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  • Auto, Semiconductor, and Steel Industries Face Prolonged Labor Strikes
    Auto, Semiconductor, and Steel Industries Face Prolonged Labor Strikes Labor disputes are intensifying in key manufacturing sectors, including automotive, semiconductor, and steel, indicating a prolonged period of strikes. The Hyundai Motor Company union announced a full strike on August 21, following a series of partial strikes, while the Kia union is also ramping up pressure on management after securing the right to strike. SK Hynix continues negotiations over wages and bonuses, and the Posco union faces its first strike threat in 58 years.According to industry reports, the Hyundai union has been conducting partial strikes of four hours each on August 19 and 20. A full eight-hour strike is scheduled for August 21, with additional partial strikes planned for August 24 and 25. This marks the first full strike by the Hyundai union since collective bargaining began in 2016.Notably, the nationwide metalworkers' union is also participating in the strike. Approximately 90,000 workers, including Hyundai employees, parts suppliers, and affiliates, are expected to join in solidarity, potentially halting production lines entirely. Given the production disruptions already caused by previous strikes and the upcoming schedule, Hyundai's production losses are estimated at 60,000 vehicles, with financial losses projected at 2.6 trillion won.The main points of contention between Hyundai management and the union include demands for the reinstatement of dismissed workers, a 50% increase in bonuses, and an extension of the retirement age. The metalworkers' union is also advocating for securing primary negotiations, halting price cuts from parts suppliers, and extending the retirement age within the Hyundai Group. A representative from the Hyundai and Kia unions stated, "The company has reported record profits but is unfairly distributing rewards only to executives, ignoring the hard work of union members. We strongly condemn management's behavior of celebrating bonuses while neglecting our members' contributions."The semiconductor industry is also at a critical juncture following disputes over bonus distribution. SK Hynix's management and union reached a tentative agreement to distribute 60% of the excess profit-sharing bonus in company stock and 40% in cash, breaking from the previous principle of full cash payment.However, tensions remain. Internal dissatisfaction with management's proposal has led to the formation of a new "integrated union" that encompasses both production and technical staff, indicating potential conflicts within the labor force. As this agreement is still tentative, it awaits a vote from union members, raising questions about whether it can overcome internal dissent amid the ongoing labor strife.In the steel and shipbuilding sectors, labor disputes over wages and collective agreements are escalating, raising the specter of strikes. Posco secured legal grounds for a strike following a decision by the Central Labor Relations Commission to halt mediation on August 18, putting its 58-year history of no strikes at risk.Since wage negotiations began in June, Posco's management and union have held six rounds of talks but have failed to reach an agreement due to differing positions on wage increases and bonuses. The union is demanding a 7.1% increase in base salary and a 600% bonus, while management has proposed a 1.5% increase in base salary and a bonus of 2.5 million won.The shipbuilding industry, currently experiencing a boom, is also facing heightened tensions over wage negotiations. The HD Hyundai Heavy Industries union applied for labor dispute mediation with the Central Labor Relations Commission on August 14 and plans to hold a vote on strike action from August 25 to 27. The two sides are at odds over base salary increases, expanded bonuses, and sharing 30% of operating profits.Hanwha Ocean is also encountering difficulties in its wage negotiations, having held 15 rounds of talks since June without narrowing the gap between the two sides. The uncertainty in labor relations is further complicated by issues surrounding direct negotiations between subcontractor unions and primary contractors due to the implementation of revised labor laws. 2026-08-20 18:28:00
  • Employee Exodus at Korea Investment Trust Amid ETF Market Challenges
    Employee Exodus at Korea Investment Trust Amid ETF Market Challenges Korea Investment Trust is experiencing a notable departure of personnel in its operations, product, and marketing divisions. While job changes are common in the asset management sector, they typically peak at the beginning of the year. Departures are less frequent during the year, especially when firms are focused on sales efforts. This recent trend at Korea Investment Trust is considered unusual by industry observers.According to the financial investment industry on August 20, approximately five employees related to operations, products, and marketing have left Korea Investment Trust this year. Given the size of the ETF team, which includes about seven operational staff and totals around 20, this is a significant number.Reports indicate that these individuals have moved to competitors such as Shinhan Asset Management, KB Asset Management, Hana Asset Management, and DS Asset Management. Employees from the product division have transitioned to KB Asset Management, while some marketing staff have recently joined Hana Asset Management and DS Asset Management. There are also indications that more operational staff may leave for Shinhan Asset Management in the second half of the year.Analysts suggest that a combination of internal and external factors has contributed to this employee exodus.Externally, intensified competition in the ETF market is a significant factor. Korea Investment Trust has been strengthening its ETF offerings, particularly focusing on U.S. big tech stocks, but its market share has not seen substantial growth.Internally, uncertainties regarding organizational restructuring and compensation have been cited as reasons for the departures. In May, Korea Investment Trust announced during an internal meeting that it would separate its passive and active management divisions, a decision communicated to the entire company. However, the specifics of the separation and personnel transitions have yet to be finalized, with expectations that these will be determined in the second half of the year.There are also concerns within the company that the performance bonuses expected to be paid early next year may fall short of expectations. This anxiety has been exacerbated by a reported loss of approximately 6 billion won during the regular rebalancing of the ACE Nuclear TOP10 ETF in June, raising worries about this year's performance.In terms of profitability, the gap between Korea Investment Trust and its competitors is widening. According to the Financial Investment Association, last year's net profits were 713 billion won for Mirae Asset Management, 133.9 billion won for Samsung Asset Management, 115 billion won for KB Asset Management, 64.2 billion won for Korea Investment Trust, and 50 billion won for Shinhan Asset Management. However, the net profits for the first half of this year have shifted to 906.2 billion won for Mirae Asset Management, 129.4 billion won for Samsung Asset Management, 78.3 billion won for KB Asset Management, 47.4 billion won for Shinhan Asset Management, and 43.7 billion won for Korea Investment Trust.An industry insider noted, “While performance bonuses were relatively high at the beginning of the year, uncertainty about next year's bonuses seems to have dampened morale, leading some employees to seek opportunities elsewhere while conditions are still favorable.”However, representatives from Korea Investment Trust maintain that the level of employee departures is not particularly high. A spokesperson stated, “The turnover rate for the first half of the year is in line with the industry average.”* This article has been translated by AI. 2026-08-20 18:24:00
  • Private Universities Handle 85% of Higher Education, Says Association Chair
    Private Universities Handle 85% of Higher Education, Says Association Chair Yoo Won-jun, chair of the Korea Association of Private University Professors, criticized the government for excessive interference and "severe state control" over private universities. He pointed out that while private institutions account for 85% of the country's higher education, the government has focused on regulation rather than fostering growth, adhering to the principle of cost-sharing for the past 80 years.During a conference held on August 20 at the National Assembly, Yoo addressed the current state of government higher education policies. He stated, "The most significant characteristic of our higher education system is its reliance on private universities," noting that 85% of universities and about 80% of students are enrolled in private institutions, making South Korea unique globally. He emphasized that without resolving issues facing private universities, the broader challenges in higher education will remain unsolvable.Yoo specifically criticized the government's irresponsible oversight and excessive regulations. He remarked, "While South Korea, Japan, and Taiwan share a high proportion of private universities, our government’s control is more severe than in Japan or Taiwan." He added, "Under the guise of the cost-sharing principle, the government has interfered with tuition increases for 15 years, even declaring entrance fees illegal during the Moon Jae-in administration."He also highlighted the distorted university structure in the Seoul metropolitan area as an example of government neglect in higher education. "More than half of the population resides in the capital region, yet national universities make up only 2.4% of the total, with 97.6% being private institutions," he said, pointing out that Gyeonggi Province, with a population of 14 million, has only one national university, Hankyong National University. He stressed that it is a clear contradiction for the state to impose various regulations while failing to fulfill its responsibility to expand higher education infrastructure.Yoo raised concerns about the chaotic legal framework surrounding universities in South Korea. He noted, "In Japan and Taiwan, there are only 2 to 3 laws related to university establishment, with 3 to 5 types of universities. In contrast, we have 17 laws and 27 types of universities, making it so complex that even officials at the Ministry of Education do not know how many universities exist in our country."He called for groundbreaking reforms to ensure the survival of private universities and the advancement of higher education. Key proposals included dismantling the hierarchy based on private educational institutions, ensuring transparent disclosure of university information, and providing substantial operational support based on university evaluations.Finally, Yoo criticized the recently proposed policy for free national university tuition, stating it was introduced without sufficient review and would harm private universities without benefiting national institutions. He urged the government to reduce unnecessary short-term project funding and shift to direct financial support that allows universities to autonomously allocate resources where they are most needed.* This article has been translated by AI. 2026-08-20 18:20:10
  • Modernas mRNA Cancer Vaccine Market Expands, Promising New Treatment Paradigm
    Moderna's mRNA Cancer Vaccine Market Expands, Promising New Treatment Paradigm Messenger ribonucleic acid (mRNA) technology, previously focused on infectious disease vaccines, is now making significant inroads into cancer treatment. Moderna has confirmed meaningful efficacy in a large-scale Phase 3 trial of its personalized mRNA cancer vaccine, indicating that mRNA could revolutionize cancer therapy.On August 19, Moderna and Merck (MSD) announced the results of their Phase 3 trial involving 1,137 high-risk melanoma patients. The trial assessed the combination of the personalized mRNA cancer vaccine, Intismeran, and the immunotherapy drug Keytruda.Patients who received both treatments after surgical removal of their tumors experienced a significantly longer period before cancer recurrence or metastasis compared to those who received only Keytruda. Specific efficacy data will be disclosed at an upcoming international conference.The core of this treatment lies in the understanding that even within the same type of melanoma, the mutations in cancer cells can vary from patient to patient. Researchers analyze the surgically removed tumors to identify mutation proteins, known as neoantigens, that are present only in cancer cells. Based on this analysis, they create a tailored mRNA vaccine for each patient.Once administered, the vaccine instructs cells to produce protein fragments resembling neoantigens, which immune cells recognize as markers of cancer cells. This process enables immune cells to identify and attack cancer cells exhibiting similar characteristics. Keytruda, administered alongside, acts as an immune checkpoint inhibitor that removes barriers preventing immune cells from attacking, allowing Intismeran to signal the targets for the immune response.The personalized nature of this treatment is particularly advantageous for mRNA technology, which serves as a blueprint for instructing cells on which proteins to produce. This adaptability allows for easy modification to match the unique characteristics of each patient's cancer. The time required to analyze tumors and develop a suitable vaccine is approximately six weeks.The growth potential of the mRNA therapeutic market is substantial. According to global market research firm Vision Research Reports, the global mRNA therapeutic market grew from $10.66 billion in 2024 to $12.31 billion last year. It is projected to reach $45.04 billion by 2034, with a compound annual growth rate (CAGR) of 15.5%.The successful commercialization of COVID-19 mRNA vaccines has been a pivotal moment for the mRNA platform, demonstrating rapid development, production, and scalability within the global supply chain. This success has significantly increased trust in the efficiency and safety of mRNA technology. The report notes, "Clinical research on mRNA vaccines and combination therapies is expanding for major solid tumors such as lung, colorectal, and breast cancers."Jung Yoon-taek, director of the Pharmaceutical Industry Strategy Research Institute, stated, "As the role of mRNA vaccines expands into therapeutics, there is now a motivation to diversify mRNA-based treatments." He added that competition among companies targeting various cancer types is expected to intensify.* This article has been translated by AI. 2026-08-20 18:20:00
  • Chinas Wang Yi Urges South Korea to Avoid Choosing Sides
    China's Wang Yi Urges South Korea to Avoid Choosing Sides Wang Yi, a member of the Political Bureau of the Communist Party of China and Foreign Minister, praised the South Korean government's approach to China during his official visit on August 20, stating that "returning Korea-China relations to a normal trajectory was the right choice." He emphasized the importance of pursuing 'strategic autonomy' while developing relations with major countries like China and the U.S., urging against siding with any particular bloc.According to China's state-run Xinhua News Agency, Wang met with President Lee Jae-myung at the Blue House. He noted that the mutual visits between the leaders of Korea and China over the past two months have provided significant political assurances for improving and developing bilateral relations and have outlined a strategic direction for the future.Wang assessed that the comprehensive recovery and positive progress in Korea-China relations this year demonstrate that a rational, practical, and proactive policy toward China aligns with South Korea's interests and the current global trends.He also stated, "China will become the world's largest market in the future," expressing a willingness to share development opportunities with all countries, especially neighboring ones. Wang urged President Lee to continue promoting friendly policies toward China, expressing hope that the 35th anniversary of Korea-China diplomatic relations next year would further enhance the strategic cooperative partnership between the two nations, contributing to their development and regional peace and prosperity.Wang called for strengthened economic cooperation, stating, "In a time of deepening global economic division and rising trade protectionism, Korea and China should play exemplary roles," and urged for the swift conclusion of Phase 2 of the Korea-China Free Trade Agreement (FTA). He emphasized the need for concrete actions to promote regional economic integration and advance inclusive and mutually beneficial economic globalization.On the same day, Wang held a separate strategic dialogue with National Security Director Wi Sung-lak, where he articulated China's stance on security issues, including Korea-China relations, U.S.-China relations, and the Korean Peninsula.Xinhua reported that Wang stated, "China's policy toward Korea maintains consistency and stability, placing Korea in an important position in its foreign relations." He expressed hope that Korea would realize true strategic autonomy and refrain from engaging in bloc confrontations or choosing sides, emphasizing the need to develop relations with major countries like China and the U.S. in a non-contradictory manner.Regarding the Korean Peninsula, the two sides exchanged views. Wang argued that the fundamental solution to the tensions on the Peninsula lies in addressing the root causes, calling for the U.S. to abandon its hostile policy toward North Korea.He further stated that all countries should take actions that facilitate dialogue resumption and mutual trust restoration, welcoming the movement toward peaceful coexistence between North and South Korea. Ultimately, he stressed the need to transition the armistice system on the Korean Peninsula to a peace system to achieve long-term peace and stability.Wang also strongly criticized Japan's rightward shift, warning that "Japan's right-wing forces must be cautious of actions that turn back the wheels of history" and asserting that the revival of Japanese militarism must not be allowed. 2026-08-20 18:16:00
  • Independent Forfeiture Law Passes in South Korea, Allowing Seizure of Criminal Proceeds
    Independent Forfeiture Law Passes in South Korea, Allowing Seizure of Criminal Proceeds South Korea is set to implement an 'independent forfeiture system' that allows the government to seize criminal proceeds even if the perpetrator has died or fled abroad. On August 20, the National Assembly approved an amendment to the Act on the Regulation of Criminal Proceeds Concealment. The new system will take effect one year after the law is promulgated.Previously, the current law required a criminal indictment and a guilty verdict from a court before forfeiture could occur. This created significant challenges in recovering hidden criminal proceeds when the perpetrator was deceased, had fled, or could not be identified.The amendment aims to close these legal loopholes. Prosecutors will now be able to file a forfeiture request with the court separately from criminal proceedings, even in cases where charges are difficult to bring.The independent forfeiture and confiscation will focus on serious crimes that threaten public safety and national security. Key offenses include voice phishing, illegal online gambling, drug crimes, and sexual exploitation of children and adolescents, as well as digital sex crimes.Additionally, crimes that undermine constitutional order, such as treason, foreign exchange violations, rebellion, and bribery or embezzlement committed in the course of official duties, will also be included. In cases related to constitutional order crimes, independent forfeiture and confiscation can occur even if the statute of limitations has expired.Under the amendment, forfeiture and confiscation orders will be issued by the relevant court or the court where the forfeited property is located, and parties will have the right to appeal immediately.This legal change is expected to significantly enhance South Korea's ability to respond to transnational crime by allowing direct targeting of criminal proceeds, regardless of the status of the perpetrator. Furthermore, the restitution of recovered assets to victims is anticipated to contribute to the practical recovery of losses for victims of economic crimes.With the introduction of this system, South Korea will align its legal framework with international standards recommended by the United Nations Convention Against Corruption (UNCAC) and the Financial Action Task Force (FATF), similar to major developed countries like the United States, the United Kingdom, Germany, and Switzerland.Justice Minister Jeong Seung-ho stated, "The introduction of the independent forfeiture system has established a legal foundation for thoroughly tracking and recovering hidden criminal proceeds. We will continue to refine the criminal proceeds recovery system to protect the public and contribute to victim recovery efforts."* This article has been translated by AI. 2026-08-20 18:08:10
  • Korean Minister Kim Jong-kwan Reports Progress in U.S. Investment Talks
    Korean Minister Kim Jong-kwan Reports Progress in U.S. Investment Talks Korean Minister of Trade, Industry and Energy Kim Jong-kwan announced that there is mutual understanding between South Korea and the United States regarding the first investment project, which is set to be revealed in September.After returning to Incheon International Airport on August 20 from his visit to the U.S., Kim stated that considering the remaining discussions and procedures, the announcement is likely to occur in September.Kim's trip to the U.S. on August 16 came unexpectedly after the abrupt dismissal of former trade chief Yeo Han-goo. During his visit, he directly managed discussions on U.S. investments and tariff negotiations. He met with U.S. Secretary of Commerce Gina Raimondo on August 17 and 18 in Washington, D.C., to address specific issues related to strategic investment projects. On August 19, he discussed trade matters, including tariffs, with U.S. Trade Representative Katherine Tai."As we aim for the end of August or early September for continued negotiations, there are several unresolved issues among the working-level teams," Kim explained. "There was a suggestion to resolve these matters at the ministerial level, and in that regard, we made significant progress during this visit to the U.S."He added, "We had extensive discussions with Secretary Raimondo over two days and believe we resolved many issues. Although I returned home, we plan to find a consensus through a video conference next week."The first investment project is primarily focused on the energy sector. In response to speculation that the U.S. requested investments in the semiconductor sector, Kim clarified, "We are currently concentrating on discussions in the energy sector. Given the timeline, we cannot shift to other areas, so we are actively discussing energy-related matters."When asked who initiated the visit, Kim stated, "It seems there was a consensus on both sides that it was time for the ministers to meet."The results of the U.S. investigation into overproduction under Section 301 of the Trade Act are expected to be released by the end of this month or early next month.Regarding his meeting with Tai, Kim noted, "We reached an understanding on the 15% tariff cap, and there was discussion about the announcement not being far off, mentioning a timeframe of about two weeks." He anticipates that the announcement will likely occur by the end of August or early September but emphasized the need for vigilance due to potential unforeseen circumstances.Addressing concerns about a potential gap in U.S.-Korea trade negotiations following Yeo's dismissal, Kim stated, "I explained the situation to the USTR. The U.S.-Korea relationship is not determined by the status of a single individual but rather by the collective efforts of the entire organization."He added, "Since both sides have agreed that Deputy Trade Minister Park Jeong-seong will continue to serve as acting head, the two agencies should be able to coordinate effectively. If any gaps arise, I will personally engage with Representative Tai to ensure that national interests are not compromised."As for future plans to visit the U.S., Kim said, "There are no plans at this time, but we will continue discussions through video conferences next week."* This article has been translated by AI. 2026-08-20 18:08:10
  • MyRealTrip Successfully Concludes MCBE VIP Program Featuring Son Heung-min
    MyRealTrip Successfully Concludes 'MCBE' VIP Program Featuring Son Heung-min Travel platform MyRealTrip has successfully concluded its exclusive VIP viewing program, 'Money Can't Buy Experience' (MCBE), featuring South Korean national team striker Son Heung-min, who plays for Major League Soccer's Los Angeles FC (LAFC).This program was organized under MyRealTrip's status as the official Korean partner of LAFC. In January, MyRealTrip became the first travel agency to establish an official partnership with an MLS team, securing exclusive rights to sell official tickets and provide access to the stadium, as well as to create and sell viewing tours and package products.This year's MCBE program was held during two major home games: against Real Salt Lake on July 23 and against San Diego FC on August 16, with a limit of 20 participants per game.Participants enjoyed a unique experience beyond just watching the game. They took part in a private tour of BMO Stadium, exploring the lounge, player entrance, press box, and warm-up area. Before the match, they observed players warming up from field level and had access to a VIP area with food and beverages.Exclusive premium seating close to the cheering section was also provided. Additionally, the program included experiences such as the 'Falcon' victory ceremony, interactions with club legends and executives, and post-game fan meetings with players.Thanks to the support of fans, Son Heung-min scored during the match against Real Salt Lake, leading the team to a 3-1 victory. He also started in the match against San Diego, playing the full 90 minutes.A MyRealTrip representative stated, "We planned experiences that only MyRealTrip can offer for sports-loving travelers. We will continue to prepare special experiences in sports and other fields, which will be revealed sequentially."MyRealTrip is also offering combined packages that include official LAFC game tickets and day tours to major attractions in Los Angeles, such as Griffith Observatory and Hollywood. These packages start from Koreatown, include a tour of the attractions, and provide transportation back to accommodations after the game.In September, a 5-night, 7-day sports semi-package will be launched, featuring games between LAFC and Major League Baseball's LA Dodgers and San Francisco Giants.* This article has been translated by AI. 2026-08-20 18:08:00
  • North Korea fires multiple ballistic missiles as US-South Korea exercise winds down
    North Korea fires multiple ballistic missiles as US-South Korea exercise winds down SEOUL, August 20 (AJP) - North Korea fired a dozen ballistic missiles toward the East Sea on Thursday, as the annual U.S.-South Korea military exercise neared an early end following U.S. President Donald Trump's order to scale it back, while Chinese Foreign Minister Wang Yi wrapped up a two-day visit to Seoul. The Joint Chiefs of Staff here said it detected about 10 short-range ballistic missiles launched at around 5 p.m. and that military authorities were analyzing their types, flight distances and other details. The latest provocation involving a barrage of ballistic missiles came about a week after its previous such launch. Pyongyang launched a short-range ballistic missile from Wonsan, Kangwon Province toward the East Sea on Aug. 6, followed by another launch of a ballistic missile from the same area on Aug. 12 that traveled more than 700 kilometers. Thursday's launch came during the annual Ulchi Freedom Shield (UFS) exercise, which began Monday. The exercise had originally been scheduled to run for 11 days through Aug. 27, but South Korea and the U.S. agreed to end it Friday, Aug. 21, and reduce some field training drills after Trump ordered the Pentagon on Aug. 16 to "substantially" scale back U.S. participation. Trump has cited the cost of the exercises and his relationship with North Korean leader Kim Jong-un in calling for their reduction, while also saying this week that he plans to meet Kim later this year. Kim's sister Yo-jong, dismissed the cut as insufficient, saying the exercise remains provocative despite being shortened. The launch also came as Wang concluded his two-day visit to Seoul. Wang held talks with Foreign Minister Cho Hyun the previous day and met President Lee Jae Myung on Thursday, with the Korean Peninsula and efforts to revive dialogue with North Korea among the key issues discussed. Wang said Beijing would continue to play a "constructive role" in promoting peace and stability on the Korean Peninsula. 2026-08-20 18:06:20
  • Genesis Unveils GV90 and GV90 Neolun Electric SUVs
    Genesis Unveils GV90 and GV90 Neolun Electric SUVs Genesis has unveiled its first ultra-large flagship electric SUV, the GV90, along with the GV90 Neolun. The world premiere took place on August 19 in San Francisco, where Genesis showcased both models. The GV90 is built on Hyundai Motor Group's next-generation electric vehicle platform, known as 'eM.'The GV90 stands out with its large body and bold front design, differentiating it from existing Genesis SUVs. While it retains the brand's signature dual-line lamp design language, the absence of the traditional crest grille significantly alters the front appearance.Online reactions to the GV90's design have been mixed. Some users described the front as resembling “triangular underwear,” “like women's panties,” or likened it to a character from Pixar's 'Cars.'Comments included sentiments like, “Wasn't the dual-line lamp a symbol of Genesis?” and “The front design of the GV80 is much better; I’m disappointed with this design.” Consumers who preferred the combination of the crest grille and dual-line lamps found the electric vehicle's front to be relatively bland.One user noted, “The dual-line lamps only complete the design when paired with the Genesis shield-shaped crest grille. Without the unique grille, the dual-line lamps feel quite plain and empty.”Conversely, some praised the design, stating, “It’s pretty,” and “It seems aimed at the American market; the B-pillarless style is likely to appeal to Americans.”Beyond its design, the GV90 boasts impressive specifications. According to domestic certification processes, the GV90 combines a front electric motor rated at 240 kW (326 horsepower) and a rear motor at 250 kW (340 horsepower), achieving a total output of 666 horsepower. The battery capacity is approximately 123.5 kWh, providing a combined driving range of 481 km on a single charge. The urban driving range at normal temperatures reaches up to 503 km, while highway driving is rated at 453 km, and the cold weather combined range is 431 km.However, the GV90's substantial size and large battery result in a curb weight of 3,030 to 3,060 kg. Some consumers expressed disappointment that the driving range does not exceed 500 km given the vehicle's size and weight.There were also opinions lamenting the fact that it is an electric vehicle. One user remarked, “I wish it were an internal combustion engine or hybrid due to the design, as wealthy individuals are likely to choose gasoline options.”Nonetheless, the GV90 is significant as a symbolic model for Genesis, targeting the luxury SUV market in the era of electrification. Notably, the B-pillarless coach door, which garnered attention in the Neolun concept, is also featured in the GV90, emphasizing its unique appeal in the premium SUV segment. 2026-08-20 18:04:20