electric vehicle(EV)
Scope
Date
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Batteries
Korean battery players LG, Samsung, SK sweep US EV tax credits
It has long been talked about and finally confirmed: South Korean battery companies are well-placed to benefit from the strengthened requirements of...
Apr 19, 2023 (Gmt+09:00)
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Advertising & Marketing
Innocean to cooperate domestic EV charging company for marketing
Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Wednesday that it has signed a memorandum of understanding (MOU) with EV...
Apr 19, 2023 (Gmt+09:00)
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Batteries
LG Chairman to refine strategy for EV battery production
Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, visited a cathode plant on Monday to review supply chains for the batt...
Apr 18, 2023 (Gmt+09:00)
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Korean chipmakers
Seoul Semiconductor's Sunlike LED is installed in Volvo's new EV
Seoul Semiconductor Co. Ltd., a South Korean LED light manufacturer, announced on Tuesday that Volvo's new electric sports utility vehicle (SUV) EX9...
Apr 18, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis develops world’s first rollable vehicle display
Hyundai Mobis Co., the world’s sixth largest automotive components supplier, has developed a rollable vehicle display, the first of its kind i...
Apr 17, 2023 (Gmt+09:00)
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Electronics
LS Electric to display smart energy solutions in Germany
LS Electric Co., South Korean manufacturer of power and industrial automation equipment, announced on Monday that it will participate in the Hannove...
Apr 17, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia surpass 100,000 global EV sales in Q1
Hyundai Motor Group's electric vehicle (EV) sales have exceeded 100,000 units in the first quarter of this year, driven by the strong sales of its f...
Apr 17, 2023 (Gmt+09:00)
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Carbon neutrality
SK Siltron gets 20% of electricity from renewable energy
South Korea’s SK Siltron on Sunday said it procured 19.5% of the electricity it used last year from renewable energy. “In 2020, we were...
Apr 17, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia to provide official ceremonial vehicles for ADB Annual Meeting
Hyundai Motor Co. and Kia Corp. announced on Friday that they will support the official ceremonial vehicles for the Asian Development Bank (ADB) Ann...
Apr 14, 2023 (Gmt+09:00)
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Electric vehicles
Indonesia’s slashed EV tax to boost Hyundai’s IONIQ 5 sales
South Korea’s top automaker Hyundai Motor Co. is expected to enhance its presence in Indonesia, which has drastically reduced its value-added ...
Apr 13, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire's iON brand wins Red Dot Design Award
South Korean tire maker Hankook Tire & Technology said on Thursday that its electric vehicle (EV) exclusive tire brand, "iON," has secured four ...
Apr 13, 2023 (Gmt+09:00)
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Automobiles
Hyundai launches second-generation Kona EV, 417km on a single charge
Hyundai Motor Co. announced on Thursday that it launches the second-generation Kona EV, also known as the The All-New Kona Electric.The Kona Electri...
Apr 13, 2023 (Gmt+09:00)
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Electric vehicles
Tesla Korea’s profit, sales fall on new subsidy plans, lack of models
Tesla Inc.’s South Korean business has been worsening in recent months due to the lack of new models launched in the country amid Seoul’...
Apr 12, 2023 (Gmt+09:00)
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Electric vehicles
POSCO, Honda to cooperate in EV material business
South Korea's POSCO Group and Japan's Honda Motor signed a comprehensive memorandum of understanding (MOU) on Tuesday to expand cooperation in the e...
Apr 12, 2023 (Gmt+09:00)
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Batteries
LS Group' corporate value soars as EV battery market grows
LS Corp., a holding company of South Korea's LS Group, has seen its enterprise value swell by nearly 1 trillion won ($760 million) over the past yea...
Apr 11, 2023 (Gmt+09:00)
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Automobiles
Hyundai to spend $18 bn on EVs; Kia breaks ground on first PBV plant
South Korea’s largest automaker Hyundai Motor Group has unveiled its 2030 vision to become one of the world’s top three electric vehicle...
Apr 11, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire's iON evo tops Auto Bild's electric car tire test
Korean tire manufacturer Hankook Tire & Technology announced on Friday that its electric vehicle-dedicated high-performance tire, the iON evo, h...
Apr 07, 2023 (Gmt+09:00)
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Batteries
Korea's electric battery maker SK On predicts 'tangible results' from 2024
"Despite many difficulties early on, we can see tangible results from next year if we overcome such challenges.”Chey Jae-won, CEO and executiv...
Apr 07, 2023 (Gmt+09:00)
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Automobiles
Kia plans 'game changer' EV9 launch in US by 4th quarter
South Korean carmaker Kia Corp. on Thursday said it unveiled on Wednesday in New York its large electric sport-utility vehicle EV9 for the first tim...
Apr 06, 2023 (Gmt+09:00)
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Korean chipmakers
S.Korean Openedges’ chip IP licensed by Toyota affiliate Aisin
Openedges Technology, South Korean semiconductor design intellectual property (IP) platform, announced on Wednesday that it has entered into a vehic...
Apr 05, 2023 (Gmt+09:00)
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Automobiles
KG Mobility focuses on electric vehicle platform, self-driving tech
South Korea's KG Mobility (formerly Ssangyong Motor Co.) says it will actively target not only Europe and the US but also niche markets in emerging ...
Apr 05, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea to focus on secondary batteries, lunar landing vehicles
The Korean government has decided to develop electric vehicle batteries that can travel more than 600 km on a single charge and lunar landing vehicl...
Apr 04, 2023 (Gmt+09:00)
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Batteries
LS Electric wins order $94 mn for energy storage system in UK
LS Electric Co. announced on Tuesday that it has secured a contract for a £73.6 million ($93.5 million) energy storage system (ESS) project in...
Apr 04, 2023 (Gmt+09:00)
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Automobiles
Hyundai’s Chung urges US operations to double down after record Q1
Hyundai Motor Group Chairman Chung Euisun on Tuesday urged its US operations to work harder after its two automaking units, Hyundai Motor Co. and Ki...
Apr 04, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Daewoo Shipbuilding, GE Power Conversion to develop smart ship tech
South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) on Tuesday said it signed a memorandum of understanding with the global energy...
Apr 04, 2023 (Gmt+09:00)
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The KED View
Time for South Korea's answer to the US battery subsidy act
The latest guidelines on US subsidies for electric vehicles under the Inflation Reduction Act come as a relief in every sense to South Korean batter...
Apr 04, 2023 (Gmt+09:00)
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Batteries
LG Energy tops global EV battery market excluding China
South Korea's LG Energy Solution Ltd. in January and February maintained its No. 1 position on the global market for electric vehicle (EV) batteries...
Apr 03, 2023 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem closes in on $190 million armored vehicle deal with Peru
Hyundai Rotem Co., a South Korean defense equipment maker, is closing in on a contract to export advanced armored vehicles to Peru – a deal th...
Apr 03, 2023 (Gmt+09:00)
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Hydrogen economy
Doosan Mobility Innovation, MIT to develop hydrogen motorcycle
South Korea's Doosan Mobility Innovation (DMI), a hydrogen fuel cell-making subsidiary of Doosan Corp., on Thursday announced a partnership with the...
Mar 31, 2023 (Gmt+09:00)
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Electric vehicles
Kia EV9 boasts 336-mile target range in digital world premiere
Kia Corp.’s second all-electric sport utility vehicle EV9 made its global premiere virtually on Tuesday, boasting a target driving range of 54...
Mar 29, 2023 (Gmt+09:00)