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Hyundai Motor Group has unveiled the interior design and user experience technologies for its purpose-built vehicles (PBVs) as the top South Korean ...

South Korean companies are rushing to set up their own venture capital units, so-called corporate venture capital firms, to seek new growth engines ...

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...

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...

Shares in EcoPro BM Co., a cathode material maker used in electric vehicle batteries, topped the list of South Korean stocks, for which an increased...

South Korea’s top automaker Hyundai Motor Co. will manufacture a hybrid version of its signature SUV, the Santa Fe, in Alabama, earlier than p...

LG Group affiliates, notably LG Electronics Inc. and LG Uplus Corp., are entering the electric vehicle (EV) charging business in full force. In...

South Korea’s top auto parts maker Hyundai Mobis Co. will showcase its latest electric vehicle-related technology at this year’s North A...

Kia Corp.’s compact SUV Sportage Hybrid (HEV) was recognized for higher driving convenience and efficiency, alongside better connectivity and ...

Hyundai Motor Co. and Kia Corp. saw their monthly car sales rise to record highs in the US where carmakers will soon be ineligible for state subsidi...

South Korea’s lawmakers on Thursday passed a resolution to officially express its concerns over the US Inflation Reduction Act (IRA) that remo...

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...

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...

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...

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...

South Korea’s major petrochemical producer Lotte Chemical Corp. faced an earnings shock in the second quarter of 2022, hard hit by the perform...

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 cloud computing service provider LG CNS Co. on Tuesday reported double-digit growth in both profit and revenue in the second q...

Gourmands in North America will be able to enjoy South Korean fried chicken more conveniently as BB.Q Chicken, the country’s leading franchise...

POSCO International Corp., the trading unit of Korean steel giant POSCO, will merge with its unlisted affiliate POSCO Energy Co. to reinforce its en...

South Korea’s largest auto parts maker Hyundai Mobis Co. is poised to spin off two of its major units that make car parts and modules into sep...