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Industry minister visits Boston Dynamics, praises achievements

Minister of Trade, Industry and Energy Lee Chang-yang visited Hyundai Motor’s Massachusetts-based Boston Dynamics on Friday as he accompanied President Yoon Suk Yeol on...

Korean companies to invest $8 billion in U.S. battery factories

SK On and Hyundai Motor and related companies will together invest $5 billion to build an electric vehicle battery plant in Georgia, a major...

[EXCLUSIVE] Georgia governor says IRA hurts Korean companies

Georgia Governor Brian Kemp said that the Biden administration's Inflation Reduction Act (IRA) is hurting Korean companies, in an exclusive interview with the Korea...

Hyundai Motor, Advent Technologies sign advanced fuel cell deal

Hyundai Motor and Kia will jointly develop a core component for advanced fuel cells with Advent Technologies, a Boston-based fuel cell component manufacturer. Hyundai Motor...

U.S. state attorneys general target #kiaboyz in letter to automakers

A group of 23 U.S. state attorneys general penned a letter to Hyundai Motor and Kia Monday, urging the carmakers to take swift action...

Hyundai Motor Group ranks third-largest automaker in world

Hyundai Motor Group is now the world's third-largest automaker, outpacing General Motors and Stellantis. It's the first time the combined sales of Hyundai Motor and...

Hyundai Motor, Kia vow to release Level 3 autonomous driving technology within the year

Hyundai Motor and Kia plan to release vehicles with Level 3 autonomous driving technology this year, according to a statement by Hyundai Motor in...

Hyundai Motor throws cash at six Korean footballers for contribution at World Cup

Hyundai Motor granted six football players 240 million won ($187,000) for their contribution to making Korea advance to the round of 16 in the...

U.S. EV subsidy rule delay may buy time for Korean carmakers

Battery component rules for U.S. electric vehicle subsidies have been delayed, meaning that more Korean vehicles could qualify. The rules will be issued in March. Battery...

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...

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