Last month, auto giants Renault and Nissan announced that they were reshaping their decades-old strategic alliance, calling Europe a top priority market in their renewed green push. With an Asia strategy missing in the landmark deal, experts here warn that Renault Korea Motors could be downgraded as a production base for the French carmaker unless sizeable investments are made in developing its own new cars. Decades-old alliance reshaped On Feb. 6, Renault and its Japanese partner Nissan u

Jeep has opened its first dealership with an off-road experience zone in Guri, Gyeonggi Province, Stellantis Korea said Thursday. With the latest opening, Jeep now has 21 dealerships across the country.

Britain's antitrust regulator said Wednesday it has approved the integration of South Korea's Korean Air with its smaller local rival Asiana Airlines. Britain's Competition of Markets Authority (CMA) said in a statement that undertakings given by Korean Air are "appropriate" to remedy or mitigate a lessening of competition in the market. Korean Air proposed supporting a new Incheon-London route of British airliner Virgin Atlantic Airways, as the CMA had demanded Korean A

Chung Euisun meets 12 ambassadors from Africa, Caribbean, Pacific region in US