cumulative EV sales
Scope
Date
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Automobiles
Hyundai zeroes in on hybrid cars, longer-range EVs
Hyundai Motor Co. will double its hybrid vehicle lineup to 14 models and develop longer-range electric vehicles to overcome a prolonged slowdown or ...
Aug 28, 2024 (Gmt+09:00)
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Automobiles
LG Innotek ups automotive electronics patents for future mobility
South Korea’s electronics parts maker LG Innotek Co. actively increased patents related to its new growth driver automotive electronics while ...
Aug 28, 2024 (Gmt+09:00)
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Batteries
Samsung SDI, GM to build $3.5 bn EV battery plant in US
Samsung SDI Co., the world’s No. 6 battery maker, and General Motors Co., the leading US automaker, are set to build a $3.5 billion cell plant...
Aug 28, 2024 (Gmt+09:00)
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Beauty & Cosmetics
APR, TJX to co-work for Medicube products sale in N.Amerca
South Korea's cosmetic and clothing company APR said on Wednesday it signed a supply contract with TJX Companies, the North America-based global ret...
Aug 28, 2024 (Gmt+09:00)
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Automobiles
Hyundai IONIQ 5 N named Car and Driver's 2024 top EV
South Korea's Hyundai Motor Co. said on Sunday that its high-performance electric vehicle (EV) the IONIQ 5 N was selected as Car and Driver's presti...
Aug 26, 2024 (Gmt+09:00)
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Real estate
Mirae Asset, global investors eye gain from sale of Hanoi skyscraper
South Korea's Mirae Asset Securities Co. and shareholders in the three-building complex Landmark72, which encompasses the second-tallest skyscraper ...
Aug 22, 2024 (Gmt+09:00)
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Batteries
LG Energy looks to battery safety diagnosis software business
LG Energy Solution Ltd., one of the world’s top battery makers, said on Wednesday it is entering the battery safety diagnosis software busines...
Aug 21, 2024 (Gmt+09:00)
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Electric vehicles
After Mercedes Fire, EV Owners Want to Know What Battery They Have
SEOUL—The uproar over a Mercedes-Benz electric vehicle that burst into flames in South Korea this month wasn’t only about fire...
Aug 21, 2024 (Gmt+09:00)
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Bio & Pharma
Yuhan’s lung cancer drug clears FDA hurdle for global debut
A new lung cancer treatment developed by South Korea’s Yuhan Corp. has secured approval from the US Food and Drug Administration (FDA) as a co...
Aug 21, 2024 (Gmt+09:00)
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Electric vehicles
EV firefighting startup Lee Mobility gets seed round
South Korean startup Lee Mobility announced on Tuesday that it got a seed round investment from Bluepoint Partners, a domestic early-stage venture c...
Aug 21, 2024 (Gmt+09:00)
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Aerospace & Defense
KAI, TAI ink deal to boost T-50TH support
Korea Aerospace Industries Ltd. (KAI) signed a memorandum of understanding (MOU) with Thai Aviation Industries (TAI), Thailand's state-owned aircraf...
Aug 20, 2024 (Gmt+09:00)
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Electronics
Samsung Electronics tops global TV sales in H1
Samsung Electronics Co. maintained its top position in the global TV market in the first half of this year, bolstered by robust sales of its newly i...
Aug 20, 2024 (Gmt+09:00)
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Corporate strategy
SK seeks sale of specialty gas unit for around $3 bn
SK Group, the second-largest conglomerate in South Korea, is considering selling global leading specialty gas producer SK Specialty Co. for around 4...
Aug 19, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Tighter emissions rules boost HD Hyundai Marine margin
HD Hyundai Marine Solution Co., a ship parts manufacturing and after-sales service company, has reported the highest-ever operating profit margin in...
Aug 19, 2024 (Gmt+09:00)
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Electronics
LG Electronics' Indian unit logs highest first-half sales
LG Electronics Inc., the world’s largest home appliances maker, raked in more than 2 trillion won ($1.5 billion) in first-half sales in India ...
Aug 18, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix’s turnaround gains traction from US, China
SK Hynix Inc., the world’s No. 2 memory chipmaker, has made a significant business turnaround in the US and China, which made up 80% of its sa...
Aug 18, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia to apply BMS to all EVs for fire prevention
Hyundai Motor Group, the world’s third-largest automaker, plans to install its battery management system (BMS) in all its electric vehicles to...
Aug 16, 2024 (Gmt+09:00)
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Electric vehicles
Fire-plagued Mercedes uses Chinese cells for most EVs in S.Korea
Mercedes-Benz AG, a German luxury carmaker hit by an electric vehicle fire in South Korea, said most of its EV models in the country are equipped wi...
Aug 14, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai to develop EREV powertrain for electric pickup, Santa Fe, GV70
South Korea’s top automaker Hyundai Motor Group is developing a next-generation powertrain, known as a range extender, for pickup trucks and s...
Aug 13, 2024 (Gmt+09:00)
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Earnings
Food giant CJ CheilJedang's profits rise for 3rd straight quarter
South Korean food giant CJ CheilJedang Corp.'s quarterly operating profit increased for the third consecutive quarter, reversing a decline in the th...
Aug 13, 2024 (Gmt+09:00)
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Electric vehicles
Mercedes, BMW, Audi, VW offer deep discounts amid EV phobia in Korea
Imported vehicle dealers in South Korea are offering deep price cuts amid the growing electric vehicle phobia following a Mercedes-Benz EV blaze tha...
Aug 12, 2024 (Gmt+09:00)
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Companies
S.Korea's top three tire makers sell 45 mn units in H1 2024
South Korean tire manufacturers have nearly reached sales of 45 million units in the global market during the first half of this year, the Korea Tir...
Aug 12, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Carlyle, Keppel, IMM stay in final race for Ecorbit
Carlyle Group, a union of Hong Kong-based Keppel Corp. and Gaw Capital Partners and a consortium of IMM Investment and IMM Private Equity are the th...
Aug 09, 2024 (Gmt+09:00)
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Real estate
IGIS puts NPS-backed building in Seoul on sale for $294 mn
IGIS Asset Management Co., one of Asia's largest real estate investment firms, is seeking to sell a building backed by South Korea’s National ...
Aug 09, 2024 (Gmt+09:00)
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Electric vehicles
Half of EV imports in Korea run on Chinese batteries as EV fires rise
Of 58 electric vehicle models running on the streets of South Korea, 22 models are equipped with Chinese batteries, a survey showed on Friday.Accord...
Aug 09, 2024 (Gmt+09:00)
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Korean food
Samyang Roundsquare holds 'Buldak Ferry Party' in Denmark
Samyang Roundsquare, formerly known as Samyang Foods Group in South Korea, announced on Friday that it held a consumer event called the "Buldak Spic...
Aug 09, 2024 (Gmt+09:00)
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Future mobility
Electrification, Hyundai Mobis’ growth engine for future mobility
Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mob...
Aug 09, 2024 (Gmt+09:00)
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Electronics
LG ramps up European HVAC marketing with new Therma V model
LG Electronics Inc., a leading South Korean home appliance maker, is strengthening efforts to enhance its presence in Europe’s heating, ventil...
Aug 08, 2024 (Gmt+09:00)
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Chemical Industry
Gas maker Air Products Korea put on sale for around $3.6 bn
US industrial gas maker Air Products and Chemicals Inc. has put its South Korean unit up for sale for an estimated 5 trillion won ($3.6 billion), in...
Aug 07, 2024 (Gmt+09:00)
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Economy
S.Korea’s current account at near 7-year high on strong chip exports
South Korea reported its biggest monthly current account surplus in six years and nine months thanks to robust exports of semiconductors. But the gr...
Aug 07, 2024 (Gmt+09:00)