Hyundai Boosts US Investment to $26 Billion After Lee Visit
Hyundai Motor Group announced on August 26, 2025, an increase in its US investment to $26 billion through 2028, up $5 billion from the $21 billion pledged in March. The investment, aimed at expanding auto, steel, and robotics production, underscores deepening economic ties between South Korea and the US. It
BYD Gears Up for Korean Market with 30 Sales Outlets
BYD Co. is planning to expand its sales network in South Korea, a market currently dominated by local automotive giants Hyundai Motor Co. and Kia Corp., as part of its strategy to boost deliveries beyond its home base in China. “We aim to increase our sales network to 30 outlets
Hyundai to Launch the lowest-cost Electric Car in Japan
The world’s third-largest motor group, Hyundai, is ready to penetrate the Chinese EV market, which is currently dominated by local brands, and will soon launch the most affordable electric car, Inster. This EV debuted in Europe in June 2024 and will be available for Japanese residents in May this year.
