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The Korea Herald

Automobiles

November 19, 2024
Carmakers, battery suppliers vie for leadership in battery management

Battery Management Systems, or BMS, often called the “brain” of an electric vehicle battery, play a crucial role with integrated hardware and software to monitor and control battery cells while safeguarding against potential fires. While battery manufacturers excel in advancing battery technologi...
November 18, 2024
LG Energy Solution inks exclusive battery deal with Bear Robotics

LG Energy Solution said Monday it forged an exclusive deal with US-based Bear Robotics to supply its cylindrical batteries, marking a significant expansion into sectors beyond electric vehicles. The battery maker’s 21700 cylindrical cells -- measuring 21 millimeters in diameter and 70 mm in heigh...
November 17, 2024
Kia scales back on EV9 in US amid tightened IRA rules

Hyundai Motor Group affiliate Kia is reportedly scaling back US production of its ambitious EV9, a large all-electric sport utility vehicle, due to stricter Inflation Reduction Act regulations. According to industry sources Sunday, Hyundai Motor Group’s manufacturing facility in Georgia, which be...
November 15, 2024
Hyundai donates EVs to support UN hunger relief with sustainable transport

Hyundai said the eight Ioniq 5 EVs will be deployed across WFP offices in Rome, Egypt, Panama, South Africa, the Philippines and Thailand, with two vehicles stationed in the United Arab Emirates. In Egypt, for example, the Ioniq 5 assigned to WFP’s regional headquarters in Cairo will help teams de...
November 14, 2024
[KH Explains] For Korean automakers, Chinese EVs may loom larger than Tump’s tariffs

Donald Trump’s impending return to the White House has reignited fears of trade protectionism in the global auto industry. But the real question for automakers may not be about tariffs or changes to the Inflation Reduction Act. Trump’s stance on Chinese electric vehicles could have a greater impa...
November 13, 2024
Renault Grand Koleos boasts 30% share in hybrid SUVs

Renault Korea’s latest hybrid sport utility vehicle Grand Koleos has seen smooth driving, claiming more than 30 percent market share in its segment as of October. Having debuted in August, the Grand Koleos E-Tech Hybrid sold 5,385 vehicles last month alone, with cumulative sales reaching 9,330. D...
November 13, 2024
BYD to enter Korean passenger car market early next year

BYD will officially enter the Korean passenger vehicle market early next year, the Chinese electric vehicle maker's Korean office announced Wednesday. The announcement came after months of speculation over when BYD would launch its passenger EVs in the Korean market. BYD Korea already entered the ...
November 12, 2024
Hyundai to launch AI-powered EV in China next year

Hyundai Motor, in collaboration with Chinese partner Haomo, will launch its first Chinese-market-dedicated electric vehicle equipped with generative artificial intelligence technology next year. “We are working to load the software of Haomo, a local autonomous driving software firm, onto the EV, ...
November 12, 2024
Boston Dynamics robot dog joins Trump’s security detail

Spot, the four-legged robotics dog developed by Boston Dynamics, a subsidiary under Hyundai Motor Group, has reportedly joined the security detail for US President-elect Donald Trump. The $75,000 mechanical canine, bearing a cautionary tag that reads “Do not pet,” was seen patrolling the grounds...
November 12, 2024
Hyundai’s Atlas robot takes the spotlight as Tesla's Optimus stumbles

In Boston Dynamics' recent video, the latest Atlas is shown autonomously sorting objects in a simulated factory setting. Using a new machine-learning-based vision model, the robot can recognize parts, determine the correct grip points, and place items in designated compartments. Atlas also demonstr...
November 12, 2024
[From the Scene] How BMW’s growing Korea parts hub gets repairs done faster than ever

By Moon Joon-hyun ( mjh@heraldcorp.com )
November 11, 2024
Hyundai Motor plays down missed IRA incentives for Georgia plant

Hyundai Motor has missed out on the United States tax incentives for its new $7.6-billion manufacturing plant -- Hyundai Motor Group Metaplant America -- in Bryan County, Georgia, but said the credit did not affect its investment in the plant. According to industry sources Monday, Hyundai Motor di...
November 11, 2024
LG eyes footing in aerospace with possible SpaceX deal

LG Energy Solution has reportedly forged a deal with Elon Musk’s SpaceX to supply its cylindrical batteries, further strengthening its partnership with Tesla and advancing its footprint in the global aerospace sector. According to industry sources on Monday, the Korean battery maker began develop...
November 08, 2024
LG ramps up US battery push with $8b supply deal for Rivian EVs

By Moon Joon-hyun ( mjh@heraldcorp.com )
November 07, 2024
Hyundai Motor edges closer to global No. 2 carmaker in profit

Hyundai Motor Group has outpaced Volkswagen Group in the third-quarter profit, edging closer to claiming the world’s second-largest carmaker title this year for the first time. From June to September, Hyundai Motor Company, Kia and Genesis posted 69.4 trillion won ($49.7 billion) in sales revenue...

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EDITOR'S PICKS

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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Company Registration No. 104-81-06004 |Mail-Order Business Registration 2016 - Seoul Yongsan - 00590 |Business info |Gov’t registration No. Seoul 아04099