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The Korea Herald

Automobiles

November 07, 2024
Korean auto, battery firms buckle up for second Trump term

Korean automakers and battery-makers now face the daunting task of coping with a second Donald Trump administration, as they try to prepare various measures to weather the storm of uncertainties expected from the next president of the United States. Throughout his election campaign, Trump has open...
November 07, 2024
Tata Daewoo rebranded for EV shift

By Moon Joon-hyun ( mjh@heraldcorp.com )
November 06, 2024
Renault Korea CEO awarded Industrial Service Medal

Renault Korea CEO Stephane Deblaise has been awarded the Industrial Service Medal from the Korean government in recognition of his leadership in successfully launching the Grand Koleos, the French automaker's new sports utility vehicle codenamed Aurora 1. According to Renault Korea on Wednesday, D...
November 05, 2024
Kia’s new Sportage gets all-around upgrade

By Kan Hyeong-woo ( hwkan@heraldcorp.com )
November 05, 2024
Q3 sees mixed fortunes for Korean tire makers amid higher shipping costs

Looking ahead, all three companies are planning to expand their overseas production to mitigate these logistical costs. Hankook is expanding its plant in Tennessee, as well as its facility in Hungary, which serves the European market. Kumho is ramping up production at its plant in Vietnam, aiming t...
November 04, 2024
SK On reports first-ever profit in Q3

SK On, SK Innovation’s battery subsidiary, reported its first-ever quarterly profits in the third quarter of this year after years of operating losses since it spin off in 2021. During its earnings conference call on Monday, the battery maker reported an operating profit of 2.4 billion won ($1.8 ...
November 04, 2024
[From the Scene] A rare glimpse into Mercedes' data-driven battery assembly

“Helium is expensive, but it’s the best option for this type of test,” Frosch said. The result of this rigorous testing? Less than 1 percent of batteries produced here have any detectable defect, according to Mercedes-Benz. Once the batteries pass their final inspections, they’re serialized an...
November 03, 2024
Korean battery makers brace for impact of US election

With the US presidential election just around the corner, Korean battery companies are bracing for change as the result could have significant effects on the industry, particularly if Republican candidate Donald Trump wins. Korea’s leading battery producers -- LG Energy Solution, Samsung SDI and ...
October 31, 2024
Hyundai renews hydrogen vision with more advanced Initium SUV

Hyundai Motor on Monday introduced a concept version of Initium, a hydrogen fuel-cell sport utility vehicle, adding a new chapter to its 27-year commitment toward renewable energy solutions. “The new addition to the hydrogen-powered SUV lineup will debut next year,” said Chang Jae-hoon, presiden...
October 31, 2024
[From the Scene] Crash-tested, fire-proofed: Mercedes shows Korea how it keeps EVs safe

Despite all this testing, Mercedes finds itself facing a challenging PR situation. The fire incident in August is still unsettling since the car had been stationary for 59 hours without any external shock. It has led many Korean consumers to question EV safety, particularly the risk of “spontaneou...
October 31, 2024
Touareg drives Volkswagen’s push into Korea’s premium SUV market

Travel Assist provides semi-autonomous driving support, combining adaptive cruise control and lane-keeping functions for a smoother, less tiring drive. The Proactive Occupant Protection System monitors potential accident risks and can automatically tighten seatbelts or adjust seats to better protec...
October 31, 2024
Bentley’s fastest luxury coupes arrive in Korea with hybrid power

The new Continental GTC Speed is a convertible with a soft-top roof that opens or closes in 19 seconds at speeds of up to 48 kph. The GTC Speed essentially offers the power and luxury of the GT Speed with the added pleasure of open-air driving. With the GT Speed and GTC Speed now in Korea, Bentley...
October 30, 2024
Samsung SDI-Stellantis JV to start US production in December

Samsung SDI unveiled details on its first electric vehicle battery production in the US in partnership with Stellantis and General Motors during its third-quarter earnings announcement Wednesday. “The joint venture with Stellantis, Starplus Energy, marks Samsung SDI’s first foray into battery ce...
October 30, 2024
LG Chem ups automotive adhesives business

LG Chem, South Korea’s leading chemicals company, is ramping up its automotive adhesives business as the rising market for electronic components in vehicles is expected to fuel demand. On Wednesday, LG Chem announced it had secured a deal to supply its heat-dissipating adhesives to a US-based ele...
October 30, 2024
[KH Explains] How LG Energy Solution’s bold bet paid off with Tesla, Mercedes deals

Cylindrical 4680 batteries, named for their 46-millimeter diameter and 80-millimeter height, are hailed as a pivotal advanced battery technology in electric vehicles due to enhanced energy storage capacity and power output. Tesla, a trailblazer in the EV industry, gained acclaim with its affordable...

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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