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Hyundai to showcase new IONIQ 9 in Koreatown from May 2 to May 18

Hyundai Motor Company is unveiling its all-new IONIQ 9, a flagship three-row electric SUV, at an exclusive exhibition in Los Angeles’ Koreatown from May...

Tesla slashes prices on existing Model Y inventory, costs buyers as low as $34,000

Tesla has launched a significant price reduction on its Model Y inventory, offering some of the lowest prices to date. As the company prepares...

Automakers offer 0% financing on EVs with goals to push sales amid EV tax credit uncertainty

Consumers looking to purchase an electric vehicle or plug-in hybrid now have an opportunity to take advantage of 0% financing offers from multiple automakers,...

Tesla catches fire in South Korea amid growing concerns over EV safety

A fire broke out in a Tesla electric vehicle parked on a road in Yongin, Gyeonggi Province, South Korea, on August 16. It occurred just...

Environmental issues spark permit controversy at Hyundai’s Georgia plant

Hyundai Motor Group's Georgia electric vehicle plant, the Metaplant (HMGMA), currently in its final construction phase and aiming for an October operational start, is...

LG Electronics vows to become a leader in vehicle solutions

LG Electronics vowed to become an industry leader in the automotive solutions business by 2030. The company celebrated the 10th anniversary of its vehicle component...

SK On signs deal with Colorado-based Westwater Resources to develop anode materials

  SK On signed an agreement with Colorado-based Westwater Resources to co-develop anode materials, the key component in making electric vehicle batteries. Under the three-year agreement,...

Strengthening economic alliance meets U.S. protectionism

Korea and the United States are at a crucial juncture in economic cooperation after the two countries pledged to work together in a wider...

[INTERVIEW] IRA offers opportunities to Korean businesses: Ossoff

Jon Ossoff, the Democrat senator who represents one of the most popular U.S. states for Korean manufacturers, said that the 70-year-old bilateral alliance cannot...

Kia increases 2030 goal for clean-energy car production

Kia aims to increase sales of so-called clean energy cars, including electric vehicles (EVs), hybrid and plug-in hybrid cars (PHEVs,) to 2.38 million, or...

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