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Hyundai Motor to Host Developer Conference to Expand Vehicle Application Ecosystem

Hyundai Motor to Host Developer Conference to Expand Vehicle Application Ecosystem

SEOUL, Feb. 24 (Korea Bizwire) — Hyundai Motor Group said Monday that it will host a software developer conference next month in Seoul as part of efforts by the automotive giant to transition to a software-defined vehicle manufacturer and expand its application ecosystem. The Pleos 25 conference will be held at COEX in southern Seoul [...]

HD Hyundai Tests Hydrogen Truck Engine in Subzero Conditions

HD Hyundai Tests Hydrogen Truck Engine in Subzero Conditions

SEOUL, Feb. 21 (Korea Bizwire) — HD Hyundai Infracore announced on February 20 that it has successfully completed cold-weather performance testing of its 11-liter hydrogen engine (HX12) in collaboration with Tata Daewoo Mobility. The tests were conducted from February 4 to 14 in Daegwallyeong, Gangwon Province.  The testing program evaluated the hydrogen-powered engine’s performance in temperatures [...]

Kia EV3 Named South Korea’s 2025 Car of the Year

Kia EV3 Named South Korea’s 2025 Car of the Year

SEOUL, Feb. 21 (Korea Bizwire) — The Kia EV3, a compact electric SUV, has been awarded the title of ‘2025 Car of the Year’ by the Korea Automobile Journalists Association (KAJA), marking a significant milestone for Kia’s push toward the mass adoption of electric vehicles. KAJA, comprising 59 media outlets across newspapers, television, radio, and [...]

LG Electronics Invests in U.S. Mobility Software Startup Apex.AI

LG Electronics Invests in U.S. Mobility Software Startup Apex.AI

SEOUL, Feb. 21 (Korea Bizwire) — LG Electronics Inc. has invested in Silicon Valley-based mobility software startup Apex.AI as part of its broader plans to expand collaborations with software providers in the artificial intelligence (AI) era, the U.S. company said Friday. “LG Electronics, a global innovator in technology and consumer electronics, including vehicle solutions, has [...]

Hyundai Motor’s 1st Foreign CEO Sees Quality, Differentiation as Key to Growth

Hyundai Motor’s 1st Foreign CEO Sees Quality, Differentiation as Key to Growth

SEOUL, Feb. 21 (Korea Bizwire) — Jose Munoz, the first foreign chief executive officer (CEO) of Hyundai Motor Co., has underscored high-quality products and differentiated strategies as keys to growth, the company said Friday. Munoz shared his strategic vision for the company in a town hall meeting with 15,000 employees at its Namyang R&D Center, [...]

Uber Launches Business Travel Service in South Korea Amid Expansion Efforts

Uber Launches Business Travel Service in South Korea Amid Expansion Efforts

SEOUL, Feb. 20 (Korea Bizwire) — Uber has introduced its corporate mobility service, Uber for Business (U4B), in South Korea, aiming to enhance business travel efficiency with seamless expense management and ride-hailing solutions. At the ‘Uber Taxi Connect Day’ event in Seoul on February 20, Uber outlined its business strategy for the year, including the launch [...]

South Korea’s Auto Industry on Edge as Trump Floats 25% Tariff on Imports

South Korea’s Auto Industry on Edge as Trump Floats 25% Tariff on Imports

SEOUL, Feb. 19 (Korea Bizwire) — South Korea’s auto industry is bracing for potential turmoil after U.S. President Donald Trump suggested imposing a 25% tariff on imported cars, a move that could significantly impact Korean automakers’ competitiveness in the American market. Trump’s comments on February 18 sent shockwaves through the industry, which had previously anticipated a [...]

Samsung SDI Develops Thermal Propagation Prevention Technology for EV Batteries

Samsung SDI Develops Thermal Propagation Prevention Technology for EV Batteries

SEOUL, Feb. 19 (Korea Bizwire) —  Samsung SDI has completed the development of a breakthrough technology designed to prevent thermal propagation, a key cause of electric vehicle (EV) battery fires, and is now preparing for commercialization. According to Samsung SDI’s newsroom announcement on February 18, the company has finalized the commercialization review for its ‘No-Thermal Propagation’ [...]