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Hyundai Motor Group Expands EV Market Share

The global electric vehicle market posted only single-digit growth amid the fallout from sluggish domestic demand in China, but Hyundai Motor Group recorded growth approaching 20%, expanding its…

  • Global EV deliveries grew 5.8% YoY to 16.061 million units.
  • Hyundai Motor Group saw 19% increase, reaching 575,000 units, expanding market share to 3.6%.
  • China's Chery and Leapmotor overtook Hyundai with 654,000 and 610,000 units, respectively.

LG Energy Solution Posts Third-Quarter Profit Surge

LG Energy Solution reported sharp gains in profitability in the third quarter of 2026, posting revenue of 9 trillion 643.4 billion won ($7.11 billion) and operating profit of 756.0 billion won ($557.2…

  • Revenue up 59% to 9 trillion 643.4 billion won ($7.11 billion)
  • Operating profit surged 567.3% to 756.0 billion won ($557.2 million)
  • LG secures first ESS supply contract with major tech firm

KB Kookmin Bank Leads W12.60 Trillion GPU Financing

KB Kookmin Bank has secured the mandate to arrange financing and has stepped forward as the lead arranger for an AI computing infrastructure construction project worth about W12.60 trillion (about…

  • KB Kookmin Bank leads W12.60 trillion GPU financing project
  • Brookfield spearheads inaugural GPU financing deal in Korea
  • W10.70 trillion in loans raised, largest syndicated loan in Korea's history

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