Hyundai Motor Company’s smaller affiliate Kia on Friday unveiled the carmaker's first electric vehicle manufacturing plant in Gwangmyeong, Gyeonggi Province. Ramping up production of the compact EV3 sport utility vehicle, Kia plans to produce a mid-sized sedan model, the EV4, next year. The 401.6 billion won ($304.2 million) facility has an annual production capacity of 150,000 units. (Kia)

Mercedes-Benz Korea presented a custom Mercedes-AMG SL 63 4Matic+ to esports star Lee “Faker” Sang-hyeok on Thursday, celebrating his induction into the League of Legends Hall of Legends. Tailored through the bespoke Manufaktur program, the one-of-a-kind roadster features Faker’s signature and Hall of Legends detailing. Powered by a 4.0-liter V8 engine with 585 horsepower, the car is intended to mirror Faker’s agility and precision in gameplay. Mercedes-Benz Korea CEO M

Daewoo Engineering & Construction Chairman Jung Won-ju (center) participates in a business cooperation ceremony on Friday in the Czech Republic, with Martin Chrastil (right), CEO of Sudop Praha, and Cho Seung-il (left), executive director of Daewoo E&C's plant division. The partnership, established during South Korean President Yoon Seok Yeol's visit with an economic delegation, focuses on designing and licensing temporary and auxiliary facilities for the new nuclear power plan

LG Uplus, South Korea’s telecom carrier, hosts a pop-up event for Apple’s latest iPhone 16 at its six-story flagship store in Gangnam, southern Seoul. The event, continuing to Sept. 29, allows visitors to try the iPhone 16 and other Apple products. Social media influencers are also able to unbox their new iPhones and preview LG’s upcoming AI-driven call recording service, ixi-O, which is expected to offer features like call recording and content summarization when it launches n

Hana Bank CEO Lee Seung-lyul (fifth from left) and Pyeongtaek B constituency Rep. Kim Hyun-jeong (sixth from left) pose for a photo at the opening ceremony of Pyeongtaek Foreign Customer Center on Thursday. The center aims to improve access to financial services for foreign workers in South Gyeonggi Province, including Pyeongtaek, Hwaseong and Anseong. The new branch will offer customer services like AI-based real-time translation and bank information kiosks. Additionally, Hana Bank’s 16 b

Hyundai Motor has earned its first top employer honor in India from Top Employer Institute, a global human resources certifier headquartered in Amsterdam. Kim Un-soo, managing director of Hyundai Motor India, said the accolade is a testament to the automaker's ongoing commitment to creating an inclusive, dynamic, engaging and rewarding workplace, adding that the recognition reflects Hyundai Motor's "People First" philosophy. Top Employer Institute underlined that Hyundai Moto

With support from Hyundai Motor Group’s premium brand Genesis, The Metropolitan Museum of Arts in New York has launched an art exhibition titled, “Long Tail Halo” on Thursday. In partnership with Genesis, The Metropolitan Museum of Art, one of the world’s largest art museums, has featured four installation pieces by renowned Korean contemporary artist Lee Bul, displayed prominently at the museum's main entrance. (Hyundai Motor Group)

Pope Francis waves to the crowd from a Hyundai Ioniq 5, the auto giant’s flagship electric vehicle, as he arrives at the National Stadium in Singapore on Thursday. Singapore is the final stop of the pope’s 12-day, four-nation trip through Southeast Asia and the South Pacific – his longest and most distant tour of his papacy. (AFP-Yonhap)

S-Oil CEO Al-Hejazi (right) poses for a photo with a child while making Songpyeon, a traditional Korean halfmoon-shaped stuffed rice cake, in collaboration with the Loveaid Foundation at the company’s headquarters in Mapo-gu, Seoul, on Thursday. With the help of international students from Saudi Arabia and children from the company child care facility, the CEO and 150 company officials prepared Songpyeon and gift bundles worth 60 million won ($44,800) for low-income households. Since 2007,

SK Telecom welcomed 35 UCLA eMBA students to its Seoul headquarters on Wednesday, offering an exclusive look into its innovative AI strategies. The nation's top telecom carrier delivered presentations on its AI Pyramid Strategy and outlined plans to expand its global business through the Global Telco AI Alliance – a partnership with global telecom companies focused on advancing AI-powered services. As part of UCLA Anderson School of Management’s International Business Resident

LG Energy Solution highlighted its latest energy storage technologies at RE+ 2024, North America’s largest clean energy expo, held this week in Anaheim, California. Taking center stage was the JF2 AC/DC Link 5.1, a modular energy storage system with 21 percent improved energy density and a capacity of up to 5.1 megawatt-hours, targeted for US production in 2025. This system, optimized for commercial and grid-scale applications, was designed to simplify installation and improve efficiency.

Mercedes-Benz Korea said Tuesday that it has launched its 17th Automotive Electric Traineeship and 8th Ausbildung Program. The AET program focuses on college students, while Ausbildung targets vocational high school students, offering hands-on experience in Mercedes-Benz dealerships. Both programs emphasize electric vehicle technology, preparing participants for the future of the automotive industry. Upon completion, trainees receive certifications recognized globally. Since their inception, the

Shinhan Financial Group Chairman Jin Ok-dong (left) poses with Community Chest of Korea Chairman Kim Byong-joon after signing an agreement to make a joint effort to spread a culture of philanthropy harnessing will-substitute trusts at the charity's headquarters in Seoul Monday. Shinhan will encourage its customers who have signed up for its will-substitute trust program to donate a portion of their wealth to the nonprofit Community Chest of Korea when inheriting assets in the future. (Shinh

Hyundai Motor secured a triple podium finish at the Acropolis Rally Greece that took place from Thursday to Sunday, in the 10th round of the 2024 World Rally Championship. Thierry Neuville took the top spot, with teammates Dani Sordo and Ott Tanak close behind. This victory, Hyundai’s fourth of the season, came on one of the toughest WRC courses, known for its punishing unpaved roads and high temperatures. Hyundai’s i20 N Rally1 Hybrid cars outperformed rivals in durability and rel

Hyundai Motor Group Executive Chair Chung Euisun (center) speaks during the second Trilateral Executive Dialogue, or TED, a leadership seminar between South Korea, the United States and Japan, held at Grand Hyatt Seoul on Wednesday. Hyundai Motor Group sponsored this year's TED, which gathered some 100 key figures from the three countries’ governments, assemblies and corporations to discuss strategic trade and investment, biotechnology security, energy cooperation, and the role of tec