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What you need to know about Adani's US bribery indictment
Hyundai Motor’s Genesis US push challenged by Trump’s tariff hike: sources
Oasis confirms first Korean concert in 16 years
North Korean leader ‘convinced’ dialogue won’t change US hostility
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
Naver Webtoon promises creative freedom, responsible webtoon platform
Two jailed for forcing disabled teens into prostitution
Japan confirms vice-ministerial level figure attending Sado mine memorial
Daewoo E&C chair honored in India for boosting bilateral economic ties
South Korean military plans to launch new division for future warfare
[Today’s K-pop] Babymonster logs 100m views with ‘Drip’ music video
Dongduk Women’s University halts coeducation talks
SK chief underlines power of 'design thinking' amid global uncertainties
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
Hanjin inks partnership with DHL to boost logistics competitiveness
Hanwha Ocean drops police complaint against HD Hyundai in destroyer contract bid
OpenAI in talks with Samsung to power AI features, report says
Defense ministry denies special treatment for BTS’ V amid phone use allegations
AmCham seminar discusses US-Korea trade outlook for Trump’s 2nd term
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Hyundai Heavy Industries hits 200m horsepower in engine output
Mar 22, 2023
Hyundai Heavy Industries, the nation's largest shipbuilder affiliated with HD Hyundai, said Wednesday that its accumulative engine production for vessels has exceeded 200 million horsepower -- a record in the global shipbuilding industry. The company held a ceremony to mark the production milestone as it started a new 74,720-horsepower vessel engine at its engine production plant in Ulsan, an industrial city on the southern coast. The company said the latest feat comes 44 years since it sta
Posco Future M to build W400b battery materials plant in Pohang
Mar 21, 2023
Posco Future M, formerly called Posco Chemical, said Tuesday it would construct an electric vehicle battery materials plant in Pohang, North Gyeongsang Province, after landing a 40 trillion won ($30.6 billion) deal with Samsung SDI earlier this year. During a shareholders meeting Monday, the company decided to build a 392 billion-won plant that exclusively produces nickel cobalt aluminum (NCA) battery materials for the first time. The estimated annual production capacity is 30,000 tons, enough
[Photo News] EV charging robot
Mar 21, 2023
Hyundai Motor Group on Tuesday unveiled an artificial intelligence-based automotive charging robot. According to the carmaker’s test video, the robot communicates with the Ioniq 6 electric sedan and controls the charging process, from parking to opening and closing the charger port cover. Details about the robot’s mass-market debut were not disclosed immediately.
Kia unveils EV5 concept in China in renewed sales push
Mar 20, 2023
Hyundai Motor Group’s Kia on Monday unveiled the concept of its full-electric midsized sport utility vehicle EV5 in China, renewing its sales push in the all-important market where it has struggled to elevate its shrunken market share. The carmaker held the Kia EV Day event, its first media event this year, in Shanghai. Earlier, Kia said it would produce the EV5 in China for both domestic and global sales. The car is the smallest of its EV lineup. Since the 2021 debut of the EV6, its fir
[Herald Interview] Indiana lures Korean businesses with skilled workforce, hefty incentives
Mar 20, 2023
IRA-backed US state plans to set up liaison office in Seoul to bolster ties with battery makers
LG Energy Solution continues aggressive US expansion
Mar 20, 2023
S. Korean battery maker to secure over 250 GWh in North American production capacity by 2025
[Photo News] Aid through air
Mar 20, 2023
Relief goods are shipped to Korean Air’s special charter flight before it departs for Turkey on Monday. The Boeing 777 freighter carried 45 tons of relief goods, including tents, sleeping bags and blankets, to be delivered to the area hit by the Turkey-Syria tearthquake in February.
[Herald Interview] Volvo Trucks seeks to woo young, female drivers
Mar 20, 2023
Swedish automaker aims for 30% of Korean sales to be EV trucks by 2027
Seoul Mobility Show to showcase new EVs, flying cars
Mar 16, 2023
The upcoming Seoul Mobility Show will unveil a wide range of innovative transportation spanning from new electric vehicles to air taxis, the organizing committee said Thursday. The 11-day exhibition, slated for March 30 - April 9, is scheduled to take place at Kintex in Gyeonggi Province. More than 160 mobility companies including automakers, mobility service providers and mobility software companies across 10 countries will participate in the event, a 60 percent jump from a year earlier, accord
[Photo News] Seoul-inspired Rolls-Royce cars
Mar 16, 2023
Rolls-Royce Motor Cars on Thursday unveiled the Korea-only Lucid Night Editions of the Rolls-Royce Black Badge Cullinan SUV. The three limited-edition cars were inspired by the night view of Seoul that represents South Korea’s dynamics and modernity, the ultra-luxury carmaker said. Their prices are estimated at over 800 million won ($610,000). Rolls-Royce CEO Torsten Muller-Otvos is scheduled to visit Seoul later this month.
[Photo News] Kia EV9 unveiled
Mar 15, 2023
South Korean automaker Kia on Wednesday unveiled the official design of the Kia EV9, a large all-electric sport utility vehicle. Kia said it will release detailed information about the Kia EV9 later this month and debut the car at the upcoming Seoul Mobility Show on March 31-April l9 at Kintex in Gyeonggi Province.
Hyundai becomes world’s third-largest carmaker
Mar 15, 2023
Hyundai Motor Group has become the world’s third-largest carmaker in terms of sales, an impressive feat after more than two decades when, in 2000, the South Korean auto giant made it to the global top 10 list. According to its regulatory filing Wednesday, the carmaker sold a total of 6.8 million vehicles last year, the third highest after Toyota’s 14.8 million units and Volkswagen’s 8.5 million units. The sales figure outpaced Renault-Nissan Alliance's 6.2 million unit
Hyundai to acquire GM's auto plant in India
Mar 14, 2023
With planned acquisition, Hyundai, Kia’s combined production capacity to exceed 1 million units in world's 3rd largest car market
Swing launches mobility services for foreign users
Mar 13, 2023
South Korean personal mobility startup Swing said Monday that it is starting services for foreign users by diversifying identity verification methods to include passports and international driving licenses. In a recent mobile application upgrade, foreign nationals living or visiting Korea can register for a membership through a simpler identification process to use the company’s mobility services using electric scooters, bicycles, or boards. Currently, the app supports Korean and English,
[Newsmaker] Hankook Tire halts fire-hit Daejeon plant
Mar 13, 2023
Korean tire maker putting all-out effort to minimize losses, keep supply afloat
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Seoul to host winter festival from Dec. 13
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Blackpink's solo journeys: Complementary paths, not competition
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Smugglers caught disguising 230 tons of Chinese black beans as diesel exhaust fluid
[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts
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Actor Song Joong-ki welcomes second child in Rome
Main opposition pushes to ease, not postpone, tax on crypto gains
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