All new commercial vehicles from Hyundai Motor and Kia such as buses and heavy duty trucks will be fuel cell and battery-driven electric vehicles (EVs) from now on, the company announced Tuesday.
Hyundai Motor announced its carbon neutrality goals during a press event held in Munich, Germany, ahead of the 2021 International Motor Show, which begins Tuesday.
SK Geo Centric has joined forces with Yeonggwang, South Jeolla-based micro electric vehicle (EV) maker Cevo Mobility to cooperate on developing lightweight materials that can be used in making small EVs, the company said Friday.
K Materials said Tuesday it is forming a joint venture with U.S.-based anode material manufacturer Group14 Technologies to get more involved in the battery materials business.
SK Innovation will get a 90 million euros ($106.2 million) subsidy from the Hungarian government for its second electric vehicle (EV) battery plant, the company said Sunday.
Tesla rules Korea’s electric vehicle (EV) market, accounting for 43 percent of all passenger EVs sold in the first half of this year.
SK Innovation said Thursday it is considering spinning off its battery business and listing it in the U.S.
Exports of eco-friendly vehicles by Korean automakers jumped by 47 percent in the first four months of 2021 on year on strong demand for hybrids.
Hanwha Defense has joined the U.S. Army's competition to supply new optionally manned fighting vehicles (OMFV) to replace the Reagan-era M-2 Bradley Fighting Vehicle, the company confirmed on Thursday.
Korean companies are hoping to gain significant share in the light emitting diode (LED) business and the opportunity is in electric vehicles (EVs).