Hyundai Rotem scores record-setting W2.2tr train order in Morocco

Korean-made train double decker trains to bolster local public transportation for 2030 Word Cup Hyundai Rotem has clinched a 2.2 trillion won ($1.5 billion) train order contract with Morocco, marking the biggest single deal the company has ever secured. According to Hyundai Rotem on Wednesday, the company signed the agreement with the Moroccan National Railways Office on the previous day to supply double decker trains to the North African country. The double decker trains, which will have a top

Feb. 26, 2025

[Contribution] Key management systems: The next frontier in automotive cybersecurity

Automotive cybersecurity has become increasingly critical as vehicles process vast amounts of data, including sensor inputs, autonomous driving inputs and outputs, vehicle location and condition, and software updates. In response, a growing number of jurisdictions — including the European Union, Korea and China — are enacting cybersecurity laws that require automakers to comply with strict security standards to sell their vehicles in these markets. A modern vehicle contains hundreds of electroni

Feb. 25, 2025

Collaboration of industry giants: Hyundai, Samsung team up on batteries for robots

Korean chaebol groups join hands to power future of robotics Hyundai Motor and Samsung have joined hands to develop high-performance batteries for robots as Korea’s two leading conglomerates look to build upon their electric vehicle battery alliance and expand the robotics industry together. According to Hyundai Motor Company, Kia and Samsung SDI on Tuesday, the automakers and the battery maker signed a memorandum of understanding on the co-development of robot-dedicated batteries at Hyundai Mot

Feb. 25, 2025

Posco Future M to inject W489.4b into Canadian joint venture with GM

Posco Future M said Tuesday it plans to invest 489.4 billion won ($342 million) into Ultium Chem, its cathode materials joint venture with General Motors in Quebec, Canada, despite a slowdown in electric vehicle demand exacerbated by ongoing trade disruptions in North America. This funding will go through Posco Future Materials, its wholly-owned subsidiary in Canada, to construct a high-nickel cathode material plant with an annual capacity of 30,000 tons -- enough to power approximately 300,000

Feb. 25, 2025

Hyundai Motor to unveil new software brand Pleos next month

Hyundai Motor Group announced Monday that it will host a software developer conference, Pleos 25, next month to accelerate its transition to software-defined vehicles, or SDV, and secure its leadership in the ever-evolving digital mobility ecosystem. During the event, set to be held on March 28 at Coex in southern Seoul, the auto giant also plans to unveil its new software brand, Pleos, as well as the official website and platform for developers. The Pleos platform will offer developers access t

Feb. 24, 2025

Hyundai Motor joins battery race with new research center

Auto giant takes cue from China’s BYD, aiming for cost efficiency, upper hand in talks with battery suppliers Hyundai Motor Group is set to begin construction of its first dedicated battery research center in Anseong, Gyeonggi Province, as early as March, marking a significant step in developing its own electric vehicle batteries. According to industry sources on Monday, the auto giant has recently appointed a safety inspection agency for its Anseong facility construction project, code-named “Mo

Feb. 24, 2025

LG Energy Solution to show off 46-series battery lineup at InterBattery 2025

LG Energy Solution, the largest battery maker in Korea, announced Sunday that it would showcase its new lineup of 46-millimeter diameter electric vehicle battery cells at InterBattery 2025, Korea’s premier battery industry exhibition. The event will take place at Coex in southern Seoul from March 5-7. At the exhibition, LG Energy Solution will present its 4680 model, measuring 80 mm in length, a concept made public after Tesla announced in 2020 that it would use the battery cells in future car m

Feb. 23, 2025

Samsung SDI to focus on EV safety at InterBattery 2025

Korea's leading battery maker Samsung SDI aims to strengthen its leadership in prismatic electric vehicle batteries by showcasing advanced safety-enhancing technologies at InterBattery 2025, the largest battery industry exhibition in Korea. The annual event will take place at Coex in southern Seoul from March 5 to 7, featuring a record 640 companies from the global battery industry. Samsung SDI announced Sunday that it will highlight its commitment to safety by presenting innovations for its pri

Feb. 23, 2025

‘No imperfect product will reach the market’: Hyundai CEO pledges perfection

Hyundai Motor Company CEO Jose Munoz highlighted quality and safety as the company’s top priorities amid deepening uncertainties fueled by the second Donald Trump administration’s trade policies, along with a slowdown in the electric vehicle market. “Our foremost goal is to present deliver vehicles with the (advanced) technology and features customers desire, all while ensuring the highest quality and exceptional design,” said Munoz during his first town hall meeting on Thursday held at the Hyun

Feb. 21, 2025

Kia EV3 wins Korean car of the year

Korea Automobile Journalists Association selects EV3’s regenerative braking technology as top innovation of year The Kia EV3 has won the Korea Car of the Year award for 2025, the Korea Automobile Journalist Association said Thursday. According to the KAJA, the EV3 also earned two more awards -- electric vehicle of the year and innovation of the year. The car has a maximum driving range of 501 kilometers per charge and cutting-edge regenerative braking technology that allows acceleration, deceler

Feb. 20, 2025

Hyundai Motor to add tech, chip experts to board of directors

Hyundai Motor Company plans to appoint software and semiconductor experts to its board of directors next month, signaling a stronger focus on digital technology. The nation's leading carmaker announced Thursday that it will hold a general meeting of shareholders on March 20 to approve five board members. Among the candidates are Jin Eun-sook, head of Hyundai Motor’s Information and Communications Technology division, and Jim Doh, a former vice chair of Qualcomm Asia. Jin, a Hyundai executive vic

Feb. 20, 2025

Korean battery-makers brace for CATL’s European expansion

World’s No. 1 battery giant eyes $5b listing in Hong Kong to scale up Hungarian plant South Korean electric vehicle battery-makers are preparing for China’s CATL, the world’s leading EV battery producer, as it expands its presence in Europe’s clean mobility market. CATL is reportedly seeking a Hong Kong listing to raise at least $5 billion to fund its operations in Hungary. While the exact size of the deal remains undisclosed, a portion of the funds is expected to support a 7.3 billion euro ($7.

Feb. 20, 2025

LG Innotek drives growth in automotive semiconductor solutions

Korean electronic components manufacturer LG Innotek announced on Wednesday the launch of its automotive application processor module, designed to serve as the brain of in-car software. The AP module controls various electrical functions in smart vehicles, from advanced driver assistance systems to infotainment and digital cockpits, which have become essential in modern vehicle development. Aiming to begin mass production in the second half of this year, LG Innotek is actively promoting its AP m

Feb. 19, 2025

LG Energy Solution readies to start LFP battery production for ESS in US this year

Battery giant to inject W2tr as debt guarantee to fund ESS facilities at Michigan plant LG Energy Solution announced Wednesday that it will launch full-scale production of lithium iron phosphate batteries for energy storage systems in the US during the second half of this year. The expansion is backed by a 2 trillion won ($1.4 billion) debt guarantee to fund facility investments at its Michigan plant. Originally designed as a North American EV battery manufacturing base, the Michigan plant will

Feb. 19, 2025

Trump’s 25% tariff threat puts GM Korea at risk

More than 90% of GM's Korea-produced cars are exported to US, driven by cost competitiveness US President Donald Trump’s repeated warnings of 25 percent tariffs on auto imports have put General Motors Korea in a conundrum as the American automaker’s Korean production depends heavily on shipments to the US. Trump told reporters on Tuesday that he will “probably” announce the tariffs on auto imports on April 2, adding that the tariffs will be “in the neighborhood of 25 percent.” If Trump’s threat

Feb. 19, 2025