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Inside, the new Flying Spur features technologies to make every drive comfortable and convenient. The seats, for instance, come with a "wellness seating" specification, which automatically adjusts the temperature and posture to keep drivers comfortable, especially on long trips. Bentley is initial...
Collapsing lithium prices are expected to put more pressure on Korean battery companies that are already reeling from an electric vehicle chasm, industry insiders said Wednesday. According to a recent Goldman Sachs report, the global lithium price is projected to fall by 18 percent from the monthl...
EcoPro’s former Chairman Lee Dong-chae has returned to management after a yearlong hiatus, at a critical time when the battery materials maker and the entire EV industry are reeling from slowing demand. According to the company on Tuesday, Lee was recently named an executive adviser on the board ...
The Kia EV9, a large electric sport utility vehicle, was recognized for its balance of range and versatility. It is equipped with a 99.8-kWh battery and can achieve up to 501 kilometers of driving range on a single charge. It also features a 400 to 800-volt multi-speed charging system that allows f...
Hyundai Motor plans to bring its Casper Electric mini SUV to Europe later this year and Japan in early 2025, following robust domestic sales. The company reported Sunday that it sold 28,784 units of the Casper -- both gasoline and electric versions -- in the Korean market from January to August th...
The South Korean government said Friday it will certify the safety of electric vehicle batteries beginning October, four months ahead of the initial plan, as it rolled out various measures to prevent EV fires. According to the government’s EV fire safety management measures, both domestic and imp...
The large batteries required make extending the range of conventional electric vehicles very expensive. EREVs offer a more economical solution by using smaller batteries that can be charged on the go by the internal combustion engine. For instance, Stellantis' 2025 Ram 1500 Ramcharger, a large pick...
In 2017, BMW expanded its footprint with a 130 billion won investment in a parts distribution center in Anseong, Gyeonggi Province. This center, which is the largest of its kind outside of Germany, manages an inventory of over 86,000 parts and incorporates AI-driven logistics systems. In April thi...
Hyundai Motor Group announced Tuesday that it will sponsor the second Trilateral Executive Dialogue, or TED, a leadership seminar between South Korea, the United States and Japan, set to take place at Grand Hyatt Seoul on Wednesday. TED, which held its first gathering in San Francisco last year, a...
Hansung Motors, one of the top official Mercedes-Benz dealers in South Korea, has appointed Marco Kim as its new CEO, the company announced Monday. Marco Kim brings extensive global expertise in the luxury automotive sector, having held key leadership and consulting roles with several prestigious ...
SK On, for instance, showcased the capability of its batteries through a unique marketing campaign: a beachside busking performance powered entirely by a Hyundai Ioniq 5 equipped with SK On batteries. Meanwhile, Samsung SDI has taken a different approach, promoting its proprietary battery brand, Pr...
SK Speedmate, an automotive maintenance company, announced Sunday its official launch after spinning off from SK Networks to become a top automotive aftermarket service provider in Korea. SK Networks decided to spin off the Speedmate division as part of its push to transition to an AI-centric comp...
Mercedes-Benz Korea will loan new E-Class sedans free of charge to residents of the apartment complex in Cheongna, Incheon, who lost their vehicles in an electric vehicle fire on Aug. 1. The fire, which occurred in the underground parking lot of the complex, destroyed approximately 70 vehicles. Me...
On the brighter side, the fully automatic park assist system worked well. It’s a first for the Grand Koleos’ segment, allowing the vehicle to detect empty parking spaces at the touch of a button and park itself with minimal driver intervention. Despite my initial skepticism, the system managed to...
Hyundai Motor Company and Kia have paved the way for their future investment plans as they recently received triple 'A credit' ratings from the leading credit rating agencies in the world. Hyundai and Kia -- Hyundai Motor Group's two automakers -- stand as one of the only four auto brands worldwid...
Paper firms fined W30b for colluding on newsprint prices
Main opposition pushes to ease, not postpone, tax on crypto gains
Koreans' overseas investments exceed foreigners' local investments for the first time
Mercedes-Benz Korea helps startups expand globally
[From the Scene] Gigantic Olive Young store lures young trend-setters in Seongsu
Korean Air offers special flights for mileage users