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Industry

LG Electronics supplies OLED monitors for Hyundai Motor racing simulator

LG Electronics' OLED monitors are being installed in Hyundai Motor's high-performance racing simulator, expanding their application area. LG Electronics said on May 11 it will supply OLED monitors for the 'Hyundai N Racing Simulator' developed for Hyundai's N brand. The simulator will be sold in two versions, Pro and Racer. The Pro model uses a 65-inch LG OLED Pro monitor, while the Racer model uses a 65-inch LG OLED TV.

Finance

Shinhan Bank expands green energy cooperation with Shinhan Asset Management, Hyosung Heavy Industries

Shinhan Bank will expand cooperation with Shinhan Asset Management and Hyosung Heavy Industries on global renewable energy projects. The bank said it signed a business agreement on May 8 at TP Tower in Seoul’s Yeouido district to strengthen competitiveness in global energy infrastructure. The partners plan to broaden collaboration in overseas energy infrastructure based on experience managing the Shinhan-Hyosung Global Greenway Fund. Shinhan Bank plans to provide project finance arranging, foreign-currency payment guarantees and derivatives.

Mobility

Tesla Semi electric truck battery capacity: long range 822 kWh, standard 548 kWh

Tesla’s Semi electric truck battery capacity has been confirmed through official documents, with the long-range version listed at 822 kWh and the standard version at 548 kWh. The long-range model maintains a 500-mile range at an 82,000-pound gross weight, prompting attention to efficiency gains. Tesla’s Megacharger network is expanding across the United States, and production has begun at its Nevada plant, though delivery projections for this year vary widely.