SEOUL, Feb. 17 (Korea Bizwire) — Kia Corp., South Korea’s second-largest carmaker, said Monday it will participate in the International Defence Exhibition & Conference (IDEX) 2025 in the United Arab Emirates this week, showcasing its non-passenger military vehicles. IDEX 2025, the Middle East’s largest defense industry trade show, is set to open on Monday (local [...]
SEOUL, Feb. 16 (Korea Bizwire) — South Korean mobility platform Tada has filed a lawsuit against Kakao Mobility, accusing the industry giant of unfair business practices that allegedly restricted competition and harmed Tada’s operations. According to the information and communications technology (ICT) sector on February 16, Tada’s parent company, VCNC, filed the damages suit last month [...]
SEOUL, Feb. 13 (Korea Bizwire) — Kia has lifted the curtain on its latest electric vehicle lineup, aiming to redefine the EV market with a bold new vision. Ahead of its annual “Kia EV Day,” set to take place later this month in Tarragona, Spain, the automaker released teaser images and videos of three upcoming models: [...]
SEOUL, Feb. 12 (Korea Bizwire) — Hyundai Mobis has developed a cutting-edge “Moving Speaker” system designed to work in sync with rollable displays in vehicle cockpits, the company announced on February 12. The system enhances in-car audio quality by adjusting speaker positioning to match various driving scenarios while also contributing to a more sophisticated interior design. [...]
SEOUL, Feb. 12 (Korea Bizwire) — Stellantis Korea has pledged to strengthen Peugeot’s position in the South Korean market by introducing improved new models and hybrid technology, signaling a fresh start for the struggling brand. At a press conference held in Seoul’s Gangnam district on February 11, Stellantis Korea CEO Bang Sil stated, “We want [...]
SEOUL, Feb. 11 (Korea Bizwire) – With the recent entry by China’s BYD Co. into South Korea’s passenger electric vehicle (EV) market, concerns have been raised over potential personal data leaks to China through the vehicles manufactured by the company, industry observers said Tuesday. The security risks of private data leaks to China emerged following [...]
SEOUL, Feb. 10 (Korea Bizwire) — Hyundai Motor Company is set to launch the Casper Electric Cross, a compact electric SUV, on February 11, 2025. The new model builds upon the existing Casper Electric, incorporating design elements that enhance its outdoor appeal. The front fascia features a cross radiator grille and a semi-gloss gray metallic skid [...]
SEOUL, Feb. 10 (Korea Bizwire) — Until the late 1990s, the gray uniforms of Daewoo Motors workers in Bupyeong, Incheon, were a symbol of pride. These “Daewoo men” were welcomed everywhere in town, representing not just local economic vitality but South Korea’s industrial might. That era came to an abrupt end when Daewoo Motors defaulted in [...]
SEOUL, Feb. 7 (Korea Bizwire) — BMW has introduced the latest iteration of its all-electric Sports Activity Vehicle (SAV), the ‘New iX,’ marking its global debut. The automaker announced the unveiling on February 7, highlighting significant advancements in power, design, and battery efficiency. The New iX, part of the BMW i sub-brand, incorporates the company’s latest [...]
SEOUL, Feb. 7 (Korea Bizwire) – Hyundai Motor Co. will temporarily suspend production of its Ioniq 5 and Kona Electric models, as weakening electric vehicle (EV) demand continues to impact sales, according to industry sources Friday. According to the sources, Hyundai Motor will halt operations of Line 12 at its Ulsan Plant 1 in South [...]