Hints and tips:
Related Special Reports
...Chery UK head Victor Zhang said the company was aiming to rival South Korean mass market carmakers Hyundai and Kia, which first entered the British market in the early 1980s and early 1990s, respectively...
...“If they are successful, that will send a strong signal both to Korean companies and to foreign investors that it is possible for them to co-operate.” Additional reporting by Andy Lin in Hong Kong...
...Seoul’s defence ministry said it was actively co-operating with companies to secure the outstanding deals. Dapa, KAI, Hyundai Rotem and Hanwha Aerospace declined to comment....
...Korea Zinc has also formed a joint venture with South Korea’s LG Chem for precursor production and is in talks with Singapore-based Trafigura for co-operation on nickel refining....
...“Korea lacks auto software engineers and Hyundai is weak in that field, so it is expanding co-operation with foreign tech companies....
...Employees have started publicly campaigning to join the UAW at two plants in Alabama owned by Mercedes-Benz and Hyundai....
...Korean carmakers Hyundai and Kia have benefited from the trend, say dealers and industry analysts....
...Earlier this month, Hyundai Motor terminated an aluminium supply agreement with Indonesia’s Adaro Minerals following a campaign by a climate group backed by K-pop fans that called on the Korean automaker...
...SK On, a subsidiary of Korean petrochemical company SK Innovation, has concentrated the bulk of its foreign investments in the US, where it has formed joint ventures with car manufacturers Ford and Hyundai...
...In 2003, the Chinese company acquired Hyundai Display Technology, then a subsidiary of the Korean SK Group conglomerate....
...“Some unspecified tax benefits and incentives were announced for those who co-operate, but there are no penalties for those who do not.”...
...BYD wants to overtake the top-selling models in the Indonesian market last year, which included the Hyundai Ioniq 5, and the Air EV from China’s Wuling Motors....
...“There are still limits,” said Hwang, citing the example of Turkey’s Altay battle tank, which was co-developed with Hyundai Rotem in the late 2000s, and has since emerged as a rival to the Korean company...
...The Tucson has overtaken the Toyota Corolla hybrid vehicle, which at a starting price of €32,695 costs almost €8,000 less than the cheapest model in Hyundai’s range....
...Hyundai admitted these problems with some of its models but stressed that its vehicles are fully compliant with US federal requirements....
...Hyundai and its sister brand Kia have together overtaken Ford and General Motors to claim second place in US electric vehicle sales behind Tesla, with their market share set to grow once a new $7.6bn plant...
...Hyundai has used Autodesk software to help design parts for a prototype car, the wheels of which can transform into four legs to walk and climb — making it a potential rescue vehicle....
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...Toyota and Hyundai have been developing fuel-cell vehicles since the 1990s and have decades worth of investment that must be recouped....
...In addition to BYD, Chinese brands Lynk and Co, NIO and Omoda are all, reportedly, planning to sell in the UK....
...Shinhan Bank and Hyundai Capital issued ¥32bn and ¥20bn samurai bonds, respectively, last October....
...In bad news for Intel’s Gelsinger, mass production of the new chips will be outsourced to Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker....
...Volkswagen declined to cut prices, as did Hyundai and Kia. For now, industry analysts say, EV prices seem likely to stay where they are....
...October Gallery from October 11 to January 13 2024, octobergallery.co.uk...
...“Nissan Leaf’s in the front, [Hyundai Ioniq 5] is on the back right, . . . Volvo is the back left — the cable needs to be able to reach all those folks, as well as serve multiple voltages,” Levy said....
International Edition