pure car and truck carriers
Scope
Date
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Airlines
Number of travelers on S.Korea's LCCs jumped 104-fold in Q1
Demand for overseas flights in South Korea has exploded since the resumption of air travel operations amid the substantial easing of COVID-19 restri...
Apr 25, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis test-drives 'crab walking car' on public roads
South Korea's Hyundai Mobis has verified through test-drives of a demonstration vehicle on public roads the real-life use of the company's e-corner ...
Apr 24, 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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Automobiles
Hyundai Motor, Kia aim to expand in China through Shanghai Auto Show
Hyundai Motor Co. and Kia Corp., both struggling in China, are aiming for a turnaround there by introducing over 30 new vehicles including those tai...
Apr 17, 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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Shipping & Shipbuilding
KSOE wins order $171 mn for two crude oil carriers
Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding intermediate holding company of South Korea's HD Hyundai Group, announced on Th...
Apr 13, 2023 (Gmt+09:00)
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Airlines
S.Korea's airlines boosting staff amid recovering demand for overseas travel
South Korea's airlines are opening their hiring doors wide open with the resumption of international flights amid demand for overseas travel recover...
Apr 13, 2023 (Gmt+09:00)
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Airlines
S.Korean low-cost carriers keep expanding routes to SE Asia
South Korean low-cost airlines have started expanding their flight routes. It is based on the expectation that there will be a significant incre...
Apr 10, 2023 (Gmt+09:00)
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Hydrogen economy
SK Energy opens S.Korea's first hydrogen charging station for large trucks
SK Energy is the first company in South Korea to launch a station for charging large hydrogen-powered trucks. The company on Sunday said it held a c...
Apr 10, 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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Bio & Pharma
Verismo's CAR-T therapy designated fast-track status by FDA
Verismo Therapeutics, a US affiliate of South Korean pharmaceutical firm HLB Co., has received fast-track designation from the US Food and Drug Admi...
Apr 07, 2023 (Gmt+09:00)
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Automobiles
S.Korea to invest $24 mn in fostering future car industry workforce
South Korea will invest 31.5 billion won ($23.96 million) this year to train over 3,700 core personnel in future car technologies, including autonom...
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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Automobiles
Hyundai Motor to emerge as Korea’s highest earner, beating Samsung
Hyundai Motor Co. will likely emerge as South Korea’s top profit maker in the first quarter, driven by robust sales of pricey cars, pushing pa...
Apr 03, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy wins order $512 mn for two LNG carriers
South Korea's shipbuilder Samsung Heavy Industries announced on Monday that it had won a contract worth 674.5 billion won ($512.3 million) to build ...
Apr 03, 2023 (Gmt+09:00)
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Automobiles
KG Mobility expands into Southeast Asia with Futa Group partnership
KG Mobility, previously known as Ssangyong Motor Co., announced on Friday its alliance with Vietnam's Kim Long Motor, a subsidiary of the Futa Group...
Mar 31, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Mipo wins $184 mn order four mid-sized PC carriers
Hyundai Mipo Dockyard Co., a subsidiary of HD Hyundai Group's shipbuilding division, has secured a construction contract for four medium-sized PC (p...
Mar 31, 2023 (Gmt+09:00)
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Automobiles
S.Korea's auto industry faces shortage of skilled workers for future cars
South Korea's automobile industry is rapidly transitioning toward the future such as environmentally friendly and smart cars, but the sector is faci...
Mar 31, 2023 (Gmt+09:00)
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Automobiles
Hyundai debuts possible final Sonata, Tesla joins 1st time: Seoul auto show
Hyundai Motor Co. may consider discontinuing its steady seller Sonata sedan after the latest edition's release, the company’s chief hinted at ...
Mar 30, 2023 (Gmt+09:00)
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Electronics
LG Innotek unveils new 5G communication module for self-driving cars
South Korea’s LG Innotek Co. on Wednesday unveiled its second-generation 5G communication module for use in autonomous driving cars.Based on Q...
Mar 29, 2023 (Gmt+09:00)
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Machinery
Hyundai Rotem signs high-speed rail car deal with Korail
Hyundai Rotem Co., a company under the Hyundai Motor Co. Group that specializes in manufacturing rolling stock, defense products and plant equipment...
Mar 28, 2023 (Gmt+09:00)
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Automobiles
Ssangyong Motor changes name to KG Mobility
South Korea’s Ssangyong Motor Co., whose new owner is KG Group, has renamed itself KG Mobility, its first name change in 35 years.With its new...
Mar 23, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korea's KSOE lands $240 mn order for LPG carriers
Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding intermediate holding company of South Korea's HD Hyundai Group, said on Monday ...
Mar 21, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy partners with Kongsberg Maritime for autonomous ships
Samsung Heavy Industries, one of the world’s largest shipbuilders, has signed a joint development agreement with Kongsberg Maritime AS, a Norw...
Mar 20, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis develops in-wheel electric motor
Hyundai Mobis, South Korea's largest auto parts manufacturer, announced on Sunday that it developed an "in-wheel system" that places an electric mot...
Mar 20, 2023 (Gmt+09:00)
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Business & Politics
Korean Chips Act set to pass parliament in March; coverage expanded
South Korea’s answer to the US CHIPS and Science Act is on course for National Assembly approval by the end of this month as the ruling and op...
Mar 17, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea's budget carriers seek expansion via more overseas flights
South Korea's budget carrier Jeju Air Co. on Thursday announced the resumption of flights connecting Incheon to the Vietnamese cities of Ho Chi Minh...
Mar 17, 2023 (Gmt+09:00)
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Electric vehicles
Kia unveils flagship EV9 design; world premiere in March
Kia Corp. on Wednesday showcased its large flagship electric sport utility vehicle EV9 as the No. 2 South Korean carmaker is extending its EV lineup...
Mar 15, 2023 (Gmt+09:00)
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Future mobility
SK sells US car-sharing firm Turo stake to earn over $32 mn
South Korea’s second-largest conglomerate SK Group exited from Turo, the US top peer-to-peer car-sharing company, to make an estimated return ...
Mar 15, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Daewoo Shipbuilding lands record LNG carrier deal from Greece
Daewoo Shipbuilding & Marine Engineering Co., one of the world’s largest shipbuilders, secured a $512 million contract to build two ...
Mar 15, 2023 (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