SEOUL, Dec. 4 (Korea Bizwire) — Song Chang-hyeon, head of Hyundai Motor Group’s Advanced Vehicle Platform (AVP) division and chief executive officer (CEO) of the group’s software research arm 42dot, has tendered his resignation amid a lack of progress in next-generation vehicle technologies, industry sources said Thursday. In a message sent to 42dot employees on [...]
SEOUL, Dec. 4 (Korea Bizwire) — LG Electronics convened a workshop in Seoul on Thursday with the Eclipse Foundation and major global automakers to accelerate the development of open-source software for software-defined vehicles (SDVs), part of the company’s broader push to expand its automotive solutions business. The event — the Eclipse SDV Community Meetup — brought [...]
SEOUL, Dec. 4 (Korea Bizwire) — Global electric-vehicle registrations topped 17 million in the first ten months of 2025, rising 25.5 percent from a year earlier despite widening divergences in regional demand and policy environments, according to new data released Wednesday by market research firm SNE Research. Worldwide EV sales — including plug-in hybrids — reached [...]
SEOUL, Dec. 3 (Korea Bizwire) — Korean Air Co. and Hyundai Rotem Co. said Wednesday they will jointly develop a reusable 35-ton-class methane rocket engine — a core technology for next-generation launch vehicles — by October 2030 under a government-backed 49 billion-won (US$33 million) program. Under the program, overseen by the Korea Research Institute for [...]
SEOUL, Dec. 3 (Korea Bizwire) — South Korea’s Hyundai Motor Group said Wednesday it has unveiled its first mass-produced mobility robot platform, designed for various industrial and everyday applications, at a major robotics exhibition in Japan. The group, whose major affiliates include Hyundai Motor Co. and Kia Corp., showcased the Mobile Eccentric Droid (MobED) at [...]
GOYANG, Dec. 2 (Korea Bizwire) — Korea Aerospace University (KAU) announced Monday that its research team has successfully completed what it says is the world’s first solar-powered UAV flight test on the Antarctic continent, marking a milestone for autonomous aviation in extreme environments. The test flights, conducted Nov. 8–17 near South Korea’s Jang Bogo Station with [...]
JEJU, Dec. 2 (Korea Bizwire) — South Korea took a major step toward expanding its private-sector space industry on Tuesday as Hanwha Systems opened the nation’s largest commercial satellite manufacturing complex on Jeju Island. The new Hanwha Jeju Space Center, located in Seogwipo’s Hawon Techno Campus, spans 30,000 square meters—roughly the size of four soccer fields—and [...]
SEOUL, Dec. 2 (Korea Bizwire) — Arirang 7, South Korea’s multipurpose satellite, has successfully communicated with a ground station after lifting off from a space center in South America, the country’s space agency said Tuesday. Also known as the Korea Multipurpose Satellite 7, the satellite made contact with Russia’s Antarctic ground station at 3:30 a.m. [...]
SEOUL, Dec. 1 (Korea Bizwire) — South Korea’s five major automakers reported another month of declining global sales in November, underscoring continued weakness in both domestic demand and overseas markets amid a broader economic slowdown. Hyundai Motor, Kia, GM Korea, Renault Korea and KG Mobility sold a combined 668,991 vehicles worldwide last month, down 3.9 percent [...]
SEOUL, Dec. 1 (Korea Bizwire) — Tesla is accelerating its push into South Korea, leveraging lower-cost China-made vehicles and a new supervised version of its Full Self-Driving system to rapidly expand its presence in one of the world’s most competitive electric-vehicle markets. Tesla Korea sold 47,941 vehicles from January through October, up 61.1 percent from a [...]