SEOUL, Jul. 19 (Korea Bizwire) – Hyundai Mobis, a leading automotive supplier, announced on July 18 that it has developed the world’s first airbags specifically designed for Purpose-Built Vehicles (PBVs), addressing the unique safety challenges presented by these versatile and spacious vehicles. The company has introduced two innovative airbag designs: a door-mounted curtain airbag and a [...]
GOYANG, Jul. 18 (Korea Bizwire) – The city of Goyang, a suburb of Seoul located in Gyeonggi Province, is emerging as a frontrunner in the development of Urban Air Mobility (UAM) infrastructure, potentially ushering in a new era of “30-minute travel times” across the Seoul metropolitan area. According to a recent report by the Goyang Policy [...]
SEOUL, Jul. 18 (Korea Bizwire) – In a significant shift in South Korea’s electric bus market, domestically produced vehicles have captured nearly 60% of new registrations in the first half of 2024, marking a pause in the rapid expansion of Chinese electric buses in the country. According to data released on July 17 by the Ministry [...]
SEOUL, Jul. 18 (Korea Bizwire) – Samsung Electronics and Tesla have officially rolled out their jointly developed energy management service, marking a significant step in smart home technology integration. As of late last month, Tesla users in the United States can now utilize Samsung’s SmartThings Energy platform to monitor their Tesla solar panel power production, remaining [...]
SEOUL, Jul. 17 (Korea Bizwire) — The government is taking administrative action against Saudi Arabian airline Saudia for suspending its direct flights to South Korea without permission from aviation authorities, according to officials Wednesday. The Ministry of Land, Infrastructure and Transport issued a prior notice of administrative measure to Saudia on Monday. Saudia has been [...]
SEOUL, Jul. 17 (Korea Bizwire) — Samsung Electronics Co. has launched an energy management service for electric vehicles of Tesla Inc. in the United States as part of their strategic partnership aimed at enhancing connectivity at home, industry sources said Wednesday. Samsung Electronics’ SmartThings Energy platform is now available for Tesla drivers in the U.S., [...]
SEOUL, July 16 (Korea Bizwire) – Renault Korea Motors Co., the South Korean unit of French auto group Renault S.A., said Tuesday it has begun mass production of its new hybrid SUV, the Grand Koleos. The company said it held a celebration for the first unit of the Grand Koleos at its manufacturing plant in [...]
BUSAN, July 15 (Korea Bizwire) – A global conference on space research kicked off in Busan on Monday with the aim of fostering international scientific research in space, officials said. About 3,000 space scientists and industry officials from some 60 nations attended the 45th Scientific Assembly of the Committee on Space Research (COSPAR), according to [...]
SEOUL, July 13 (Korea Bizwire) – Hyundai Motor Co.’s labor and management have concluded their wage negotiations without a strike for the sixth year in a row, agreeing on the highest wage increase in the company’s history. The union said Saturday its members have voted to accept a tentative wage deal reached earlier in the [...]
SEOUL, Jul. 11 (Korea Bizwire) – Hyundai Motor Co. said Thursday it will launch the GV60 Magma SUV in South Korea next year as it beefs up high-performance models. The GV60 Magma will be the first model under the Genesis Magma program, which was officially launched at the Genesis showroom in New York in March, [...]
