News
Samsung Electronics supplies automotive processor for BMW EVs: sources - The Korea Herald
3+ hour, 46+ min ago (366+ words) Business Samsung Electronics supplies automotive processor for BMW EVs: sources Published : Dec. 30, 2025 - 10:08:49 Samsung Electronics Co. has supplied advanced automotive processors for electric vehicles produced by BMW AG, industry sources said Tuesday, marking a breakthrough in the expansion of the South…...
Tesla surge lifts imported cars to record 20% market share in Korea - The Korea Herald
1+ day, 6+ hour ago (565+ words) Business Tesla surge lifts imported cars to record 20% market share in Korea Published : Dec. 29, 2025 - 15:04:36 Imported vehicles are set to capture a record 20 percent of Korea's auto market this year, led by surging Tesla sales and strong demand for premium brands....
LG ends W3.9tr battery deal with FBPS
1+ day, 23+ hour ago (511+ words) Business LG ends W3.9tr battery deal with FBPS Published : Dec. 28, 2025 - 14:32:19 LG Energy Solution has ended its 3.9 trillion won ($2.7 billion) electric vehicle battery deal with the Michigan-based Freudenberg Battery Power System amid a pullback in US electrification initiatives and weakening EV demand....
LG Energy Solution to sell W4.2tr Ohio battery JV building to Honda - The Korea Herald
4+ day, 23+ hour ago (436+ words) Business LG Energy Solution to sell W4.2tr Ohio battery JV building to Honda Published : Dec. 25, 2025 - 13:58:22 LG Energy Solution said Wednesday it will sell the building of its Ohio electric vehicle battery joint venture plant to its partner Honda for 4.2 trillion won…...
Samsung SDI, KGM team up on next-gen EV batteries
6+ day, 23+ hour ago (521+ words) Business Samsung SDI, KGM team up on next-gen EV batteries Published : Dec. 23, 2025 - 14:03:08 Samsung SDI and KGM have agreed to jointly develop advanced cylindrical electric vehicle battery pack technology, marking their first strategic partnership on next-generation batteries. Under the agreement, the…...
Hyundai Motor Group dominates IIHS safety ratings
1+ week, 7+ min ago (516+ words) Business Hyundai Motor Group dominates IIHS safety ratings Published : Dec. 23, 2025 - 13:48:34 Hyundai Motor Group said Tuesday that it secured the most accolades in the latest US vehicle safety evaluations for the second year in a row, reinforcing its standing as a…...
EcoPro bets big on Hungary to power Europe’s EV push
1+ week, 6+ day ago (562+ words) Business EcoPro bets big on Hungary to power Europe's EV push Published : Dec. 17, 2025 - 13:42:30 Founder Lee Dong-chae calls Debrecen plant long-term treasure trove for Europe's battery supply Lee Dong-chae, founder of South Korean battery materials maker EcoPro, said the company's cathode…...
How Hyundai is closing in on Toyota in US hybrids
1+ week, 6+ day ago (653+ words) Published : Dec. 16, 2025 - 15:24:32 SUV-heavy lineup, rising sales, stronger margins narrow the gap with Japanese rival Toyota has set the pace in the US hybrid market for decades. The Prius defined the segment, while hybrid SUVs such as the RAV4 and Highlander entrenched…...
Hyundai Motor CEO reaffirms US investment, says Georgia plant to create 40,000 jobs
2+ week, 6+ min ago (456+ words) Business Hyundai Motor CEO reaffirms US investment, says Georgia plant to create 40,000 jobs Published : Dec. 16, 2025 - 13:49:35 Hyundai Motor Company CEO Jose Munoz reaffirmed the automaker's long-term investment commitment and signaled confidence in its Georgia operations during a visit to the state,…...
LS Cable considers US rare-earth magnet plant in Virginia
2+ week, 1+ day ago (439+ words) Business LS Cable considers US rare-earth magnet plant in Virginia Published : Dec. 15, 2025 - 13:21:32 LS Cable & System may build a rare-earth magnet plant in the United States as part of its move to diversify supply chains and expand beyond its core cable…...