clean car tax credit

The US Inflation Reduction Act (IRA) appears to have violated the Free Trade Agreement (FTA) between the country and South Korea, Korean Prime Minis...

South Korea aims to launch advanced autonomous driving, commercial drone and other urban air mobility services by 2025, as the country strives to be...

Kakao Mobility Corp., which runs South Korea’s most popular taxi-hailing app, and top Korean automaker Hyundai Motor Co. have agreed to launch...

There is no doubt that headwinds to economic and market growth are picking up. Globally, supply chain and energy disruptions have contributed to hig...

Ford Motor Co. Chief Executive Jim Parley will visit South Korea early next week to meet with chief executives of its battery suppliers LG Energy So...

South Korea's National Tax Service (NTS) and the American Chamber of Commerce in Korea (AMCHAM) held a meeting on Sept. 16 to discuss favorable ta...

The HMG Driving Experience Center, which is set to open on Sept. 16, will offer the general public an opportunity to try out aspects of professional...

Samsung Electronics Co., the world’s largest smartphone and memory chipmaker, said on Thursday it is aiming to power its entire operations wit...

The South Korean government has banned L&F Co., a battery materials maker, from building a new plant in the US amid a controversy over the Infla...

The wife and two daughters of Nexon’s late founder Kim Jung-ju have inherited all his shares in the game developer’s holding company NXC...

Hyundai Motor Co. is on track to develop a revamped model of its hydrogen fuel car NEXO, its chief executive said on Wednesday, as the South Korean ...

Two credit rating agencies have lowered South Korean big-box retail giants’ credit profiles. Korea’s top three big-box stores, Homeplus ...

South Korea’s Shinhan Card Co. launched its first credit card in Vietnam to expand its business portfolios into overseas markets as the sector...

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

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

Shinhan Card Co. has joined forces with US legal data and analytics company FiscalNote Holdings Inc. to expand its data business into the global mar...

The National Pension Service (NPS) of South Korea, has committed capital to Blackstone Credit’s Sustainable Resources Platform to enhance the ...

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

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...

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...

South Korea’s largest automaker Hyundai Motor Group ranked third in global car sales in the first half, its highest-ever ranking in terms of v...

The direct lending market is garnering investor attention as it has performed well during periods of market volatility. As banks are cautious to t...

South Korea has conveyed concerns to the US about its legislative move to remove tax credits from electric vehicles produced outside of North Americ...

South Korea's large business groups led a sharp increase in bank lending in July, driving the corporate bank loan growth to a record high, central b...

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 ...

Apollo Global Management Inc., a US private equity powerhouse, is set to launch a credit business in South Korea, aiming for the local private lendi...

Apollo Global Management Inc., a US private equity powerhouse, is set to start the credit business in South Korea, aiming for the local private lend...

South Korea is expected to lag behind China further on autonomous vehicle technology as Shenzhen, the technology hub in Guangdong province, allowed ...

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., on Thursday posted record sales and operating profit for a second consecutive quarter o...