Reporter Nam Hyun-woo Page 1

The Korea Times

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Reporter : Nam Hyun-woo

Fri, February 26, 2021 | 02:21

Renault EVP visits Korea amid labor dispute

Renault Group Executive Vice President Jose Vicente de los Mozos visited his company's ailing Korean unit, Renault Samsung Motors, Thursday, in what appeared to be a warning about the company's faltering profitability and protracted labor disputes.

Auto | 2021-02-25 16:12

SK closes Plug Power deal, makes foray into Asian fuel cell and hydrogen market

SK Holdings held a deal-closing ceremony with fuel cell and hydrogen company Plug Power, after the SK Group holding firm acquired a 10 percent stake in the U.S. firm for $1.6 billion.

Energy | 2021-02-25 13:38

Hyundai to replace Kona EV batteries

Hyundai Motor will replace the batteries in 82,000 Kona Electrics and other vehicles using the same battery packs that were manufactured at LG Energy Solution's (LGSE) plant in Nanjing, China.

Auto | 2021-02-24 16:30

New KCCI under SK chairman to encourage ESG values

SK Group Chairman Chey Tae-won is expected to be appointed as the new head of the Korea Chamber of Commerce and Industry (KCCI) in late March, and under his stewardship the business organization is expected to encourage members to pursue environmental, social and corporate governance (ESG) values.

Manufacturing | 2021-02-24 15:43

Hyundai Motor kicks off EV transition with IONIQ 5

Hyundai Motor has unveiled its IONIQ 5 electric crossover vehicle, the first car manufactured based on its E-GMP electric vehicle (EV) platform. Given that the platform will be used for a slew of Hyundai and Kia EVs, the launch of the IONIQ 5 and the market response to it will play a critical role in Hyundai Motor Group's ambition to become a leader in the global EV market.

Auto | 2021-02-23 16:22

POSCO expands EV materials business

POSCO expands EV materials business

POSCO is expanding its business portfolio for the supply chain of electric vehicles (EVs) and other eco-friendly mobility services, launching a new brand for specialty products and expanding its battery cathode plant.

Manufacturing | 2021-02-23 15:33

Hyundai Motor kicks off EV transition with IONIQ 5

POSCO chairman grilled at hearing over workplace accidents

POSCO Chairman Choi Jeong-woo has apologized again for a series of fatal accidents at mills of the steelmaker in recent months. He gave the apology during a National Assembly hearing, Monday, which was held to address growing doubts on Choi serving another term as chief of the steelmaker.

Manufacturing | 2021-02-22 16:54

Eyes on RDIF's additional partners to produce Sputnik V

Attention is growing on who will form a consortium with GL Rapha and manufacture Russia's Sputnik V COVID-19 vaccine in Korea, as delegates from the Russian Direct Investment Fund (RDIF) visited the company's plant in the Gangwon Province city of Chuncheon and intend to announce the members of the consortium as early as Tuesday.

Health & Welfare | 2021-02-22 16:25

Chung Mong-koo to relinquish control of Hyundai Motor Group

Hyundai Motor Group Honorary Chairman Chung Mong-koo will vacate his board membership at Hyundai Mobis, loosening his control over the management of Hyundai Motor Group companies.

Auto | 2021-02-21 16:26

Hyundai-LG talk protracted over Kona EV recalls

Hyundai Motor is planning to replace all batteries for its Kona electric vehicles (EVs), after a series of fires last year, but no visible progress has yet been made with LG Energy Solution (LGES) over responsibility for the fires and replacement costs estimated at 1.5 trillion won ($1.36 billion).

Auto | 2021-02-21 15:29

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