SEOUL, Jul. 10 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp., South Korea’s leading automakers, are aiming for a rebound in domestic electric vehicle (EV) sales in the second half of the year with reasonably priced new entry-class compact models. According to industry data, Hyundai Motor sold a total of 16,842 EVs domestically in [...]
SEOUL, Jul. 9 (Korea Bizwire) — Hyundai Motor Co., South Korea’s largest automaker, on Tuesday started receiving preorders for the company’s Casper Electric mini SUV in South Korea, the company said. The company said it has started accepting preorders for the long-range “Inspiration” variant of the Casper Electric, which was unveiled at the Busan International [...]
SEOUL, Jul. 4 (Korea Bizwire) — Full-fledged production of Casper Electric, Hyundai Motor Co.’s highly anticipated all-electric mini SUV, will begin in South Korea’s southwestern city of Gwangju later this month, according to industry officials, with a target output of 21,400 units by the end of the year. Gwangju Global Motors (GGM), a Hyundai Motor [...]
SEOUL, Jul. 3 (Korea Bizwire) — Trade Minister Cheong In-kyo said Wednesday that South Korea hopes to expand economic ties with Indonesia in areas ranging from electric vehicles (EVs) to clean energy. Cheong made the remark during his visit to Jakarta, where he attended a ceremony marking the production of Hyundai Motor Co.’s electric vehicles [...]
SEOUL, June 28 (Korea Bizwire) – LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Friday it has suspended the construction of a battery production line for energy storage systems (ESS) in its Arizona plant. In April, LGES began the construction of the US$5.5 billion battery plant to produce 46-Series cylindrical batteries for [...]
BUSAN, Jun. 26 (Korea Bizwire) –Hyundai Motor Company has lifted the veil on its Casper Electric vehicle at the Busan Mobility Show, presenting what it calls a new standard for electrification and reaffirming its commitment to a hydrogen-based ecosystem. The South Korean automaker announced on June 27 that it would participate in the show, running [...]
BUSAN, June 27 (Korea Bizwire) – Kia Corp., South Korea’s second-largest automaker, unveiled its highly anticipated new pickup truck model Thursday that sports an exterior wrap design inspired by Australia’s diverse landscape. Kia’s Tasman was unveiled for the first time at the 2024 Busan International Mobility Show. The name of the vehicle was derived from [...]
SEOUL, June 26 (Korea Bizwire) – In a move that underscores the strong partnership between LG Group and General Motors (GM), LG Chemical and LG Energy Solution are set to become the first buyers of the Cadillac Lyriq electric vehicle in South Korea. Industry sources revealed on June 25 that LG Chemical and LG Energy Solution [...]
SEOUL, June 26 (Korea Bizwire) – In a move that underscores the strong partnership between LG Group and General Motors (GM), LG Chemical and LG Energy Solution are set to become the first buyers of the Cadillac Lyriq electric vehicle in South Korea. Industry sources revealed on June 25 that LG Chemical and LG Energy Solution [...]
SEOUL, Jun. 25 (Korea Bizwire) — Over 6 out of 10 automobile owners consider choosing eco-friendly vehicles as their next car, a poll showed Tuesday. According to the poll conducted recently by consumer data platform Open Survey on 1,500 adults, 39.7 percent of car owners said they were considering a hybrid car primarily as their [...]