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1 month ago | 
pulse.mk.co.kr | Kim Dong-eun |Ji Hong-gu |Han Yubin
More than six out of 10 electric businesses in South Korea’s Gyeonggi Province and Incheon Metropolitan City have been imported from China over the past three years, latest data showed on Sunday. According to data obtained by People Power Party Representative Kim So-hee from the Ministry of Environment, 43.8 percent of the 8,505 electric buses supplied across Korea between 2022 and 2024 were Chinese imports.
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2 months ago | 
pulse.mk.co.kr | Kim Dong-eun |Han Yubin
Hyundai Motor Group Executive Chairman Euisun Chung and General Motors (GM) Chair and Chief Executive Officer Mary Barra are expected to meet in the United States in September, reflecting their strong partnership.
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2 months ago | 
pulse.mk.co.kr | Kim Dong-eun |Han Yubin
GM Korea Co. opened a new service center in Yeongdungpo District, western Seoul, on Tuesday, which will handle regular maintenance and repairs for vehicles. GM Korea unveiled the newly-built service center for the first time on Tuesday. The center, which completed construction in July last year, is an eight-story building with three basement levels. Five of these floors are fully dedicated to servicing Chevrolet, Cadillac, and GMC vehicles.
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2 months ago | 
pulse.mk.co.kr | Kim Dong-eun |Han Yubin
South Korean automaker Hyundai Motor Co. will construct a hydrogen fuel cell plant inside its industrial complex in Ulsan metropolitan city. The new plant will produce hydrogen cells to power NEXO, the automaker’s hydrogen-powered car, and other hydrogen vehicles, including buses and trucks. The facility will feature next-generation hydrogen cell production, combining stack manufacturing and assembly inside a single factory.
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Mar 5, 2025 | 
pulse.mk.co.kr | Jeong Ji-seong |Kim Dong-eun |Han Yubin
South Korean companies are now taking measures in response to U.S. President Donald Trump’s new 25 percent tariffs on imports from Mexico and Canada, which took effect on Tuesday. More than 200 South Korean firms, including Kia Corp., Samsung Electronics Co., and LG Electronics, run production facilities in Mexico, with a substantial share of their exports destined for the United States.
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Feb 28, 2025 | 
pulse.mk.co.kr | Kim Dong-eun |Han Chang-ho |Han Yubin
South Korea’s automaker Kia Corp showcased its new electric vehicles for the first time in Europe, focusing on affordability and performance to compete as Chinese EVs gain popularity in the region. At Kia EV Day at the Tarraco Arena, Spain, the automaker unveiled three new models: the Kia EV4, the Kia PV5, and the EV2 Concept. The EV4, a mid-size electric sedan designed specifically for the European market, will also be available in a hatchback format.
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Feb 28, 2025 | 
pulse.mk.co.kr | Kim Dong-eun |Han Yubin
South Korea‘s Nexen Tire Corp. announced on Thursday that it has developed high-performance tennis shoes in collaboration with French sportswear brand Le Coq Sportif. Tennis shoes require exceptional wear resistance and grip to accommodate rapid direction changes. The requirements are similar to the demands on electric vehicle (EV) tires, which must endure heavy loads and high torque.
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Feb 27, 2025 | 
pulse.mk.co.kr | Kim Dong-eun |Han Yubin
An advanced communication technology jointly developed by South Korea’s Hyundai Motor Co. and Samsung Electronics Co. will be installed in Hyundai Motor’s smart factory. According to Hyundai Motor on Wednesday, it has successfully completed the demonstration of 5G Private Network RedCap technology that began in January with Samsung Electronics.
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Feb 25, 2025 | 
pulse.mk.co.kr | Chu Dong-hun |Kim Dong-eun |Han Yubin
South Korean auto giant Hyundai Motor Group and tech giant Samsung Group will join forces to develop high-performance batteries for robots. The collaboration marks an expansion of the battery partnership between the two conglomerates, following Hyundai Motor Co.’s announcement in 2023 that it would use Samsung SDI Co. batteries for its next-generation electric vehicles. Hyundai Motor and Kia Corp.
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Feb 18, 2025 | 
pulse.mk.co.kr | Kim Dong-eun |Jeong Ji-seong |Park Seung-joo |Han Yubin
South Korean conglomerates that manufacture steel, batteries, and vehicles are on high alert as all three key exports face uncertainty over U.S. President Donald Trump’s tariffs. As part of their effort to mitigate the tariff ramifications, Korean business giants are working swiftly to develop strategies and tap into their connections with the U.S. government.
