White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability 
California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery 
South Korea Factory Activity Returns to Growth in December on Export Rebound 
U.S. Stocks Slip as Gold Rebounds Ahead of Year-End, Markets Eye 2026 Outlook 
Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft 
Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling 
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations 
China Manufacturing PMI Rebounds in December, Offering Boost to Economic Growth Outlook 
Toyota Industries Buyout Faces Resistance as Elliott Rejects Higher Offer 
Citi Forecasts a Volatile but Ongoing Bull Market for S&P 500 in 2026 
Asian Markets End Year on AI Optimism as Precious Metals and Currencies Shine 
Proposed Rio Tinto–Glencore Merger Faces China Regulatory Hurdles and Asset Sale Pressure 
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO 
Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10% 
Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation 
Lululemon Founder Chip Wilson Escalates Proxy Fight to Remove Advent From Board 
Hyundai Motor Group revealed on Wednesday, April 12, that it has launched charging stations for electric vehicles on major highways in South Korea. These are fast-charging stations that will be strategically located in rest stop areas along the highways.
New EV chargers for Hyundai cars
The Korea Herald reported that Hyundai will set up and begin operating these EV charging stations for its new electric vehicle lineups. Based on the available information, the automaker will open 12 stations with a total of 72 high-speed chargers.
It was added that the company will be adding eight more charging stations in major urban locations and these are expected to be completed this year. Electric vehicles made by Hyundai Motor and Kia would be able to charge their units up to 80 percent battery level in just 18 minutes as the automaker is installing 350-kilowatt-hour chargers in every charging station.
Since this is designed for Hyundai’s upcoming EVs, it is clear that its soon-to-be-launched Ioniq 5 crossover unit is one of the models that can be charged in the new charging locations. Kia is also planning to unveil its EV6 SUV in the third or fourth quarter of this year so this is another model that can charge in the stations.
Hyundai to expand its EV-charging biz
In any case, with Hyundai building its own charging stations for its cars, Yonhap News Agency reported that the company’s affiliate Hyundai Electric & Energy Systems Co. disclosed this week that it has signed deals with local operators of electric vehicle charging stations to provide electricity.
The contracts state that Hyundai Electric & Energy Systems (HE) will supply electricity that was sourced from contractors of renewable energies like solar energy. HE is the energy solution division of Hyundai Heavy Industries Holdings Co. (HHIH), a global shipbuilding company and its unit, the Hyundai Oilbank Co. is the one planning to increase the number of electric vehicle charging stations in the country.
It is hoped that by the year 2023, there will be at least 200 units of EV charging stations in S. Korea. Currently, only 20 are in operation and these were installed in gas stations.
