LG, Samsung discuss automotive industry partnerships with Mercedes-Benz

Top executives of South Korea's LG and Samsung groups on Thursday held meetings with Mercedes-Benz Group AG to discuss cooperation in automotive parts for advanced cars, including electric vehicles. Cho Joo-wan, chief executive officer of LG Electronics Inc., met with Mercedes-Benz Group Chairman Ola Kallenius in Seoul to share visions on the future mobility industry led by EVs, the business group said in a release. Three other LG affiliate leaders -- Kim Dong-myung of LG Energy Solution Ltd., J

Nov. 13, 2025

Will Hyundai’s fuel-cell buses accelerate hydrogen mobility?

Hyundai Motor Group is pushing ahead with hydrogen buses as a core pillar of its mobility strategy, betting that commercial fleets will give the technology a clearer path to scale than passenger cars. Despite high costs and slow global infrastructure rollout, experts say buses are better suited to showcase hydrogen’s advantages, especially for heavy loads and long-distance operation. While hydrogen is viewed as a potential replacement for diesel in commercial transport, high prices and the slugg

Nov. 13, 2025

Will Hyundai’s Georgia training center meet US demand for local talent?

Just over two months after a US immigration raid on Hyundai Motor Group and LG Energy Solution’s joint battery plant in Georgia, the Korean automaker moves to reinforce its commitment to local workforce development, opening a training center in the same state as part of its $12.6 billion investment pledge. The 26,700-square-meter Hyundai Mobility Training Center of Georgia, launched last week, will be the core facility for Hyundai Motor Group Metaplant America and its five affiliates, training o

Nov. 12, 2025

Hyundai Motor on edge as Korea-US tariff deal stalls

Hyundai Motor Group is growing uneasy, as the release of a joint fact sheet on the outcome of Korea-US tariff negotiations faces delays, leaving its US-bound vehicle exports still subject to a hefty 25 percent duty. According to industry sources Tuesday, nearly two weeks have passed since Seoul and Washington were expected to release the document shortly after the Oct. 29 meeting between President Lee Jae Myung and US President Donald Trump, held on the sidelines of the Asia-Pacific Economic Coo

Nov. 11, 2025

Hyundai Motor to supply electric buses to Bali

Hyundai Motor has been selected as the official supplier of electric buses for Indonesia’s Bali, the Korean automaker said Tuesday. According to Hyundai Motor, which won the bid led by the Global Green Growth Institute on behalf of the Indonesian government in August this year, it received high ratings in the competitiveness of electric bus quality, after-sales services and experience in pro-environmental official development assistance projects. The automaker will supply 10 units of its battery

Nov. 11, 2025

Will Hyundai feel the pinch as Chinese EV makers flood Europe?

As China grapples with a glut of electric vehicles coupled with an intensifying price war at home, more low-cost Chinese EVs are now flowing into Europe — the world's second-largest EV market, increasing competitive pressure on Hyundai Motor Group. A report released Monday by the Korea Automotive Technology Institute shows the scale of China’s oversupply problem. China’s auto production capacity reached 55.07 million vehicles in 2024, more than twice its domestic sales of 26.9 million. Major aut

Nov. 10, 2025

Korea’s mid-tier automakers struggle to reverse domestic plunge

Korea’s three mid-sized automakers are facing a steep fall in domestic sales, with their market share shrinking to just above 7 percent this year. The downturn, driven by aging lineups, is prompting concerns over the weakening of the country's auto industry base. According to market tracker Carisyou, Renault Korea, KG Mobility and Chevrolet all posted double-digit year-on-year declines in domestic sales in October, falling 29.8 percent, 23.1 percent and 45.2 percent, respectively. The decline is

Nov. 7, 2025

Hyundai Motor Group partners with UK AI startup for new material innovation

Hyundai Motor Group announced Friday that it has teamed up with CuspAI, a United Kingdom-based artificial intelligence start-up, to accelerate its research into new materials for future mobility solutions. The company, located in Cambridge, developed an AI-powered platform that combines generative AI, deep learning and molecular simulation to accelerate the discovery of materials optimized for specific purposes by analyzing their properties and combinations. Hyundai Motor Group expects the colla

Nov. 7, 2025

Hyundai bets on Nvidia to reboot its autonomous driving ambitions

For Hyundai Motor Group, the road to autonomous driving has been far longer than expected. Once an early mover among legacy automakers, the company’s self-driving push has lost momentum in recent years amid technological setbacks and internal struggles. While rivals like Tesla and Waymo have advanced their autonomous driving technology, Hyundai’s own road map — despite a high-profile investment in US joint venture Motional and the acquisition of Seoul-based startup 42dot — remains mainly in the

Nov. 6, 2025

[Photo News] Hyundai Motor CEO sets 2026 course

Hyundai Motor Company's executives -- Lee Yeong-ho (second from left), head of the global operations division; CEO Jose Munoz (center); Kim Hae-in (second from right), head of the human resources division; and Kim Chang-hwan (first from right), head of the electrification energy solutions tech unit -- speak to the company's employees during a town hall meeting held on Wednesday in Gangnam-gu, southern Seoul. The town hall meeting -- the third presided over by CEO Munoz since he was appointed las

Nov. 6, 2025

Fescaro enters agricultural machinery cybersecurity with Daedong

South Korean mobility software solutions provider Fescaro said Thursday that it has secured a cybersecurity project from Daedong, a leading agricultural machinery manufacturer here, marking the company’s entry into the specialized mobility market. The deal comes as the European Union’s Cyber Resilience Act, adopted in 2024, requires cybersecurity measures for all products containing digital elements. Beginning in 2027, the regulation will make cybersecurity mandatory for all mobility-related pro

Nov. 6, 2025

Korean Air ranks among top 3 airlines for cabin, services in USA Today awards

Korean Air Co. said Thursday it has been ranked one of the world's top three airlines in the 2025 USA Today 10 Best Readers' Choice Awards for its business cabin and in-flight services. In the US awards, the South Korean flag carrier ranked second for Best Business & First Class, third for Best Inflight Food and third for Best Cabin Crew, the company said in a press release. It marks the third consecutive year the airline has ranked among the top three in multiple categories, reaffirming its rep

Nov. 6, 2025

LS Cable to supply W500b power distribution systems to US big tech

LS Cable & System announced Wednesday that it has secured a contract worth over 500 billion won ($345.3 million) to supply high-capacity power distribution systems to artificial intelligence data centers operated by a major US big tech company. While the client firm has not been disclosed, the company said it will begin supplying bus ducts -- power distribution systems that efficiently deliver large volumes of electricity -- for data centers the client plans to build across North America. The or

Nov. 5, 2025

Tesla turns to Samsung SDI for massive ESS battery deal

Samsung SDI is reportedly in final talks with Tesla to supply around 3 trillion won ($2.1 billion) worth of energy storage system battery cells, signaling the US electric vehicle giant’s growing reliance on Korean battery makers amid Washington’s push to reduce dependence on Chinese supply chains. According to industry sources and media reports Tuesday, Tesla’s ESS division executives visited Korea last week and reached near-final terms with Samsung SDI on a multiyear supply contract. The deal w

Nov. 4, 2025

Kia partners with UK's Motability for inclusive EV mobility

Kia said Tuesday it has signed a memorandum of understanding with Motability, the United Kingdom’s largest vehicle leasing company for people with disabilities, to promote the adoption of electrified mobility solutions for those with reduced mobility. Motability serves about 860,000 customers in the UK and operates some 35,000 wheelchair-accessible vehicles and 94,000 electric vehicles. The organization also recently developed the eVITA, a concept model for a wheelchair-accessible EV. Under the

Nov. 4, 2025