South Korea's Hanon Systems announced that it surpassed one million units in cumulative production of electric compressors that use eco-friendly refrigerant, R744. This milestone was achieved just one and a half years after reaching 500,000 units in January 2024. Hanon Systems produces these compressors at its automo

SK On Co., Ltd., a battery manufacturing subsidiary of SK Innovation Co., Ltd., announced the completion of its pilot plant for all-solid-state batteries at the Institute of Future Technology, SK On’s research and development base in the Daejeon Metropolitan City, South Korea. The new plant will be primarily used to

Several South Korean media sources reported that South Korea’s HL Group had signed a business agreement with South Korea’s Hana Bank and the Korea Trade Insurance Corporation regarding a cooperative export financing support package. The package will be prepared to assist automotive parts makers facing US tariffs, and

South Korea’s Kumho Tire Co., Ltd. announced that it reached an agreement with Autonomous A2Z to collaborate in developing technology for autonomous driving vehicle tires. Based on the agreement, the two companies will promote the joint development and delivery of smart tires and airless tires. Through this project,

Several South Korean media sources reported that South Korea’s W-Scope Chungju Plant Co., Ltd. (WCP) will supply separators to a sodium battery manufacturer in Europe. The contract term and value are unpublicized. According to WCP, the company and this European automaker collaborated on joint development and multiple

South Korean Industry Minister Kim Jung-kwan arrived at Incheon Airport early on September 14 after meeting with U.S. Commerce Secretary Howard Lutnick in New York. Kim had been in the U.S. since September 11 to discuss details of Seoul’s pledged USD 350 billion investment there in exchange for the U.S. reducing its

On September 16, Wind River, an Aptiv company and global software leader, announced the completion of Mobis Development Studio, an integrated software development environment for software-defined vehicles (SDVs), created in collaboration with Hyundai Mobis. The system combines Hyundai Mobis’ cloud-based vehicle devel

On September 15, STRADVISION concluded its IAA Mobility 2025 participation with breakthrough live demonstrations and high-impact partner engagements. At IAA, STRADVISION's live demo running SVNet on advanced SoCs drew strong attention for record-fast integration timelines and consistent, real-world reliability. Atten

On September 15, Hesai Technology announced the expansion of its production agreement with a leading U.S.-based robotaxi company. The agreement, now valued at over USD 40 million, covers deliveries before the end of 2026. Hesai was selected as the only supplier to provide both long-range and short-range lidars.
"This

On September 11, AUTOCRYPT announced a strategic partnership with Valtech Mobility GmbH at IAA Mobility 2025 for an end-to-end digital key solution. At the event, the companies unveiled a jointly developed demo of their Digital Key Management solution. It enables hands-free, location-aware access, allowing drivers to

On September 11, in his first public comments following the raid by U.S. immigration authorities on a battery plant under construction, Hyundai’s CEO José Muñoz said he was surprised when he heard the news. Munoz said it is typical for an automotive battery plant to employ specialist workers as it is getting off the

On September 11, a plane carrying more than 300 workers from South Korea who were detained during an immigration raid at a Hyundai-LG Energy Solution battery factory under construction in Georgia last week left Atlanta shortly before noon, expected to land in South Korea on Friday afternoon.
The departure had been he

Construction has now been disrupted at multiple LG Energy Solution Ltd. sites across the U.S. while some Korean staff are reported to be balking at assignments, according to people familiar with the matter. After the raid at the Hyundai-LG plant near Savannah, Georgia last week, there are fears of similar crackdowns

On September 9, Valens Semiconductor announced that Samsung is supporting the MIPI A-PHY standard for high-speed sensor connectivity and is partnering with Valens Semiconductor to develop the next generation of MIPI A-PHY products in response to strong market demand from global OEMs.
Samsung Foundry will fabricate Va

Hankook Tire & Technology Co., Ltd. (Hankook Tire) announced that it will supply three types of tires, namely the Ventus evo SUV, the Dynapro HPX, and the Winter i*cept evo3 X, as original equipment (OE) tires for the fourth-generation model of the BMW X3. The Ventus evo SUV ultra-high performance tire features the l

Several South Korean media sources reported that Nexen Tire Co., Ltd. (Nexen Tire) will start supplying its summer tires, the N'blue S, as original equipment (OE) tires for Kia Corporation’s purpose-built vehicle (PBV), the PV5. This tire adopts the company’s Sidewall Aero Dynamic technology to lower vehicle noise an

South Korea’s ISU Specialty Chemical Co., Ltd. held a groundbreaking ceremony for a new plant for the commercial production of lithium sulfide (Li₂S) for all-solid-state batteries. In March 2024, the company agreed with the city of Gumi, Gyeongsangbuk Chungcheongbuk-do, to build a lithium sulfide plant. The company w

Several South Korean media sources reported that Kumho Tire Co., Ltd. (Kumho Tire) will restart the operation of its plant in Gwangju, South Korea, in October 2025. The production will resume five months after the company halted operations at the Gwangju Plant, including its first factory, following a fire at its sec

South Korea’s L&F Co., Ltd. has established a new subsidiary, L&F Plus, which specializes in the production and sales of lithium ferro-phosphate (LFP) cathode materials. The company will be 100% owned by L&F. The subsidiary will build an LFP cathode material plant in Daegu Metropolitan City, investing KRW 338.2 billi

Several South Korean media sources reported that that LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., announced that it had developed a technology to significantly shorten the time required to charge lithium metal batteries for electric vehicles (EVs). This technolo