South Korean battery firm LG Energy Solution (LGES) posted on Friday a quarterly loss for the first time in three years, hit by slowing demand for electric vehicles.
Hyundai Motor Co. reported a decline in operating profit and global sales last year, marking the first downturn in four years. Analysts suggest that the automotive giant, a key player in South Korea’s ...
“We are considering re-badging our commercial EVs and supplying GM,” Hyundai’s CFO, Lee Seung Jo, said on a conference call (via Reuters) Thursday. Lee added the deal would pave the way for our entry ...
South Korea’s car making giant Hyundai may start to lose out to peers with stronger emissions reduction plans as tariffs such as the EU Carbon Border Adjustment Mechanism (CBAM) come into effect, ...