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News
EV Owners Save 2 Million Won a Year on Upkeep, Study Finds
4+ day, 6+ hour ago (380+ words) Sustained high oil prices from the prolonged Middle East conflict are sharpening the cost advantage of electric vehicles in South Korea. Ten minutes plugged into a highway ultra-fast charger adds 165 kilometers of range at a cost of 11,200 won. Covering the…...
SM Vaxcell Exports Batteries for First Time to Thailand's CP Axtra
6+ day, 11+ hour ago (204+ words) Deal Struck With Thai Distributor CP Axtra Company Seeks MOU to Deepen Local Partnership SM Vaxcell (010580), the manufacturing arm of South Korea's SM Group, will supply dry-cell batteries to online and offline retail channels operated by CP Axtra, the distribution…...
Hyundai Mobis Opens Slovakia Plant, Its Third Europe EV Parts Base
1+ week, 3+ day ago (308+ words) Annual Capacity of 280,000 Electrified Drive Units Aims to Win More Orders From Volkswagen and Others Hyundai Mobis is starting operations at a new plant in Slovakia, its third production base for electrified components in Europe. Hyundai Mobis (012330) said on the…...
Korea Launches Battery Triangle Belt Linking Three Regional Clusters
1+ week, 4+ day ago (307+ words) Seoul Economic Daily Soro-ri, in Ocheon-myeon of Cheongju, North Chungcheong Province, southwest of Cheongju Airport, was a village that grew rice from the Paleolithic era â the world's oldest rice seeds were found there For the past two decades or…...
Samsung C&T Picks IMM Investment for U.S. Solar, Battery Push
1+ week, 4+ day ago (253+ words) IMM Named Preferred Bidder in 300 Billion Won Deal Domestic Private Equity Firms, Brokerages Competed for Stake Funds to Expand U.S. Energy Storage and Solar Business This article was published on Signal, a capital markets service, at 2:34 p.m. on September 2, 2026. Samsung C&T…...
Genesis GV90 Wins Global Media Praise at San Francisco Debut
2+ week, 4+ day ago (625+ words) Pillarless Neolun Arch Gate Draws Acclaim Design Rooted in Korean Aesthetics Also Noted "Genesis is finally ready to turn its dream into reality." — Forbes. Genesis unveiled the GV90, its first large flagship electric sport utility vehicle, at its world premiere at…...
Daejeon Opens Applications for Battery Skills Academy
3+ week, 5+ hour ago (152+ words) Seoul Economic Daily DAEJEON â The city of Daejeon and Daejeon Technopark are recruiting participants for the "2026 Second-Half Daejeon Battery Practical Skills Academy," run together with the secondary battery industry-academia cooperation platform project group at Chungbuk National University The second-half…...
Would You Trust It? China's Rush to Launch EVs Sparks Safety Fears
3+ week, 2+ day ago (716+ words) [[B1]] As competition to launch new vehicles intensifies in China's auto market, critics say some manufacturers are putting cars on the market without adequate testing. As they sharply compress development timelines, some are skipping or scaling back real-world road testing and…...
Korail Pushes Solar Power on Idle Railway Land
3+ week, 3+ day ago (217+ words) Korail to Brief Public on Project Sites Output Could Power 20,000 Households a Year DAEJEON — Korea Railroad Corp. (Korail) said on the 20th that it is stepping up plans to generate solar power using its railway infrastructure. The company will hold a…...
Futures Bet on 4-Fold Jump for Unitree Ahead of Shanghai IPO
3+ week, 4+ day ago (275+ words) [[B3]] Dilin Wu, a research strategist at Pepperstone Group, said Unitree is the first pure-play humanoid robot stock across all listed markets. Other companies in the field have been valued while private, she said, whereas Unitree is the first case where…...