2024 EV of the Year
Scope
Date
~
-
Electric vehicles
Hyundai debuts First Genesis EV sedan at Shanghai Auto Show
Hyundai Motor Co. on Monday unveiled an electric version of its premium brand Genesis at the opening of Auto Shanghai 2021 as the top South Korean c...
Apr 19, 2021 (Gmt+09:00)
language -
Batteries
GM, LG to build second US EV battery plant in Tennessee
LG Energy Solution Ltd. and General Motors Co. will spend 2.7 trillion won ($2.4 billion) to build their second US electric vehicle battery plant in...
Apr 19, 2021 (Gmt+09:00)
-
Batteries
SK expands EV profile with Signet EV acquisition, Polestar investment
SK Group will enter the fast-growing electric vehicle (EV) charger market by acquiring a majority stake in South Korea’s industrial charger ...
Apr 15, 2021 (Gmt+09:00)
language -
Korean stock market
Foreigners return to Korean market; Kosdaq at near 21-year high
Foreign investors, the dominant players on the Korean bourse, are returning as buyers of Samsung Electronics Co. and other blue chips, keeping the m...
Apr 12, 2021 (Gmt+09:00)
language -
Capital raising
Stock, bond issues in S.Korea set for a record year in 2021
South Korean companies, having raised 30 trillion won ($27 billion) in both equity and bond issues in the first quarter of this year, are on course ...
Apr 06, 2021 (Gmt+09:00)
-
Batteries
Posco Chemical to supply EV battery materials to GM-LG Energy JV
Posco Chemical Co., the secondary battery materials unit of POSCO, will supply anodes, a key material used in electric car batteries, to the joint v...
Apr 05, 2021 (Gmt+09:00)
language -
Research & Development
Chips, EV and AI lead Korean firms' 2020 R&D spending
Semiconductor chips, electric vehicles and artificial intelligence (AI) drove the top 100 South Korean companies' spending on research and developme...
Apr 05, 2021 (Gmt+09:00)
language -
Monthly trade infographics
South Korea's secondary battery exports reach all-time highs for 5 years in a row
Despite worsening economic conditions due to the COVID-19 crisis, South Korea’s secondary battery business saw a rise in its key indicators, inc...
Mar 30, 2021 (Gmt+09:00)
-
Batteries
Hyundai to build ultra-fast EV charging infrastructure under E-pit brand
Hyundai Motor Group has unveiled a plan to build high-speed electric car charging infrastructure across the country as the South Korean auto giant s...
Mar 23, 2021 (Gmt+09:00)
-
Steel
POSCO CEO enters 2nd term with focus on eco-friendly markets
South Korean steelmaker POSCO Co. will put its efforts into gaining dominance in new growth markets such as eco-friendly vehicles and steel bars use...
Mar 12, 2021 (Gmt+09:00)
-
Electronics
S.Korea’s top flexible PCB maker wins big in 5G and EVs
BH Co. is South Korea’s leading manufacturer of flexible printed circuit board (FPCB), an essential component of smartphones, from camera to O...
Mar 10, 2021 (Gmt+09:00)
-
Electric vehicles
Kia reveals teaser of first dedicated EV model, EV6
Kia Corp. on Mar. 9 showcased teaser images and video clips of EV6 – its first dedicated electric vehicle (EV) built on Hyundai Motor Group&rs...
Mar 09, 2021 (Gmt+09:00)
language -
Batteries
US' ITC says 10-year import ban on SK not excessive
The US International Trade Commission (ITC) has stated that the 10-year exclusion order prohibiting SK Innovation Co. from importing battery product...
Mar 05, 2021 (Gmt+09:00)
-
Batteries
LG Energy, GM in talks to build 2nd EV battery plant in Tennessee
South Korea’s LG Energy Solution Ltd. is exploring building a second electric car battery plant in the US with joint venture partner General M...
Mar 05, 2021 (Gmt+09:00)
language -
Electric vehicles
Hyundai, LG Energy agree to split EV recall costs, reflect in Q4 results
Hyundai Motor Co. and LG Energy Solution Ltd. have agreed on how to split the costs of replacing the electric vehicle batteries made by the LG Group...
Mar 05, 2021 (Gmt+09:00)
language -
Premium TVs
Samsung launches QLED TVs, aims to retain global leadership for 16th year
Samsung Electronics Co., the world’s largest TV maker, has launched new flashy flagship TV models, with which the tech giant aims to retain it...
Mar 03, 2021 (Gmt+09:00)
-
IPOs
Upward IPO price band revisions at all-time high this year
This year, South Korean companies preparing for trading debuts have set their offering prices on average about 27% higher than the proposed price ba...
Mar 02, 2021 (Gmt+09:00)
-
IPOs
Top travel platform Yanolja eyes Q2 IPO review, listing by year-end
South Korea’s largest travel platform Yanolja is looking to have its initial public offering plans reviewed by regulators in the second quarte...
Mar 01, 2021 (Gmt+09:00)
-
Electric vehicles
Hyundai to recall some 82,000 EVs over fire risk; cost seen at $900 mn
Hyundai Motor Co. said on Wednesday that it will recall 81,701 units of its electric vehicles sold worldwide over fire risk, in a move that could co...
Feb 24, 2021 (Gmt+09:00)
language -
Pension funds
NPS posts near 10% returns for second straight year
The National Pension Service (NPS) has reported a provisional return rate of 9.7 percent in 2020, marking the second time for the South Korean pensi...
Feb 24, 2021 (Gmt+09:00)
-
Electric vehicles
Hyundai Motor debuts all-electric IONIQ5 as EV battle rages on
Hyundai Motor Co. on Tuesday debuted a new, all-electric IONIQ5, the first model under its standalone electric vehicle sub-brand, amid intensifying ...
Feb 23, 2021 (Gmt+09:00)
language -
Electric vehicles
Hyundai Motor, LG Energy team up on EV battery leasing, recycling
The Hyundai Motor Group will lead a government initiative to reduce battery-related environmental problems by collaborating with other companies on ...
Feb 18, 2021 (Gmt+09:00)
language -
Batteries
Korea’s EV battery trio controls half of global market ex-China
South Korea’s LG Energy Solution Ltd. and two other major domestic electric vehicle battery makers have grown significantly, controlling more ...
Feb 17, 2021 (Gmt+09:00)
language -
IPOs
Naver Webtoon targets US listing by year-end
Naver Webtoon Ltd. has begun preparations to make its trading debut in the US by year-end, according to the investment banking industry on Feb. 17.S...
Feb 17, 2021 (Gmt+09:00)
language -
Tech, Media & Telecom
Korea’s Optrontec eyes growth in optical lens sales as EVs take off
Optrontec Inc., a small South Korean manufacturer and provider of optical filters, lenses and three-dimensional sensing technology, has been ramping...
Feb 16, 2021 (Gmt+09:00)
-
Hyundai reveals interior images of EV model IONIQ 5
Hyundai Motor Co. unveiled interior images of the IONIQ 5, the first model under its standalone electric vehicle sub-brand, on Feb. 15, featuring a ...
Feb 15, 2021 (Gmt+09:00)
language -
Electric vehicles
Korean auto parts players to shine as carmakers go all in on EVs
Korean auto parts makers have rarely been favored by stock investors as they were regarded as mere subcontractors, with their performance largely de...
Feb 08, 2021 (Gmt+09:00)
language -
Sovereign wealth funds
KIC earns 60% of its cumulative gains in last two years
Korea Investment Corporation (KIC) earned a combined $42 million in gains between 2019 and 2020, representing 60% of its cumulative earnings since i...
Feb 02, 2021 (Gmt+09:00)
-
Batteries
SK Innovation’s Q4 EV battery business revenue hits record high
South Korea’s SK Innovation Co. on Friday posted record sales revenue in its electric-vehicle battery business in the fourth quarter of 2020 a...
Jan 29, 2021 (Gmt+09:00)
-
Batteries
SK Innovation to build 3rd EV battery plant in Hungary for $2.3 bn
SK Innovation Co. will build its third electric-vehicle battery plant in Hungary for $2.29 billion, aiming to grab a greater share of the fast-growi...
Jan 29, 2021 (Gmt+09:00)