Hyundai Rotem, a railway, defense and plant systems provider under Hyundai Motor Group, is speeding up the commercial debut of the nation’s first hydrogen-powered electric tram, with a test drive set to be carried out in the coming months. According to the Ministry of Trade, Industry and Energy on Wednesday, the company’s upcoming tram, equipped with hydrogen fuel cells, is expected to drive a total of 25,000 kilometers on two railway test tracks in Osong, North Chungcheong Provinc

Mobility May 31, 2023

Recipients of Han Sung Motor’s Dream Gream scholarship showcased their work at Plastic Art Seoul 2023, a Seoul art fair dedicated to sculptures and installations that took place over the weekend. Han Sung Motor, the official importer of Mercedes-Benz cars here, has sponsored young artistic talents through the program that offers scholarships and mentoring opportunities. For the latest exhibition, 40 students joined to present media art creations under the theme “The most precious thi

Mobility May 29, 2023

  With South Korea’s homegrown Nuri rocket’s successful launch to space, five out of eight satellites carried on board made two-way communication with ground stations, the Ministry of Science and ICT said Friday. The country’s King Sejong Station in Antarctica received the first signal from the main payload NEXTSat-2 or second next-generation small satellite at 7:07 p.m. Thursday, according to the ministry. A ground station in Daejeon also made contact with the satellite a

Technology May 26, 2023

Hyundai Motor Group said Friday that it has agreed with LG Energy Solution to jointly build an electric vehicle battery manufacturing plant in the US, expanding their footing in the burgeoning clean car market there. Under a joint investment of 5.7 trillion won ($4.3 billion), the two companies plan to start construction of the plant later this year. With an annual production capacity of 30 gigawatt-hours, enough to supply approximately 300,000 fully electric cars, the plant will commence operat

Mobility May 26, 2023

South Korean electric vehicle battery maker SK On has attracted $944 million in funding as part of its push to expand its presence in the burgeoning EV market. According to its parent company SK Innovation on Wednesday, $800 million will be secured from a consortium led by MBK Partners, the Korea-based private equity firm, which is composed of financial investors from the US and the Middle East. Another $144 million will be attracted from SNB Capital, an investment banking arm under Saudi Nati

Mobility May 25, 2023

Amid burgeoning demand for human assistant robots, DB Robotics, a first-generation robot developer in South Korea, is receiving renewed attention for its extensive robot lineup that ranges from a gigantic deep-sea drill robot to a microsized robot traversing blood vessels. Based on some 60 patents, the 23-year-old company has thus far developed over 300 robots, mostly for public projects. And now it aims to take a big leap by debuting its robots for commercial success, according to DB Robotics C

Technology May 24, 2023

    South Korea’s homegrown Nuri rocket, also known as the Korea Space Launch Vehicle-II, has begun the process to be positioned on a launch pad at the Naro Space Center in Goheung, South Jeolla Province, a day ahead of its third launch into space. According to the Ministry of Science and ICT and the Korea Aerospace Research Institute, Nuri arrived at the launch pad an hour after it was transported from KARI’s assembly building at 7:20 a.m. The rocket was being prepared to

Technology May 23, 2023

Renault Korea Motors said Monday it is setting up a research and development center in the southern port city of Busan, aiming to expand its presence as a strategic export base for the French auto giant. The carmaker signed a memorandum of understanding with the Busan city government and industrial and academic institutions there to join hands in creating an ecosystem for eco-friendly vehicles. Renault Korea Motors CEO Stephane Deblaise, Busan City Mayor Park Hyeong-joon and other officials part

Mobility May 22, 2023

Rainbow Robotics, in which Samsung Electronics recently secured a total of 14.99 percent stake, is seeking to secure a footing in the US as it participates in this week’s US Automate, North America’s largest automation trade show. The company plans to showcase its five collaborative robots of the RB Series which offer approximately 50 percent less production cost than rivals as it uses its own parts such as actuator, encoder, brake and controller. During the networking event on the s

Technology May 22, 2023

Hyundai Motor Group Executive Chair Chung Euisun (center) stands next to the N Vision 74 hydrogen hybrid electric vehicle, inspired by the carmaker’s first-ever car model, the Pony coupe, at the prestigious Concorso d’ Eleganza Villa d’Este classic car show held in Lake Como, Italy, Saturday. During the annual event, the carmaker unveiled its recently revived Pony Coupe Concept 49 years after the car made its debut in 1974 at the Turin Motor Show. The N Vision 74 is a test ca

Mobility May 21, 2023

BUSAN -- Renault Korea Motors seeks a bigger presence as its Busan plant aims to become a regional export base for the French auto giant. On Tuesday, the carmaker held a media event at its Busan plant to unveil its cost-effective shipping know-how and longer-term export strategy. At the plant, Renault’s top-selling compact SUV XM3 Arkana was being loaded into a container box before shipment from Busan New Port to Le Havre, a northwestern coastal city in France. Three Arkana cars were loa

Mobility May 18, 2023

South Korea’s Minister of Science and ICT Lee Jong-ho touted the successful launch of the nation’s homegrown Rocket Nuri last year as one of his top achievements, marking the one-year anniversary of his inauguration. “I was under huge pressure before the second launch of Nuri that took place in June (last year),” said Lee during a press conference in Sejong on Wednesday. “It was a weight off my shoulders to have given hope to our people during the darkest days of th

Technology May 17, 2023

Hyundai Motor Group’s Kia Motors is in talks to expand the production lines at its Mexico plant as part of efforts to bolster responsiveness to US subsidies for electric vehicles, according to company officials and local authorities on Tuesday. “We are not building a new plant but (we are) considering transferring some of the production lines for EVs,” a Kia official told The Korea Herald. “The move is part of our response to the Inflation Reduction Act in the US. But the

Mobility May 16, 2023

A growing number of US states are going all-out to attract lucrative production lines of Korean battery makers, with some of them offering hefty incentives in addition to the federal government’s tax cuts under the Inflation Reduction Act. “There’s a national competition among some states. It really comes down to the whole package of what a state can offer,” Indiana’s Secretary of Commerce Brad Chambers told The Korea Herald in a recent phone interview. Indiana has

Mobility May 15, 2023

The face-lifted version of Hyundai’s flagship family sedan Sonata the Edge has made a grand comeback after four years, making its 37th anniversary this year. The Sonata is the longest-running car in South Korea, selling around 9.3 million units since its launch in 1985. But the beloved midsized sedan suffered a setback in recent years as more drivers flock to SUVs. Amid slowing sales, the car even faced rumors that it might be discontinued when the carmaker delayed launching the eighth-gen

Mobility May 14, 2023