A joint investigation between Korea and the United States has been underway to figure out what caused the deadly Jeju Air Boeing 737-800 crash that killed 179 passengers and crew at Muan International Airport in South Jeolla Province on Dec. 29 with only two survivors on board. Joint investigative team The two countries have put together a joint probe team of 12 investigators from Korea’s Aviation and Railway Accident Investigation Board, one official from the US Federal Aviation Administration,

Chinese auto brands projected to continue to gobble up global market share The worldwide stall in sales of battery electric vehicles is expected to continue this year as demand for better-performing and cost competitive hybrid and plug-in hybrid vehicles rises, Hyundai Motor Group's Business Intelligence Institute said Wednesday. “We can’t really see a momentum that can bring out the growth of the EV market this year,” said Yang Jin-soo, head of the mobility industry research lab at the intellig

Hansung Motors, one of the top official Mercedes-Benz dealers in Korea, announced Tuesday the expansion of its refund guarantee system to cover all certified used cars, allowing refunds within three days of purchase. Last year, Hansung Motors became Korea's first imported car dealer to implement a three-day refund system. While the policy was previously limited to electric vehicles and best-selling models, Hansung now extends it to all certified cars sold at its showrooms nationwide. The policy

Amid slowing EV sales, hybrids drive up export volume Hyundai Motor Group set a new record in exports of eco-friendly vehicles last year, bolstered by robust sales of hybrid models, the Korean auto giant announced Tuesday. The group said that a total of 707,853 eco-friendly vehicles, including battery-powered electric vehicles and hybrids, were exported last year, a 3 percent growth from a year ago. Compared to 2020, the export volume of eco-friendly vehicles has grown by 160 percent, and their

Seven out of 14 South Korean airports have been found to have installed concrete structures similar to those involved in the recent deadly Jeju Air crash, according to a government inspection released Monday. The Ministry of Land, Infrastructure and Transport’s weeklong review revealed that nine facilities at seven airports have localizer housings that are difficult to break upon aircraft collision and require urgent improvements. On Dec. 29 last year, a Jeju Air flight returning from Bangkok ma

German automaker aims to regain presence, boost sales in local market Audi will launch record-setting 16 new models in the Korean market this year, as the automaker looks to turn around its falling numbers, Audi Korea said Monday. “In 2025, Audi will introduce the largest number of new models in its history to the Korean market,“ said Steve Cloete, executive director of Audi Korea, who took the country branch’s top post in May last year, in a media roundtable at the Shilla Seoul. “In line with A

Hyundai Motor Group ranked second in electric vehicle sales in the US last year, following the No.1 EV maker Tesla, with plans to boost local production amid the inauguration of Donald Trump. According to data from the Korea Automobile & Mobility Association, Hyundai Motor Company and its smaller sibling Kia sold approximately 123,000 battery-powered vehicles in the US in 2024, achieving a 10 percent market share. Although there remains a significant sales gap with Tesla, which sold 591,400 unit

The first model from Chinese electric vehicle maker BYD to be sold in South Korea is expected to be its compact sports utility vehicle the Atto3, while the world's largest EV maker is set to make an official entry into the Korean market on Thursday. The Atto 3 is expected to be the first to clear environmental regulatory hurdles among BYD's four cars being prepared for launch in Korea. It is likely to receive emissions and noise certification from the National Institute of Environmental Research

Korean automaker follows in footstep of GM, Ford and Toyota to safeguard interest Hyundai Motor has decided to donate $1 million to the upcoming inauguration of US President-elect Donald Trump as it seeks to bolster ties with the incoming leader looking to impose tariffs and strengthen protectionism. “Hyundai welcomes the opportunity to work with the new administration on policies that support American manufacturing, protect supply chains and spur innovation,” a Hyundai Motor spokesperson said S

LG Energy Solution said Friday that it has secured an agreement to be the exclusive supplier of cylindrical battery cells for Aptera Motors, the California-based startup specializing in solar-powered electric vehicles. The two companies signed a memorandum of understanding for the supply deal on the sidelines of this week's CES 2025 in Las Vegas. CTNS, a Korean battery pack manufacturer, also plans to join the production. From this year to 2031, LG Energy Solution is set to supply 4.4 gigawatt-h

Sources say new partnership to fuel Boston Dynamics' growth momentum Hyundai Motor Group said Friday that it has forged a strategic partnership with Nvidia, the world’s leading designer and manufacturer of GPUs, to boost the applications of artificial intelligence across its business operations, spanning software-defined vehicles and robotics. Key executives, including Kim Heung-soo, head of global strategy office at Hyundai Motor Group, and Rishi Dhall, vice president of automotive at Nvidia, a

Auto giant allocates almost half of investment to R&D Hyundai Motor Group on Thursday announced its largest-ever annual investment of 24.3 trillion won ($16.65 billion) in Korea to secure and advance key technologies while increasing its production capacity for electric vehicles. The Korean auto conglomerate’s financial commitment for this year increased by 3.9 trillion won, or 19 percent, from the previous year. Hyundai Motor said it decided to make the larger investment this year to overcome o

Hyundai Mobis, a leading Korean car parts manufacturer affiliated with Hyundai Motor Group, unveiled the world’s first holographic windshield display at CES 2025 in Las Vegas, the US, marking a futuristic shift in passenger car cockpit design. According to Hyundai Mobis on Thursday, the new windshield, developed in collaboration with German optics giant Zeiss, displays high-definition images of a wide range of information, including speed, navigation maps and infotainment content such as videos

Korea’s robotics solutions provider Thoth said Wednesday that its vehicle battery dispoal solution has been recognized with three innovation awards at this week's CES 2025 in Las Vegas. Thoth's "DisMantleBot" technology determines whether a used battery should be dismnatled completely or partially, as well as suggesting the optimal dismantling method based on the level of remaining electricity. The solution then systematically disassembles the battery into basic components, such as anodes, catho

Hyundai vehicles offered by over 200 dealers across the US are officially put up for sale on the US' largest retail platform Hyundai Motor Group officially began selling its cars to consumers across the US via e-commerce platform Amazon, making it convenient for customers to find and buy their vehicle of choice online. Hyundai Motors said Tuesday that all of Hyundai’s car models — internal combustion models, hybrid electric cars and fully electric vehicles — available in the US are now listed fo