SEOUL, March 5 (Korea Bizwire) — Trial operations of self-driving freight trucks can now be conducted on all highways in South Korea, which could lead to the start of long-haul autonomous commercial logistics services nationwide in the future, the government said Wednesday. The Ministry of Land, Infrastructure and Transport said it has expanded the country’s [...]
MOSCOW, March 4 (Korea Bizwire) — Should economic sanctions against Russia be lifted, South Korea’s Hyundai and Kia are expected to be the first foreign automakers to resume operations in the country, according to Russian industry experts. In an interview with TASS News Agency on March 4, Maxim Kadakov, editor-in-chief of Russian automotive magazine Za Rulem, [...]
SEOUL, March 4 (Korea Bizwire) — Song Ho-sung, president and chief executive officer (CEO) of Kia Corp., on Tuesday expressed confidence in turning increasing global trade and business uncertainties for the South Korean automaker into opportunities for further growth. In a letter to shareholders published on Kia’s website, Song assessed that the globalization trend of [...]
SEOUL, March 2 (Korea Bizwire) — Chinese electric vehicle giant BYD is facing significant roadblocks in its South Korean expansion, with the launch of its first model, the Atto 3, delayed due to unresolved subsidy approvals. The setback has frustrated consumers who had pre-ordered the vehicle expecting deliveries last month. Industry observers suggest that BYD, struggling [...]
SEOUL, Feb. 28 (Korea Bizwire) — Jose Munoz, president and chief executive officer (CEO) of South Korea’s leading carmaker Hyundai Motor Co., has been named the most influential figure in the global automotive industry by U.S. automotive publication MotorTrend, its website showed Friday. The publication named Munoz as the 2025 MotorTrend Person of the Year, [...]
SEOUL, Feb. 28 (Korea Bizwire) — KG Mobility Corp. said Friday the Rexton Sports, the company’s pickup truck model, has been named the best pickup truck of 2025 by Australian automotive publication Drive. Drive praised the model, which is exported under the name Musso, for its build quality, its long list of standard features, and [...]
Tarragona, Spain, Feb. 27 (Korea Bizwire) — Kia and Samsung Electronics have announced a strategic partnership to integrate Samsung’s AI-powered Internet of Things (IoT) platform, SmartThings Pro, into Kia’s purpose-built vehicles (PBVs). The collaboration, unveiled at the 2025 Kia EV Day event in Tarragona, Spain, on February 24, aims to enhance business automation for commercial [...]
Tarragona, Spain, Feb. 27 (Korea Bizwire) — Kia has introduced its first purpose-built vehicle (PBV), the PV5, as part of its strategy to lead in customized mobility solutions. Designed for passenger transport, cargo delivery, and wheelchair accessibility, the PV5 offers a highly adaptable interior, making it suitable for various specialized applications, including camping and refrigerated transport. [...]
SEOUL, Feb. 26 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it has joined hands with Hyundai Motor Co. to integrate its fifth-generation (5G) private network solutions with the carmaker’s advanced vehicle manufacturing facilities. The two companies recently completed the end-to-end Reduced Capability (RedCap) trial over a private 5G network and will showcase the technology [...]
SEOUL, Feb. 25 (Korea Bizwire) — The cumulative number of hybrid vehicles registered in South Korea surpassed 2 million for the first time last year, government data showed Tuesday. The total number of registered hybrid vehicles in the country reached 2,024,481 as of the end of 2024, exceeding the 2 million mark for the first [...]