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Trade Minister heads to the U.S. to lobby for IRA changes

Korean Trade Minister Ahn Duk-geun will visit the United States for talks on the Inflation Reduction Act (IRA), which limits subsidies to electric vehicles...
Business

Hyundai to launch Ioniq 6, upgraded Seltos SUV in U.S. next year

Korea's Hyundai Motor Group said Friday it will launch the all-electric Ioniq 6 and the upgraded Seltos SUV in the United States next year...
Business

Hyundai, Kia’s U.S. sales up 7.9% in October amid chip shortage

Hyundai Motor Group said Wednesday its overall vehicle sales in the United States rose 7.9 percent last month from a year earlier despite the...
Korea

Biden tells Yoon in letter that IRA discussions will continue

    U.S. President Joe Biden sent a letter to President Yoon Suk-yeol reassuring him that discussions will continue over Korean concerns about the Inflation Reduction...
Business

Hyundai Motor EV sales in U.S. drop after IRA ends credit

Hyundai Motor EV sales in the United States have fallen since the Inflation Reduction Act (IRA) went into effect. The company sold 1,306 Ioniq 5s...
Korea

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...
Business

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...
Business

Hyundai, Kia’s Aug. U.S. sales rise 18% despite chip shortage

Hyundai Motor and its affiliate Kia said Friday their combined sales in the United States rose 18 percent last month from a year earlier...
Business

South Korea Building Test City for Self-Driving Cars

Hoping to accelerate the development of Korean-made self-driving vehicles, South Korea is building a city filled to the brim with everything an autonomous vehicle...
Business

USA Today Selects ‘Kia Niro’ Ad for Best 2017 Super Bowl Ad

https://www.youtube.com/watch?v=1dQ9a5EFZeI Kia 'Niro' Super Bowl commercial was selected as the best 2017 Super Bowl ad by USA Today. After the 51st Super Bowl game, USA Today...
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