Browsing: Korea
South Korea’s SK Innovation announced it will merge its electric vehicle battery subsidiary SK On with thermal management and lubricants…
Kia’s new PV5 electric van has been seen undergoing testing in the United States, renewing speculation about a potential U.S.…
French carmaker Renault reported flat sales in the second quarter, as a significant drop in European van demand offset gains…
LG Energy Solution Q2 Operating Profit More Than Doubles on Early Demand Ahead of U.S. Tariff Concerns
By James Bryant
South Korea’s LG Energy Solution (LGES) said its second-quarter operating profit more than doubled year-on-year, as some customers accelerated battery…
Hyundai’s upcoming entry-level electric vehicle, the Ioniq 2, has been seen in public for the first time, ahead of its…
South Korean robotics firm Daedong Robotics has unveiled an autonomous agricultural transport robot powered by repurposed Tesla car batteries, marking…
Hyundai’s luxury brand Genesis is preparing a major product push in 2026, aiming to launch five new models, though only…
South Korea’s LG Energy Solution has signed a supply agreement with Chinese carmaker Chery to deliver cylindrical batteries for electric…
Kia’s first electric sedan, the EV4, has become South Korea’s best-selling domestic electric sedan just two months after its market…
Kia has opened domestic orders for its first electric van, the PV5, marking the start of its Platform Beyond Vehicle…
South Korean firm LS Materials has developed a new hybrid energy storage system (H-ESS) for electric vehicle (EV) charging stations,…
Hyundai Motor Co plans to temporarily halt production of its Ioniq 5 and Kona Electric models at its Ulsan plant…
Hankook Tire & Technology on Thursday reported consolidated sales of 4.96 trillion won and operating profit of 354.6 billion won…
Contemporary Amperex Technology Co Ltd (CATL) and BYD remained the world’s top two electric vehicle (EV) battery suppliers in the…
Hyundai Motor has delivered five of its Elec City Town electric buses to Japanese transport operator Iwasaki Group, marking the…
Hyundai Mobis has introduced a new battery system that incorporates a built-in fire suppression unit, marking a proactive step toward…
Hyundai Motor Group is taking steps to develop and manufacture its own electric vehicle (EV) battery cells, according to a…
Kia Lowers 2030 EV Sales Target but Maintains Lineup Plans Amid Cost Optimization Drive
By David Smith
Kia has revised its long-term electric vehicle strategy, cutting its 2030 annual battery-electric vehicle (BEV) sales target from 1.6 million…
Hyundai Motor and its luxury arm Genesis said Friday they will not raise vehicle prices in the United States over…
Chinese electric vehicle (EV) manufacturer BYD is stepping up its efforts to grow in South Korea, aiming to double its…