EV price competitiveness

WASHINGTON D.C. – South Korea and the United States have agreed to launch formal negotiations over ways to address the negative impacts of the...

LG Chem Ltd., South Korea’s chemicals giant, is set to build the world’s largest single-line carbon nanotube (CNT) manufacturing plant i...

The emergence of a rival is usually a cause of distress for existing players.Micron Technology Inc.’s entry into the DDR5 DRAM arena, however,...

Hankook Tire & Technology Co., South Korea’s top tire maker, will invest $1.6 billion to more than double its output in the US, the world&...

LG Energy Solution Ltd. announced on Monday that it reached an agreement with Honda Motor Co. to establish a joint venture company to produce lithiu...

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

Iljin Materials Co.’s sale process has reached a deadlock as its Chief Executive Heo Jae-Myeong is holding to its price to sell a controlling ...

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...

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

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...

Gourmet food delivery platform Kurly and Golfzon County have won preliminary approval for their initial public offerings set for this year.The Korea...

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

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...

Samsung Electronics Co., the world’s top memory chipmaker, plans to spend 20 trillion won ($15.1 billion) by 2028 on an advanced semiconductor...

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...

When South Korea’s leading steelmaker POSCO Group acquired a 12.5% stake in Australia’s Roy Hill mine for 1.52 trillion won ($1.2 billio...

South Korea’s top noodle maker Nongshim Co. has posted a quarterly operating loss from its domestic business – its first loss in 24 year...

Taekwang Industrial Co., a South Korean petrochemical and textile company, reported its first quarterly loss in 10 years amid weakness in its key bu...

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...

South Korea’s first mobility unicorn Socar Inc. has cut its IPO price by 18% to push ahead with its stock market debut, according to industry ...

  A lot of stock investors have jumped into the bullish market in recent years. But global inflation and recession appear as threats to invest...

The state-run Korea Gas Corp. (KOGAS) has decided to reduce its exposure to a $2.8 billion joint liquefied natural gas (LNG) project in Indonesia in...

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

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, ...

Back in the 1970s and 80s, general trading companies were the vanguards of South Korea’s exports. Daewoo International Corp., LG Internat...

Hyundai Heavy Industries Group, the world’s top shipbuilder, secured another future growth engine from its solar cells and modules business on...