Hanwha to Debut L-SAM Missile Defense System at Belgium’s BEDEX Arms Show Hanwha will showcase South Korea’s long-range surface-to-air missile interceptor, known as the L-SAM, at the BEDEX defense exhibition in Belgium, aiming to expand sales in the global market. Hanwha Aerospace and Hanwha Systems said Wednesday they are taking part in BEDEX in Brussels from March 12-14, marking the first participation by a South Korean company. The exhibition, being held in Belgium for the first time, is set to draw major defense firms including Rheinmetall, KNDS and Raytheo March 11, 2026

Alaska Airlines Names Korea Country Manager Yoo Su-jin to Lead Asia Regional Headquarters Alaska Airlines said March 11 that it has appointed Yoo Su-jin, its Korea country manager, to lead its Asia regional headquarters. The company said the move is part of efforts to expand international routes, strengthen premium services and improve global operating capabilities. Alaska Airlines and Hawaiian Airlines have stepped up cooperation as a single group since their merger, expanding their network to 29 international routes and more than 140 destinations across North America, Centra March 11, 2026

Porsche Unveils New Cayenne S Electric With 544-HP AWD System Porsche AG on Tuesday unveiled the new Cayenne S Electric, an all-electric sport utility vehicle. Positioned between the Cayenne Electric and the range-topping Cayenne Turbo Electric, the Cayenne S Electric adds 224 PS over the base model, with a sharper exterior design and a broad list of options, the company said. Its drive system uses permanent-magnet synchronous motors on the front and rear axles, producing 544 PS. With launch control, system output rises to as much as 666 PS. The mo March 11, 2026

Hyundai Glovis wins CDP Korea Award for carbon management in industrials sector Hyundai Glovis said March 11 it won the industrials-sector “Carbon Management Sector Honors” at the 2025 CDP Korea Awards, held March 10 at the Ambassador Seoul Pullman Hotel by the Korea committee of the Carbon Disclosure Project. CDP is a U.K.-based nonprofit that evaluates environmental, social and governance performance. Each year it assesses about 20,000 companies in roughly 90 countries on carbon emissions, climate risks and response strategies, selectively disclosing results. The March 11, 2026

Hana Bank, Jeju Province Sign Deal to Attract and Support Relocating Companies Hana Bank said Wednesday it signed a memorandum of understanding with Jeju Special Self-Governing Province to build a public-private base for attracting companies to the island. The agreement is aimed at helping companies that want to relocate to Jeju settle in and at boosting investment by using the bank’s financial infrastructure. The two sides said they will work together to identify strong companies, share information and strengthen regional economic competitiveness. Hana Bank said i March 11, 2026

BYD Korea Launches Nationwide Roadshow for Dolphin Electric Hatchback BYD Korea said Tuesday it is launching a nationwide traveling exhibition program, the “BYD Dolphin Roadshow.” The roadshow is designed to let people see and experience the small electric hatchback Dolphin, which was released in February, in everyday settings. The vehicle is carried in a specially made transparent showcase trailer that tours major cities as a “mobile showroom.” Running from Tuesday through April 4, the tour starts in the Seoul metropolitan area and will travel to Daegu, Bu March 11, 2026

Geely Auto Group Becomes First Chinese Automaker Named to S&P Global Sustainability Yearbook Geely Auto Group, the parent company of Zeekr, said Tuesday that S&P Global has recognized the company’s sustainability performance in environmental, social and governance, or ESG, areas. The company said Geely Auto Group was included in S&P Global’s “2026 Sustainability Yearbook,” announced Feb. 28, becoming the first Chinese automaker to be listed. The yearbook is based on S&P Global’s Corporate Sustainability Assessment, or CSA, and is widely used as a benchmark for corpor March 11, 2026

Renault Group Targets 36 New Models by 2030, Pushes Electrification and Global Growth Renault Group has laid out a mid- to long-term strategy targeting 36 new vehicle launches by 2030 and annual sales of 2 million units. The plan centers on accelerating the shift to electrification, led by electric and hybrid models, while expanding in global markets. Renault Korea said March 11 that the group announced the “Future Ready Plan” on March 10 local time at its headquarters in France. Built around key brands including Renault, Dacia and Alpine, the plan calls for 36 new models f March 11, 2026

POSCO Future M CEO says LFP cathode mass production to start this year, targeting EV slowdown Eom Gi-cheon, CEO of POSCO Future M, outlined the company’s LFP (lithium iron phosphate) cathode material plans on March 11, speaking with reporters ahead of the opening of InterBattery 2026. “Major domestic battery materials companies plan to roll out mass-produced LFP cathode products within this year,” Eom said. He said POSCO Future M will complete its production line by July or August, go through certification in the third quarter, and supply mass-produced products to domestic customer March 11, 2026

LIG Nex1 Gives Elementary School Entry Gifts to Employees’ Children LIG Nex1 said Wednesday it delivered congratulatory gifts to employees’ children who are entering elementary school this year. The program, launched in 2010 as part of the company’s family-friendly management efforts, has provided entry gifts to a total of about 2,000 children through this year. The company said it is meant to mark the milestone and show support for children’s growth. For about 150 children starting elementary school in early March, the company delivered a set of 27 sch March 11, 2026