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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 -
Hyundai Motor, Singapore to advance hydrogen economy
Hyundai Motor Group has forged a partnership with the Singapore government to explore opportunities for developing hydrogen-based low-carbon infrastructure, strengthening bilateral cooperation in advancing a clean energy economy. According to Hyundai on Monday, it signed a memorandum of understanding with the Singapore Economic Development Board on Friday during the K-Tech Showcase event, held on the sidelines of the Asia-Pacific Economic Cooperation summit in Gyeongju, North Gyeongsang Province
Nov. 3, 2025 -
Hyundai Motor partners with Singapore's EDB to develop hydrogen-based low-carbon technologies
Hyundai Motor Group said Monday it has partnered with Singapore's Economic Development Board to explore opportunities for developing low-carbon technologies, including hydrogen energy solutions. Under the partnership, Hyundai Motor and the EDB will identify and pursue potential projects involving low-carbon technology development with Singapore-based companies and startups, including the possible use of the country's pipeline network for hydrogen distribution. A memorandum of understanding for t
Nov. 3, 2025 -
Hyundai Motor teams up with Singapore to electrify public vehicle fleets
Hyundai Motor Group announced Sunday that it has partnered with the Singapore government to accelerate the electrification of public vehicle fleets, marking a key step toward advancing innovation in future mobility. The auto giant signed a memorandum of understanding on innovative technology cooperation with Singapore’s Home Team Science and Technology Agency (HTX), a research agency under the country's Ministry of Home Affairs, on Friday, on the sidelines of the Asia-Pacific Economic Cooperatio
Nov. 2, 2025 -
Electrified vs. roaring engine: Porsche GTS redefines passion
Since debuting its first GTS model, the 904 Carrera GTS, Porsche has expanded the badge across nearly every model line — from sports cars and sedans to SUVs — establishing GTS as one of the brand’s most enduring symbols of performance. Among them, the Cayenne GTS and Taycan GTS embody two distinct expressions of Porsche’s uncompromising performance DNA: one rooted in the visceral power of combustion, the other in the electrified precision of the future. As part of Porsche Korea’s “Porsche Olle D
Nov. 2, 2025 -
Exports up for 5th month at $59.57b in Oct. on robust chip demand
South Korea's exports grew 3.6 percent from a year earlier in October, rising for a fifth consecutive month, despite a slide in shipments to the United States, thanks to strong demand for semiconductors, government data showed Saturday. Outbound shipments came to $59.57 billion last month, according to data compiled by the Ministry of Trade, Industry and Resources. It marked the fifth consecutive month since June the country's monthly exports posted an on-year gain. Imports decreased 1.5 percent
Nov. 1, 2025 -
Kia expects tariff aftermath to linger in Q4
Kia said Friday that it expects the United States tariffs on auto imports will likely deal a blow to its fourth quarter earnings despite Korea reaching an agreement with the Trump administration to lower the current tariffs of 25 percent to 15 percent. “Even if the (reduced tariff) is applied as of Nov. 1, the 25 percent tariff was already paid on existing inventory,” Kim Seung-jun, chief finance officer at Kia, said during the company’s conference call. “Though we expect to see the impact (of t
Oct. 31, 2025 -
Samsung SDI joins BMW, Solid Power for next-gen all-solid-state battery testing
Samsung SDI said Friday it has signed a trilateral agreement with Germany’s BMW and US-based battery materials company Solid Power to conduct a validation project for all-solid-state batteries in automobiles. Under the agreement, Samsung SDI will supply all-solid-state battery cells using Solid Power’s solid electrolyte, which offers improved energy density and enhanced safety. Based on these cells, BMW will develop battery modules and packs and carry out demonstration testing. According to Sams
Oct. 31, 2025 -
Data, AI new engines of maritime growth: HD Hyundai Marine Solution executive
HD Hyundai Marine Solution, the maritime service arm of HD Hyundai Group, is accelerating its role as a core innovation driver for the conglomerate’s transition toward sustainable, technology-driven growth, according to Choi Bong-jun, managing director and head of the firm’s digital technology center. Founded in 2016 through the integration of service divisions within HD Hyundai Heavy Industries, the company began as an after-sales service provider for ships, but has since expanded into eco-frie
Oct. 31, 2025 -
Samsung SDI exec honored for advancing EV battery innovation
Samsung SDI Executive Vice President Park Zin has won the silver tower order of industrial service merit at the 5th Battery Industry Day event hosted by the Korea Battery Industry Association on Thursday. Held at a hotel in Gangnam, Seoul, the event gathered over 250 participants from government, industry and academia, including Industry Vice Minister Moon Shin-hak, Rep. Kim Sung-won, KBIA Chair and LG Energy Solution CEO Kim Dong-myung, SK On Executive Vice President Jeong Dae-in, and Hong Youn
Oct. 30, 2025 -
Tariffs dent Hyundai profit despite record Q3 sales
Hyundai Motor said Thursday that the tariff agreement between Korea and the United States clears uncertainties moving forward, as the automaker’s third-quarter operating profit suffered nearly a 30 percent decline on-year, despite logging record revenue. The Korean automaker logged 46.7 trillion won ($32.8 billion) in revenue and 2.5 trillion won of operating profit in the third quarter of this year, up 8.8 percent and down 29.2 percent, respectively, from the same period last year, marking the
Oct. 30, 2025 -
Hyundai Motor drives global push for hydrogen economy at APEC
Hyundai Motor Group called for global collaboration to accelerate the hydrogen economy at the Asia-Pacific Economic Cooperation CEO Summit 2025, held Thursday in Gyeongju, North Gyeongsang Province. During the session titled “Hydrogen, Beyond Mobility: New Energy for Society,” Hyundai Motor Group Vice Chairman Jang Jae-hoon -- who also serves as co-chair of the Hydrogen Council, a global initiative promoting the hydrogen economy -- emphasized the strategic role of hydrogen in achieving carbon ne
Oct. 30, 2025 -
Genesis G90 escorts VIPs with panache in Gyeongju
Hyundai Motor Group is bringing the G90, a luxury sedan from the Korean auto giant’s premium brand Genesis, into the spotlight this week, offering top-class transportation to high-ranking government officials attending the Asia-Pacific Economic Cooperation summit in Gyeongju. According to Hyundai Motor, a total of 113 G90s were dispatched for this week’s event, making Korea one of the few countries that can provide domestically produced vehicles with adequate features to escort high-profile fore
Oct. 30, 2025 -
Hyundai Motor breathes sigh of relief after tariff deal struck
Hyundai Motor on Wednesday breathed a sigh of relief after United States President Donald Trump indicated that Washington and Seoul had reached an agreement on the prolonged tariff negotiations earlier in the day. When asked if a trade deal had been made with President Lee Jae Myung at a dinner with Asia-Pacific Economic Cooperation leaders in Gyeongju, Trump said, “We did.” Although the US leader did not give any more details on the specifics of the agreement, he said that the two sides reached
Oct. 29, 2025 -
Mercedes-Benz levels up European production with innovation
Mercedes-Benz is revamping its key production sites in Europe -- the Bremen plant in Germany and the Kecskemet plant in Hungary -- as the German automaker plans to launch up to 40 new models through 2027 under its “Next Level Production” strategy. “’Next Level Production’ has significantly increased the flexibility, efficiency, and resilience of our global production network,” said Jorg Burzer, a board member of Mercedes-Benz Group AG. “With the extensive conversion of our vehicle plants, we hav
Oct. 29, 2025