Hyundai Motor launches next-gen Palisade Hybrid SUV On September 25, Hyundai Motor launched the next-generation Palisade Hybrid SUV imported from South Korea to China. The model is available in one FWD and two 4WD variants, with prices ranging from CNY 288,800 to CNY 361,800. Positioned as a flagship family SUV, the next-generation Palisade Hybrid adopts the “Bold Premium” exterior design language and measures 5,060mm or 5,065mm long, 1,980mm...

News  Updated at: 2025/09/29

South Korea’s ASET raises funds to commercialize and mass-produce all-solid-state electrolyte films Several South Korean media sources reported that ASET, a South Korean electrolyte film manufacturer, had raised a fund of KRW 3 billion (JPY 330 million) in a pre-Series A bridge round. ASET is a startup that develops technology for all-solid-state and composite electrolyte films, offering improved fire safety and enhanced energy density. In Octo...

News  Updated at: 2025/09/29

IL acquires site for lithium metal negative electrode sheet plant in Cheonan-si, South Korea Several South Korean media sources reported that  IL Co., Ltd., a South Korean company, had acquired a site for a new plant in Cheonan-si, Chungcheongnam-do, to establish a production system for lithium metal negative electrode material sheets for all-solid-state batteries. According to IL, these negative electrode sheets employ a technology that effecti...

News  Updated at: 2025/09/29

Top Material develops new composite cathode active material production technology Several South Korean media sources reported that a South Korean secondary battery material manufacturer, Top Material Co., Ltd., has developed and acquired a patent in South Korea for a new technology regarding the production of LFP cathode active materials. LFP active materials currently commercialized are at the 2nd to 2.5th generation levels (compressed density o...

News  Updated at: 2025/09/29

. At the same time, Beijing also launched anti-dumping probes into pecan imports from Mexico and the United States, signaling a reciprocal response. Mexico’s tariff proposal, currently under congressional review, targets imports from countries without free trade agreements, including China, South Korea, and India, with rates ranging between 10% and 50%. For light vehicles, tariffs would rise from the current 15–20% to 50%.  The plan comes am...

News  Updated at: 2025/09/27

Egypt invites Korean automotive companies to invest in country On September 25, the Minister for Industrial Development in Egypt met with the Ambassador of the Republic of Korea to Cairo. The Minister called on the Korean government to encourage Korean investors to invest in Egypt in the automotive and automotive components manufacturing sector, particularly tires and glass, to meet the needs of the local market, export to foreign markets, and ta...

News  Updated at: 2025/09/26

LG Chem sets up Autonomous Smart Lab at its analysis lab in South Korea South Korea’s LG Chem Ltd. (LG chem) has built an Autonomous Smart Lab in a lab specializing in analysis at its R&D Campus in the Daejeon Metropolitan City. The company's analytical research laboratory conducts precise analyses of raw materials, such as lithium, nickel, cobalt, and manganese, used in cathode materials for electric vehicle (EV) batteries, contributing to the...

News  Updated at: 2025/09/26

South Korea’s Thinkware to cooperate with Hetone in spatial data service South Korea’s drive recorder manufacturer, Thinkware, has reached a strategic business partnership agreement with Hepton, a Web3.0 platform company specializing in spatial data. Through this partnership, the two companies plan to jointly develop a new Web3-based spatial data service by combining Thinkware's high-precision map, mobility data, and navigation platform with ...

News  Updated at: 2025/09/26

Kumho Tire to build new tire plant in Hampyeong-gun, South Korea Several South Korean media sources reported that Kumho Tire Co., Ltd. (Kumho Tire) has approved at the board of directors meeting a proposal to build a new tire plant in Hampyeong-gun, Jeollanam-do. The investment is scheduled to commence in September 2025 and will continue until January 2028. The total capital investment is expected to reach KRW 660.92 billion (JPY 72.79 billion). ...

News  Updated at: 2025/09/26

CAERI, KOTSA forge partnership On September 18, China Automotive Engineering Research Institute Co., Ltd. (CAERI) announced the recent signing of a memorandum of cooperation with the Korea Transport Safety Authority (KOTSA). The two parties will cooperate on vehicle testing and evaluation. The KOTSA will provide CAERI with KNCAP (Korean New Car Assessment Program) support, such as evaluation technology and testing and certification officers. They...

News  Updated at: 2025/09/23

Fescaro, Korea, and TUV Nord, Germany, partner for automotive cybersecurity On September 11, Fescaro signed a memorandum of understanding (MoU) with global certification body TÜV NORD for cooperation in automotive cybersecurity certification. It follows the MoU signed with the Korean branch in March. It will combine Fescaro's automotive cybersecurity technology with TUV Nord's certification expertise.  Under this MOU, the two companies will joi...

News  Updated at: 2025/09/22

Kakao Mobility to work with Autonomous a2z to strengthen competitiveness of autonomous driving business South Korea’s mobility service company, Kakao Mobility Co., Ltd., announced that it has reached an agreement with South Korea’s Autonomous a2z Inc. to collaborate to reinforce the competitiveness of its autonomous driving business and explore new sales channels inside and outside South Korea. Based on the agreement, the two companies will j...

News  Updated at: 2025/09/22

Kumho Tire to supply OE tires for Kia PV5 South Korea’s Kumho Tire Co., Inc. said that it would start supplying the Crugen EV HP71 as original equipment (OE) tires for the PV5, Kia Corporation’s Platform Beyond Vehicle (PBV). The size of the tires is 215/65R16. The size of the tires is 215/65R16. They will be applied to export models for Europe and other areas in addition to models for the South Korean market. The Crugen EV HP71 is designed e...

News  Updated at: 2025/09/22

EcoPro completes first-phase investment in Indonesia, securing stable supply of nickel materials South Korea’s EcoPro announced that it has completed a KRW 700 billion (JPY 77 billion) first-phase investment in nickel smelters in the Morowali Industrial Park in Indonesia, to establish a stable nickel material supply structure. Through the investment, the company will become able to purchase 28,500 tons of nickel mixed hydroxide precipitate (MH...

News  Updated at: 2025/09/22

convert polyester textile waste into high-purity recycled polyester. ELITe has signed an agreement with Italy’s Taro Plast S.p.A. to supply 100% recycled Dimethyl Terephthalate (DMT) for use in specialty polymers and automotive applications. Additionally, Loop Industries has partnered with South Korea’s Hyosung TNC, which will use the recycled polyester to produce performance yarns. The Gujarat facility is designed to produce 70,000 tonnes o...

News  Updated at: 2025/09/19

HL Klemove to partner with Korea Automobile Research Institute on next-generation mobility technology HL Klemove, an autonomous driving solution business subsidiary of HL Mando Corporation in South Korea, announced that it reached a business agreement with the Korea Automobile Research Institute on the technical partnership for next-generation mobility and the establishment of ecosystems for the innovation industry. Based on the agreement, the tw...

News  Updated at: 2025/09/19

SK Innovation licenses waste battery recycling technology to KBR South Korea’s SK Innovation Co., Ltd. announced that the company licensed its proprietary waste battery recycling technology to KBR Inc., a US engineering company. Through this agreement, KBR will combine its high-purity crystallization technology, named PureLi, with SK Innovation’s waste battery recycling technology and sell it in the global market. SK Innovation began developi...

News  Updated at: 2025/09/19

Hyundai Motor unveils 2030 vision and product roadmap at CEO investor day On September 18 in New York, Hyundai Motor Company presented its long-term strategy at its first CEO Investor Day held outside of Korea. CEO José Muñoz outlined the company’s transformation into a global mobility leader through strategic product expansion, breakthrough electrification technologies and software-defined capabilities that will redefine the automotive exper...

News  Updated at: 2025/09/19

Mexico’s tariff to considerably impact vehicle market On September 13, it was reported that Mexico’s new tariff plan targeting vehicles and parts from countries without trade agreements, mainly affecting China, South Korea, and India, has stirred major international reactions. The initiative, promoted by President Claudia Sheinbaum and pending Congressional approval before November 15, includes import duties ranging from 10% to 50% across mor...

News  Updated at: 2025/09/19

Hanon Systems’ production of eco-friendly R744 electric compressors surpasses 1 million units 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 automotive-compressor-exclusive plant in P...

News  Updated at: 2025/09/18