clean car tax credit

The Tesla Model Y reclaimed the top spot on the best-selling imported car list in South Korea last month for the first time since September 2022. Th...

Hyundai Motor Co. and Kia Corp. have joined Tesla's Supercharger network for electric vehicles (EV).The North American branches of the two South Kor...

Major South Korean companies’ spending on research and development lags investments made by their global competitors due to lower government t...

South Korea's Hyundai Steel Co. is aiming to reduce its dependence on its affiliates Hyundai Motor Co. and Kia Corp. to become one of the world&rsqu...

South Korea's Samsung Engineering is ramping up its strategies in the carbon capture, utilization, and storage (CCUS) arena by securing partnerships...

Sport utility vehicles (SUV) and small pickup trucks in South Korea are occupying a larger share of the domestic automotive market.Industry sources ...

Recreational vehicles (RVs) in South Korea like sport utility vehicles (SUV) and small pickups are occupying a larger share of the domestic automoti...

South Korea’s LG Chem Ltd. said on Sunday it will build a lithium phosphate iron (LFP) cathode materials plant in Morocco in partnership with ...

Kia Corp., South Korea’s No. 2 automaker, on Thursday announced the launch of its newest electric vehicle (EV), The Kia Ray EV, an electrified...

Samsung Electronics Co. signed a business agreement with KB Kookmin Card and American Express on Tuesday for the launch of an Internet-of-Things (Io...

It has been revealed that spending by foreign tourists visiting Jeju Island has significantly increased since the end of the COVID-19 pandemic.Accor...

Hyundai Motor Group supports Busan’s bid to host the 2030 World Expo with IONIQ 5, IONIQ 6, and Genesis G80 covered with graffiti reading &l...

In South Korea’s automobile industry, it is widely acknowledged that the country’s homegrown premium car brand started with the Genesis....

South Korea’s SK Forest Co. and NH Investment & Securities on Friday held a launching ceremony for their joint supply of high-efficiency c...

SK Rent-a-Car plans to overhaul its existing fleet of internal combustion engine vehicles in favor of electric cars. The company aims to capitalize ...

South Korea has signed a free trade pact with the Philippines, which is expected to bolster Korean car exports to the Southeast Asian country with a...

Hyundai Motor Co. and Kia Corp. on Wednesday announced their development of rotator cam technology using a small wiper and rotation of the cover gla...

South Korea’s lubricating oil maker SK Enmove Co. is setting its sights on electric vehicle lubricants and liquid coolants for thermal managem...

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to raise vehicle shipping rates considering the sharp rise ...

CHENNAI, INDIA – When Hyundai Motor Co. decided to establish its operations in Chennai, India, 27 years ago, many of its executives in Seoul q...

Hyundai Motor Group is set to develop technology to produce clean hydrogen from food waste as the world’s third-largest automaker aims to ce...

South Korea’s three major battery makers – LG Energy Solution Ltd., SK On Co. and Samsung SDI CO. – are increasingly anxious about...

Hyundai Mobis Co., the world’s sixth-largest auto component maker, is slated to partner with Israeli chipset maker Autotalks Ltd. to develop 5...

Kia Corp., South Korea’s second-largest automaker, on Friday unveiled the design of the EV5, its first China-made all-electric vehicle that th...

Hyundai Motor Co.'s premium brand Genesis secured first place in J.D. Power 2023 Tech Experience Index (TXI) study In this year’s J.D. Po...

Korea Credit Data (KCD), a South Korean fintech startup focusing on small- and medium-sized enterprises (SMEs), has raised 100 billion won ($75.7 mi...

Artificial intelligence, bio and clean tech are in their early stages of development for LG Group, but they should lead the South Korean conglomerat...

LG Display Co., the world’s leading manufacturer of large-size organic light-emitting diode (OLED) panels, said on Wednesday it aims to more t...

A leading US consumer satisfaction survey has ranked car seats made by South Korea’s Hyundai Transys in the top three for the fourth consecuti...

South Korea's hybrid car market has shown a remarkable surge, reaching 6.12 trillion won ($4.56 billion) in the first half of 2023, according to the...