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Hyundai Motor Group breaks ground in Georgia for electric vehicle factory

Ground was broken Tuesday for Hyundai Motor Group’s $5.54 billion electric vehicle (EV) factory in Georgia. The facility will be the largest Korean automaker’s first...

Korea wants 12 percent global EV market share by 2030

Minister of Trade, Industry and Energy Lee Chang-yang during a meeting with the Korean automotive industry on Wednesday Korea's global EV market...

Korean industry chief to visit U.S. to discuss EV tax credit, chips bills

Korean Industry Minister Lee Chang-yang departed for Washington on Tuesday for talks with U.S. officials on ways to minimize impacts on Korea by new...

Korea may take U.S. to WTO over EV subsidies

The Korean government may file a complaint against the United States with the World Trade Organization (WTO).It says that the Inflation Reduction Act, which...

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