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September 25, 2023
A death row inmate serving time in prison for the serial killings of 21 people has recently been transferred to a detention center in Seoul equipped with execution facilities, judicial officials said Monday.
September 16, 2023
An ongoing strike by unionized rail workers entered its third day Saturday, forcing passenger trains to operate at just less than 80 percent capacity nationwide.
September 14, 2023
(ATTN: UPDATES with more info; photos) DAEJEON, Sept. 14 (Yonhap) -- Unionized rail work...
September 12, 2023
Kim Man-bae, a key suspect in allegations that he purposely faked an interview in 2021 to discredit then opposition presidential candidate Yoon Suk Yeol, denied key parts of his interview, including being an acquaintance with Yoon, during subsequent questioning by prosecutors, effectively admitting to the falsity of the interview, informed judicial officials said Tuesday.
September 7, 2023
Kim Man-bae, a key suspect behind a politically charged property development scandal, denied allegations Thursday that he had attempted to manipulate a media interview story to influence last year's presidential election. Kim made the remarks as he was discharged from the Seoul Detention Center in Uiwang, south of Seoul, shortly after midnight, as his six-month detention period expired and a court rejected the p...
August 31, 2023
The countrys second-largest steelmaker, Hyundai Steel, has succeeded in domestically producing an industrial neutron composition analyzer in collaboration with Hyundai Motors in-house startup 3I Solution, the company said Thursday.
August 2, 2023
Korail has announced that Mr Han Moon Hee has been appointed as companyโs new president and CEO, replacing Mr Hee Seung Na.
June 23, 2023
Hyundai Motor Company hosted its โ2023 CEO Investor Dayโ in Seoul this week, unveiling its visionary mid- to long-term business strategies and financial plans. With the aim of actively leveraging its knowledge and heritage of innovation from internal combustion engine (ICE) vehicles, the company is committed to a successful transition to the electrification era through […]
June 21, 2023
Hyundai Announces Ambitious Electric Car Plans
June 20, 2023
Hyundai Motor Group said Tuesday it aims to boost its annual sales of electric vehicles in global markets sixfold to 2 million units by 2030 under its revamped electrification strategy. Under its 10-year financial plan worth 109.4 trillion won ($85.1 billion), it plans to inject 35.8 trillion won into electrification. On average, 3.6 trillion won will be invested in EVs and batteries annually, which is higher than la...