niro 2024 ev
Scope
Date
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Electric vehicles
POSCO International wins green car parts orders from US, Europe
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is accelerating i...
Dec 06, 2023 (Gmt+09:00)
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Automobiles
Genesis GV60 named best SUV in China
Hyundai Motor Co.'s premium brand Genesis announced on Wednesday that its luxury mid-sized electric sports utility vehicle (SUV) GV60 was selected a...
Dec 06, 2023 (Gmt+09:00)
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Economy
Semiconductor export recovery powers S.Koreans’ income in Q3
A recovery in semiconductor exports led an increase in South Koreans’ income in the third quarter, although the earnings growth momentum may n...
Dec 06, 2023 (Gmt+09:00)
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Bio & Pharma
Access Bio opens second plant in New Jersey
The US-based in-vitro diagnostic device company Access Bio Inc. announced on Monday that it opened its second factory in Monroe Township, New Jersey...
Dec 04, 2023 (Gmt+09:00)
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Fashion
Hyungji Elite selected as official partner of FC Barcelona
South Korea’s school and corporate uniform company Hyungji Elite announced on Monday that it was selected as the official partner of FC Barc...
Dec 04, 2023 (Gmt+09:00)
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Batteries
GM asks LG Energy to share huge portion of US EV tax benefits
General Motor Co., the leading US automaker, has asked LG Energy Solution Ltd., the world’s second-largest electric vehicle battery manufactur...
Nov 30, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix expect high 2024 profits as memory market returns
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, expect to post decent chip profits next year as DRAM pri...
Nov 30, 2023 (Gmt+09:00)
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Central bank
BOK chief says rates need to stay high for over 6 months
South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...
Nov 30, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion Healthcare's Remsima SC to be launched in US in 2024
Celltrion Healthcare Co. announced on Thursday that its autoimmune disease treatment Zymfentra (the US product name for Remsima SC) is set to be lau...
Nov 30, 2023 (Gmt+09:00)
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Future mobility
Hyundai Motor’s Uniwheel offers new paradigm for future mobility
Mobility has evolved at an incredible pace over the years. But there’s one thing that hardly changes – the configuration of the drivetra...
Nov 28, 2023 (Gmt+09:00)
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Batteries
Lotte Chem develops tech to improve EV battery durability
Lotte Chemical Corp. said on Tuesday it has developed a technology to improve the durability of electric vehicle cell materials by enhancing the sta...
Nov 28, 2023 (Gmt+09:00)
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Batteries
Sodium-ion batteries emerge as alternative to lithium, LFP batteries
Sodium-ion batteries (SIBs) are emerging as an alternative to lithium-ion batteries, currently dominating the rechargeable battery market for electr...
Nov 27, 2023 (Gmt+09:00)
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Automobiles
Car sales may sputter in 2024 amid EV policy risk: Research
The global automobile market is on track to recover to pre-pandemic levels this year and is expected to grow at a moderate pace amid a prolonged eco...
Nov 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver to launch global version of Whale browser in Q1 2024
Naver Cloud, the infrastructure subsidiary of South Korea’s online giant Naver Corp., plans to launch a global version of its Whale browser in...
Nov 26, 2023 (Gmt+09:00)
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Batteries
Hyundai to build EV battery pack plant in India by 2025
South Korea’s top automaker Hyundai Motor Co. is set to invest 7 billion rupees ($84 million) to build an electric vehicle battery pack assemb...
Nov 22, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to launch low-power, high-speed AI chips in 2024
Samsung Electronics Co. will launch low latency wide (LLW) DRAMs next year, designed to improve the power efficiency of artificial intelligence appl...
Nov 21, 2023 (Gmt+09:00)
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Batteries
LG Energy may produce mid-nickel EV batteries from 2024
South Korea’s LG Energy Solution Ltd. plans to mass-produce mid-nickel, high-voltage lithium batteries as early as next year, one year ahead o...
Nov 20, 2023 (Gmt+09:00)
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The KED View
Beware political risk, No.1 factor in Korea Discount
Corporate governance and management transparency have long been the big issues influencing the so-called Korea Discount, alongside labor strife and ...
Nov 20, 2023 (Gmt+09:00)
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Retail
Japanese furniture brand Nitori to open first store in Korea
Nitori Co., dubbed Japan's IKEA, is slated to open its first store in South Korea next week, accelerating its Asia-centered expansion push, while su...
Nov 17, 2023 (Gmt+09:00)
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Batteries
Trafigura to invest in S.Korea’s EV cell materials maker
Trafigura, a major global commodity trader, is set to invest in a South Korean electric vehicle battery raw materials manufacturer to take advantage...
Nov 17, 2023 (Gmt+09:00)
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Automobiles
KG Mobility seeks to expand into Vietnam
South Korean automaker KG Mobility Corp. said on Friday it had sought to expand strategic cooperation, including entering the Vietnamese market, aft...
Nov 17, 2023 (Gmt+09:00)
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Asset management
Investors roundtable: Watch out for a possible recession
Investors should carefully watch out for the probability of recession and how it will impact asset allocation strategies next year, experts said at ...
Nov 16, 2023 (Gmt+09:00)
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Artificial intelligence
Nvidia challenger Sapeon unveils new AI chip for data centers
Sapeon Inc., a semiconductor startup backed by South Korea’s second-largest conglomerate SK Group, on Thursday unveiled a new artificial intel...
Nov 16, 2023 (Gmt+09:00)
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Electric vehicles
LG Elec to venture into US EV charger market in 2024
South Korea’s LG Electronics Inc. is readying to enter the US electric vehicle charger market with the launch of EV chargers in the first half...
Nov 16, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharm gears up to boost epilepsy drug sales in Europe
SK Biopharmaceuticals Co. is gearing up to explore the European market for its flagship epilepsy drug Cenobamate, while looking for new mergers and ...
Nov 16, 2023 (Gmt+09:00)
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Batteries
SK On, BASF tie up for EV battery materials business
SK On Co., the world’s fifth-largest electric vehicle battery maker, and BASF SE, a major global cell materials producer, joined forces for th...
Nov 15, 2023 (Gmt+09:00)
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Food & Beverage
Diageo to open Asia’s first pop-up store in Seoul
London-based global alcoholic beverage company Diageo announced on Wednesday it will open a pop-up store in Garosu-gil, Sinsa-dong, Gangnam, S...
Nov 15, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK pin hopes on HBM sales with Nvidia's new AI chip
South Korean memory chipmakers like Samsung Electronics Co. and SK Hynix Inc. have high hopes for fast growth in their high-bandwidth memory (HBM) s...
Nov 14, 2023 (Gmt+09:00)
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Batteries
Korean battery makers’ broad restructuring hits US
SK On Co., South Korea’s No. 3 battery maker, has decided to furlough employees at one of its US battery factories in the state of Georgia to ...
Nov 14, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai breaks ground on $1.5 bn EV plant in S.Korea
ULSAN -- Hyundai Motor Co., the world’s third-largest automaker along with its affiliate Kia Corp., on Monday broke ground for a dedicated ele...
Nov 13, 2023 (Gmt+09:00)
Latest News
- 1 NPS-backed new prime office struggles with poor demand
- 2 Affinity-backed SSG.COM offers first voluntary redundancy
- 3 Lotte to cut basic chemicals in portfolios for profitability
- 4 Young rich Koreans: Financially literate, self-directing
- 5 LG Elec logs record Q2 profit on home appliances, car parts