A small red and white bus stops in front of the student center at Korea University’s Sejong Campus on Wednesday.
Hyundai Motor Group and LG Chem will collaborate on a system to recycle used electric vehicle (EV) batteries under regulatory approval granted by the Ministry of Trade, Industry and Energy on Monday.
Volkswagen Korea aims to “popularize” import cars for local consumers by selling them for less, starting with its latest Jetta sedan.
Incheon International Airport said it is operating a trial run for the indoor autonomous vehicles, the first airport in the world to do so.
Posco International is collaborating with domestic automobile parts manufacturer AMS to supply car parts to a Vietnamese automotive manufacturer VinFast for the company’s first electric vehicles.
The legal battle between Korean battery makers has reignited after an investigative organization within the U.S. International Trade Commission (ITC) on Friday indicated it was supporting LG Chem over SK Innovation in an ongoing patent lawsuit.
Hyundai Motor, Hyundai Engineering and Construction (Hyundai E&C), KT and the Incheon International Airport Corporation have agreed to work together on developing the airborne vehicle industry, with plans to launch flying cars by 2025.
A public offering for LG Chem’s battery subsidiary is at least a year away and won’t affect the petrochemical company’s controlling stake, LG Chem CFO Cha Dong-seok said Thursday.
The spinoff was approved by the board of directors Thursday and will be put up to a final vote at a shareholders meeting on Oct. 30. The plan is for the battery unit to become a new corporation tentatively named LG Energy Solution on Dec. 1.
General Motors’ electric vehicle (EV) strategy relies heavily on its technological partnership with Korean battery maker LG Chem, according to an online global roadshow held by Cadillac through Zoom on Sept. 4.