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LG Chem to invest $3.2 billion to build cathode plant in Tennessee

LG Chem will invest $3.2 billion to build a cathode plant in Clarksville, Tennessee, aiming to be a major supplier of electric vehicle (EV) battery materials. It...

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...

U.S. is well aware of Korea’s concerns about IRA, says Harris

Korean President Yoon Suk-yeol, right, and U.S. Vice President Kamala Harris shake hands before talks at the Yongsan presidential office in central Seoul...

U.S. stands ready for talks with Korea on EV tax credits

The United States stands ready to engage in serious consultations with Korea on concerns over the Inflation Reduction Act (IRA) that Seoul believes would...

LG Energy Solution and Honda building U.S. EV battery plant

LG Energy Solution and Honda Motor are together investing $4.4 billion to build an electric vehicle (EV) battery plant in the United States, the...

Tesla is Getting a Boost in Korea

  Tesla cars are called many things: visionary, beautiful, dependable, and incredibly expensive. But soon, Koreans will find Teslas will be a bit more affordable. Although...

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