Korean oil refiner SK Energy announced Tuesday that it recently signed a comprehensive partnership with Hong Kong-based airline Cathay Pacific Airways to promote the expansion of its sustainable aviation fuel exports. The partnership explores the potential supply of SAF for cargo planes in addition to its current use in passenger aircraft, and considers exporting the fuel for use at overseas airports, according to SK Energy. The agreement builds on an earlier deal under which SK Energy committed

Hyundai Motor Group maintained its position as the third-largest automaker in electric vehicle sales outside China in January, according to a report by SNE Research released Monday. The report stated that Hyundai Motor Group delivered 37,000 EVs — including all-electric and plug-in hybrid models — outside of China in January, holding onto the third-place ranking it achieved last year. In the global EV market share rankings, which exclude China, Hyundai Motor Group held an 8 percent market share,

Boston Dynamics’ latest Atlas humanoid robot is being trained in a lab ahead of its deployment at Hyundai Motor Group’s production plants later this year. The Korean auto giant said Sunday that its US-based robotics division plans to conduct a series of pilot tests to evaluate the robot’s capabilities in various tasks, including identifying and assembling different parts as well as detecting faults on assembly lines. (Photo provided b y Hyundai Motor Group)

Chung Ki-sun, executive vice chairman of Korean shipbuilding conglomerate HD Hyundai, recently visited the US Naval Academy in Maryland, the company announced Sunday. During his visit on Friday, Chung met with key academy officials, including Superintendent Vice Admiral Yvette M. Davids and Academic Dean Samara Firebaugh. He also toured the academy’s hull structure class and fluid dynamics laboratory, engaging with faculty and students in discussions about the future of the naval industry. "Sout

Porsche opened its fifth showroom in Korea, Porsche Studio Hannam, in Yongsan-gu, central Seoul, on Wednesday. Operated by the brand's Korean dealer, Stuttgart Sports Cars, the studio spans four floors, including a basement level, with each floor showcasing unique concepts. Porsche Korea says it will host a variety of events, from consultations for its customers to art and music programs, all designed to offer diverse experiences that deliver the brand’s value in innovative ways. (Porsche Korea)

Korea's LS Cable & System and its Vietnam-based subsidiary, LS Eco Energy, will supply $25 million worth of aluminum electricity cables to a US solar power facility company, LS Cable & System announced Thursday. The 35,000-volt aluminum cables will be used to construct power grids for solar power complexes across multiple states, including California, New Jersey, and Indiana. LS Cable & System did not disclose the name of the client company. The deal marks a milestone in LS's US exports, which h

Korean automaker KG Mobility officially launched its first electric pickup truck, the Musso EV, on Wednesday at its headquarters in Pyeongtaek, Gyeonggi Province. The launch ceremony was attended by KG Mobility Chairman Kwak Jae-sun, Co-CEOs Hwang Ki-young and Park Jang-ho, along with officials from Chinese battery maker BYD, which supplies the battery system for the new electric vehicle. “While the Torres and Actyon were planned when the company was still known as SsangYong Motor, the Musso EV

Korea Hydro & Nuclear Power, South Korea’s state-run energy provider, announced Wednesday that it has issued Asia’s first corporate green bond dedicated to nuclear power generation. The bond, with a total value of 1.2 billion Hong Kong dollars ($154 million) and a three-year term, will be exclusively used to improve nuclear power plant safety, and fund research and development of next-generation nuclear power technologies. Recognized for KHNP’s expertise in managing green bonds, the bond's frame

Cho Hyun-bum, chairperson of Hankook & Co., has pledged to restore newly acquired Hanon Systems' business within three years, vowing to implement sweeping reforms, the company announced Tuesday. “It is critically important how we innovate Hanon Systems — a company that owns core mobility technologies — over the next three years by accurately analyzing and correcting its past errors and wrong practices,” Cho said during a management strategy meeting Friday. “While prioritizing execution over plan

A fire caused by a butane gas explosion in a Daegu apartment led to 30 residents being evacuated on Monday. The fire began at 8:59 a.m. after a portable stove gas canister exploded while the resident was boiling gomtang, or beef-bone soup. The flames reached several stories high, causing 21 residents in other units to evacuate. Nine residents were rescued by firefighters. Some residents complained about headaches, difficulty breathing and eye sores caused by smoke inhalation, but no deaths were

Seoul subway Line No. 2 was delayed over 20 minutes during morning rush hour due to a conductor taking an urgent toilet break on Monday, according to Seoul Metro. The conductor who was driving a train on the outer lane of the circular route had to leave the train urgently to use the toilet in a station at 8:11 a.m. While an engineer watched the train, the conductor ran down the platform and returned in 4 minutes 16 seconds after using the restroom on another floor. However, the 125 trains follow

Police awarded a man who rescued a student on a bridge over the Han River, Seoul’s Seongdong Police Station announced on Tuesday. While crossing the bridge, the man found the student standing on the opposite side of the guardrail of the Dongho Bridge in eastern Seoul around 5 a.m. on Friday. He immediately grabbed the student’s hands and pulled him back over the rail. After trying to calm the student down, he took the student to the Oksu patrol box in Seongdong-gu, Seoul, which was n

Eighteen people were injured Monday after a motel caught fire in Bongdam-eup, Hwaseong, Gyeonggi Province, according to local media. One person was found on the second floor in a state of cardiac arrest, but recovered. The fire reportedly began on the first floor of the four-story building at 10 p.m., but the smoke quickly spread to the entire building. At the time, 22 people were staying in the motel and many of them were foreign workers at a nearby employer who was using the motel to accommoda

A man in his 50s has been fined for assaulting a woman who was smoking in the street. Judge Jang Min-ju, presiding over Daejeon District Court’s 11th criminal chamber, fined the man of 700,000 ($498), local media reports on Monday. The man hit the 22-year-old woman on her back at midnight on April 29 while she was smoking in front of a shop in Daeduk-gu, Daejeon. During the police investigation, he reportedly said “How could a girl smoke?” and that he was angry about smoking ne

Lawmakers and ambassadors were among the 1,122 people who gathered in Gwangju and Seoul Friday to make kimchi to donate to underprivileged people. The 2024 Korea Kimchi Grand Festival was held for two hours in the National Assembly’s courtyard in Yeouido, central Seoul and May 18 Democracy Square in central Gwangju simultaneously. The event was organized by Herald Media Group, local broadcaster Gwangju MBC and Rep. Ju Chul-hyun of the main opposition Democratic Party. The event at the Nati