SEOUL, Nov. 28 (Korea Bizwire) — Hyundai Motor Group will roll out South Korea’s first vehicle-to-grid (V2G) pilot service next month on Jeju Island, enabling electric vehicles to function as energy resources by sending stored electricity back to the grid, the company announced Friday. The pilot project stems from a partnership Hyundai signed in September with [...]
SEOUL, Nov. 28 (Korea Bizwire) — South Korea has created an interministerial task force to spearhead the development of an advanced aircraft engine for its next-generation fighter jets, an effort aimed at joining the small group of nations capable of producing such high-end defense technology, government officials said on Friday. The new body brings together [...]
GOHEUNG, Nov. 27 (Korea Bizwire) — The successful fourth launch of South Korea’s Nuri rocket has renewed attention on the Naro Space Center in Goheung, South Jeolla Province — the country’s first and only launch site, and the core of its rapidly expanding space ambitions. Opened in 2009 on Oenarodo Island, the Naro Space Center serves [...]
GOHEUNG, South Korea, Nov. 27 (Korea Bizwire) — South Korea’s homegrown space ambitions took another decisive step forward early Thursday, when its Nuri rocket rose from a seaside launchpad on the nation’s southern coast and carried 13 satellites into orbit — a predawn ascent that officials hailed as a milestone for the country’s growing private-sector space ecosystem. [...]
SEOUL, Nov. 27 (Korea Bizwire) — Kia said Thursday that its PV5 passenger model has been named “Family Car of the Year” at the 2026 TopGear Awards, marking the first time a van—rather than an SUV or sedan—has won the category from the influential British automotive magazine. The annual awards evaluate newly released global models [...]
MUAN, Nov. 27 (Korea Bizwire) — South Jeolla Province is celebrating a wave of high-profile successes — from attracting global data centers and fusion research facilities to the successful launch of the Nuri rocket — cementing its ambitions to become South Korea’s “energy capital.” Early Thursday morning, the country’s first privately built Nuri (KSLV-II) rocket lifted [...]
SEOUL, Nov. 25 (Korea Bizwire) — Seoul police announced on Tuesday that they will carry out an unannounced, citywide crackdown on traffic violations by motorbikes, bicycles and personal mobility devices such as electric scooters, amid rising safety concerns and a surge in related accidents. The Seoul Metropolitan Police Agency said it will deploy 354 officers from [...]
SEOUL, Nov. 25 (Korea Bizwire) — Hyundai Motor Group has signed a memorandum of understanding (MOU) with Michelin Corp. to accelerate their partnership in next-generation tire technology development, extending their ties first established through previous MOUs in 2017 and 2022, the automaker said Tuesday. Under the new three-year MOU, the two companies will seek joint [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korea will gain new regional air links to the United Arab Emirates under a fresh aviation agreement reached on the sidelines of an international transport conference, the government said Sunday, marking a significant expansion of routes between the two countries. At the International Civil Aviation Organization’s Air Services Negotiation [...]
SEOUL, Nov. 24 (Korea Bizwire) — Genesis, the luxury marque of Hyundai Motor Group, has been named the “Best Luxury Brand” by U.S. News & World Report, the company said Sunday, marking a major milestone as it continues to elevate its global profile. The recognition comes as the American media outlet announced winners across six categories—luxury, [...]