Hyundai, Kia EVs qualify for US subsidies for first time

Hyundai, Kia EVs qualify for US subsidies for first time

Five electric vehicle models from Hyundai Motor Group, encompassing Kia Corp., were included in the 25 EV models qualifying for US tax credits in 20...

Hyundai premieres IONIQ 9 to be made in US, Korea

Hyundai premieres IONIQ 9 to be made in US, Korea

LOS ANGELES -- Hyundai Motor Co. on Wednesday unveiled the IONIQ 9 with a plan to produce the leading South Korean automaker’s first large ele...

CJ Logistics opens cold-chain logistics center in Georgia

CJ Logistics opens cold-chain logistics center in Georgia

South Korea's CJ Logistics said on Thursday that it completed the construction of a large-scale cold-chain logistics center in the US and has begu...

SK On to cut jobs for first time amid sustained EV weakness

SK On to cut jobs for first time amid sustained EV weakness

SK On Co., the world’s fifth-largest electric vehicle battery maker, plans to cut its workforce with the company’s first voluntary retir...

AB InBev's Oriental Brewery buys Jeju Soju from Shinsegae

AB InBev's Oriental Brewery buys Jeju Soju from Shinsegae

Oriental Brewery Co. (OB), a unit of the world’s largest beer company AB InBev, agreed on Wednesday to purchase Jeju Soju from Shinsegae L&...

HD Hyundai establishes customization plant in Georgia, US

HD Hyundai establishes customization plant in Georgia, US

South Korea's HD Hyundai XiteSolution said on Friday that its construction equipment affiliates HD Hyundai Construction Equipment Co. and HD Hyundai...

US, China to serve as Kia’s key offshore EV production bases

US, China to serve as Kia’s key offshore EV production bases

Kia Corp., South Korea’s second-largest carmaker after its sibling Hyundai Motor Co., has upped the stakes in China and the US to bolster its ...

Shinsegae Dept. Store to sell luxury wines in Gangnam

Shinsegae Dept. Store to sell luxury wines in Gangnam

South Korean retail giant Shinsegae Group is set to sell luxury wines with price tags up to tens of thousands of dollars in Seoul, as demand for pre...

Qcells launches commercial operations at new plant in Georgia, US

Qcells launches commercial operations at new plant in Georgia, US

Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group known as Qcells in overseas markets, ha...

Hyundai to produce hybrid cars at EV-only plant in US state of Georgia

Hyundai to produce hybrid cars at EV-only plant in US state of Georgia

Hyundai Motor Co., South Korea’s top automaker, plans to manufacture hybrid models at its electric vehicle and battery plant in the US state o...

Qcells inks US solar modules, power plants deal with TGC

Qcells inks US solar modules, power plants deal with TGC

Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group also known as Qcells in overseas market...

Hyundai Motor, Matrix Renewables in solar deal to power Georgia EV plant

Hyundai Motor, Matrix Renewables in solar deal to power Georgia EV plant

South Korea’s top automaker Hyundai Motor Group said on Monday it has signed a 15-year power purchase contract with a US solar energy generati...

Korea’s makgeolli market hits brakes amid whiskey fad

Korea’s makgeolli market hits brakes amid whiskey fad

The market growth of South Korea’s traditional milky and often sweet rice wine, makgeolli, has slowed after the country’s younger genera...

Whisky imports hit record high in S. Korea amid falling wine interest

Whisky imports hit record high in S. Korea amid falling wine interest

Soaring highballs propelled whisky consumption to record heights in South Korea last year, while pandemic-driven interest in wine waned significantl...

Shinsegae to close whisky business to focus on profits

Shinsegae to close whisky business to focus on profits

Shinsegae Inc., South Korea’s largest department store and supermarket company, will pull out of the whisky market, bucking the trend of the r...

Lotte Chilsung, E&J Gallo to jointly boost soju sale in US

Lotte Chilsung, E&J Gallo to jointly boost soju sale in US

South Korea’s Lotte Chilsung Beverage Co. announced on Tuesday that it partnered with the world's largest winery E&J Gallo to expand its...

SK, Hyundai Motor's US JV, named Georgia's Deal of Year

SK, Hyundai Motor's US JV, named Georgia's Deal of Year

South Korea’s battery maker SK On and Hyundai Motor Group's joint battery project in Georgia, the US, was awarded the "Deal of the Year 2023 i...

LG to open Kitchen Trip in 100 accommodations in S.Korea

LG to open Kitchen Trip in 100 accommodations in S.Korea

LG Electronics Inc. said on Monday it will start the LG Kitchen Trip, the event of its home appliances for customer experience in 100 tourist spor...

LG Chem opens North America Innovation Center in Georgia

LG Chem opens North America Innovation Center in Georgia

South Korea's LG Chem Ltd. announced on Wednesday it has opened its North America Innovation Center in Georgia, the US. The company also signed a me...

Hyundai Motor, Georgia Tech partner for future mobility tech

Hyundai Motor, Georgia Tech partner for future mobility tech

Hyundai Motor Group has chosen Georgia Tech as its new academic partner in the US to work together on developing sustainable mobility technologies a...

CJ Foodville to invest $37 mn to build bakery plant in US

CJ Foodville to invest $37 mn to build bakery plant in US

Tous les Jours, the bakery brand under South Korea's CJ Foodville, unveiled plans on Tuesday to invest over 50 billion won ($37 million) in its firs...

Hanwha Q Cells brings forward US solar module production

Hanwha Q Cells brings forward US solar module production

Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group, brought forward operations of a US pla...

Hyundai Rotem unveils ultra-large servo press line

Hyundai Rotem unveils ultra-large servo press line

Hyundai Rotem, a subsidiary of Hyundai Motor Group and a South Korean railway system manufacturer, announced on Thursday that it held a demonstrat...

Road near SK On’s US plant in Georgia named SK Blvd

Road near SK On’s US plant in Georgia named SK Blvd

South Korean battery maker SK On announced on Thursday that a road near its US corporation, SK Battery America's (SKBA) site, has been renamed "SK...

Wine bubble bursts in S.Korea as whisky frenzy grows

Wine bubble bursts in S.Korea as whisky frenzy grows

The South Korean fever for wine has cooled, with its imports down in the first half for a second straight year as the popularity of whisky among you...

South Korea's whisky imports surge 50% to record high

South Korea's whisky imports surge 50% to record high

South Korea's whisky imports surged by 50% in the first half of 2023, reaching an unprecedented peak, according to trade data the Korea Customs Serv...

EV9 SUV to be Kia’s 1st EV assembled in US

EV9 SUV to be Kia’s 1st EV assembled in US

Kia Corp. will spend over $200 million to transform part of its assembly plant in the US state of Georgia to manufacture its second all-electric SUV...

S.Korea’s mattress maker Zinus launches premium product line

S.Korea’s mattress maker Zinus launches premium product line

South Korean furniture and mattress maker Zinus Inc., an affiliate of Hyundai Department Store Group, has started a premium mattress line.The compan...

Hyundai, SK battery JV may receive up to $700 mn in US grants

Hyundai, SK battery JV may receive up to $700 mn in US grants

Hyundai Motor Co. and SK On Co. could receive up to $700 million in US tax breaks and grants for their electric vehicle battery plant under construc...

S.Korean convenience store chain CU releases Snoop Dogg sparkling wine

S.Korean convenience store chain CU releases Snoop Dogg sparkling wine

South Korean convenience store chain CU announced on Monday that it exclusively released “Snoop Dogg Cali Gold sparkling wine”, which is...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared