Most Popular
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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DP leader says he will meet Yoon without conditions
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First-ever meeting of president, opposition chief set to finally happen
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NewJeans' singles, Japanese debut to proceed as planned, despite Hybe-Ador feud
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Experts raise concerns about Japan putting pressure on Naver over Line
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Samsung mobile chief, Google device head meet in Seoul
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Blinken calls on China to press N. Korea to end its 'dangerous' behavior
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Ship linked to NK arms shipments to Russia is moored in China: State Dept.
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Ford points finger at SK On over F-150 recall
US auto giant Ford recently reiterated SK On’s battery defect in recalling 18 F-150 Lightnings that led to the production shutdown of the electric pickup trucks after a battery fire incident last month. “Ford is recalling 18 F-150 Lightnings due to a battery cell manufacturing defect, which occurred over a four-week period starting at the end of last year,” the carmaker said in a statement Friday local time. SK On is the battery supplier for the flagship model. The trucks mig
March 13, 2023
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[KH Explains] Korean battery makers hint at ‘price war’ against Chinese rivals
After years of a high-pricing, premium strategy, South Korea’s top three battery makers -- LG Energy Solution, Samsung SDI and SK On -- are increasingly turning their eyes to low-priced batteries in an apparent move to prevent ceding more market share to their fast-growing Chinese rivals in the soaring global electric vehicle market. SK On, a spinoff from SK Innovation, will unveil its first lithium iron phosphate (LFP) battery, at this week’s InterBattery trade show that kicks off
March 12, 2023
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Korean auto, battery sectors brace for EU-first act
South Korean automotive and battery companies are closely monitoring the soon-to-be-unveiled European Union’s Critical Raw Materials Act as the new regulation intends to strengthen the availability of critical raw materials and enhance the regional supply chain. For Korean businesses, the EU’s CRMA -- set to be made public on Tuesday -- is widely seen as the European version of the US’ Inflation Reduction Act. The IRA, which was signed into law by the Biden administration in Au
March 10, 2023
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Hyundai Motor sets ambitious goals to beef up domestic output
Hyundai Motor Co. on Thursday laid out its goals to ramp up domestic production and exports to the highest figures since the COVID-19 pandemic began three years ago, showing the auto giant’s willingness to overcome various economic and geographical uncertainties. The record-high targets were announced as President Yoon Suk Yeol visited the automaker’s Ulsan plant. Hyundai Motor Group Executive Chair Chung Euisun accompanied Yoon as the president toured the automaker’s plant. Ac
March 9, 2023
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Bentley unveils first luxury showroom in Seoul
Bentley Motors said Wednesday it has opened Bentley Cube, its first high-end retail showroom, in South Korea, catering to the fast-growing number of luxury customers craving exclusive experiences. Located in Gangnam, southern Seoul, the four-story flagship shop offers a private space for Bentley customers to enjoy the brand’s bespoke luxury lifestyle. “Korea is a leading country in luxury sales, the biggest market in the Asia-Pacific region. (The grand opening of Bentley Cube) is
March 8, 2023
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[Photo News] Kona Electric unveiled
Hyundai Motor Group on Tuesday premiered the all-new Kona Electric, the automaker's latest addition to its expanding portfolio of all-battery electric vehicles, in a video on its YouTube channel. According to the carmaker, the latest EV can drive 410 kilometers or more on a single charge, the longest driving length among EVs in the same classification. Hyundai Motor plans to present the all-new Kona Electric for the first time in an offline setting at the upcoming Seoul Mobility Show schedu
March 7, 2023
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[Photo News] Korean debut
Alpha Motor Corporation, a US electric vehicle developer, will make its debut at the upcoming Seoul Mobility Show, which runs from March 30 to April 9 at Kintex in Gyeonggi Province, the event organizers said Tuesday. Established in 2020 in California by a group of automotive, IT and financial experts led by Korean-Americans, Alpha Motor will unveil its EV pickup trucks Wolf and Wolf Plus at the event.
March 7, 2023
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7 in 10 Hyundai, Kia cars sold in US are SUVs
More than 7 in 10 cars sold by Hyundai Motor Group in the US were sport utility vehicles, according to the South Korean auto giant’s sales data unveiled Monday. In the first two months of this year, Hyundai Motor and its smaller affiliate Kia sold a combined 162,632 SUVs in the all-important US market, an equivalent of 70.7 percent of its total sales of 230,000 vehicles. Hyundai and its luxury sibling Genesis sold 86,718 SUVs, while Kia sold 5,914 SUVs. It is the first time that the SUV
March 6, 2023
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[Photo News] Sending aid for earthquake victims
South Korean shipping company HMM's containers wait for shipment at a Busan port on Friday to deliver relief goods for victims of the Turkey-Syria earthquake. The firm said Monday it has decided to offer its containers free of charge to help relief efforts, with the first batch of 50 containers departing last week. HMM also plans to ship an additional 150 container homes to the quake-hit regions later this month.
March 6, 2023
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Samsung SDI, GM to form EV battery alliance
South Korean battery maker Samsung SDI and US auto giant General Motors will build a joint battery manufacturing plant for electric vehicles in the US with an investment worth up to 5 trillion won ($3.8 billion), according to reports Sunday. The battery alliance, which will mark the first collaboration between the two companies, will become official later this week as they are expected to sign a memorandum of understanding in Michigan on Wednesday. Citing unnamed industry sources, the reports sa
March 5, 2023
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Competition heats up for first Hyundai factory job openings in decade
Tens of thousands of job seekers have flocked to the Hyundai Motor Group website after the carmaker announced it would recruit production line workers for the first time in a decade, the company said Friday. More than 30,000 people visited the carmaker's recruitment page on the first day of applications on Thursday, causing a server slowdown throughout the day, according to the company. On Friday, it took more than 20 minutes to load the webpage when The Korea Herald tried to access it arou
March 3, 2023
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S. Korea, China agree to increase flights to pre-pandemic levels
South Korean and Chinese aviation authorities have agreed to gradually increase the number of flights on their bilateral routes to pre-pandemic levels, the South Korean transport ministry said Friday. Seoul and Beijing have the rights to provide 608 flights a week on routes to each other's country, and they used to offer a combined 1,100 weekly flights before the COVID-19 hit the airline industry three years ago, the Ministry of Land, Infrastructure and Transport said in a statement. "
March 3, 2023
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[KH Explains] Would Renault-Nissan alliance affect Renault Korea?
Last month, auto giants Renault and Nissan announced that they were reshaping their decades-old strategic alliance, calling Europe a top priority market in their renewed green push. With an Asia strategy missing in the landmark deal, experts here warn that Renault Korea Motors could be downgraded as a production base for the French carmaker unless sizeable investments are made in developing its own new cars. Decades-old alliance reshaped On Feb. 6, Renault and its Japanese partner Nissan u
March 2, 2023
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[Photo News] Off-road experience
Jeep has opened its first dealership with an off-road experience zone in Guri, Gyeonggi Province, Stellantis Korea said Thursday. With the latest opening, Jeep now has 21 dealerships across the country.
March 2, 2023
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Britain OKs Korean Air-Asiana Airlines merger
Britain's antitrust regulator said Wednesday it has approved the integration of South Korea's Korean Air with its smaller local rival Asiana Airlines. Britain's Competition of Markets Authority (CMA) said in a statement that undertakings given by Korean Air are "appropriate" to remedy or mitigate a lessening of competition in the market. Korean Air proposed supporting a new Incheon-London route of British airliner Virgin Atlantic Airways, as the CMA had demanded Korean A
March 1, 2023
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Hyundai Motor Group chief promotes Busan Expo bid
Hyundai Motor Group Executive Chair Chung Euisun underscored South Korea’s vision to host the 2030 World Expo in Busan to 12 ambassadors from countries in Africa, the Caribbean and the Pacific region, asking for their support in the country’s bid. According to Hyundai Motor Group on Wednesday, Chung met the ambassadors at the Korean Embassy in the US on Tuesday. The ambassadors represented Malawi, Mali, Mauritius, Burundi, Central African Republic, Togo, Guyana, Barbados, Bahamas, Sa
March 1, 2023
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Renault Korea, union pledge win-win partnership
Renault Korea said Tuesday its labor and management have agreed to join forces to push for the company’s Busan factory to become a global production base for the French carmaker. According to the company, Renault Korea CEO Stephan Deblaise and Kim Dong-suk, the labor union leader, signed a joint declaration that underscores a win-win partnership and mutual trust. “Based on renewed labor-management relations, we should fulfill our vision as one team. Without cooperation from the lab
Feb. 28, 2023
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Kumho Tire inks sponsorship deal for TCR World Tour
Kumho Tire announced Monday that it signed a title sponsorship deal for the Kumho Touring Car Racing World Tour with WSC Group in Lugano, Switzerland, Thursday. The South Korean tire maker plans to supply tires for all the vehicles competing in the 2023 TCR World Tour, an international touring car championship for TCR cars promoted by WSC Group. The Kumho TCR World Tour will be held at locations in Portugal, Belgium, Italy, Hungary, Uruguay, Argentina, Australia and Macao. In particular, the Bel
Feb. 27, 2023
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[Test Drive] RAV4 Plug-in Hybrid, Toyota’s latest offering for EV hesitators
After years of supply chain disruptions and diplomatic tensions, Japanese auto giant Toyota is seeking a turnaround in Korea with its first offering to win back customers -- the new RAV4 Plug-in Hybrid, which combines the best qualities of gas and electric cars. The plug-in hybrid model is the latest addition to the carmaker’s popular RAV4 crossover utility vehicle lineup. In Korea, the self-charging RAV4 Hybrid was Toyota’s top-selling hybrid car last year, making up 43 percent of h
Feb. 26, 2023
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Hyundai, Kia cars win top safety rankings in US
Hyundai Motor Group said Sunday that four of its cars -- Palisade, Sonata, Genesis G90 and Kia’s Telluride -- have won awards in a crash test held by the US Insurance Institute for Highway Safety, one of the industry's top safety honors. The Hyundai Palisade, Kia Telluride and Genesis G90 were named as Top Safety Pick+, the highest ranking, while Hyundai Sonata won the second-highest Top Safety Pick. The Telluride, in particular, received the highest rankings in every test category,
Feb. 26, 2023