SEOUL Hyundai Motor Group and LG Chem Ltd are considering establishing an electric vehicle (EV) battery manufacturing joint venture in Indonesia, a person familiar with the matter told Reuters on Tuesday.
SEOUL, June 23 South Korea's Hyundai Motor Group
and LG Chem Ltd are considering establishing an
electric vehicle (EV) battery cell manufacturing joint venture
in Indonesia, a person with direct knowledge of the matter told
Reuters on Tuesday.
* Korea surpasses U.S. as top market for BMW 5 series this
SEOUL South Korean sports-utility vehicle maker SsangYong Motor is looking for a potential buyer after India's Mahindra and Mahindra said it could give up its majority stake in the struggling company. SsangYong has picked an advisor to tap markets for a new investor, a spokesman for the South Korean company said on Friday.
SEOUL Hwang Min-yong, a 37-year-old South Korean businessman, recently received his black Porsche Cayenne coupe with red leather seats after a seven-month wait and took it out for a spin on a scenic road overlooking a river near Seoul.
SEOUL South Korea's Hyundai Development Co said on Tuesday it wants new terms for its acquisition of Asiana Airlines after the carrier's already hefty debt burden increased by some $3.8 billion (2.99 billion pounds).
SEOUL South Korea's Celltrion Inc said on Monday its experimental treatment of COVID-19 demonstrated an up to 100-fold reduction in viral load of the disease in animal testing, saying it aims to start in-human clinical trials in late July.
* Warehouse of S.Korea's top e-commerce firm emerges as
SEOUL Deluged with online orders as the coronavirus epidemic swept South Korea, e-commerce giant Coupang opened a new groceries warehouse and logistics centre near Seoul in March, providing food and other essentials to shoppers sheltering at home.