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The Korea Herald

Automobiles

April 25, 2024
Hyundai Motor chief vows to foster India as automaker's global export hub

The chief of Hyundai Motor Group recently visited India and laid out a vision to bolster its operations there to utilize the country as a key export hub for the South Korean automaker, the group said Thursday. Chung Euisun, Hyundai Motor Group's executive chair, visited the group's Indian headquar...
April 24, 2024
Hyundai unveils versatile commercial EV platform

Hyundai has focused significantly on the sensory experience within the cabin, integrating high-strength subframe members, comprehensive sound-absorbing materials, and double-laminated acoustic glass to ensure a tranquil environment. Advanced features such as a hydraulic rebound stopper (HRS) and ra...
April 24, 2024
Hyundai Motor launches ST1 commercial delivery model

Hyundai Motor said Wednesday it has launched a new commercial electric delivery vehicle model with expanded functionality that can be tailored to various business services and solutions. The ST1 has been released in two variants -- the ST1 Cargo and ST1 Cargo Refrigerated -- and can be expanded in...
April 22, 2024
BMW’s unveils new Korean R&D center

By Moon Joon-hyun ( mjh@heraldcorp.com ) The Korea Herald
April 22, 2024
Hyundai Motor to power US EV plant with renewable energy

Hyundai Motor Group has inked a 147-megawatt power purchase agreement with Matrix Renewables, a Spanish renewable energy company, to power its electric vehicle plant currently under construction in the state of Georgia, the Korean auto conglomerate said Monday. According to Hyundai Motor, the deal...
April 22, 2024
BMW opens upgraded research center in Incheon

BMW Group Korea on Monday opened its renewed research and development (R&D) center in South Korea equipped with cutting-edge automobile testing equipment, as the German auto giant tries to expand its presence in the country's fast growing imported car market. The company held an opening ceremony f...
April 22, 2024
Hyundai Motor signs 174-megawatt renewable energy deal for US EV plant

Hyundai Motor Group said Monday it has signed a 174- megawatt power purchase agreement (PPA) with a solar energy project led by Spain's Matrix Renewables to power its envisioned electric vehicle (EV) plant in the United States with renewable energy. The 15-year PPA with the Matrix Renewables-led S...
April 22, 2024
[Test Drive] Honda’s hybrid tech mixes best of engine, motor

The driving experiences on the Honda CR-V Hybrid 4WD Touring and Honda Accord Touring included urban streets, highways and winding roads. The former, a sports utility vehicle, and the latter, a sedan, offered pretty similar experiences throughout the test ride. Both vehicles offered comfortable dr...
April 19, 2024
Polestar 4 to make Korean debut in June

Swedish electric vehicle maker Polestar will launch the Polestar 4, an all-electric coupe-style sports utility vehicle, in June, the carmaker’s Korean office said Friday. “The Polestar 4 is an all-around premium EV that has an outstanding commercial value in many aspects ranging from design, per...
April 19, 2024
Swedish EV firm to launch Polestar 4 in S. Korea in June

Swedish premium electric carmaker Polestar said Friday it will launch the Polestar 4 SUV coupe in South Korea in June to gain a share in the local electric vehicle market. The coupe-like Polestar 4 SUV is the Swedish EV maker's second model to be sold in Korea after the Polestar 2, which was launc...
April 18, 2024
Hyundai Motor, Toray join hands for material innovation in mobility

Hyundai Motor Group has signed a strategic partnership agreement with Japanese material manufacturer Toray Industries to enhance materials technology for vehicles, officials announced Thursday. Under the partnership, the two sides will work together to develop lightweight and high-strength materia...
April 18, 2024
[KH Explains] Hyundai's full hybrid edge to pay off in slow EV transition

Traditionally dominated by Japanese manufacturers like Toyota and Honda, the hybrid vehicle sector is now seeing renewed interest from global automakers looking to improve profitability among slowing electric sales. Among them, Hyundai Motor Group stands out as one of the few key competitors with ...
April 18, 2024
Hyundai Motor, Toray forge strategic partnership for mobility materials

Hyundai Motor Group said Thursday it has forged a strategic partnership with Japanese chemical giant Toray Group to use carbon fiber and other innovative new materials in future mobility products. Under the agreement, Hyundai Motor and Toray plan to jointly develop carbon fiber-reinforced plastic ...
April 16, 2024
Renault Korea revisits evolution of lozenge emblem

A Renault Korea spokesperson stated, “The lozenge emblem has continually evolved to symbolize the innovation and pursuit of excellence that defines Renault. It’s great to bring this updated symbol to Korea, where it will help communicate the modernity of our brand.” By Moon Joon-hyun ( mjh@her...
April 15, 2024
BMW purchases over $4.7b Korea-made parts in 2023

BMW Group Korea said on Monday that in 2023, BMW Group’s global spending on parts sourced from Korean suppliers totaled approximately 6.53 trillion won ($4.72 billion), surpassing its own sales figures within the country for that year. The global group’s procurement from Korean suppliers increas...

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Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
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