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The Korea Herald

Automobiles

March 11, 2024
5-minute recharge to drive 300 km: Battery firms eye faster turnaround

At the InterBattery 2024 conference hosted at Coex in southern Seoul last week, South Korea's prime battery companies -- LG Energy Solution, Samsung SDI and SK On -- collectively emphasized ultrafast charging as the critical breakthrough needed to shift the electric vehicle market from its early ad...
March 07, 2024
Hyundai Motor begins trade-in services for EVs

By Kan Hyeong-woo ( hwkan@heraldcorp.com )
March 07, 2024
4 carmakers to recall nearly 70,000 vehicles for faulty parts

Hyundai Motor, BMW Korea and two other carmakers will recall nearly 70,000 vehicles due to faulty components, the transport ministry said Thursday. The four companies, including Kia and Stellantis Korea, are voluntarily recalling a total of 69,044 units of 43 different models, the Ministry of Land...
March 06, 2024
Hyundai Motor, Kia showcase latest electrification tech at EV Trend Korea

Hyundai Motor and Kia, South Korea's leading automakers, said Wednesday they showcased the latest technologies involving their electric vehicles (EV) at the annual EV Trend Korea exhibition held in Seoul. The annual trade show, now in its seventh year, is hosted by the Ministry of Environment to p...
March 04, 2024
[KH Explains] Shipping constraints shackle Korea's auto export boom

Korean automakers are grappling to maintain their export momentum due to a shortage of car carriers to transport them, driven by the increasing volume of Chinese automotive exports and stringent maritime environmental regulations. The scenario has led to an unprecedented rise in the cost of charter...
March 04, 2024
Hyundai Motor introduces revamped Ioniq 5 EV

Hyundai Motor, South Korea's leading automaker, on Monday announced the release of a redesigned version of its Ioniq 5 electric vehicle. The revamped Ioniq 5 features an increased battery capacity, growing from 77.4 kWh to 84.0 kWh, which in turn increases its all-electric range. It can travel up ...
March 04, 2024
InterBattery 2024 to spotlight all-solid-state, affordable batteries

InterBattery 2024, the largest battery industry exhibition in Korea, will take place at the COEX Convention and Exhibition Center in Gangnam-gu, Seoul, from March 6 to 9, attracting 579 companies from 18 countries and nearly 75,000 attendees for a comprehensive showcase of innovation, industry conf...
February 29, 2024
UT to rebrand taxi service to Uber Taxi

UT LLC., a mobility company based in South Korea, said Thursday it will change the name of its taxi-hailing platform service to Uber Taxi from UT. UT is a joint venture created by the US ride-hailing service company Uber Technology Inc. and South Korean mobility firm Tmap Mobility Co. in 2021 as p...
February 28, 2024
Hyundai wins most safety awards in US assessment

“We appreciate the more challenging requirements that the IIHS required in 2024 to earn the TSP and TSP+ awards,” said Latouf. “The changes made to our vehicles to win these tougher awards offer the highest level of protection for our customers and other vulnerable road users. Safety is a top p...
February 28, 2024
Hyundai Motor’s innovation and competition acclaimed

Hyundai Motor Group’s trailblazing electric vehicles have earned rave reviews and charted a path to success under the leadership of Chair Chung Euisun. CNBC, the premier economic news broadcaster in the United States, aired a special feature on Sunday focusing on the factors propelling the Korean...
February 27, 2024
Maserati to set up Korean unit to bolster presence

Italian luxury auto brand Maserati will set up a Korean office on July 1 to strengthen its presence in the local market. Forza Motors Korea, the country’s official importer of Ferrari and Maserati, announced Monday that Maserati’s Korean business will be transferred to the Italian brand’s Korea...
February 26, 2024
Kia’s eco-friendly Niro hits 1 million units sold

Kia's Niro, an eco-friendly sports utility vehicle lineup featuring exclusively green powertrains, has reached a milestone by surpassing 1 million global sales in eight years after its launch, primarily fueled by the popularity of its hybrid model. According to Kia on Sunday, the Niro tallied 1,08...
February 26, 2024
French ambassador visits Renault Korea's Busan plant

French Ambassador Philippe Bertoux visited the Renault Korea Motors plant in Busan on Friday, highlighting the facility's role in the automotive industries of both South Korea and France, and its position within the global Renault Group network. The visit was accompanied by Renault Korea Motors CE...
February 22, 2024
Hyundai, KAIST work on self-driving sensors

Hyundai Motor Group’s automakers -- Hyundai Motor and Kia -- have joined forces with the Korea Advanced Institute of Science and Technology to establish a joint laboratory to develop the next generation of sensors for light detection and ranging, of lidar. According to their announcement Wednesda...
February 21, 2024
[KH Explains] Will BYD redefine EV affordability in Korea?

Even those unfamiliar with the world's largest electric vehicle maker BYD Auto may have noticed their commercial electric buses that have been navigating city streets in Korea since 2017. Now the Chinese automaker, known for its exceptional affordability, is reportedly entering the broader consume...

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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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