Joon Hyun Moon

Apr 17, 2024 | koreaherald.com | Joon Hyun Moon

Traditionally dominated by Japanese manufacturers like Toyota and Honda, the hybrid vehicle sector is now seeing renewed interest from global automakers looking to improve profitability among slowing electric sales. Among them, Hyundai Motor Group stands out as one of the few key competitors with robust full-hybrid electric vehicle technology.

Apr 16, 2024 | koreaherald.com | Joon Hyun Moon

The evolution of Renault's diamond-shaped "losange" emblem since 1925. (Renault Korea)Renault Korea on Tuesday outlined a brief history of its iconic “losange” emblem, revisiting its evolution following the company's rebranding earlier this month. The rebranding replaced the "storm’s eye" logo used exclusively by its Korean branch since 2000 with Renault's original diamond-shaped losange emblem.

Apr 15, 2024 | koreaherald.com | Joon Hyun Moon

Doosan Robotics has teamed up with LG Electronics to test an automated electric vehicle charging system that uses its advanced collaborative robots to streamline the EV charging process. This system combines LG’s 100-kilowatt fast chargers with Doosan’s high-dexterity collaborative robotics tech to replace the manual process of handling bulky charging cables that drivers often find cumbersome.

Apr 15, 2024 | koreaherald.com | Joon Hyun Moon

BMW Group Korea said on Monday that in 2023, BMW Group’s global spending on parts sourced from Korean suppliers totaled approximately 6.53 trillion won ($4.72 billion), surpassing its own sales figures within the country for that year. The global group’s procurement from Korean suppliers increased by 25 percent compared to 2022, and even exceeded the Korean branch’s sales revenue, which was around 6.10 trillion won last year.

Apr 14, 2024 | koreaherald.com | Joon Hyun Moon

Korea, home of the world’s third-largest automaker, Hyundai Motor Group, finds itself at a critical juncture as the rise of Chinese-made electric vehicles in the domestic market poses a complex challenge: how to protect national interests while embracing the inevitable shift toward electrification. Unlike the United States and the European Union, which perceive Chinese EVs as a grave security threat, experts argue Korea should adopt a more nuanced regulatory strategy.