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Korean Automobile

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 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...

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...

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