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The Korea Herald

Automobiles

October 13, 2024
Hyundai drives forward under Chung's leadership

Hyundai Motor Group is celebrating four years of Chung Euisun’s leadership as executive chair on Monday. During this period, the automaker has experienced rapid growth, expanded into new markets and positioned itself as a major player in electric vehicles and future technologies. But new challenge...
October 13, 2024
Posco Future M's NCA cathode plant in Pohang goes online

Posco Future M has started operations at its new plant in Pohang, North Gyeongsang Province, dedicated to producing nickel-cobalt-aluminum cathode materials for electric vehicle batteries. The plant, which shipped its first batch over the weekend, will help meet the growing demand for high-performa...
October 10, 2024
[KH explains] Will CATL’s Korean push reshape battery alliance with Hyundai, Kia?

China’s CATL, the world’s largest battery maker for electric vehicles, is reportedly seeking a bigger footing in Korea, the home turf of its archrivals LG Energy Solution, Samsung SDI and SK On, and a crucial client, Hyundai Motor Group. According to industry sources, the Chinese company is revi...
October 10, 2024
Hyundai, Singapore bolster R&D ties in hydrogen, manufacturing

Hyundai Motor Group said Wednesday it will boost its partnership with Singapore, home to the carmaker’s highly automated production base and key research hub, focusing on areas ranging from advanced and sustainable energy to manufacturing solutions. The company signed a memorandum of understandin...
October 08, 2024
LG Energy Solution wins 10-year battery supply deal from Mercedes

LG Energy Solution has secured a major long-term contract to supply electric vehicle batteries to a key affiliate of Mercedes-Benz. The deal, announced Tuesday, primarily targets North America and other key markets, although the exact regions were not specified. Under the terms of the agreement, ...
October 08, 2024
Hyundai reportedly begins EV production at Georgia plant

Hyundai Motor Group has reportedly begun early-stage production of electric vehicles at its new Hyundai Motor Group Metaplant America facility, located near Savannah, Georgia. According to a report on Saturday by the Atlanta Journal-Constitution, a major local newspaper in Georgia, Hyundai commenc...
October 06, 2024
More foreign automakers to share EV battery data with Korea

A growing number of foreign automakers in Korea -- Mercedes-Benz, Volkswagen and Audi among them -- are now cooperating with local authorities to improve EV safety by providing detailed information on their battery management systems in the wake of a serious electric vehicle fire in Incheon this pa...
October 06, 2024
Hyundai Motor joins forces with Waymo to bolster foundry business

By Kan Hyeong-woo ( hwkan@heraldcorp.com )
October 04, 2024
KG Mobility vows to advance autonomous driving technology

KG Mobility will push for advancing autonomous driving technology based on its cooperation with companies that have core technologies in the self-driving sector, the Korean automaker said Friday. The Korando E-Motion, the country’s first nighttime autonomous driving taxi developed by KG Mobility ...
October 04, 2024
[From the Scene] Hyundai Mobis catalyzes electrification with new mobility tech

Pushing forward technological innovations for air mobility and robotics as well as cars, the company presented development strategies for battery, driving and power conversion systems on the same day. “We plan to adopt a ‘cell-to-pack’ system instead of the existing ‘cell-module-pack’ to expa...
October 02, 2024
[KH Explains] Korea pursues ‘fire-free’ batteries amid EV fears

Ever since a Mercedes-Benz electric vehicle burst into flames in Incheon in August, an “EV phobia” has gripped drivers here. Less than two weeks from the massive fire, Hyundai Motor Group, the nation’s largest carmaker, preemptively disclosed the list of its EV battery manufacturers, prompting ...
September 30, 2024
[KH Explains] Is Hyundai-GM partnership win-win to beat Tesla, Chinese rivals?

For GM, the partnership is a lifeline -- particularly in hybrid technology. Despite its ambitious pivot to EVs, the US market is still seeing significant growth in hybrid sales, as consumers gravitate toward vehicles that balance range and fuel efficiency. GM has largely missed out on this trend, a...
September 30, 2024
Hyundai Motor hits 10m milestone in car sales

Hyundai Motor Group marked the global cumulative production of 100 million cars Monday, a landmark record coming 57 years since the carmaker’s foundation. The company held a celebratory event at the car manufacturing plant in Ulsan earlier in the day, joined by Lee Dong-suk, head of domestic sale...
September 26, 2024
Hyundai Mobis wins cybersecurity certification in Europe

Hyundai Mobis has become the first automotive parts supplier in Asia to receive a cybersecurity certification from ENX Association, bolstering its chances of securing orders worldwide. According to the auto parts manufacturer under Hyundai Motor Group Thursday, it held a cybersecurity certificatio...
September 26, 2024
Hyundai Motor, EcoPro BM to develop LFP battery tech

Hyundai Motor Group said that it is partnering with battery materials company EcoPro BM on Thursday to develop its own lithium iron phosphate, or LFP, batteries for electric vehicles. Executives from Hyundai Motor Group, EcoPro BM and Hyundai Steel -- the carmaker’s steel manufacturing affiliate ...

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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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