(Photo=Economic Development Secretariat, San Luis Potosi, Mexico X) SL Corporation, South Korea’s leading automotive lighting and exterior parts supplier, has opened a new plant in Mexico to strengthen its position in the North American market. The move aligns with Hyundai Motor Group’s local production expansion and aims to enhance supply chain stability and comply with regional trade rules. According to

(Photo=westinghouse) Hyundai Engineering & Construction (Hyundai E&C), a leading South Korean builder with extensive experience in global infrastructure and energy projects, has partnered with Westinghouse to support a new nuclear power initiative in Finland. On June 23, Hyundai E&C and Westinghouse signed an Early Work Agreement (EWA) with Fortum, Finland’s state-owned energy company, to explore the potential deployment of the

Photo=HD Hyundai Heavy Industries Greek shipping company Tsakos Energy Navigation (TEN) is preparing to order two very large crude carriers (VLCCs), with Korea’s HD Hyundai Heavy Industries and Samsung Heavy Industries emerging as the most likely builders, according to industry sources. The order comes amid increasing demand for long-term tanker charters from major oil firms, rising geopolitical tensions, and a global trend toward replacing aging vessels. TEN

(Photo=Hyundai Motor) Hyundai Motor has taken a major step toward launching its first China-focused electric vehicle, the ‘Elexio,’ by applying for type approval (OTTS) from Chinese authorities. The company is preparing for a third-quarter release with all key specifications now revealed. According to China’s Ministry of Industry and Information Technology (MIIT) on June 23, Beijing Hyundai—Hyundai’s joint venture in China—submitted

(Photo=MotionElements) Lithium-ion battery prices hit a record low last month and are expected to fall below $100 per kilowatt-hour (kWh) this year due to a significant supply-demand imbalance. According to data from KOTRA and the International Energy Agency (IEA) released on June 21, average lithium-ion battery prices dropped to $112 per kWh in May, marking an all-time low. The continued