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LNG Carrier
CoolCo Buying Two Lng Carriers Newbuilds for $234M Each
LNG shipowner Cool Company (CoolCo) has exercised its option to acquire two newbuild LNG carriers from affiliates of EPS Ventures.CoolCo said that the Mega LNG …
Electric Vehicle Battery
Hyundai Motor Group's Connected Car Services Reach 10M Global Service Subscribers
Hyundai Motor Group surpassed 10 million global connected car service subscribers this month. The milestone comes one year and 10 months after reaching 5 millio…
Electric Vehicles
Hyundai Raises Annual EV Sales Goal to Two Million by 2030
Hyundai Motor aims to sell two million electric vehicles a year by 2030, accounting for 34 percent of its sales compared to 8 percent this year AFP NEWSHyundai …
Offshore Wind Power
South Korea Launches ‘First’ Offshore Wind Installation Vessel
Hyundai Engineering & Steel Industries has launched South Korea’s first offshore wind installation vessel, named the Hyundai Frontier.The 14,000-tonne ves…
Electrolyzer
Hyundai Engineering Forges New Alliances in Hydrogen Race
Hyundai Engineering announced on the 11th of June that it has inked a business agreement with Korea Central Power Company. This strategic collaboration is aimed…
Hydrogen Storage
Hyundai Begins Full-Scale Production at Hydrogen Fuel Cell Plant in Guangzhou
Hyundai Motor Group has reached a significant milestone in its global hydrogen strategy with the commencement of full-scale production at its hydrogen fuel cell…
Hydrogen Fuel Vehicle
Hyundai Rotem Set to Test Drive Hydrogen Tram
Hyundai Rotem, a subsidiary of Hyundai Motor Group specializing in railway, defense, and plant systems, is gearing up for the commercial launch of South Korea&r…
Electric Vehicles
Hyundai and LG Team Up for Battery Gigafactory in Us to Support EVs
South Korean companies Hyundai and LG Energy will establish a massive new battery cell manufacturing joint venture in the United States, targeting annual produc…
Electric Vehicles
“Electromobility Hub:” Kia Joins Tesla to Build EV Factory in Mexico
Kia’s parent company Hyundai Group plans to build a dedicated electric vehicle plant at Kia’s Monterrey factory in Mexico to take advantage of tax c…
SMR
Holtec and Hyundai Win Korean Financial Support for SMR-160
South Korean national financial institutions K-Sure (Korea Trade Insurance Corporation) and Kexim (Export-Import Bank of Korea) have both signed agreements with…
Electric Vehicles
Kia’s Flagship EV9 Electric SUV Marks a New Software-Driven Era for Hyundai
Kia aims to enter a new software-driven era with its flagship EV9 electric SUV. The EV9 will be the Hyundai Motor Group’s first model to offer on-demand f…
SMR
Holtec Deepens Relationship With South Korea for SMR Deployment
From left: Hyundai E&C president and CEO Young-joon Yoon, Holtec president and CEO Kris Singh, South Korean minister of trade, industry and energy Chang-yang Le…
Hydrogen Project
Commercialized Model of Hyundai’s Xcient Fuel Cell Tractor Debuts in the US
The company premiered the vehicle at the Advanced Clean Transportation Expo.Yesterday (May 2, 2023), Hyundai Motor Company debuted its new XCIENT Fuel Cell trac…
Hydrogen Production
Pink Hydrogen Production System to Be Developed by Hyundai, USNC and SK Ecoplant
Hyundai Engineering has signed an MoU with US-based Ultra Safe Nuclear Corporation (USNC) and SK Ecoplant to collaborate on the development of H2 Micro Hub, a c…
SMR
US-Korean Partners to Build SMR-Powered Hydrogen Production Facility
Ultra Safe Nuclear Corporation (USNC) of the USA has signed a memorandum of understanding (MoU) with South Korea's Hyundai Engineering and SK E&C to conduct…
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