EV traction motor cores
Scope
Date
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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)
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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)
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Hydrogen economy
Hyundai, SK in hydrogen tie-up as part of $38 bn industry cooperation
South Korea’s auto giant Hyundai Motor Group and energy conglomerate SK Group have agreed to tie up in hydrogen-related projects as part of an...
Mar 02, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor to ramp up fuel cell car production
South Korea-based Hyundai Motor Co. has decided to produce around 17,000 units of its hydrogen fuel cell electric vehicle (FCEV) this year, thrice t...
Mar 02, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai Motor's IONIQ 5 pulls in record pre-orders
Hyundai Motor Co.'s latest all-electric vehicle is making headlines in Europe, with over 10,000 users signing up for the 3,000 units of the limited ...
Mar 01, 2021 (Gmt+09:00)
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Corporate restructuring
Ssangyong Motor gets extended grace period before court-led revamp
Ssangyong Motor Co. has received court approval to extend the two-month suspension of its debt obligations and find a new investor for the South Kor...
Feb 26, 2021 (Gmt+09:00)
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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)
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Future mobility
Hyundai Motor hires US aerospace expert as UAM business CTO
Hyundai Motor Co. has hired a US aerospace expert as the chief technology officer of its urban air mobility (UAM) business as part of the automotive...
Feb 24, 2021 (Gmt+09:00)
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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)
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Hydrogen economy
Hyundai Motor, POSCO steelmaking tie-up to develop hydrogen tech
South Korea’s Hyundai Motor Co. and steel giant POSCO have agreed to jointly develop technology that uses hydrogen instead of coking coal to p...
Feb 23, 2021 (Gmt+09:00)
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Shareholder value
Young, female, foreign: Hyundai Motor Group’s new BOD
South Korea’s Hyundai Motor Group, under its new leader Chung Euisun, is seeking changes on its board of directors, the group's top business d...
Feb 21, 2021 (Gmt+09:00)
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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)
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Future mobility
Hyundai Motor unveils AI-powered voice recognition technology
South Korea-based Hyundai Motor Group has unveiled new artificial intelligence-powered voice recognition technology to be installed in mass-produced...
Feb 18, 2021 (Gmt+09:00)
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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)
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Hydrogen economy
Hyundai Motor, POSCO tie up in hydrogen projects
South Korea’s Hyundai Motor Group and steel giant POSCO have agreed to cooperate in hydrogen-related projects and jointly explore overseas bus...
Feb 16, 2021 (Gmt+09:00)
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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)
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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)
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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)
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Automobiles
Hyundai Motor, Kia post strong US sales on SUV, Genesis
Hyundai Motor Co. and sister firm Kia Corp. posted strong January sales in the US, where the South Korean companies are working to refine their prof...
Feb 03, 2021 (Gmt+09:00)
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Mergers & Acquisitions
US auto startup set to buy 51% of Ssangyong Motor for $250 mn
HAAH Automotive Holdings Inc., a US automobile distributor, is planning to inject $250 million into South Korea's Ssangyong Motor Co. to take a 51% ...
Jan 29, 2021 (Gmt+09:00)
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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)
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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)
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Earnings
Hyundai Motor Q4 net profit jumps on Genesis, high-end SUVs
Hyundai Motor Co. on Tuesday reported a 78% jump in its fourth-quarter net profit, driven by robust sales of its luxury Genesis models and high-end ...
Jan 26, 2021 (Gmt+09:00)
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Batteries
SK Innovation buys 13% stake in China’s EV battery-swap station operator
SK Innovation Co. has signed a deal to acquire a 13% stake in a Chinese electric vehicle battery-swap station operator, as the South Korean company ...
Jan 21, 2021 (Gmt+09:00)
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Corporate rebrand
Kia drops Motors from name, unveils roadmap for new EV models
Kia Motors Corp., a unit of Hyundai Motor Group, has dropped Motors from its name, as the company breaks away from its traditional manufacturing-dri...
Jan 15, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai Motor releases IONIQ 5 EV teasers before February reveal
Hyundai Motor Co. has shared a few images of the IONIQ 5, the first model under its standalone electric vehicle sub-brand, ahead of its official rev...
Jan 13, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai Motor in early talks with Apple on EV tie-up; shares surge
Hyundai Motor Co. looks to be in the early stages of discussions with Apple Inc. to jointly develop and produce self-driving electric cars, a move t...
Jan 08, 2021 (Gmt+09:00)
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Batteries
Hyundai Motor to build first overseas hydrogen fuel cell plant in China
Hyundai Motor Co. will build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to enter the world’...
Jan 05, 2021 (Gmt+09:00)
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Batteries
Korea’s EV battery trio among world’s top 5; seen gaining further ground
South Korea’s three major electric vehicle battery makers have grown significantly over the past year, securing spots on the world’s top...
Jan 04, 2021 (Gmt+09:00)
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Corporate restructuring
Ssangyong Motor gets 2-months' grace before court-led restructuring
Ssangyong Motor Co. has received court approval for a two-month suspension of its obligations to repay debt as the troubled automaker is seeking to ...
Dec 28, 2020 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer