clean car tax credit
Scope
Date
~
-
Banking & Finance
South Korea’s Shinhan launches credit card in Vietnam
South Korea’s Shinhan Card Co. launched its first credit card in Vietnam to expand its business portfolios into overseas markets as the sector...
Aug 31, 2022 (Gmt+09:00)
-
Business & Politics
Washington, Seoul to hold formal talks on US EV tax credit act
WASHINGTON D.C. – South Korea and the United States have agreed to launch formal negotiations over ways to address the negative impacts of the...
Aug 31, 2022 (Gmt+09:00)
-
Future mobility
Only 1% of car parts makers in S.Korea feel ready for transition to EVs
The automotive industry around the globe is rapidly transitioning from the manufacturing sector to the digital arena. That is, from an internal...
Aug 28, 2022 (Gmt+09:00)
-
Banking & Finance
Shinhan Card ties up with FiscalNote for global data biz
Shinhan Card Co. has joined forces with US legal data and analytics company FiscalNote Holdings Inc. to expand its data business into the global mar...
Aug 25, 2022 (Gmt+09:00)
-
Pension funds
Korea's NPS commits to Blackstone's ESG credit platform
The National Pension Service (NPS) of South Korea, has committed capital to Blackstone Credit’s Sustainable Resources Platform to enhance the ...
Aug 25, 2022 (Gmt+09:00)
-
Automobiles
Hyundai’s Chung rolls up sleeves to counter US EV tax credit act
Hyundai Motor Group Chairman Chung Euisun is off to the US to meet government officials and business leaders as the recently passed Inflation Reduct...
Aug 25, 2022 (Gmt+09:00)
-
Electric vehicles
Tesla sweeps local EV subsidies as Korean firms at disadvantage in US
Tesla Inc. and other US electric vehicle makers are enjoying strong sales in South Korea thanks to government subsidies while the revised US EV tax ...
Aug 22, 2022 (Gmt+09:00)
-
Electric vehicles
GM Korea’s outlook gloomy without EV production
General Motors Co. is unlikely to produce electric vehicles in South Korea as it aims to maximize the benefit of the US government’s tax credi...
Aug 22, 2022 (Gmt+09:00)
-
Electric vehicles
Hyundai IONIQ 5: Car and Driver’s EV of the Year
Hyundai Motor Co.'s all-electric IONIQ 5 crossover has won another industry accolade in the US, gathering momentum to expand its market share in the...
Aug 19, 2022 (Gmt+09:00)
-
Automobiles
Hyundai Motor Group rises to world’s third-largest automaker
South Korea’s largest automaker Hyundai Motor Group ranked third in global car sales in the first half, its highest-ever ranking in terms of v...
Aug 16, 2022 (Gmt+09:00)
-
Private debt
European direct lending offers investment edge: Permira
The direct lending market is garnering investor attention as it has performed well during periods of market volatility. As banks are cautious to t...
Aug 15, 2022 (Gmt+09:00)
-
Electric vehicles
Seoul says US tax credit bill risks violation of FTA, WTO
South Korea has conveyed concerns to the US about its legislative move to remove tax credits from electric vehicles produced outside of North Americ...
Aug 12, 2022 (Gmt+09:00)
-
Debt financing
Conglomerates lead loan growth to record high in July
South Korea's large business groups led a sharp increase in bank lending in July, driving the corporate bank loan growth to a record high, central b...
Aug 11, 2022 (Gmt+09:00)
-
IPOs
Mobility platform Socar slashes price to push ahead with IPO
South Korea’s first mobility unicorn Socar Inc. has cut its IPO price by 18% to push ahead with its stock market debut, according to industry ...
Aug 09, 2022 (Gmt+09:00)
-
Private equity
US private equity giant Apollo making inroads into Korea
Apollo Global Management Inc., a US private equity powerhouse, is set to launch a credit business in South Korea, aiming for the local private lendi...
Aug 05, 2022 (Gmt+09:00)
-
Private equity
US private equity giant Apollo to make inroads into Korea
Apollo Global Management Inc., a US private equity powerhouse, is set to start the credit business in South Korea, aiming for the local private lend...
Aug 04, 2022 (Gmt+09:00)
-
Future mobility
Korea to further lag China on self-driving cars
South Korea is expected to lag behind China further on autonomous vehicle technology as Shenzhen, the technology hub in Guangdong province, allowed ...
Aug 03, 2022 (Gmt+09:00)
-
Earnings
S-Oil sees softer Q3 refining margin after record Q2 profit
S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., on Thursday posted record sales and operating profit for a second consecutive quarter o...
Jul 28, 2022 (Gmt+09:00)
-
Korean chipmakers
Samsung presents Texas with $200 bn chip investment plan proposition
Samsung Electronics Co., the world’s top memory chipmaker, has presented a tax break proposal to the State of Texas as part of its plan to inv...
Jul 22, 2022 (Gmt+09:00)
-
Corporate restructuring
Kolon Global to spin off auto unit, eyes Kolon Mobility IPO in 2023
Kolon Global Corp., an affiliate of South Korean conglomerate Kolon, will spin off its car import business unit to improve management efficiency and...
Jul 21, 2022 (Gmt+09:00)
-
Future mobility
Hyundai’s Supernal showcases flying electric car at UK air show
Supernal LLC, the urban air mobility affiliate of South Korea’s top automaker Hyundai Motor Co., has unveiled the cabin concept of its flying ...
Jul 19, 2022 (Gmt+09:00)
-
Future mobility
Hyundai, Kia to launch Level 3 self-driving Genesis G90, EV9 in 2023
South Korea’s Hyundai Motor Group will launch its most-advanced Level 3 autonomous cars next year, starting with Hyundai Motor Co.'s flagship ...
Jul 15, 2022 (Gmt+09:00)
-
Energy
Korea's top refiners likely to see strong 2022 despite tax concerns
South Korea's oil refining margin, a key indicator of refiners' profitability, dropped below $20 over the past month amid global recession fears. Ho...
Jul 13, 2022 (Gmt+09:00)
-
Automobiles
Easing car delivery crunch: Boon or bane for Hyundai, Kia?
Just like its global peers, Hyundai Motor Co. and Kia Corp. have suffered from the chip shortage that bogged down the entire auto industry for nearl...
Jul 06, 2022 (Gmt+09:00)
language -
Private debt
Investors may see tough credit cycle in direct lending: TCW Private Credit
As economic uncertainties grow amid rate hikes and inflation, South Korean institutional investors are eyeing direct lending for safer investment an...
Jul 06, 2022 (Gmt+09:00)
-
IPOs
Korea’s Socar gets pushback for high valuation ahead of IPO
South Korea’s mobility unicorn Socar Inc. faces controversy over its valuation after the car-sharing startup set the price guidance for its in...
Jun 30, 2022 (Gmt+09:00)
-
Corporate investment
LG eyes clean tech supremacy with $1.5 bn spending on green projects
South Korea’s fourth-largest conglomerate LG is setting its sights on clean energy technology as it steps up efforts to transform into an eco-...
Jun 30, 2022 (Gmt+09:00)
language -
Automobiles
Top Korean companies’ new battlefield: Used car market
Hyundai Motor Co., Lotte Rental Co., and KB Financial Group, the No. 1 players in each of their sectors, are gearing up to fight in a new arena &nda...
Jun 24, 2022 (Gmt+09:00)
language -
Energy
Shares in oil refiners hit by windfall tax concerns
Two listed oil refining companies in South Korea saw a combined 1.6 trillion won ($1.2 billion) wiped off their market cap on Wednesday, after the m...
Jun 22, 2022 (Gmt+09:00)
-
Energy
POSCO, Hancock to expand partnership beyond iron ore
South Korea’s steel giant POSCO Group plans to expand its partnership with Australian mining group Hancock Prospecting Pty Ltd. into other typ...
Jun 22, 2022 (Gmt+09:00)
language