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Friday 11 July 2025
Korean carmakers prepare for Trump tariff-led price surge
Japanese and South Korean automakers are beginning to pass rising trade costs onto American consumers as hopes for a swift resolution to tariff negotiations with the US continue to...
Wednesday 9 July 2025
Trump to impose 25% tariffs on South Korean exports, raising pressure ahead of August deadline

US President Donald Trump has formally notified South Korea of plans to impose a 25% tariff on select imports, with implementation set...

Friday 25 April 2025
Shanghai Auto Show 2025: Global carmakers unveil innovations as Tesla, Hyundai, and Kia sit out
The 2025 Shanghai Auto Show has drawn nearly 1,000 automakers and component suppliers from around the world. Chinese manufacturers continued to lead in presence, but a strong group...
Tuesday 25 March 2025
Hyundai commits US$21B to boost US production, supply chain, and future mobility
Hyundai Motor Group is making a bold US$21 billion bet on the US economy between 2025 and 2028, targeting key B2B sectors across manufacturing, supply chain logistics, steel production,...
Tuesday 18 February 2025
Automakers recalibrate electrification plans as tariffs, subsidies shift
Global automakers are revamping their electrification strategies amid shifting subsidies and tariff uncertainty. After overestimating demand outside China, industry giants from the...
Wednesday 22 January 2025
Hyundai EVs lose US subsidy eligibility under new IRA rules
Hyundai Motor's electric vehicles (EVs) were removed from the US government's electric vehicle subsidy list in late January 2025, just weeks after being included at the start of the...
Monday 13 January 2025
Hyundai invests record US$16 billion in South Korea to accelerate EV, SDV development
Hyundai Motor Group has announced a historic investment of KRW24.3 trillion (approx. US$16.655 billion) in South Korea, marking the largest investment in the company's history. The...
Friday 3 January 2025
Strategic pivot: major automakers invest billions in EV-only plants
Amid the shifting market dynamics of 2024, traditional automakers have recalibrated their electrification strategies. The emergence of dedicated electric vehicle (EV) manufacturing...
Monday 9 December 2024
Kia's EV push in Taiwan sets pace for Asia-Pacific growth
Kia Corporation has made bold moves in EVs, solidifying its position as one of Taiwan's fastest-growing automotive brands. Marking a milestone, Kia hosted its inaugural "Kia EV Day"...
Thursday 14 November 2024
Taiwan automotive market potential leads Kia to host first overseas EV Day
Kia Corporation has chosen Taiwan as the first overseas location for its annual Kia EV Day on November 14, highlighting the market's significance as the fastest-growing territory...
Friday 11 October 2024
Hybrid surge brings new momentum to Taiwan's auto supply chain
Supply chain insiders say that the biggest obstacles to fully electric vehicle (EV) adoption remain a lack of charging infrastructure and limited range, and following a surge in early...
Wednesday 28 August 2024
HMG's US EV sales rank second behind Tesla, tops 10% market share
Despite recent slowdowns in the electric vehicle (EV) market, Hyundai Motor Group (HMG) continues to perform strongly in the United States. The group has secured a 10% market share,...
Friday 12 July 2024
Tesla's EV dominance slips as US market diversifies
Tesla's global Electric Vehicle (EV) deliveries have declined for two consecutive quarters, a trend reflected in the US market.
Thursday 2 May 2024
Hyundai, Kia partner with Baidu for Chinese connected car market
Hyundai Motor and its affiliate Kia view software as a crucial element of their future development. The pair targets China's fast-growing connected vehicle market and will collaborate...
Tuesday 30 April 2024
Hyundai, Kia report record-high 1Q24 revenue under EV headwind
Hyundai Motor and Kia achieved outstanding financial performance in the first quarter of 2024 while facing challenges such as soft battery EV growth, high interest rates, and geopolitics...