South Korea

Tesla gets Gigafactory incentives offer from South Korea’s  President Yoon

South Korea’s President Yoon Suk-yeol said that Tesla would get “tailored” incentives if it decides to establish its next gigafactory…

South Korea EV registration jumps in 2022

The Ministry of Land, Infrastructure, and Transport in South Korea has announced that EV registrations in the country have jumped…

South Korean President believes Inflation Reduction Act is contradictory

South Korean President, Yoon Suk-yeol, has talked with U.S. President Joe Biden regarding the Inflation Reduction Act and its impact…

EV incentive system under review following South Korean formal complaint

President Biden's new electric vehicle incentive system is now under review following a formal complaint from South Korean officials. Foreign…

LG Energy Solution is re-evaluating its $1.3B battery plant investment in Arizona

As a result of unprecedented economic conditions, South Korean battery manufacturer LG Energy Solution Ltd. (LGES) is reportedly reevaluating a…