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Fake interview suspect said to have denied knowing Yoon

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.
Pusan Gwangyoksi South Korea Soult Ukpyolsi Kyonggi Do Daejang Dong Yoon Suk Yeol

Discharged suspect behind development scandal denies fake media interview allegations

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...
Daejang Dong Kyonggi Do South Korea Soult Ukpyolsi Lee Jae Myung Yoon Suk Yeol

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Hyundai To Invest 25.4 Billion Euros In Electrification Over The Next 10 Years

Hyundai Motor Company hosted its โ€˜2023 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 […]
United States Gyeonggi Do Kyonggi Do South Korea Soult Ukpyolsi Cholla Namdo

Hyundai goes all in for top-tier EV leadership

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...
Kyonggi Do South Korea United States Czech Republic Soult Ukpyolsi South Korean

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