Automotive industry
Hana Bank to introduce new fintech products with Hyundai and Kia
Hana Bank announced on Monday that it would be partnering with Korea’s two automobile industry giants, Hyundai and Kia, for...
Korea stands third in the global EV battery market, invests in multiple battery projects
South Korea has dominated the global EV battery market after China. The three Korean battery producers have contributed to the...
Samsung may join Tesla for next-gen chip production of self-driving cars
Samsung and Tesla are likely to come together to work on a new project of next-gen self-driving cars. According to...
Renault Samsung, Lynk & Co unite to develop eco-friendly cars
Renault Samsung, the South Korean unit of Renault S.A., said on Monday that it would join hands with Lynk &...
SoCar, RideFlux to Test Run Driverless Shuttle Service in Jeju Island
South Korean car-sharing service company SoCar will start a test run of their driverless shuttles on Jeju Island. SoCar’s scheduled...
LG to Start Electric Car Gear Joint Venture with Canada’s Magna
LG Electronics Inc. announced in an exchange filing on Wednesday that they are working on launching a joint venture worth...
Motional, Lyft to Launch Driverless Robotaxi Service in U.S. by 2023
Motional, a joint venture between South Korea carmaker Hyundai Motor and auto supplier Aptiv, announced on Thursday that it signed...
LG Uplus Exhibits 5G-Powered Autonomous Parking Technology in Seoul
South Korean telecommunications company LG Uplus (LG U+) successfully tested a 5G network-based autonomous car driving and parking solution through...
Hyundai Motor Introduces New E-GMP Platform for Battery Electric Vehicle
Hyundai Motor introduced its new Electric-Global Modular Platform (E-GMP), which would serve as the principal technology for its next-generation electric...
ROIIVE Developing Advanced Core Autonomous Vehicle Camera Tech
South Korean startup ROIIVE said that it is actively developing core technologies for automotive camera applications such as recognition and...
LG’s Center Information Display Receives Renault 2020 Supplier Award
LG Electronics announced on Tuesday that it received its third Best Innovation Award for its Center Information Display (CID) during...
Hyundai to Use Nvidia In-Vehicle Infotainment System for Connected Car
Hyundai Motor strengthens its connections with Nvidia by using the U.S.-based chipmaker's in-vehicle information and entertainment drive system in connected...
Moon Visits Hyundai’s Ulsan Site, Pledges 20Tln Won in Future Mobility
South Korean President Moon Jae-in inspected Hyundai Motor's Ulsan plant on Friday to look into its future automobile production facilities...
Hyundai Motor Group Officially Inaugurates Euisun Chung as Chairman
Hyundai Motor Group's Chung Euisun officially takes the mantle of chairman of the carmaker conglomerate, leading the group into the...
Hyundai Motor De-Facto Leader Chung Euisun to Become Chairman
Executive Vice Chairman of Hyundai Motor Group Chung Euisun is set to take leadership on South Korea's largest carmaker conglomerate...
Hyundai Motors, Aptiv Reveals Autonomous Driving Motional Brand Identity
Hyundai Motor Group and U.S.-based self-driving company, Aptiv, announced that their joint venture brand identity as Motional. Motional came from...
Korea FTC to Initiate Probe Over Tesla Autopilot Tech Ad
South Korea's Fair Trade Commission (FTC) initiated an investigation concerning possibly false advertisements made by Tesla, Inc. according to industry...
Samsung’s De Facto Leader Lee Visits Busan Automotive MLCC Plant
Samsung Electronics’ vice-chair and de-facto leader Lee Jae-yong on Thursday visited Samsung Electro-Mechanics’ factory to inspect the automotive multilayer ceramic...
Hyundai Mobis Injects 25 Bln Won into VC Funds for Future Mobility
Hyundai Mobis announced on Thursday that it invested 25 billion won ($20 million) into ACVC Partners and MOTUS Ventures, U.S.-based...
Seoul Hosts World’s First H2Mobility + Energy, Promotes Hydrogen Future
South Korea launched the world's first hydrogen mobility show as it seeks to develop into a world leader in hydrogen...
