Samsung SDI-Stellantis JV to start US production in December

Samsung SDI unveiled details on its first electric vehicle battery production in the US in partnership with Stellantis and General Motors during its third-quarter earnings announcement Wednesday. “The joint venture with Stellantis, Starplus Energy, marks Samsung SDI’s first foray into battery cell manufacturing in the US,” said Son Michael, executive vice president of automotive & ESS business at Samsung SDI, during a conference call earlier in the day. “The initial p

Oct. 30, 2024

[Photo News] Ioniq 9 sneak peek

Hyundai Motor teases the Ioniq 9, their newest electric offering in the large sport utility vehicle market. The design is inspired by the smooth lines of a boat, slashing air resistance and boosting the SUV’s efficiency. The teaser hints at a flowing roofline for increased headroom and a silhouette that suggests a spacious cabin. Hyundai will fully reveal the Ioniq 9 next month. (Hyundai Motor Company)

Oct. 30, 2024

Busan adding longer-haul flights with Bali route to start Wednesday

Longer international flights are being added at Gimhae International Airport, starting with a new route to Bali, Indonesia, the Busan city government said Tuesday. Starting Wednesday, flights to Bali operated by Air Busan will take off four times a week from the Busan airport. This is the first regular flight longer than 5,000 kilometers to be scheduled from an airport outside Seoul and Incheon. Until now, the farthest destination served by Gimhae Airport was Singapore, around 4,600 kilometers f

Oct. 29, 2024

[KH Explains] How LG Energy Solution’s bold bet paid off with Tesla, Mercedes deals

Cylindrical 4680 batteries, named for their 46-millimeter diameter and 80-millimeter height, are hailed as a pivotal advanced battery technology in electric vehicles due to enhanced energy storage capacity and power output. Tesla, a trailblazer in the EV industry, gained acclaim with its affordable electric vehicles powered by these cost-effective small batteries, comparable in size to the AA batteries used in handheld devices. To produce bigger cylindrical cells that allow higher productivity

Oct. 29, 2024

Hyundai, rival carmakers urge US to delay Chinese tech ban

Global automakers, including Hyundai Motor, Toyota and General Motors, are urging the US government to delay new restrictions on Chinese-made parts used in connected vehicles. The proposed regulations, which aim to limit Chinese and Russian components in vehicles with advanced communication and autonomous driving features, are raising concerns not only among automakers but also from Mexico, where many companies affected by the rules have invested in production facilities. According to Reuters on

Oct. 29, 2024

Why Kia’s first pickup isn't debuting in US

Kia’s first-ever pickup, the Tasman, is unlikely to debut in the US, the world’s largest pickup truck market, largely due to lower profitability amid protectionist policies there. “We do not have plans to sell the Tasman pickups in the US because of the hefty tariffs imposed on Korea-made pickups under the free trade agreement between the two nations,” a Kia official told The Korea Herald at the Tasman’s media unveiling event in Seoul on Monday. The official also

Oct. 29, 2024

[Herald Interivew] Mercedes stands by Farasis batteries in EV fire scrutiny

STUTTGART, Germany -- Following a fire involving a Mercedes-Benz EQE electric vehicle in South Korea in August, executives are defending their use of batteries from Chinese supplier Farasis Energy, even as investigations continue to probe the cause of the incident. The August fire, which occurred in the basement of an apartment building in Incheon, has raised questions around the safety of the vehicle's battery cells and the automaker’s quality control practices. During an Oct. 21 med

Oct. 28, 2024

Mercedes-Benz raises Drive Pilot speed limit

Mercedes-Benz announced Monday that it is upgrading its automated driving system, Drive Pilot, allowing it to operate at speeds of up to 95 kilometers per hour on German motorways. The upgrade is expected to be available in early 2025, following this year’s anticipated approval from Germany’s Federal Motor Transport Authority. With this update, Drive Pilot will become the fastest Level 3 automated driving system in a production vehicle. The enhanced system will allow drivers to hand

Oct. 28, 2024

[Photo News] Passion for motorsports

Hyundai Motor and Toyota -- two of the world's largest automakers -- organized the Hyundai N x Toyota Gazoo Racing Festival at the Everland Speedway in Yongin, Gyeonggi Province, Sunday. The two companies said they aimed to offer an event to delight motorsports fans. The event featured driving performances by professional racers, an exhibition of high-performance vehicles from the two brands and opportunities to ride along on the racing track. In this photo, Hyundai Motor Group Executive Ch

Oct. 27, 2024

Kia logs record-high operating profit for 3Q

Hyundai Motor Group’s smaller affiliate Kia said Friday that it has posted 2.9 trillion won ($2.1 billion) in operating profit, marking the highest ever for a third quarter, despite mounting challenges in the automotive industry. The carmaker’s profit increased 0.6 percent from the same period last year, while its sales revenue surged 3.8 percent to 26.5 trillion won. The sales volume decreased 1.9 percent to 763,639 units, due to a temporary production hiatus from its two car manufa

Oct. 25, 2024

[From the scene] How a Mercedes plant is turning dead EV batteries into fresh materials

KEPPENHEIM, Germany -- A two-hour drive southwest of Mercedes-Benz’s Stuttgart headquarters, a new facility in the small town of Kuppenheim is poised to play a big role in the auto giant’s sustainability efforts. On Monday, brightly lit tanks, each glowing with a different hue, lined the walls of the 6,800-square-meter space, labeled with symbols for essential elements: lithium, nickel, cobalt and manganese. This is not a scene from a sci-fi movie, but a staged media presentation -

Oct. 24, 2024

[KH Explains] Tesla’s vague robotaxi vision may let Hyundai-Waymo narrow gap

Tesla’s recent unveiling of its Robotaxi prototype has generated some buzz, but the absence of critical details leaves room for competitors -- such as Hyundai Motor Group -- to potentially make up ground in the race toward autonomous vehicles. While Tesla remains a dominant force in electric vehicles and self-driving technology, its latest announcement raises as many questions as it does excitement. At the Tesla event named "We, Robot," held at Warner Bros. Studios in Burbank,

Oct. 23, 2024

Samsung SDI showcases next-gen battery lineup at mobility show

Samsung SDI said Wednesday it has showcased its battery lineup, ranging from the prismatic battery P6 to the next-generation all-solid-state battery, at the Daegu International Future Auto & Mobility Expo. The company’s all-solid-state battery for electric vehicles boasts an energy density of 900 watt-hours per liter with a cathode-free structure. It is known to be theoretically safer than conventional lithium-ion batteries that use flammable liquid electrolytes. It sent samples to cli

Oct. 23, 2024

[Hello India] Hyundai Motor makes landmark stock debut in India

Hyundai Motor India made a monumental debut on the Indian stock market, marking the largest initial public offering in India’s history and the first overseas subsidiary of a Korean company to go public in global markets. Hyundai Motor Group Executive Chair Chung Euisun and key executives, including Chang Jae-hoon, president and CEO of Hyundai Motor Company; Kim Un-soo, vice president of Hyundai Motor India; Tarun Garg, chief operating officer at Hyundai Motor India; and some 250 people fro

Oct. 22, 2024

Hyundai Motor chief vows full-support for India’s mobility innovation

Expanding its footing in India, the world’s third-largest automotive market, Hyundai Motor Group Executive Chair Chung Euisun met with Prime Minister Narendra Modi on Monday to explore ways to enhance cooperation and advance the country’s mobility industry. After expressing gratitude for the Indian government’s continuous support to Hyundai Motor, Chung said during the meeting held at the PM’s office in Delhi, India, “Hyundai Motor Group has operated a successful bu

Oct. 22, 2024

[From the Scene] Hyundai Motor offers sneak peek at software-driven manufacturing

UIWANG, Gyeonggi Province – Hyundai Motor Group on Monday unveiled its 200 key automotive solutions powered by artificial intelligence, big data and robotics, aimed at transforming the carmaker’s auto manufacturing plants from hardware-centered facilities to software-driven smart factories. “Like software-defined vehicles, which add functions and services through software updates, (auto) manufacturing bases can turn into agile and intelligent smart factories with data-based ope

Oct. 21, 2024

KG Mobility, China’s Chery to develop plug-in hybrids

KG Mobility, a South Korean sport utility vehicle maker, has teamed up with China’s Chery Automobile to co-develop a range of vehicles including plug-in hybrid cars to expand its global presence. According to a KG Mobility regulatory filing on Monday, the auto brand signed a platform technical license agreement with Chery Automobile on Friday to collaborate in areas as such the design and development of vehicles as well as car manufacturing and distribution. The deal includes sharing the i

Oct. 21, 2024

[Photo news] Double podium

Hyundai Motor said Monday that its racing teams picked up two wins at the 2024 World Rally Championship's 12th round of the Central European Rally and the 2024 TCR World Tour's sixth race in China over the past weekend. According to the automaker, Ott Tanak on Hyundai Motor's world rally team took the highest spot on the podium after he came out victorious with the brand's motorsports car i20 N Rally1 Hybrid. For the TRC race, Mikel Azcona on the BRC Hyundai N Squadra Corse w

Oct. 21, 2024

Hyundai Motor to make EV in India

Hyundai Motor Group said Sunday it is set to launch its first electric vehicle in India, the electrified version of its popular sport utility vehicle Creta, in January next year, solidifying its top-tier position in the fast-growing automotive market. The Creta EV will be produced at the carmaker’s manufacturing plant in Chennai, southern India, which started operations in 1998. The company has recently pushed sales of SUVs, with the face-lifted three-row Alcazar SUV hitting the market in

Oct. 20, 2024

[Photo News] Kia's design exhibition

Hyundai Motor Group said on Friday that it will hold an exhibition to showcase Kia's design philosophy, "Opposites United," in Seoul starting Saturday. The automaker previously held a similar exhibition under the same theme at the Milan Design Week in northern Italy in April this year, drawing about 15,000 visitors for its seven-day run. Kia plans to offer various performances by collaborating with numerous artists at the exhibition, which will be held at Space S1 in Seongsu-dong

Oct. 18, 2024