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Hyundai
South Korea
Lotte and Hyundai to Merge Some Petrochem Units
Lotte Chemical and HD Hyundai Chemical have agreed to consolidate part of their naphtha-cracking operations at the Daesan petrochemical complex in South Chungch…
South Korea
Hyundai Motor Signs Mou to Advance Hydrogen Port Development in Pyeongtaek
Hyundai Motor Group (HMG) has signed a multilateral memorandum of understanding (MoU) with Pyeongtaek City and key partners to advance carbon-neutral hydrogen i…
Hydrogen Fuel Cell
Hyundai Motor Breaks Ground on Hydrogen Fuel Cell Facility in South Korea
Hyundai Motor Company, part of South Korea’s Hyundai Motor Group (HMG), has held a groundbreaking ceremony for its new hydrogen fuel cell production plant…
Nuclear Power Plant (NPP)
Hyundai E&C Wins First U.S. Large Nuclear Contract
Hyundai Engineering & Construction (Hyundai E&C) announced on October 26 that it has signed a contract with energy developer Fermi America to lead the basic des…
Offshore Wind Power
South Korean Companies Enter Offshore Wind Partnership
Hanwha Ocean, a Korea-based company, has signed a memorandum of understanding (MoU) with Hyundai Engineering & Construction (Hyundai E&C) in Seoul, South Korea,…
Nuclear Reactor
ENEC Signs Collaboration Deals With Korea, USA
The Emirates Nuclear Energy Company (ENEC) signed a memorandum of understanding (MoU) with Hyundai Engineering & Construction (Hyundai E&C) during a visit to Se…
Electric Vehicle Charging
Wawa Is Getting Ultra-Fast EV Chargers From IONNA
IONNA, a joint venture backed by BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, Stellantis, and Toyota, has partnered with Wawa, a leading U.S. conven…
SMR
ABS Approves Second Korean Floating SMR Plant Design
The American Bureau of Shipping (ABS) has granted Approval in Principle to HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering fo…
Nuclear Power Plant (NPP)
ABS Greenlights Floating Nuclear SMR Design by HD Hyundai Affiliates
The American Bureau of Shipping (ABS) has granted approval in principle (AIP) to HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineer…
South Korea
Hyundai E&C Drops Out of Gadeokdo New Airport Land Reclamation Project
Hyundai E&C, a major South Korean construction company, has withdrawn from the land reclamation project for the Gadeokdo New Airport, citing challenges in meeti…
South Korea
ABS and HD Hyundai Mipo to Drive Digital Automation in Shipyard Operations
The American Bureau of Shipping (ABS) and South Korean shipbuilder HD Hyundai Mipo (HMD) have entered into a joint development project (JDP) to advance digital …
Electric Vehicles
Hyundai Unveils the New Elexio Electric SUV for China With 435 Miles Range
Hyundai introduced its ELEXIO electric SUV at a media-exclusive event in Shanghai, emphasizing its strategic focus on China’s electric vehicle market. Dev…
Decarbonization
HD Hyundai, Maersk to Explore Joint Pathways for Maritime Decarbonization
South Korea’s HD Hyundai and Denmark’s A.P. Møller – Maersk have signed a memorandum of understanding (MoU) to collaborate on sustainab…
China
Wan Hai Lines Seals $816M Deal for Methanol-Ready Boxship Quartet
Wan Hai Lines, a leading Taiwanese shipping company, has contracted two South Korean shipbuilders to construct four dual-fuel methanol-ready container vessels. …
Electric Vehicles
Kia, Hyundai Mobis’s Q1 Sales Hit Record Amid EV Demand Surge but Margins and Tariffs Cloud Outlook
Kia reported its highest-ever first-quarter revenue of 28.02 trillion won ($19.6 billion) and an operating profit of 3.01 trillion won for January to March, ann…
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