Korean battery makers rethink Europe strategy as China gains ground
With Chinese suppliers nearing 60% market share, Korean battery trio shifts toward mass-market chemistries, region-specific products to stay competitive.
Byun Hye-jin
South Korea’s defence exports triple in Middle East over past 5 years: report
A recent report noted that escalating geopolitical instability in the region — accelerated by a series of armed conflicts, including the Israel-Hamas war since 2023 and the…
Hyundai bets on Nvidia to reboot its autonomous driving ambitions
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…
Hybrid boom offsets EV slump in Korea’s auto market
From January to September, a highlight of Hyundai Motor Group’s new launches was the All-New Palisade, the first revamped version of the large SUV in six years.
North Korean leader Kim Jong-un hails Russian President Putin as ‘closest comrade’ in birthday message
Sources noted that Mr Kim’s message highlighted the close personal rapport between the two leaders, reflecting the strengthening political and military ties between Pyongyang…
South Korean President Lee pledges ‘unwavering’ commitment to improving people’s lives
President Lee’s reference to “giving my liver and gall” in an Instagram post, comes from a Korean idiom expressing a willingness to make any sacrifice for a greater cause.
Hyundai Motor braces for overhaul as US tariffs reshape export strategy
The impact seems particularly challenging for the Korean auto giant, forcing a fundamental overhaul of its US strategy, including price adjustments and relocation of production…
Tesla’s US battery ramp-up opens doors for Korean material suppliers
As electric vehicle juggernaut Tesla urges longtime battery partner Panasonic to accelerate production in the US, Korean are poised to take the spotlight as key material suppliers…
US President Trump’s 145% tariff on Chinese batteries opens door for Korean rivals
On April 10, the White House said that the 125 percent tariffs on Chinese imports would rise from 34 percent to 125 percent, on top of an existing 20 percent tariff.
GM Korea CEO dismisses exit rumors amid looming US tariffs
According to GM Korea on Wednesday, Villarreal held a 20-minute online meeting with office staff — his first public remarks addressing speculation about the company’s possible…