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South Korea's Hyundai Motor Group has initiated a project aimed at significantly boosting the local production and procurement of automotive semiconductors from early this year, according to industry sources on Friday. Challenges stemming from the auto group's heavy reliance on international suppl...
The South Korean government is carrying out a strategy to boost the price competitiveness of electric vehicles from domestic automakers with a revised EV subsidy policy for this year. It is seen as a response to aggressive pricing strategies of Chinese automakers and models equipped with Chinese b...
Hyundai Motor Group has once again moved up the launch of its new US plant solely dedicated to producing electric vehicles to October this year, three months ahead of its current schedule, to enhance its readiness to toughened subsidy rules. "We're pulling ahead because everybody knows how importa...
Daewoo E&C chair honored in India for boosting bilateral economic ties
SK chief underlines power of 'design thinking' amid global uncertainties
Hanwha Ocean drops police complaint against HD Hyundai in destroyer contract bid
AmCham seminar discusses US-Korea trade outlook for Trump’s 2nd term
Kia EV9 GT marks world debut at LA Motor Show
Hanjin inks partnership with DHL to boost logistics competitiveness