electric vehicle subsidy

As on-device artificial intelligence, designed for smart gadgets such as smartphones, laptops and autonomous-driving cars, emerges as a mega-trend f...

South Korea’s mobility platform operator Socar Inc. has introduced a car-sharing service utilizing generative artificial intelligence in coope...

South Korea's Hyundai Motor Group set a historic sales record in the US electric vehicle market, posting its best-ever performance in October. The a...

South Korea's KG Mobility Corp. has partnered with China's largest electric vehicle company BYD to build a battery pack factory in South Korea. They...

HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries Co. have secured Approval in Principle (AIP) from the UK's Lloyd's ...

Shinhan Finance, a subsidiary of South Korea's Shinhan Card in Kazakhstan, has attracted a $60 million investment from the International Finance Cor...

Samsung Electronics Co., the world’s largest memory chipmaker, said on Thursday it aims to develop a next-generation 5-nanometer-processed aut...

South Korea's HD Hyundai Infracore Co. plans to enter the electric commercial vehicle market through the development of truck batteries.The company ...

Hyundai Motor Co. is slated to start selling certified used cars online from Oct. 24, three years after its announcement to enter the 30 trillion wo...

Kia Corp., South Korea’s second-largest automaker, plans to build another purpose-built vehicle (PBV) factory in the country, despite the risk...

South Korea’s CJ Logistics on Friday said its Indian subsidiary CJ Darcl has signed a memorandum of understanding with Tata Motors of India on...

LG Chem Ltd. will supply cathode materials to Toyota Motor's North American battery plant, with the South Korean company concluding its second long-...

South Korea’s top automaker Hyundai Motor Co. and Italian truck maker Iveco Group N.V. have consolidated their business partnership through th...

Hyundai Motor Co. plans to ramp up the production of its compact sport utility vehicle Exter in India to capitalize on the void in the entry-level S...

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...

South Korean shipping and logistics company Hyundai Glovis Co. on Thursday pledged to achieve carbon neutrality by 2045.  Despite producing a h...

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

South Korean chemical and food company Samyang Corp. has begun developing eco-friendly and lightweight parts for electric vehicles (EV) by expanding...

South Korea's Hyundai Motor Co. and Kia Corp. announced on Thursday that they will support wireless connectivity for the vehicle projection services...

South Korea’s near-monopoly power company Korea Electric Power Corp. (KEPCO) is expected to raise electricity rates and lessen its outsized re...

South Korea's leading automotive parts maker Hyundai Mobis on Tuesday announced its Mobis Parking System (MPS) 1.0P (Premium), a performance-improve...

KG Mobility Corp., formerly Ssangyong Motor Co., on Wednesday unveiled its much-anticipated electric vehicle (EV), the Torres EVX. The Torres model,...

Back in the 1990s, South Korea was internationally denounced as a country where people eat dog meat.People hardly recognized nor paid attention to t...

Hyundai Motor Co. has launched a task force team to study its foray into the purpose-built vehicle (PBV) market, in which its sister company Kia Cor...

Hankook Tire & Technology announced on Thursday that it will supply the Hankook RA08, a tire for a small truck to China's BYD 1-ton electric tru...

South Korea’s POSCO Holdings Inc. is seeking to produce blue ammonia in partnership with CF Industries Holdings Inc., the world’s larges...

HD Hyundai Electric Co., the electrical equipment and energy solution company under South Korea’s shipbuilding giant HD Hyundai Co., has won a...

Kia Corp., South Korea’s No. 2 automaker, is struggling to sell its flagship large all-electric sport utility vehicle EV9 at home as high pric...

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

Kia Corp. on Tuesday announced its participation in the MSPO International Defence Industry Exhibition in Kielce, Poland. This marks Kia's firs...