Most Popular
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Korea’s homegrown nanosatellite successfully launches into space
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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Nicaragua shuts down Seoul embassy
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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Hybe's multilabel system tested amid conflict with Ador
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SNU profs to suspend treatment for one day
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SK hynix pledges W20tr to ramp up DRAM production at home
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Over-50s, men, single-person households take up majority of those filing for bankruptcy
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Ministry denies blame for Jamboree debacle
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Pianist Cho Seong-Jin named Berlin Philharmonic's artist-in-residence
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Hyundai Motor, Kia ranked in mid range of global eco-friendliness list
Hyundai Motor and its affiliate firm Kia were ranked in ninth place on a new Greenpeace study on 15 automakers' decarbonization efforts, down four spots from the environmental organization's assessment a year ago. According to Greenpeace East Asia’s analysis on Thursday, the South Korean carmakers received 5.58 points for the proportion of zero-emission vehicle sales and a mere 3 points for decarbonizing efforts in their supply chains. Noting that the sales of sports utility vehi
Oct. 19, 2023
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[Photo News] Kia EV9 for Rafael Nadal
Korean automaker Kia presents the EV9, the carmaker’s first three-row battery-powered sport utility vehicle, to its brand ambassador and renowned tennis player Rafael Nadal at the IFEMA Convention Center in Madrid on Wednesday. In October 2021, the company gave Nadal the EV6, its first electric vehicle to have adopted Hyundai Motor Group’s EV platform. Kia has sponsored Nadal since 2004 and recently renewed the partnership until 2025. (Kia)
Oct. 19, 2023
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Hyundai, Kia team up with Infineon on EV power chips
Hyundai Motor Company and its sister firm Kia announced Wednesday that they have signed a strategic partnership with Infineon Technologies AG, a global top-tier automotive semiconductor developer, to upgrade electric vehicle performance and secure power semiconductor supply chains. Under the partnership, the South Korean automakers will cooperate with the chipmaker to develop technologies with a goal to enhance the power performance of EVs and hybrid vehicles slated to be released in the future.
Oct. 18, 2023
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Kia reaches tentative agreement with union
Hyundai Motor Group said Wednesday that its affiliate Kia has reached a tentative agreement with its labor union, continuing wage talks without a strike for a third consecutive year. The management and labor union members sat down for the 16th round of negotiations at Kia Autoland in Gwangmyeong, Gyeonggi Province, Tuesday. The most pressing item on the agenda was whether Kia would remove a clause in the collective agreement that allows for the hiring of children of workers with more than 25 yea
Oct. 18, 2023
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[Photo News] BMW XM unveiled
BMW’s XM Label Red, a limited edition sport activity vehicle under the M performance brand, is displayed Wednesday ahead of the BMW Ladies Championship that kicks off Thursday in Paju, Gyeonggi Province. The German carmaker plans to unveil two M cars – the XM Label Red and the i7 M70 xDrive, the first battery-powered 7 Series model --during the four-day event. BMW has showcased its latest models during the nation’s only LPGA tour every year since 2019. (BMW Korea)
Oct. 18, 2023
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VW’s ID.4 EV gains foothold with competitive pricing
Volkswagen’s pure electric sport utility vehicle ID.4 has been gaining traction in Korea, especially among drivers in their 30s and 40s, as one of the most reasonably priced premium EVs. According to Volkswagen Korea, its competitive pricing sets the car apart from other EV rivals. The 2023 all-electric ID.4 is priced in the range of 50 million won ($37,000), but with a government subsidy of up to 5.8 million won, the price can be further lowered to the upper 40 million won range. In Aug
Oct. 18, 2023
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[Photo News] Green Education
GREEN+Kids, Mercedes-Benz Korea's environmental education program for children here, has been recognized as an outstanding environmental education program by the Ministry of Environment, the automaker's corporate social responsibility committee said Wednesday. The GREEN+Kids program, which is aimed at guiding children toward a carbon neutral lifestyle and teach everyday practices to reduce their carbon footprint, has reached 427 social welfare institutions and elementary schools nation
Oct. 18, 2023
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Hyundai Motor shows off air mobility, drone tech at Seoul defense fair
Hyundai Motor Group said Tuesday that its urban air mobility arm Supernal, along with its sister firm Kia, are showcasing their latest UAM vision and drone technology at this week's Seoul ADEX 2023, Korea’s largest aerospace and defense trade show. This is the first time for the US-based Supernal to set up an exhibition booth at the biennial event since its launch in 2020. During the event, it aims to raise its brand awareness and seek new business opportunities. At this year’s
Oct. 17, 2023
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[Photo News] Genesis promotes Busan's expo bid
A Genesis G80 sedan, wrapped with the promotional designs for Busan’s Expo bid, is displayed at Hyundai Motor Studio in Goyang, Gyeonggi Province, Tuesday. Hyundai Motor Group said the special exhibition will be held until Nov. 28 when the host country of the 2030 World Expo is decided during the general gathering of the Bureau International des Expositions in Paris. (Hyundai Motor Group)
Oct. 17, 2023
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Kia to expand EV lineup with mass market appeal
Kia on Thursday unveiled three new small- to medium-sized electric vehicles, vowing to lead the popularization of EVs across the world by offering more affordable options for customers. “Kia is keenly focused on providing solutions to the concerns that continue to cause hesitation when it comes to making an EV purchase. We will meet customer expectations by offering a full line-up of EVs at various price points and improve charging infrastructure availability,” said Kia CEO Song Ho-s
Oct. 12, 2023
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Samsung SDI, Stellantis to set up 2nd JV plant in Indiana
Samsung SDI said Thursday it is poised to set up a second electric vehicle battery manufacturing plant with Stellantis in the US state of Indiana. The production facility will be built by StarPlus Energy, a joint venture of Samsung SDI and Stellantis in the city of Kokomo, next to the JV’s first plant under construction within the region. The first and second StarPlus Energy Kokomo Gigafactory plants will start operation in the first quarter of 2025 and early 2027 for 33 GWh and 34 GWh cap
Oct. 12, 2023
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Hyundai Motor chair marks 3rd year of record earnings
Hyundai Motor Group is expected to post record earnings this year, breaking its own record for the third year in a row since Executive Chair Chung Euisun took the helm of the world's third largest carmaker in 2020. Hyundai and its smaller affiliate Kia are projected to post 260.8 trillion won ($192.5 billion) and 26.6 trillion won in sales and operating profits this year, according to estimates by market tracker FnGuide. Both figures stand at an all-time high. Since Chung took up leadership
Oct. 10, 2023
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[Photo News] In Paris for Busan
Hyundai Motor Group Executive Chair Chung Euisun (right) talks with a member of a foreign delegation at a banquet in Paris on Monday, the night before a symposium on Tuesday to promote Busan's bid to host the 2030 World Expo. Hyundai Motor provided 10 electric vehicles wrapped in designs promoting Busan's Expo bid for the Korean delegation, as it carries out various campaign activities such as hosting the symposium and a K-pop concert in the French capital this week. (Hyundai Motor Gro
Oct. 10, 2023
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[Test Drive] BMW 5 Series makes more powerful, elegant comeback
BMW’s 5 Series, one of the bestselling premium sedans in Korea, has returned with full-change upgrades in design and driving performance, making its global debut in the country in six years. The 5 Series has sold over 8 million units worldwide since its launch of the first generation model in 1972. Korea, in particular, has shown great enthusiasm for the high-end sedan, taking approximately 20 percent of total sales last year, according to the German carmaker. “We know how important
Oct. 8, 2023
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Hyundai, Kia to transition to Tesla charging system in North America
South Korean automakers Hyundai Motor and Kia on Thursday announced a shift to Tesla's charging system for their electric vehicles sold in North America, joining other automakers such as General Motors, Ford and Mercedes-Benz. The change will take effect in the US by the end of next year and extend to Canada by mid-2025. The transition from the Combined Charging System, the widely adopted charging standard that Hyundai-Kia currently employs for their North American EVs, to Tesla's Nort
Oct. 6, 2023
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[Photo News] Hyundai promotes Busan World Expo bid in Paris
Hyundai Motor Group will operate 10 electric vehicles wrapped in designs promoting Busan's bid to host the 2030 World Expo in Paris Oct. 9-15, the Korean automaker said Friday. The automaker will provide the Ioniq 5 and EV6 -- two award-winning EVs by Hyundai Motor Company and Kia, respectively -- to the Korean delegation, which will carry out various related activities such as a symposium and K-pop concert in the French capital next week. (Hyundai Motor Group)
Oct. 6, 2023
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BMW to double No. of EV chargers in Korea next year
BMW Korea said Thursday it will install 1,000 new chargers for electric vehicles in South Korea next year, almost doubling the number of its EV chargers in the country. Under its “Charging Next” project, BMW Korea plans to make the new chargers compatible with all EVs, not just BMW EVs. The German automaker currently operates 920 charging points nationwide and plans to complete the installation of more to reach a total of 1,100 by the end of the year. With the additional 1,000 charge
Oct. 6, 2023
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LG Energy Solution secures massive battery supply deal for Toyota EVs
LG Energy Solution and Toyota announced Thursday that they have signed a 10-year supply contract for lithium-ion battery modules to be used in Toyota’s battery electric vehicles assembled in the United States, marking the first collaboration between the Korean battery maker and the Japanese auto giant in the burgeoning EV market. LG Energy Solution said it will invest 4 trillion won ($3 billion) in its Michigan plant to set up new production lines for battery cells and modules exclusively
Oct. 5, 2023
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[Photo News] New BMW 5 Series unveiled
BMW’s new 5 Series premium sedan made its debut in Korea on Thursday. The eighth-generation full-change model was introduced after six years, boasting a range of sporty upgrades, a cutting-edge infotainment system and other convenient features. The new lineup includes the carmaker's very first battery-powered electric vehicle, the New i5. The high-end i5 M60 xDrive 361 has a driving range of 361 kilometers on a single charge. (BMW Korea)
Oct. 5, 2023
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[Photo News] Genesis at BIFF
Hyundai Motor Group's luxury brand, Genesis, is sponsoring the 28th Busan International Film Festival, which runs Oct. 4-13, the automaker said Thursday. Genesis is providing 110 vehicles for participating actors, directors and other film industry officials to use during the festival. It will also showcase its vehicles, including the GV80 Coupe, which was first unveiled last month, at the venue. The automaker has sponsored BIFF every year since 2017. (Hyundai Motor Group)
Oct. 5, 2023