Hyundai Motor Group said Tuesday that it donated 30 vehicles and 105 electric wheelchairs and electric scooters to encourage mobility for people with disabilities. The South Korean automaker has carried out the corporate social responsibility activity since 2011. According to the firm, the accumulated amount of donations has reached 7.9 billion won ($6 million) so far. The donations have been delivered to various associations and federations that support disabled people across the country. (Hyun

Hanwha Momentum, a supplier of manufacturing facilities and equipment for batteries, solar panels and displays, hosted its 2023 Hanwha Battery Day on Monday to reveal the company's strategies and technological road map in response to burgeoning global demand for secondary battery manufacturing equipment. During the event, CEO Yang Ki-won unveiled an ambitious target of 1.4 trillion won ($1.07 billion) in sales solely from secondary battery process equipment solutions by 2027. The company&

Tighter rules from the US limiting China-made materials in batteries eligible for electric vehicle tax credits might ironically offer a boon for Chinese companies, who hold huge stakes in joint ventures with South Korean battery manufacturers. The Joe Biden administration on Friday announced new guidance for the Inflation Reduction Act barring electric car buyers from claiming a $7,500 tax credit in case the product uses materials from China and other countries deemed a “Foreign Entity of

Toyota Motor Korea said Monday that it donated kimchi to the underprivileged across South Korea last week in partnership with the Seoul Council on Social Welfare. Some 300 company officials and dealers, including CEO Manabu Konyama (right), participated in the voluntary event, which the Japanese company has carried out every year since 2012. (Toyota Motor Korea)

Volkswagen Korea said Monday it held a special meeting for local owners of the Golf, the German automaker's signature compact vehicle, for the first time in Korea at a car theater in Paju, Gyeonggi Province, on Sunday. Named the "2023 Volkswagen Golf Treffen Korea," the event drew some 70 Golf vehicles and 200 participants. "Treffen" means an informal gathering in German. According to the automaker, Koreans across the country brought various models of Golf ranging from t

Kia's latest large full-electric sport utility vehicle, the EV9, is garnering a slew of global accolades, clenching three major awards and several nominations for major North American and World Car of the Year honors. Kia on Sunday announced the EV9's win of the 2024 Danish Car of the Year's Innovation Award from Danske Motorjournalist, Denmark’s Automobile Journalists Association. In Spain, the car was also named the Moveo Car of the Year 2023 by La Vanguardia, gaining reco

EcoPro BM, a battery materials manufacturing subsidiary of EcoPro, said Sunday it has forged a deal with Samsung SDI to supply 44 trillion won ($34 billion) worth of cathode materials for electric vehicle batteries. From next year to 2028, the battery materials company is poised to supply high-nickel cathode materials that consist of more than 80 percent nickel to Samsung SDI’s EV battery manufacturing plant in Hungary. EcoPro BM CEO Joo Jae-hwan, Samsung SDI Vice President Kim Ik-hyeon an

Passenger traffic at Incheon Airport has breached 90 percent of pre-pandemic levels as of November, according to the airport on Sunday. The number of international passengers via the airport was 5.35 million in November, equivalent to 91 percent of the monthly average of 5.88 million in 2019. The overall passenger counts from January to November this year amounted to 50.51 million, reflecting a recovery to 78 percent of the 2019 level. Travelers to popular destinations, including Japan, the US

Hyundai Mobis, a South Korean auto parts maker affiliated with Hyundai Motor Group, unveiled on Thursday that it has developed the world's first quantum dot display for automobiles with local dimming technology, offering a lower-cost alternative to organic light-emitting diode displays commonly found in luxury vehicles. It marks Hyundai Mobis' entry into the high-end automotive display arena, positioning its quantum dot innovation as a challenger to pillar-to-pillar OLED display format

KG Mobility is hoping to finish 2023 strong to end the year with a profit for the first time since 2016 on strong sales overseas and the automaker’s bestselling sport utility vehicle Torres. According to a regulatory filing, the Korean carmaker has logged accumulative revenue and operating profit of almost 3 trillion won ($2.32 billion) and 42.4 billion won, respectively, in the first three quarters of this year. The revenue from the period of January to September saw a 24.6 percent jump o

Hyundai Motor Group, one of the most avid supporters of the ultimately unsuccessful Korean campaign to host the World Expo 2030 in Busan, reports having strengthened its worldwide business opportunities and global partnerships through the campaign-backing efforts across the globe. The Korean government came up short as the country lost to Riyadh, Saudi Arabia in the first round of voting by the members of the Bureau International des Expositions in Paris on Tuesday. Despite the loss, Hyundai Mot

Hyundai Motor Group on Tuesday unveiled a more compact, integrated wheel system that frees up more room for futuristic car designs. Called “Uni Wheel,” short for Universal Wheel Drive System, the system integrates the constant velocity joints – a device that links the vehicle’s transmission to its wheels – and other parts such as the drive shaft and car decelerator into a wheel. The system, the first of its kind, also connects smaller motors to each wheel, instead o

Volvo on Tuesday launched its latest all-electric sport utility vehicle, EX30, in South Korea, emphasizing the EV’s extraordinary safety technology and affordable prices to win the hearts of local customers. “EX30 is a premium all-electric vehicle that has everything required to move toward a safer future,” said Lee Yun-mo, CEO of Volvo Cars Korea. “(The EV) has everything that our customers expect from Volvo. Ranging from a new, pure electric powertrain that has achieved

Mercedes-Benz Korea said Tuesday that the automaker held a fan meeting with Lee Sang-hyeok and Moon Hyun-jun -- two players of Korea's League of Legends team T1, better known as Faker and Oner, respectively -- at the Yongin AMG Speedway in Gyeonggi Province on Monday to celebrate T1's victory at the LoL World Championship Finals earlier this month. Mercedes-Benz is an official sponsor of T1. In this photo, Lee poses with the high-performance electric vehicle Mercedes-AMG EQE on the rac

Hyundai Motor Group’s cars will be sold online through Amazon for the first time in the US next year, offering an opportunity for the world’s third-largest carmaker to ramp up sales in the all-important market. During the Los Angeles Auto Show on Nov. 16, Hyundai and Amazon announced that customers can purchase Hyundai vehicles -- internal combustion engine cars, electric vehicles, leased and used cars -- available in their area on the tech giant’s website from a local dealer

Hyundai Motor Group Executive Chair Chung Euisun has been named the winner of the industry leader category in this year’s Automotive News All-Stars awards, the South Korean automaker said Monday. “This award is in recognition of the entire Hyundai Motor Group family and partners all around the world who have worked so hard and devoted themselves to making sure that we achieve our vision of smart, sustainable mobility and progress for humanity,” Chung said. “Hyundai Motor

GM Korea, the Korean arm of the US auto giant General Motors, logged robust export sales in October, taking up nearly 20 percent of the nation’s total automobile exports, industry estimates showed Monday. Out of the total 225,391 Korea-made vehicles exported in October, 42,623 units or 18.9 percent were accounted for by GM’s two popular SUV models -- the Chevrolet Trailblazer and the Trax Crossover -- according to the Korea Automobile Manufacturers Association. GM Korea's number

Until five years ago, carmakers were hesitant to introduce cybersecurity measures in vehicles despite being aware of their necessity due to cost issues. However, when the European Union introduced cybersecurity regulations in 2022, it became virtually impossible to enter the European market without meeting the new standards. The change has made cybersecurity an essential element to ensure the survival of carmakers. The advancements in vehicle software, diversification of vehicles’ function

Hyundai Motor is sticking to its mission to lead the growth of the electric vehicle sector in Indonesia, pledging to offer a wide range of EV options for customers and set up a complete ecosystem of EVs with charging infrastructure and battery reuse. “Hyundai Motor is a brand that is pioneering and leading the Indonesian EV market,” said Lee Young-tack, president of Hyundai Motor Asia-Pacific Headquarters, in a recent email interview with The Korea Herald. “We plan to establish

The Ministry of Trade, Industry and Energy said Sunday the recent supply disruptions of hydrogen for automobiles in the central region of South Korea will gradually ease next week. “(The government has made sure) the hydrogen suppliers have secured extra hydrogen, so we expect the supply glitch will slowly improve starting next week,” said Lee Ho-hyeon, head of energy policy at the industry ministry, in a statement. “Until the situation returns back to normal, we will carry out