POSCO Future M has secured a significant 1 trillion-won deal to supply electric vehicle battery anode materials to a global automaker, marking its largest contract since entering the business in 2011. This contract highlights the company's crucial role in the electric vehicle supply chain and its expanding partnerships in the automotive industry.

Several global car manufacturers, including Volkswagen and Renault, are reportedly expanding into military production, with Volkswagen converting some of its less utilized models into armored vehicles and Renault producing drones.

South Korea’s Hyundai Motor Group recorded the world’s second-largest operating profit among global automakers last year, surpassing Germany’s Volkswagen Group for the first time, industry data showed Wednesday. The group — which includes Hyundai Motor, Kia and luxury brand Genesis — posted 20.5 trillion won ($13.95 billion) in operating profit in 2025. That placed it behind only Toyota Group, which topped the list with 4.3 trillion yen ($27.15 billion) in operating profit. Industry watchers sai

Chinese factories are increasingly serving as 'training grounds' for executives from global automakers, highlighting a shift in industry dynamics.

Hyundai Motor is projected to rank second globally in operating profit among automotive peers by 2025, according to a recent report.

Automakers Push Toward "Eyes-Off" Driving Despite Mounting Doubts Global automakers are zeroing in on a controversial waypoint in the autonomy race: “eyes-off” driving, known in the industry as Level 3, according to a new report by Reuters. The idea is simple but provocative — motorists could look away to send a message or work on a laptop until the vehicle signals them to retake control. After years spent refining hands-on driver aids that manage steering and speed, companies s...