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South Korean Battery Makers Navigate Market Uncertainties Amid Global EV Slowdown

South Korean Battery Makers Navigate Market Uncertainties Amid Global EV Slowdown

SEOUL, Dec. 4 (Korea Bizwire) – As concerns mount over a prolonged drop in electric vehicle demand and potential impacts of Donald Trump’s potential return to the White House, South Korea’s battery manufacturers are adapting their strategies amid growing industry turbulence marked by EV plant closures and bankruptcies worldwide.  The country’s three major battery makers are [...]

Asiana Airlines Adjusts Carry-On Luggage Policy to Enhance Safety

Asiana Airlines Adjusts Carry-On Luggage Policy to Enhance Safety

SEOUL, Dec. 3 (Korea Bizwire) – Asiana Airlines announced that starting January 2, 2025, passengers will be required to stow their carry-on luggage in the overhead bins themselves, a policy change aimed at preventing injuries to both passengers and crew. Previously, flight attendants assisted passengers upon request, but frequent incidents of crew injuries, such as bruises [...]

Hyundai and Kia to Invest $7.1M in Indian Colleges for Battery and Automation Innovation

Hyundai and Kia to Invest $7.1M in Indian Colleges for Battery and Automation Innovation

SEOUL, Dec. 3 (Korea Bizwire) – Hyundai Motor Co. and its smaller affiliate, Kia Corp., said Tuesday they will launch a five-year joint project with three Indian colleges starting next year to develop battery and automation technologies. Hyundai and Kia set up the Hyundai Center of Excellence together with India’s three leading engineering colleges to [...]

Hyundai Triumphs in WRC, Eyes Le Mans with Genesis LMDh Ambitions

Hyundai Triumphs in WRC, Eyes Le Mans with Genesis LMDh Ambitions

SEOUL, Dec. 3 (Korea Bizwire) – Hyundai Motor Company has solidified its position in global motorsport by achieving significant milestones in the World Rally Championship (WRC) and setting its sights on endurance racing with the Genesis luxury brand.  The WRC, organized by the Fédération Internationale de l’Automobile (FIA), is one of the most demanding motorsport [...]

Genesis Unveils Design of Revamped Electrified GV70 SUV

Genesis Unveils Design of Revamped Electrified GV70 SUV

SEOUL, Dec. 2 (Korea Bizwire) — Genesis, Hyundai Motor Group’s independent luxury brand, on Monday revealed the design of its updated electrified GV70 SUV. The front features a new grille with a gradient design, showcasing a deeper shading effect that follows Genesis’ signature G-Matrix design pattern. The headlamps incorporate micro lens array technology to deliver [...]

Gov’t to Allow Trial-based Autonomous Highway Freight Transport, Expand Self-driving Test Zones

Gov’t to Allow Trial-based Autonomous Highway Freight Transport, Expand Self-driving Test Zones

SEOUL, Dec. 2 (Korea Bizwire) — Long-distance freight transport using autonomous vehicles will begin trial operations on highways as part of an initiative to promote self-driving technology, the transport ministry said Monday. The ministry said it designated six new autonomous vehicle test zones, including those on major highways and areas in the cities of Suwon, [...]

Hyundai Launches Avante N TCR Edition Inspired by Motorsport Excellence

Hyundai Launches Avante N TCR Edition Inspired by Motorsport Excellence

SEOUL, Dec. 2 (Korea Bizwire) – Hyundai Motor Co. announced on December 2 the release of the Avante N TCR Edition, a limited-edition model that incorporates the automaker’s expertise in motorsports. The “TCR” in the model name refers to the Touring Car Racing World Tour, a global competition for production-based race cars, in which Hyundai has [...]

South Korea’s Hybrid Car Registrations to Surpass 2 Million Milestone by Year-End

South Korea’s Hybrid Car Registrations to Surpass 2 Million Milestone by Year-End

SEOUL, Dec. 2 (Korea Bizwire) – Hybrid vehicle registrations in South Korea are projected to exceed two million by the end of this year, marking a significant milestone 16 years after their introduction to the domestic market in 2008. The surge in hybrid car adoption is also driving a broader shift toward eco-friendly vehicles, with [...]

South Korea Labor Ministry Rejects Seoul’s Proposal to Hire Foreign Drivers for Village Buses

South Korea Labor Ministry Rejects Seoul’s Proposal to Hire Foreign Drivers for Village Buses

SEOUL, Dec. 1 (Korea Bizwire) – In response to a proposal by the Seoul Metropolitan Government to allow foreign workers on E-9 non-professional employment visas to drive village buses, the Ministry of Employment and Labor announced it cannot accommodate the request under current regulations, citing safety and legal concerns. The ministry suggested the matter be addressed [...]