Korea EV & Batteries

Coverage of South Korea's electric vehicle and battery sector — makers, supply chains, and demand trends.

Latest news

SK Innovation to Absorb Battery Separator Unit SKIET

SK Innovation will absorb its separator unit SKIET, citing a slowing EV market and Chinese price pressure, with merger shares to list in January.

Published 2026.08.25. 17:28:33

Korea's First Mid-Size Electric Truck GIXEN Debuts at EV Trend Korea 2026

South Korea's first mid-size electric truck, the GIXEN, was showcased at EV Trend Korea 2026 held at COEX in Seoul.

Published 2026.08.25. 13:40:02

Socar to Add 800 More Teslas, Lifting EV Share to 14%

Socar will add about 800 Tesla Model Y units by end-September, raising its EV fleet share to 14% amid higher per-vehicle profitability.

Published 2026.08.14. 06:40:05

Kia PV5 on Display at EV Trend Korea 2026

Visitors examine Kia's PV5 electric vehicle at EV Trend Korea 2026, held at COEX in Seoul's Gangnam district.

Published 2026.08.25. 13:38:28

Visitors Explore Kia PV5 at EV Trend Korea 2026

Visitors examined Kia's PV5 at EV Trend Korea 2026, held at COEX in Seoul's Gangnam District on the 25th.

Published 2026.08.25. 13:39:20

Tesla to Recall 3 Million EVs in China Over Flush Door Handles

Tesla will recall about 3 million EVs in China over flush door handles that can trap occupants, part of a 4.27 million-vehicle recall.

Published 2026.08.23. 17:46:56

EV Trend Korea 2026 Opens at COEX in Seoul

Visitors explore the Kia booth at EV Trend Korea 2026, held at COEX in Seoul's Gangnam district.

Published 2026.08.25. 13:37:45

As U.S. and EU Bar Chinese EVs, Korea Must Include EVs in Its IRA

As the U.S. and EU raise barriers against Chinese EVs, a Seoul Economic Daily editorial urges Korea to add EVs to its version of the Inflation Reduction…

Published 2026.08.15. 24:01:05

Korea EV Subsidies Sell Out Within an Hour as Demand Surges

Jeju's second-half EV subsidies sold out within an hour as demand surged, with new EV registrations in Korea up 113.6% in the first half of 2026.

Published 2026.08.13. 10:11:59

POSCO Taps 15 Million Tons of Lithium in Argentine Salt Flat

POSCO Holdings' Argentine salt flat holds 15 million tons of lithium, enough for 70 million EV batteries and worth about $60 billion at current prices.

Published 2026.08.25. 15:00:39

Korea to Waive Tuition at Regional National Universities in 2027 Budget

Korea's ruling party and government drafted a 2027 budget waiving tuition at regional national universities and boosting AI, semiconductor and EV support.

Published 2026.08.25. 11:08:15

Korea to Overhaul EV Subsidy System as Demand Surges

Korea plans to overhaul its EV subsidy system as surging demand depletes local government funds. New EV registrations rose 113.6% in the first half of 2025.

Published 2026.08.07. 13:33:37

Socar Q2 Operating Profit Jumps 271% as EV Shift Cushions Fuel Costs

Socar posted Q2 operating profit of 6.8 billion won, up 271% on year, as its EV shift and frozen fees offset oil price swings and lifted car-sharing use.

Published 2026.08.11. 17:17:11

EcoPro BM Retools Hungary Plant to Supply European Automakers

EcoPro BM is retooling its Hungary plant to supply high-nickel cathode material to European automakers, with premium EV deliveries starting in Q4 next…

Published 2026.08.25. 07:25:05

Hyundai Launches Ioniq V in China at Bargain $17,700

Hyundai priced its China-only Ioniq V electric sedan at 119,900 yuan, more than 10 million won below rivals like BYD and Zeekr, as it pushes to revive…

Published 2026.08.26. 06:30:05

Baidu, Xiaomi Post Weak Q2 Earnings on AI Costs, Memory Shortage

Baidu and Xiaomi both posted weak second-quarter earnings, with Baidu revenue falling for a fifth straight quarter and Xiaomi net profit down 43%.

Published 2026.08.18. 23:21:51

Would You Trust It? China's Rush to Launch EVs Sparks Safety Fears

Chinese automakers are compressing EV development to as little as two years, and critics warn skipped testing could turn consumers into "test personnel."

Published 2026.08.21. 12:11:31

Chungnam Lands $13.5 Million From Germany's Webasto for Mobility Hub Push

South Chungcheong Governor Park Soo-hyun secured a $13.5 million investment from Germany's Webasto to expand its Dangjin plant and add an EV battery pack…

Published 2026.08.25. 17:30:05

Dongjak District Offers Free Car Checkups Before Chuseok Travel

Seoul's Dongjak District is offering free car checkups for 200 residents' vehicles on September 10 ahead of Chuseok travel.

Published 2026.08.23. 23:06:42

China's Driving Schools Face Shakeout as New Licenses Hit 10-Year Low

China issued 20.51 million new driver's licenses last year, a 10-year low, pushing its driving schools into a restructuring driven by a shrinking young…

Published 2026.08.19. 14:59:03

Ferrari's First EV Fetches Record $40 Million at Auction

Ferrari's first all-electric car, the Luce, saw a one-of-a-kind custom model sell for $40 million, a record for a new car at auction.

Published 2026.08.19. 21:50:37

Ferrari's Mocked 'Elettrica' Lands in Korea at Nearly $600,000

Ferrari unveiled its Elettrica electric sports car in Seoul, priced near $600,000, with 1,036 horsepower and deliveries expected next year.

Published 2026.08.24. 17:25:12

Genesis Calls GV90 Its Hardest Car Yet, Redesigned From Scratch

Genesis detailed the technology behind its flagship GV90 electric SUV at a Tech Brief in San Francisco, calling it the hardest car it has ever built.

Published 2026.08.23. 09:41:53

Incheon Opens Final Subsidy Round to Scrap Old Diesel Vehicles

Incheon opens its final subsidy round to scrap Grade-5 older diesel vehicles early, spending about 1.2 billion won on a first-come basis.

Published 2026.08.24. 09:13:23

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