(Photo=Hyundai Motor Group) Genesis, the luxury vehicle brand of South Korea’s Hyundai Motor Group, is preparing to launch in India with a dedicated entity, “Genesis India,” and has completed trademark registrations for key models GV80 and G90. According to the 29th annual report released by Hyundai Motor India Ltd. (HMIL) on August 7, the new unit will be officially launched

(Photo=LG Energy Solution) LG Energy Solution, a leading South Korean battery manufacturer, is expected to benefit from a new supply deal between Toyota Tsusho, the trading arm of Japanese automaker Toyota, and Japan’s Asahi Kasei. The agreement will support the safety and performance of LG’s high-nickel battery cells used in Toyota’s electric vehicles. Several media outlets reported on August 7

Photo=Department of Investment Promotion, Ministry of Commerce of the People's Republic of China Several South Korean semiconductor and autonomous driving technology firms are exploring entry into Yancheng, a major industrial city in China’s Jiangsu Province, signaling a potential new phase of high-tech cooperation between the two countries. On July 30, nine Korean companies—including semiconductor design firm SkyChips, power semiconductor company

Photo=BP British energy giant BP has announced a major offshore oil and gas discovery in Brazil’s Santos Basin, marking its largest such find in over two decades. The company revealed on August 4 that it struck oil in the Bumerangue Block, located approximately 250 miles off Brazil’s southeastern coast in 7,782 feet of water. BP acquired full ownership of the block in 2022. According to the company, preliminary

Photo=Hyundai Motor Hyundai Motor is making waves in Japan’s electric vehicle market with its newly launched INSTER, a compact EV marketed domestically in Korea as the Casper Electric. The automaker posted its second consecutive record-breaking month in July, with cumulative sales this year surging 1.5 times over the same period in 2024. According to data released Monday by the Japan