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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...

Lee & Ko hired by government to do IRA-related legal work

Lee & Ko has been engaged by the government for legal work related to possible challenges to the Inflation Reduction Act (IRA). Local press reports...

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...

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...

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...

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...

Time to play hardball with U.S. on chips and cars, Yang says

Korea failed to negotiate effectively with the United States on chips and cars, and the country's diplomats and legislators are to blame, one lawmaker...

Leaders of Korea, U.S. reaffirm commitment to resolve EV tax credit issue: ambassador

Ambassador Cho Tae-yong during an interview at the Korean embassy in Washington D.C. on September 15. Korean President Yoon Suk-yeol and U.S....

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, U.S. agree to launch formal talks on U.S. Inflation Reduction Act: Amb. Cho

The U.S. government has agreed to launch formal talks with Korea on ways to minimize the adverse effects of the recently enacted Inflation Reduction...

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