EV exports

Hyundai Motor Co. discussed additional incentives on its planned electric vehicle plant in Georgia with the US state's government as the leading Sou...

The automotive industry around the globe is rapidly transitioning from the manufacturing sector to the digital arena. That is, from an internal...

South Korea’s POSCO Holdings has built a rechargeable battery recycling plant in Poland, in line with Europe’s tougher regulations on ba...

Korea Hydro and Nuclear Power Co. (KHNP) has received a 3 trillion won ($2.25 billion) order to construct turbine islands under the El-Dabaa nuclear...

Hyundai Motor Group Chairman Chung Euisun is off to the US to meet government officials and business leaders as the recently passed Inflation Reduct...

Lotte Group, South Korea’s fifth-largest conglomerate, is set to boost the global sales channels of some 200 Korean small and medium-sized ent...

South Korea is planning to set up a new subsidy policy for electric vehicle purchases, which will be commensurate to the EV makers’ after-sale...

The South Korean government is considering filing a complaint with the World Trade Organization (WTO) over the US' new Inflation Reduction Act (IR...

China was South Korea’s top semiconductor buyer, purchasing 39.7% of overall Korean chip exports in 2021. The percentage increased 13 times ...

South Korea’s Hyundai Motor Group and battery maker LG Energy Solution Ltd. have secured $710 million from financial institutions overseas to ...

Tesla Inc. and other US electric vehicle makers are enjoying strong sales in South Korea thanks to government subsidies while the revised US EV tax ...

General Motors Co. is unlikely to produce electric vehicles in South Korea as it aims to maximize the benefit of the US government’s tax credi...

Major South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) is facing harsh criticism that it has benefited from delaying...

Hyundai Motor Co.'s all-electric IONIQ 5 crossover has won another industry accolade in the US, gathering momentum to expand its market share in the...

SD Biosensor Inc., South Korea’s leading in-vitro diagnostics company, has signed an agreement to supply its COVID-19 self-test kits and other...

South Korea suffered from a larger trade deficit in the first 10 days of the month as semiconductor exports declined on weaker demand for memory chi...

SK Group, South Korea’s No. 2 conglomerate, is seeking to build an electric vehicle charger plant in the US in a move to accelerate the expans...

SK IE Technology Co. (SKIET) secured battery separator orders from Vietnam’s No. 1 conglomerate Vingroup, in the latter's push to expand into ...

South Korea has embarked on efforts to export domestically designed submarines weighing more than 3,000 tons to Australia, while also in the final s...

Hyundai Motor Co. is highly likely to suffer a further production delay for its all-electric crossover IONIQ 5 after South Korean industry sources s...

SK Nexilis Co., a unit of South Korean chemical materials maker SKC Ltd., has developed technology to mass produce ultra-high strength copper foil, ...

Samyang Foods Co. announced Monday it has sold more than 4 billion packets of its uber-popular Hot Chicken Flavor Ramen, or buldak-bokkeum-myeon, to...

South Korea’s electric vehicle and battery makers are expected to benefit from the Inflation Reduction Act of 2022, the US bill designed to br...

Hyundai Motor Co.’s all-electric IONIQ 5 crossover beat two competing models from Volkswagen and Swedish carmaker Polestar in a comparative as...

Samsung SDI Co., a major South Korean battery maker, said on Friday that it is in talks with multiple automakers around the world to supply a next-g...

South Korea’s top chemicals company LG Chem Ltd. has signed a long-term battery materials supply deal with General Motors Co. to support the U...

South Korea’s top four oil refiners exported a combined $27.96 billion worth of petroleum products during the first half of 2022. This marked ...

 South Korea has become the world’s eighth-largest arms exporter, with its exports rising threefold – the fastest pace among the wo...

South Korea’s battery manufacturer Samsung SDI Co. held a groundbreaking ceremony for Plant 2 to make cylindrical batteries in Seremban, Mal...

South Korea’s top automaker Hyundai Motor Co. said on Wednesday it is supplying its all-electric IONIQ 5 crossover to Japan’s taxi servi...