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Tue, September 22, 2020 | 17:19

[Reporter's Notebook] Hanwha's hesitance to cut ties with Nikola could be costly mistake

[Reporter's Notebook] Hanwha's hesitance to cut ties with Nikola could be costly mistake

Is Nikola Corporation a fraud? That is the question many around the globe are asking, even conglomerates such as Hanwha Group which was one of the early major investors in the U.S. truck manufacturer.

Kim Hyun-bin | 2020-09-21 17:12

LG, Hyundai to build joint battery plant in Indonesia

LG, Hyundai to build joint battery plant in Indonesia

LG Chem is in final discussions with Hyundai Motor Group over the launch of an electric vehicle (EV) battery plant in Indonesia after the government there approved of the project, two sources involved in the issue said Monday. “LG Chem is close to announcing its plan to build the EV battery plant in which Hyundai will have a sizable stake. General terms of have been agreed up...

Kim Yoo-chul | 2020-09-21 17:11

Hyundai Motor, KT, Incheon Airport partner for air taxi

Hyundai Motor, KT, Incheon Airport partner for air taxi

Hyundai Motor, KT, Incheon International Airport Corporation (IIAC) and Hyundai Engineering & Construction will team up for air taxi service pilot projects here, which will begin as early as 2025.

Nam Hyun-woo | 2020-09-20 17:10

Concern grows for GM, Renault Samsung, SsangYong as tax benefits shrink

Concern grows for GM, Renault Samsung, SsangYong as tax benefits shrink

GM Korea, Renault Samsung and SsangYong Motor are expected to see their sales contract further in the second half, as tax benefits for domestic consumers are removed, and the companies are not releasing any new vehicles.

Nam Hyun-woo | 2020-09-18 17:10

Kia to halt 2 domestic plants until weekend on COVID-19 cases

Kia to halt 2 domestic plants until weekend on COVID-19 cases

Kia Motors Corp., South Korea's No. 2 carmaker, said Friday it will suspend two plants near Seoul until this weekend following the confirmation of COVID-19 cases there days earlier.

2020-09-18 17:02

LG Uplus to release self-driving 5G robot next year

LG Uplus to release self-driving 5G robot next year

LG Uplus Corp., a major South Korean mobile carrier, said Friday it plans to roll out its 5G-powered autonomous robot next year. The robot - which is being developed in partnership with autonomous mobility firm Unmanned Solution - has recently demonstrated its abilities at local refiner Hyundai Oilbank Co.'s facility in Seosan, 150 kilometers south of Seoul, LG Uplus said.

2020-09-18 15:13

Hyundai Motor exports 1st hydrogen fuel cell system

Hyundai Motor exports 1st hydrogen fuel cell system

Hyundai Motor has begun exporting its in-house hydrogen fuel cell system to Switzerland's GRZ Technologies for non-automotive use, the country's trade ministry said Wednesday.

Kim Yoo-chul | 2020-09-16 17:19

SKT, Xbox launch 5GX Cloud Game

SKT, Xbox launch 5GX Cloud Game

SK Telecom launched the 5GX Cloud Game with Microsoft, Wednesday, which allows users to enjoy around 100 of the latest and most popular games on the Xbox Game Pass catalog for 16,700 won a month.

Kim Hyun-bin | 2020-09-16 16:28

Hyundai Tucson returns with futuristic touches

Hyundai Tucson returns with futuristic touches

Hyundai Motor on Tuesday premiered the fourth-generation Tucson SUV, which went through a drastic makeover with futuristic touches in its looks and features.

Nam Hyun-woo | 2020-09-15 17:16

SsangYong to sign binding agreement with US firm

SsangYong to sign binding agreement with US firm

Months after Mahindra & Mahindra Managing Director Pawan Goenka confirmed his company's plan to give up control of its struggling Korean unit SsangYong Motor, the latter is very close to signing a binding investment agreement with U.S.-based vehicle distributor HAAH Automotive Holdings, sources said Monday.

Kim Yoo-chul | 2020-09-14 17:15

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