Browsing: South Korea
CATL and BYD Lead Global EV Battery Market with 36.7% and 16.4% Shares in Jan-Sep 2024
CATL and BYD remained the world’s leading electric vehicle (EV) battery manufacturers in the January-September 2024 period, with CATL holding…
Silicon Valley start-up Plus has launched its Level 4 autonomous trucking software, SuperDrive Beta 5.0, in partnership with Traton Group…
South Korean battery material manufacturer L&F is set to commence mass production of NCM (nickel-cobalt-manganese) cathode material with a nickel…
Hyundai is set to enhance its presence in Japan, a market that has historically posed challenges for the South Korean…
POSCO Holdings announced the completion of a lithium hydroxide production plant in Guemes, Salta Province, Argentina, with a ceremony held…
South Korea’s LG Energy Solution (LGES) reported a 39% decline in its quarterly profit, citing pressures from slowing electric vehicle…
South Korean SUV manufacturer KG Mobility has entered into a strategic partnership with China’s Chery Automobile to co-develop a range…
Hyundai Motor India Limited (HMIL), a subsidiary of the South Korean automotive giant Hyundai Motor Group, has successfully completed its…
German Chancellor Olaf Scholz stated that German automakers should not be intimidated by competition from China in the electric vehicle…
Hyundai Motor Co. and Kia Corp. are on track to sell over 100,000 electric vehicles (EVs) in the United States…
Supernal LLC, the urban air mobility (UAM) division of Hyundai Motor Group, is aiming to debut its electric vertical take-off…
Hyundai Motor Plans to Use $3.3 Billion IPO Proceeds to Boost R&D and Car Production in India
Hyundai Motor plans to utilize the proceeds from its $3.3 billion initial public offering (IPO) of its Indian unit to…
Hyundai Motor India Prepares for $3 Billion IPO, Valuing Company at Up to $19 Billion
Hyundai Motor India is set to launch its initial public offering (IPO) next week, with shares likely to be priced…
Hyundai Mobis Plans to Mass-Produce Component to Double Electric Vehicle Charging Speed by 2025
Hyundai Mobis Co., the world’s fifth-largest auto parts manufacturer, announced plans to mass-produce a component that will double the charging…
CATL and BYD Lead EV Battery Market in Jan-Aug 2024: CATL Holds 37.1% Share, BYD Grows to 16.4%
Chinese battery manufacturers CATL and BYD remained the world’s top electric vehicle (EV) battery suppliers from January to August 2024,…
South Korea has taken a significant step toward the future of transportation with the launch of its first night-time self-driving…
Hyundai Motor India Limited has received approval from the Securities and Exchange Board of India (SEBI) for its initial public…
Kia Corp., part of Hyundai Motor Group, has commenced mass production of electric vehicles at its first dedicated EV plant…
South Korea’s Hyundai Glovis has signed a memorandum of understanding (MOU) with BYD, China’s leading electric vehicle (EV) manufacturer, to…
Tesla Cybertruck Arrives in South Korea for Certification, Aiming to Expand Beyond North America
Tesla’s Cybertruck has reportedly arrived in South Korea for certification, potentially making the country the first market outside North America…