Hyundai Group
Scope
Date
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Future mobility
Lotte joins Korea’s UAM race as Hyundai closes ranks with others
South Korean conglomerate Lotte said on Tuesday it is joining hands with three other partners to enter the country’s urban air mobility (UAM) ...
Nov 16, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Doosan near completing self-rescue plan with E&C sale
South Korea's Doosan Group is near finalizing a deal to sell Doosan Engineering & Construction Co. (Doosan E&C) to a consortium led by Seoul...
Nov 12, 2021 (Gmt+09:00)
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Electric vehicles
Kia to go EV-only in Europe by 2035, teases EV9 SUV concept
Kia Corp., the automaking unit of South Korea’s Hyundai Motor Group, said on Thursday it will only sell electric and fuel cell vehicles in Eur...
Nov 11, 2021 (Gmt+09:00)
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Future Mobility
Hyundai to set up UAM research center in LA next year
South Korea’s Hyundai Motor Group is accelerating the urban air mobility (UAM) business with a plan to set up a research center for the sector...
Nov 10, 2021 (Gmt+09:00)
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Mergers & Acquisitions
CJ Cheiljedang to acquire Dutch bio firm Batavia for 195 million euros
CJ Cheiljedang Corp., a key subsidiary of South Korea’s food and entertainment conglomerate CJ Group, said on Monday it is acquiring Batavia B...
Nov 08, 2021 (Gmt+09:00)
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Automobiles
Hyundai mulls reentry into Japan with EVs, FCEVs
Hyundai Motor Co. is considering a return to Japan with electric vehicles and fuel cell electric vehicles after South Korea’s top carmaker r...
Nov 08, 2021 (Gmt+09:00)
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Energy
Hyundai Oilbank to develop eco-friendly e-fuels with Danish firm
Hyundai Oilbank Co. plans to develop eco-friendly electrofuels, or e-fuels, jointly with Denmark's Haldor Topsoe as the South Korean oil refiner has...
Nov 05, 2021 (Gmt+09:00)
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Batteries
US startup SES unveils game-changing lithium-metal battery
SES Holdings Pte. Ltd., one of the world’s top solid-state battery makers, unveiled a hybrid lithium-metal rechargeable battery with better pe...
Nov 04, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai Motor to debut IONIQ 7 concept in November LA auto show
Hyundai Motor Co. on Thursday revealed teaser images of SEVEN, an all-electric SUV concept that would be the IONIQ 7, its first large-size SUV under...
Nov 04, 2021 (Gmt+09:00)
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Corporate investment
CJ Group Chief unveils $8.5 billion investment plans for growth
South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ Cheiljedang Corp. as well as entertainment gia...
Nov 04, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai Motor to produce EVs in US from 2022
Hyundai Motor Co. will be bringing forward the production of its electric vehicles in the US to next year, starting with the SUV model GV70, as the ...
Nov 03, 2021 (Gmt+09:00)
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Automobiles
Hyundai's Genesis beats Lexus' selling price in US
The rising demand for high-end vehicles, despite dwindling production caused by semiconductor shortages, are driving new vehicle prices to record hi...
Nov 02, 2021 (Gmt+09:00)
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Business & Politics
SK Group’s Chey vows half of $52 bn US spending in batteries, hydrogen
SK Group Chairman Chey Tae-won has vowed to spend $26 billion, or half of the group’s planned investment in the US by 2030, on electric vehicl...
Nov 02, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Shinhan Financial acquires BNP Paribas Cardif General Insurance
Shinhan Financial Group has acquired BNP Paribas Cardif General Insurance, the non-life insurance unit of French banking group BNP Paribas in a move...
Nov 01, 2021 (Gmt+09:00)
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Steel
SeAH set for record earnings on steel supercycle, offshore wind projects
SeAH Group, a South Korean mid-size special steel conglomerate, is set to post record earnings this year on the back of the global steel supercycle ...
Oct 31, 2021 (Gmt+09:00)
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Batteries
Hyundai, Kia invest in US solid-state battery startup Factorial
Hyundai Motor Co. and Kia Corp. invested in US solid-state battery startup Factorial Energy in a move to secure various technologies for the next-ge...
Oct 29, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
SM Line sees light at the end of the tunnel: SM Group’s Woo
When SM Group, formerly known as Samla Midas Group, took over assets of bankrupt Hanjin Shipping Co., for 37 billion won ($32 million) at the end of...
Oct 27, 2021 (Gmt+09:00)
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Earnings
Hyundai Motor swings to profit in Q3 on Genesis, SUVs
Hyundai Motor Co. South Korea’s top automaker, turned to an operating profit in the third quarter on strong sales of the premium Genesis model...
Oct 26, 2021 (Gmt+09:00)
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Tech, Media & Telecom
LCS Group, Bosung Powertec to form $40 mn fund for telecom tower project
LCS Group Korea, a South Korean corporate set up by the Philippines' LCS Group of Companies, signed a joint venture establishment contract on Oct. 2...
Oct 26, 2021 (Gmt+09:00)
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Batteries
LG Group's No. 2 exec Kwon to head EV battery unit
Kwon Young-soo, the No. 2 leader of South Korea's LG Group, will be appointed as the chief executive officer of LG Energy Solution Ltd. next month, ...
Oct 25, 2021 (Gmt+09:00)
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Automobiles
Hyundai to target Southeast Asia EV market from Indonesia
Hyundai Motor Group chairman Chung Euisun has declared that the world’s fifth-largest carmaker will target the electric vehicle market in Sout...
Oct 25, 2021 (Gmt+09:00)
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Automobiles
Hyundai Mobis develops wheels that turn 90 degrees
Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has developed technology to allow wheels to turn by 90 degrees, aiding in sharper vehi...
Oct 25, 2021 (Gmt+09:00)
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Automobiles
Hyundai’s Genesis GV70 named MotorTrend’s 2022 SUV of the year
Hyundai Motor Co.’s GV70, a sport utility vehicle under the South Korean automaker’s premium sub-brand Genesis, has been named the SUV o...
Oct 21, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Glovis to build hydrogen supply chain with Air Products
Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, agreed to set up a liquid hydrogen supply chain with Air Products, the world’s la...
Oct 19, 2021 (Gmt+09:00)
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Automobiles
Hyundai Motor wins triple crown of world rally championships
South Korea’s Hyundai Motor Co. has won the triple crown of the world’s three motorsport events – the FIA World Rally Championship...
Oct 19, 2021 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia winners in sagging European car market in September
Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, saw their market share in Europe rise to a level never seen before...
Oct 18, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung aims to unveil autonomous ships in 2022
Samsung Heavy Industries Co. last month successfully completed a sea trial of its self-operating vessel technology, which enables two autonomous shi...
Oct 17, 2021 (Gmt+09:00)
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Markets
Samsung shares' underperformance deepens on growth concerns, won
Shares of Samsung Electronics Co., South Korea’s largest stock on the main bourse, are significantly underperforming as analysts slash price t...
Oct 13, 2021 (Gmt+09:00)
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Automobiles
Korean auto shares shine in gloomy stock market
South Korean car shares overcame slides in the country’s stock markets as the automotive chip shortage is showing some signs of easing.Global ...
Oct 13, 2021 (Gmt+09:00)
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Future mobility
Hyundai-led autonomous industry association to launch in October
South Korea’s leading mobility company Hyundai Mobis Co. will be heading the country’s new industry association of autonomous driving ma...
Oct 12, 2021 (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