Search results for HMGMA
Industry
Mitsubishi enters humanoid race, targets output of 1,000 units a month by 2027
Mitsubishi is joining forces with Japanese robot startup Highlanders to mass-produce humanoid robots, aiming to secure capacity of 1,000 units a month by the end of 2027 and deploy them on its own factory production lines. The companies have signed an MOU to jointly develop robots and build a mass-production system, with Mitsubishi’s Kyoto plant serving as the production base. The project is driven by worsening labour shortages, the company said.
Finance
KOSPI closes at record high of 7,844
South Korea\'s KOSPI opened lower on Tuesday but turned higher during the session and ended in the 7,800s, setting a record closing high. The benchmark rose 200.86 points, or 2.63 percent, to 7,844.01. Foreign investors net sold 3.72 trillion won as the dollar-won rate climbed to the 1,490 won range, while individuals and institutions bought. Auto and chip shares led gains.
Industry
Hyundai Motor unveils body-on-frame EV battery patent for next mid-size pickup
Hyundai Motor has disclosed a patent for a body-on-frame battery mounting structure for electric vehicles as it steps up preparations to target North America’s mid-size electric pickup market. The design integrates the battery within the frame to secure ground clearance while lowering the centre of gravity and improving protection in off-road conditions. The patent also addresses minimising cabin-space loss. Hyundai has signalled plans for a body-on-frame pickup and highlighted related off-road concepts.