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News
Genesis GV90 Earns Global Media Praise
1+ hour, 18+ min ago (242+ words) “Genesis has finally made its dream a reality.” U.S. business magazine Forbes offered that assessment of the Genesis GV90, unveiled on August 19 local time at the Palace of Fine Arts in San Francisco. The GV90 and GV90 Neolun revealed at the world…...
LG Energy Solution Sees Solid-State Battery Delay for EVs
1+ day, 17+ hour ago (457+ words) LG Energy Solution has diagnosed that in order to fully apply solid-state batteries to electric vehicles, the technical barrier of mass-producing large-scale cells must be overcome. The forecast suggests that solid-state batteries are highly likely to be commercialized in small…...
EcoPro BM Renovates Hungarian Plant for EV Materials
2+ day, 2+ hour ago (470+ words) Businesskorea Hungarian Site in Debrecen Has 54,000-Ton Capacity and Is Being Converted to a Mixed NCA-NCM Line EcoPro BM Begins Line Renovation at Hungarian Plant EcoPro BM has begun renovation work on the production line at its Hungarian plant to…...
Hankook Tire Showcases EV-Exclusive iON Tech at Demo Days Bay Area
4+ day, 22+ hour ago (308+ words) Hankook Tire & Technology (Hankook Tire), a leading global tire manufacturer, will showcase its EV-exclusive iON tire lineup at Demo Days Bay Area, taking place Aug. 22–23 in Alameda, California. Through interactive displays and hands-on driving experiences, attendees can see how Hankook’s…...
POSCO Targets China Battery Materials Market
6+ day, 16+ hour ago (334+ words) POSCO Group announced on Aug. 19 that it had signed a strategic framework agreement (SFA) with China’s Ronbay Group regarding the overall secondary battery material business at the POSCO Center in Gangnam District, Seoul. The two companies agreed to cooperate across…...
APR Europe Sales Surge 363%
6+ day, 22+ hour ago (280+ words) Global beauty company APR announced on August 19 that its European sales in the first half of this year increased by 363% year-on-year to 228.9 billion won ($170.82 million). Europe accounted for approximately 17% of the total sales in the first half. Strong online and…...
LG Energy Solution Fully Opens Lansing Plant
1+ week, 2+ hour ago (277+ words) The LG Energy Solution Lansing plant located in Michigan, U.S., begins full-scale operation. LG Energy Solution announced on August 18 (local time) that it held an opening ceremony for the ‘LG Energy Solution Michigan-Lansing’ plant. The event was attended by key U....
U.S. Automakers Protest Reverse Discrimination Over New Tariff Rules
1+ week, 4+ day ago (514+ words) Businesskorea GM, Ford, and Stellantis say proposed rules could add billions in costs and disrupt North American supply chains as the Trump administration is weighing stricter origin rules "An additional cost of at least $2 billion per year for each U.S. automaker....
Next-Gen Batteries Gain Battlefield Breakthrough
1+ week, 5+ day ago (466+ words) Businesskorea Korean and U.S. makers are selling lithium-metal and silicon batteries to drone manufacturers in Ukraine Next-generation battery technologies that had struggled to achieve commercial viability in the electric vehicle market have found their first commercial breakthrough through Ukraine’s battlefield and…...
Chinese EVs Surge in South Korea, Threatening Local Makers
1+ week, 6+ day ago (623+ words) Businesskorea Chinese EV Share Reaches 35% After 178.7% Surge in H1 A total of 69,513 Chinese electric vehicles were newly registered in South Korea in the first half of this year, a 178.7% surge from the same period last year. The share of Chinese-made vehicles…...