flexible fuel vehicles
Scope
Date
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Aerospace & Defense
Hanwha Defense to supply howitzers to Australia in $788 mn deal
South Korea’s Hanwha Defense Co. inked a $788 million deal to supply K9 self-propelled howitzers to Australia, marking its first sale of the s...
Dec 13, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Kakao buys startup Grip, fueling e-commerce push
South Korea's Kakao Corp. has acquired a live streaming e-commerce app Grip Co. to beef up its online shopping business, considered the weakest spot...
Dec 02, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung’s new auto chip mounted in Volkswagen’s infotainment system
Samsung Electronics Co. is supplying one of its latest advanced chips to Volkswagen AG for the German carmaker’s in-vehicle infotainment syste...
Nov 30, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Samsung to adopt flatter hierarchy to lure young talent
Samsung Electronics Co. on Monday announced a set of drastic steps to reduce bureaucracy and hierarchical management at the world's top memory chip ...
Nov 29, 2021 (Gmt+09:00)
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Advertising & Marketing
Hyundai’s IONIQ 5, Tucson to hit big screen in Spider-Man: No Way Home
Hyundai Motor Co.'s all-electric IONIQ 5 SUV and the flagship SUV Tucson will be featured in Sony Pictures’ upcoming film Spider-Man: No Way Hom...
Nov 23, 2021 (Gmt+09:00)
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Electric vehicles
Robots, AI replace human workers at Kia’s EV6 manufacturing factory
Kia Corp., South Korea’s second-largest automaker, has unveiled the automated manufacturing process at its smart factory for the EV6, its firs...
Nov 22, 2021 (Gmt+09:00)
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Alternative investments
EQT doubles down on sustainability and digitalization to fuel returns
With higher energy prices, creeping inflation and strained supply chains just a few of the headwinds to future economic growth, investors may find i...
Nov 17, 2021 (Gmt+09:00)
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Automobiles
Korean auto parts makers call for govt financial support
Representatives of South Korean auto parts makers on Friday called on the government to increase their financial support of the sector, including ta...
Nov 12, 2021 (Gmt+09:00)
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Batteries
LG Energy Solution to supply batteries to US fuel cell truck maker Nikola
LG Energy Solution Ltd., a leading South Korean battery maker, has signed a deal to supply batteries to Nikola Corp., a US hydrogen fuel cell electr...
Nov 05, 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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Economy
Inflation in Korea nears decade high, fuels fears of more rate hikes
South Korea’s consumer inflation accelerated to a near-10-year high in October, while exports reported an eighth straight month of double-digi...
Nov 02, 2021 (Gmt+09:00)
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ASK 2021
NPS to up strategic partnerships with global institutions
The National Pension Service (NPS) will increase strategic investments with leading global institutional investors to boost overseas alternative inv...
Oct 28, 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
GM says it will recover $1.9 billion of Bolt-recall costs from LG
General Motors Co. said it would recover from supplier LG Electronics Inc. nearly all of the $2 billion cost of recalling Chevrolet B...
Oct 13, 2021 (Gmt+09:00)
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Hydrogen economy
S.Korea sees tenfold rise in hydrogen fuel use by 2030
South Korea will sharply increase the adoption of hydrogen as a fuel of transportation, industrial plants and power generators to become the world's...
Oct 07, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Mobis breaks ground on $1.1 bn hydrogen fuel cell plants
Hyundai Mobis Co., the auto parts unit of Hyundai Motor Group, on Thursday broke ground on a hydrogen fuel cell plant, part of its 1.32 trillion won...
Oct 07, 2021 (Gmt+09:00)
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Hydrogen economy
SK, Plug Power launch JV to grab Asia’s hydrogen fuel cell market
SK Group’s city gas supplier SK E&S Co. said on Oct. 6 that it has officially kicked off the joint venture (JV) with the American hydrogen...
Oct 06, 2021 (Gmt+09:00)
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Automobiles
LG Elec to start automotive cybersecurity business
South Korea’s LG Electronics Inc. is about to start automotive security business, expanding its car electronics technology portfolio by taking...
Sep 23, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor to start hydrogen popularization in 2040
Hyundai Motor Group, the world’s fifth-largest automaker, declared to make 2040 the first year of hydrogen energy popularizationThe group was ...
Sep 22, 2021 (Gmt+09:00)
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Alternative investments
KB Fin, Shinhan invest in Sweden's wind farm via joint fund
South Korea's two banking giants -- KB Financial Group and Shinhan Financial Group -- have invested a combined 80 billion won ($68 million) in a win...
Sep 17, 2021 (Gmt+09:00)
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Automobiles
Volvo unveils new XC60 with SKT in-vehicle infotainment
An artificial intelligence personal assistant sets up a destination for a GPS navigation. The AI assistant texts others the estimated arrival time...
Sep 14, 2021 (Gmt+09:00)
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Energy
Korea refiners' recovery accelerates on strong margins
South Korean refiners are gathering recovery momentum as refining margins hit a two-year high on falling petroleum product supply from China and r...
Sep 13, 2021 (Gmt+09:00)
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Energy
US, Korea approve nuclear fuel recycle technology
Authoritie of the United States and South Korea officially endorsed the results of a joint research on Pyro-SFR, a cutting-edge technology that re...
Sep 02, 2021 (Gmt+09:00)
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Aerospace & Defense
Kolon enters private space business with composite materials
Kolon will be the next major South Korean business group to join the race in the fast-growing space sector by developing and making light composite ...
Aug 27, 2021 (Gmt+09:00)
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Hydrogen economy
Korea’s hydrogen council to launch Sept. 8; Hyundai to unveil new tech
The South Korean version of the Hydrogen Council, a global CEO-led initiative to harness the clean energy source, will officially launch on Sept. 8 ...
Aug 26, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Oilbank to make hydrogen fuel cell components from 2023
Hyundai Oilbank Co. will enter the hydrogen fuel cell components market by building separator production plants within this year with commercializat...
Aug 26, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Mobis to invest $1.1 bn to make hydrogen fuel cells
Hyundai Motor Group’s long-term ambition to create a full-fledged hydrogen value chain, from fuel cell production to hydrogen-powered logist...
Aug 20, 2021 (Gmt+09:00)
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Carbon neutrality
Samsung Heavy wins approval for ammonia-ready ship design
Samsung Heavy Industries obtained a certificate for its basic design to revamp a liquefied natural gas (LNG) or diesel-powered crude tanker into an ...
Aug 19, 2021 (Gmt+09:00)
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Energy
SK E&S gears up for more US renewable energy investment'
SK E&S Co, South Korea’s top city gas supplier, is preparing for additional investment in the US renewable energy sector. The move is to e...
Aug 19, 2021 (Gmt+09:00)
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Hydrogen economy
Hydrogen tank maker Iljin Hysolus to make Kospi debut Sept. 3
South Korea’s leading hydrogen tank maker Iljin Hysolus Co. will be listed on Kospi on Sept. 3, according to the company’s IPO briefing ...
Aug 19, 2021 (Gmt+09:00)