SEOUL, Nov. 26 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Thursday they are set to export over 100,000 electric vehicles this year on growing demand for environment-friendly cars. Hyundai and Kia shipped a combined 98,505 EVs from January to October, jumping 71 percent from 57,517 units during the same [...]
SEOUL, Nov. 25 (Korea Bizwire) — Despite China’s claim that the origin of kimchi is China, South Korean kimchi is dominating the tables of families around the world. Kimchi is a traditional Korean side dish made from salted and fermented vegetables, usually cabbage and radishes. According to the Ministry of Agriculture, Food and Rural Affairs, [...]
SEOUL, Oct. 28 (Korea Bizwire) — South Korea’s exports of air purifiers and other home cleaning appliances spiked in the first nine months of the year amid the coronavirus pandemic, data showed Wednesday. Outbound shipments of air purifiers shot up nearly 60 percent on-year to US$157 million in the January-September period, according to the data [...]
SEOUL, Oct. 21 (Korea Bizwire) — Exports of South Korean quarantine products to Africa have rocketed this year thanks to Seoul’s good handling of the coronavirus pandemic, data showed Wednesday. Shipments of diagnostic agents to 49 sub-Saharan countries stood at US$49.84 million in the first nine months of this year, about 25 times higher than [...]
SEOUL, Oct. 20 (Korea Bizwire) — South Korea said Tuesday it will lift the export ban on nonwoven fabrics this week that are used to produce protective masks as the domestic supply of the materials and masks stabilized. Under the decision, the country will lift the regulation that bans firms from exporting more than 15 [...]
SEOUL, Oct. 19 (Korea Bizwire) — South Korea’s exports of automobiles rebounded in September to snap a decline of five consecutive months on the back of improved shipments to North America, data showed Monday. Local carmakers shipped 193,081 units of cars overseas last month, up 14.8 percent from a year earlier, according to the data [...]
SEOUL, Oct. 8 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Thursday it aims to export 64,000 hydrogen-powered trucks by 2030 amid growing demand for environment-friendly vehicles. Hyundai Motor is at an initial state of selling its hydrogen fuel-cell commercial vehicles in global markets. In July, the company shipped 10 [...]
SEOUL, Sept. 28 (Korea Bizwire) — Korean instant noodles called ramen, spotlighted in the Oscar-winning Korean film “Parasite,” are gaining attention in the global market as more consumers are looking for non-perishable food during the novel coronavirus pandemic. The Korea Agro-Fisheries & Food Trade Corp. (aT) and Korea Agricultural Trade Information reported that ramen exports [...]
SEOUL, Sept. 28 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, said Monday it has shipped four hydrogen-powered vehicles to an energy company in the Middle East, paving the way for further exports of the eco-friendly vehicles. Hyundai shipped two Nexo hydrogen fuel cell electric vehicles and two Elec City hydrogen buses to [...]
SEOUL, Sept. 23 (Korea Bizwire) — Renault Samsung Motors Corp., the South Korean unit of Renault S.A., said Wednesday it will start exporting the XM3 sport utility vehicle to Europe next year. Renault Samsung manufactures the XM3 at its sole plant in Busan, 450 kilometers south of Seoul, and the compact SUV will be sold [...]