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Hyunjoo Jin

Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024.   REUTERS/Kim Hong-Ji/File Photo
BusinessEconomyElectric Vehicles (EVs)News

LG Energy Solution flags slowing EV demand, posts first quarterly loss in 3 years

LGES plans to cut capital expenditure by up to 30% this year on slowing EV demand growth, after posting a quarterly loss for...

FILE PHOTO: Logo of Hyundai Motor Group on a car outside an automobile showroom is pictured in New Delhi, India, September 6, 2024. REUTERS/Ainnie Arif/File Photo
AutomotiveBusinessElectric Vehicles (EVs)HydrogenIndustryManufacturingNews

Hyundai Motor Group to invest record $16.7 billion in South Korea this year

Hyundai Motor Group plans a record $16.7 billion investment in South Korea, focusing on EVs, R&D, and growth.

FILE PHOTO: Korea Zinc Chairman Yun B. Choi speaks during a press conference in Seoul, South Korea, November 13, 2024.   REUTERS/Kim Hong-Ji/File Photo
AnalysisBusinessCritical MineralsPoliticsRegulations

Analysis: Korea Zinc takeover battle tests Seoul’s resolve on tackling ‘Korea discount’

The Korea Zinc takeover battle highlights weak investor protections, fueling calls for reforms to tackle South Korea's "Korea discount."

Korea Zinc Chairman Yun B. Choi speaks during a press conference in Seoul, South Korea, November 13, 2024.   REUTERS/Kim Hong-Ji
BusinessCritical MineralsNews

Korea Zinc pulls $1.8 billion share sale, turns sights to board fight

Korea Zinc scraps $1.8B share sale plan amid regulatory probe, setting stage for a shareholder battle with Young Poong and MBK.

FILE PHOTO: An attendee films Samsung Electronics' Galaxy Watch 7 Ultra during its unveiling ceremony in Seoul, South Korea, July 8, 2024.  REUTERS/Kim Hong-Ji/File Photo
BusinessEconomyElectric Vehicles (EVs)News

Samsung Electronics shares hit lowest in more than four years

Samsung shares hit a four-year low, falling 2.1 per cent amid increased competition and lagging AI chip demand versus rivals.

FILE PHOTO: Tesla's new Cybertruck is shown on display at a Tesla store in San Diego, California, U.S., November 20, 2023.  REUTERS/Mike Blake/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Tesla stops taking orders for cheapest Cybertruck, offers $100,000 version now

Tesla's $100k Cybertruck available for immediate order and delivery, according to Tesla website, though demand is lower than predicted

FILE PHOTO: The front hood logo on a 2018 Tesla Model 3 electric vehicle is shown in this photo illustration taken in Cardiff, California, U.S., June 1, 2018.  REUTERS/Mike Blake/File Photo
AutomotiveCourtsElectric Vehicles (EVs)NewsTransport

Tesla sued by family of motorcyclist killed in Autopilot crash

Tesla Autopilot lawsuit takes aim at "defective and inadequate" safety features after Utah man died in 2022 in collision with Model 3.

FILE PHOTO: xAI logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveBusinessNews

Musk to discuss $5 billion xAI investment with Tesla board

For the head of Tesla, xAI investment could help development of self-driving and robotaxi projects – after putting the issue to a social...

Tesla electric vehicles use a Tesla supercharging station in Union City, New Jersey, U.S., July 23, 2024.  REUTERS/Eduardo Munoz/file photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPublic TransitTransport

Tesla profit margins worst in five years as price cuts, incentives weigh

Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter

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