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Biz & Tech

Auto

Sun, September 26, 2021 | 09:22

Indonesian Embassy purchases Hyundai's IONIQ 5

The Embassy of Indonesia in Korea purchased Hyundai Motor's electric vehicle (EV), the IONIQ 5, as part of the Southeast Asian nation's effort to boost EV-related businesses as its next economic growth engine, Hyundai Motor said Thursday.

Baek Byung-yeul | 2021-09-16 15:04

Local EV maker, 2 others submit bids for SsangYong Motor

A Korean consortium led by electric vehicle maker Edison Motors Co. and two others have submitted bids for SsangYong Motor Co., the deal's lead manager said Wednesday.

2021-09-15 20:37

Hyundai, Gwangju city joint venture starts mass production of Casper

The first Casper SUV to roll off the assembly line is introduced during a ceremony celebrating the start of mass production at Gwangju Global Motors' (GGM) plant, Wednesday. GGM is a joint venture between Hyundai Motor and Gwangju Metropolitan Government and the first outcome of the Moon Jae-in administration's job creation project to reinvigorate regional economies. From lef...

Baek Byung-yeul | 2021-09-15 16:56

Hyundai, LGES start construction of Indonesia joint battery plant

Hyundai Motor Group and LG Energy Solution (LGES) officially kicked off construction of their joint electric vehicle (EV) battery plant in Indonesia to make a grab for the lead in the global EV market. According to the two companies, a groundbreaking ceremony was held at the construction site for the battery plant in Karawang New Industry City (KNIC), Wednesday, near the Indo...

Kim Hyun-bin | 2021-09-15 16:32

Hyundai Motor, LG Energy break ground for battery factory in Indonesia

South Korean automaker Hyundai Motor Group and battery maker LG Energy Solution said Wednesday they have begun construction of a new electric vehicle battery plant in Indonesia.

2021-09-15 11:34

Hyundai to begin car production under President's signature job project

Gwangju Global Motors (GGM), a joint venture between Hyundai Motor and Gwangju Metropolitan Government, will begin mass production of its first model, the Casper compact SUV, Wednesday.

Baek Byung-yeul | 2021-09-14 17:04

SM Group, Edison Motors lead SsangYong Motor acquisition race

As the deadline approaches for the selection of a preferred bidder to acquire debt-ridden SsangYong Motor, SM Group and a consortium led by Edison Motors are drawing attention again as the two strongest candidates, considering their ability to raise funds for the purchase, as well as for their business capabilities.

Baek Byung-yeul | 2021-09-12 16:48

Mercedes-Benz opens AMG Seoul to boost recognition of high-performance brand

Mercedes-Benz Korea and its official dealer here, Han Sung Motor, officially opened the AMG Seoul brand center in the western part of the capital and unveiled its branding strategy, Thursday, to expand the brand recognition and fan base of AMG, Mercedes-Benz's high-performance sub-brand.

Kim Hyun-bin | 2021-09-09 16:39

Volvo sells over 2 million SPA-based vehicles

Over 2 million Volvo vehicles produced with its Scalable Product Architecture (SPA) platform have been sold worldwide, helping it to continue its dynamic growth in the global car industry.

2021-09-08 16:12

Hyundai to apply hydrogen system to all commercial models by 2028

Hyundai Motor said Tuesday it will apply the hydrogen fuel-cell system to all of its commercial vehicle models by 2028 as it seeks to gain a leading status in the hydrogen vehicle market.

2021-09-08 09:03

Major Korean conglomerates set up council for hydrogen economy

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