Industry
On the 25th of last month, Kim Se-min (36), the eldest son of Lee Soo-geun, chairman of ISU Group, was promoted to president of ISU Holdings, sparking speculation about the commencement of 'third-gene...
An opinion piece published in a U.S. think tank's journal noted that cooperation with ally South Korea is essential for the rebuilding of the U.S. shipbuilding industry and navy. It also mentioned tha...
Kolon Industries is expanding its automotive materials business and accelerating its efforts to penetrate the global market. Kolon Industries launched a new division in January that consolidates its c...
With the shipbuilding industry enjoying a boom, small and medium-sized shipyards and shipbuilding equipment corporations are pushing for initial public offerings (IPOs). They believe it is a moment wh...
The 2025 New York International Auto Show, celebrating its 125th year, is being held at the Jacob K. Javits Convention Center in New York, USA. Most of the 30 automobile companies participating in the...
The Ministry of SMEs and Startups and the Korea Small and Medium Enterprises Agency (KOSME) announced on the 17th that they have conducted three bids for performance services related to the '2025 Onli...
HD Hyundai XiteSolution announced on the 17th that it has received an order for 22 units of 3.5-ton (t) hydrogen fuel cell forklifts from the Korea Institute of Construction Equipment. This is interpr...
China's Ningde Amperex Technology Co., Ltd. (CATL), the world's largest battery corporation, established its Korean subsidiary in January this year. CATL, a leader in the battery market for electric v...
CJ Logistics announced on the 17th that it has signed a memorandum of understanding (MOU) with Rainbow Robotics, a robotics platform corporation, to develop and commercialize artificial intelligence (...
Hanwha Aerospace is taking steps to train local personnel to operate its production facility in Romania. Last year, Hanwha Aerospace signed a $1.4 trillion supply contract with Romania, which included...
Toyota Korea will actively expand its motorsport activities starting with the '2025 O-NE Super Race Championship' on April 19. From this season, the name of the top class in the competition will be ch...
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The Kia EV3, which swept the grand award from organizations such as the Korea Automobile Journalists Association and the Korean Automobile Press Association, has also made an impact on the global stag...
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Hyundai Motor introduced "The all-new Palisade" to the North American market for the first time at the 2025 New York International Auto Show held on the 16th at the Jacob Javits Convention Center in N...
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Korea Aerospace Industries (KAI) announced on the 17th that the United Arab Emirates (UAE) Air Force's Air Defense Commander and his delegation visited the headquarters to inspect the major aircraft p...
The Bosch Mobility Aftermarket division of Bosch, a global supply corporation leading in technology and services, is proposing healthy automobile indoor air management methods through its Facebook and...
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On the 16th, luxury car brand Cadillac unveiled the luxurious full-size SUV 'The New Escalade' in the country. Sales will also begin. The Escalade, which has evolved since the launch of the first gene...
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Hyundai Motor and Kia unveiled strategic models at the 2025 New York International Auto Show (New York Auto Show), the oldest automotive exhibition in the United States, as they seek to expand their m...
Hyundai Motor Group is holding an executive meeting in the U.S. under the leadership of CEO Jose Munoz to reassess its mid- to long-term business strategy in response to U.S. President Donald Trump's ...
U.S. President Donald Trump triggered a tariff war, yet Hyundai Motor Group showcased its determination to penetrate the North American market by setting up a large exhibition hall at the 2025 New Yor...
Tesla Korea launched the new Model Y earlier this month, but complaints have been pouring in from consumers even before the vehicle deliveries. This is because, although they accepted pre-orders for t...
The "World Car of the Year is Kia EV3" On the 16th (local time) at 9 a.m., a cheer erupted when Kia EV3 was announced as the 'World Car of the Year' at the 2025 World Car Awards held at the Jacob Javi...
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