https://www.scmp.com/rss/53895/feed Founded in 1947, Hyundai was a South Korean conglomerate with activities spanning retailing, shipbuilding, car and truck making and property. It was broken up after the 1997 Asian financial crisis, and effectively reduced to container shipping services, elevator manufacture and tourism. And Hyundai Motor Group, Hyundai Department Store Group, Hyundai Heavy Industries Group and Hyundai Development are no longer connected to Hyundai Group. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Daniel Ren Daniel Ren Hyundai Motor has spearheaded a comeback among foreign marques vying for a slice of the Chinese electric vehicle (EV) market, launching a new brand built around local technologies and partnerships. The South Korean carmaker, which reversed a six-year sales decline in 2025, said it would soon introduce production models under the Ioniq brand tailored for Chinese consumers, as it steps up its push into the world’s largest automotive market. “The newly launched Ioniq brand in China evolves beyond a... https://www.scmp.com/business/china-business/article/3349776/hyundai-spearheads-foreign-ev-comeback-push-china-ioniq-brand?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3349776/hyundai-spearheads-foreign-ev-comeback-push-china-ioniq-brand?utm_source=rss_feed Sun, 12 Apr 2026 05:20:54 +0000 Associated Press Associated Press Fourteen people died and 25 were seriously injured in a fire at a car parts factory in the South Korean city of Daejeon, fire authorities said ⁠on Saturday. The fire broke out around lunchtime on Friday and was contained ‌by 11.48pm, the safety ministry said. Another 35 people suffered minor injuries, the fire authorities added. As of Saturday morning, 28 people were sent to hospital, and four of them had surgery for broken bones and other injuries. Fire officials said the factory was owned by... https://www.scmp.com/news/asia/east-asia/article/3347432/least-14-die-south-korea-fire-car-parts-factory?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3347432/least-14-die-south-korea-fire-car-parts-factory?utm_source=rss_feed Sat, 21 Mar 2026 10:44:16 +0000 He Huifeng He Huifeng Shanghai certified 30 new regional headquarters of multinational corporations and 15 research and development centres funded by overseas entities on Wednesday – a sign of continued interest in the Chinese financial hub despite an overall decline in the country’s foreign direct investment (FDI). Of the companies whose headquarters and R&D centres were certified this week in a ceremony hosted by the city’s mayor, Gong Zheng, eight are on the Fortune 500 list, according to a statement from the... https://www.scmp.com/economy/china-economy/article/3347178/shanghai-certifies-30-overseas-offices-amid-chinas-investment-sales-pitch?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3347178/shanghai-certifies-30-overseas-offices-amid-chinas-investment-sales-pitch?utm_source=rss_feed Thu, 19 Mar 2026 10:30:09 +0000 Lucy Quaggin Lucy Quaggin US President Donald Trump’s administration announced on Wednesday that it would rescind a rule rewarding electric vehicle production – eliminating the so-called “fuel content factor” – the latest in a series of actions rolling back federal support for EVs that analysts say could leave the US further behind in a global race increasingly shifting in China’s favour. The move comes as the US struggles to compete with China’s rapid growth in the EV sector, marking another setback for America’s... https://www.scmp.com/news/china/diplomacy/article/3343942/does-trumps-retreat-electric-vehicle-policy-risk-ceding-ground-china?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3343942/does-trumps-retreat-electric-vehicle-policy-risk-ceding-ground-china?utm_source=rss_feed Wed, 18 Feb 2026 19:12:50 +0000 Associated Press Associated Press As the new robot called Sprout walks around a Manhattan office, nodding its rectangular head, lifting its windscreen-wiper-like “eyebrows” and offering to shake your hand with its grippers, it looks nothing like the sleek and intimidating humanoids built by companies like Tesla. Sprout’s charm is the point. A five-year-old child could comfortably talk at eye level with this humanoid, which stands one metre (three feet) tall and wears a soft, padded exterior of sage-green foam. Forged by stealth... https://www.scmp.com/lifestyle/gadgets/article/3341774/forget-soulless-humanoid-robots-teslas-optimus-ones-more-wall-e?utm_source=rss_feed https://www.scmp.com/lifestyle/gadgets/article/3341774/forget-soulless-humanoid-robots-teslas-optimus-ones-more-wall-e?utm_source=rss_feed Sat, 31 Jan 2026 11:15:08 +0000 Maria Siow Maria Siow Washington’s latest defence strategy of providing “more limited US support” to its allies is expected to damage domestic backing for leaders in Japan and South Korea and spur greater momentum among regional countries towards military self-reliance. Analysts also warn that such a realignment could lead to a “radical swing” in regional security calculations, and in the case of South Korea, weaken its deterrence against the North. In the National Defence Strategy (NDS) released by the US Defence... https://www.scmp.com/week-asia/politics/article/3341560/why-us-defence-strategy-may-push-south-korea-japan-towards-radical-security-realignment?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/3341560/why-us-defence-strategy-may-push-south-korea-japan-towards-radical-security-realignment?utm_source=rss_feed Wed, 28 Jan 2026 10:28:25 +0000 Xinmei Shen Xinmei Shen China’s humanoid robot and artificial intelligence hardware makers are expected to be out in force next week at CES, the annual consumer electronics trade show in Las Vegas, to show their latest innovations to a global audience amid an escalating US-China tech rivalry. Nearly a dozen well-known humanoid robot manufacturers – including Unitree Robotics, AgiBot, Galbot, Engine AI, Noetix Robotics and state-backed X-Humanoid, also known as the Beijing Humanoid Robot Innovation Centre – are expected... https://www.scmp.com/tech/tech-trends/article/3338600/chinas-humanoid-robot-makers-hong-kong-start-ups-set-dazzle-ces-2026?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3338600/chinas-humanoid-robot-makers-hong-kong-start-ups-set-dazzle-ces-2026?utm_source=rss_feed Mon, 05 Jan 2026 03:00:10 +0000 Reuters Reuters Samsung Electronics, Hyundai Motor and other major South Korean manufacturers on Sunday unveiled domestic investment plans, as a US trade deal raised concerns that investment in the US could weaken manufacturing at home. Samsung Electronics will add a chip production line at its plant in the South Korean city of Pyeongtaek to meet rising demand amid the global boom in artificial intelligence, as part of the parent group’s 450 trillion won (US$310.79 billion) investments at home over the next... https://www.scmp.com/news/asia/east-asia/article/3332982/samsung-hyundai-announce-us310-billion-domestic-investment-plans?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3332982/samsung-hyundai-announce-us310-billion-domestic-investment-plans?utm_source=rss_feed Sun, 16 Nov 2025 10:28:10 +0000 The Korea Times The Korea Times Hundreds of South Korean engineers who were arrested and detained during an immigration raid at a Hyundai-LG Energy Solution battery plant in Georgia in September are preparing to sue US Immigration and Customs Enforcement (ICE), alleging unlawful detention and mistreatment. According to industry sources and a report by ABC News earlier this week, roughly 200 of those detained in the weeklong ordeal are preparing to file a lawsuit against ICE, alleging racial discrimination, human rights... https://www.scmp.com/news/asia/east-asia/article/3332508/south-korean-engineers-sue-ice-after-hyundai-lg-plant-raid-georgia?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3332508/south-korean-engineers-sue-ice-after-hyundai-lg-plant-raid-georgia?utm_source=rss_feed Wed, 12 Nov 2025 11:06:04 +0000 DigiTimes DigiTimes When Nvidia’s CEO Jensen Huang arrived in South Korea, global attention turned to a viral “chimaek” (fried chicken and beer) dinner on October 30, featuring Samsung Chairman Lee Jae-yong and Hyundai Group’s Executive Chair Chung Eui-sun. Yet, the spotlight shifted the following day to SK Group, particularly its memory arm, SK Hynix, which co-headlined a landmark artificial intelligence (AI) infrastructure deal that analysts have called a strategic win. The question hanging over the spontaneous... https://www.scmp.com/business/article/3331207/why-did-jensen-huangs-chimaek-summit-omit-chair-nvidias-no-1-korean-supplier?utm_source=rss_feed https://www.scmp.com/business/article/3331207/why-did-jensen-huangs-chimaek-summit-omit-chair-nvidias-no-1-korean-supplier?utm_source=rss_feed Sun, 02 Nov 2025 04:07:50 +0000 Bloomberg Bloomberg Jensen Huang’s viral meal is driving a sharp rally in South Korea’s fried chicken-related stocks. The Nvidia CEO shared beers with Samsung Electronics Chair Jay Y. Lee and Hyundai Motor Executive Chair Chung Eui-sun at a local restaurant, Kkanbu Chicken, on Thursday evening. While Kkanbu is not publicly listed, shares of rival Kyochon F&B surged as much as 20 per cent on Friday after photos and videos of the gathering circulated widely on social media. South Korean poultry processor Cherrybro... https://www.scmp.com/news/asia/east-asia/article/3331003/nvidia-samsung-chiefs-bond-over-fried-chicken-seoul-lifting-snack-stocks?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3331003/nvidia-samsung-chiefs-bond-over-fried-chicken-seoul-lifting-snack-stocks?utm_source=rss_feed Fri, 31 Oct 2025 03:42:22 +0000 Reuters Reuters South Korea’s industry minister said on Monday that the government had expressed concerns over Hyundai announcing multibillion-dollar US investment plans at the same time as Seoul was involved in delicate trade negotiations with Washington. “We told Hyundai that [its] conduct was deeply regrettable, especially considering that our efforts have been made for the sake of Hyundai and Kia’s industry,” South Korea’s Industry Minister Kim Jung-kwan told parliament in response to questions. “I believe... https://www.scmp.com/news/asia/east-asia/article/3328870/south-korea-says-it-flagged-concerns-over-hyundais-us-investment-plan?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3328870/south-korea-says-it-flagged-concerns-over-hyundais-us-investment-plan?utm_source=rss_feed Mon, 13 Oct 2025 17:02:41 +0000 Reuters Reuters Three workers have died since Hyundai Motor started construction of its US$7.6 billion car factory in Georgia in 2022, the Wall Street Journal reported on Sunday, citing a review of federal records. Apart from the deaths, more than a dozen workers have suffered serious injuries, including from falling without wearing harnesses and getting crushed by forklifts, according to The Wall Street Journal. “We conducted a comprehensive audit and strengthened safety oversight across the site. We have... https://www.scmp.com/news/world/united-states-canada/article/3328730/3-workers-died-hyundais-georgia-plant-2022-us-immigration-raid-reports?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3328730/3-workers-died-hyundais-georgia-plant-2022-us-immigration-raid-reports?utm_source=rss_feed Sun, 12 Oct 2025 19:37:46 +0000 Reuters Reuters The US has agreed to allow South Koreans to work to set up facilities at US investment sites under existing temporary visas and open new channels to help its ally send workers to do business there, according to Seoul’s foreign ministry. But US officials at a working group meeting offered no new answers to South Korea’s argument for wider access to US visas for specialty workers despite reaffirming a commitment to advance trade and investment partnership, the ministry said on Wednesday. The... https://www.scmp.com/news/asia/east-asia/article/3327459/south-korea-gets-us-visa-relief-after-hyundai-raid-no-clear-solution-sight?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3327459/south-korea-gets-us-visa-relief-after-hyundai-raid-no-clear-solution-sight?utm_source=rss_feed Wed, 01 Oct 2025 01:50:40 +0000 Park Chan-kyong Park Chan-kyong The prospect of a fourth summit between US President Donald Trump and North Korean leader Kim Jong-un is gaining traction ahead of the Apec summit in late October, observers say, amid signs that both sides may be testing the waters for a return to high-level nuclear diplomacy. Speculation intensified after North Korea’s vice-foreign minister, Kim Son‑gyong, travelled to New York last week – the first visit by a senior North Korean diplomat since 2019 – to lead Pyongyang’s delegation at the UN... https://www.scmp.com/week-asia/politics/article/3327243/north-korea-signals-diplomatic-return-will-trump-kim-revive-bromance?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/3327243/north-korea-signals-diplomatic-return-will-trump-kim-revive-bromance?utm_source=rss_feed Tue, 30 Sep 2025 00:00:09 +0000 The Korea Times The Korea Times A Choco Pie is at the centre of a workplace theft dispute. The so-called “Choco Pie theft case” has turned into a heated legal and public debate, with a logistics company manager and a security guard clashing over whether a snack taken from an office refrigerator was theft or a long-standing workplace practice. The incident occurred just after 4.00am on January 18 last year in the office of a logistics company in Wanju, North Jeolla Province. A security guard took a Choco Pie priced at 450 won... https://www.scmp.com/news/asia/east-asia/article/3327033/choco-pie-theft-divides-south-korea-sparks-heated-debate-over-workplace-trust-and-security?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3327033/choco-pie-theft-divides-south-korea-sparks-heated-debate-over-workplace-trust-and-security?utm_source=rss_feed Fri, 26 Sep 2025 11:19:07 +0000 SCMP’s Asia desk SCMP’s Asia desk The eldest son of Samsung Group chairman Lee Jae-yong, heir to one of South Korea’s richest families, has enlisted to become a naval officer, one of the most demanding military roles in the country. In doing so, Lee Jee-ho joins a growing cohort of scions of family-run conglomerates who are opting for longer, more demanding military service than the average conscripts in South Korea. Some observers see the trend as a calculated effort by the chaebol heirs to counter opinions of their privilege... https://www.scmp.com/week-asia/people/article/3326024/samsung-heir-enrols-be-south-korean-naval-officer-sparking-national-service-debate?utm_source=rss_feed https://www.scmp.com/week-asia/people/article/3326024/samsung-heir-enrols-be-south-korean-naval-officer-sparking-national-service-debate?utm_source=rss_feed Thu, 18 Sep 2025 11:58:18 +0000 Bloomberg Bloomberg A massive immigration raid on a battery plant in the US state of Georgia earlier this month continues to reverberate across the region with workers staying home and delays mounting. Ken Shim, president of Woowon Technology, said he had to provide paid time off to ease the stress of South Korean engineers installing equipment at a cell plant being built by Hyundai Motor and South Korea’s SK On near Cartersville, Georgia. Shim, an American citizen who has lived in the United States for more than a... https://www.scmp.com/news/asia/east-asia/article/3325948/south-korean-workers-hunker-down-georgia-us-raid-hyundai-deepens-anxiety?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3325948/south-korean-workers-hunker-down-georgia-us-raid-hyundai-deepens-anxiety?utm_source=rss_feed Thu, 18 Sep 2025 03:47:41 +0000 SCMP’s Asia desk SCMP’s Asia desk A South Korean worker detained in a large-scale US immigration raid earlier this month has alleged mistreatment by American authorities, describing several days spent in degrading conditions under psychological duress at a federal detention centre in Georgia. The man, who declined to be identified, was among more than 300 South Korean nationals arrested during a surprise raid on September 4 at HL-GA Battery Company, a joint venture of Hyundai Motor Group and LG Energy Solution, near Savannah,... https://www.scmp.com/week-asia/people/article/3325729/mouldy-beds-foul-water-and-mockery-south-koreans-detail-grim-conditions-ice-detention?utm_source=rss_feed https://www.scmp.com/week-asia/people/article/3325729/mouldy-beds-foul-water-and-mockery-south-koreans-detail-grim-conditions-ice-detention?utm_source=rss_feed Tue, 16 Sep 2025 09:14:36 +0000 Jeoffrey Maitem Jeoffrey Maitem The Philippines has taken delivery of its most modern warship yet, marking a milestone in efforts to strengthen its maritime defences in the South China Sea. The arrival of the BRP Diego Silang, a 3,200-tonne guided-missile frigate built in South Korea, offers the promise of greater surveillance and deterrence – even as analysts say the Philippines continues to lag behind its regional peers. At a ceremony held on Monday in a naval base in Subic Bay, Philippine military chief General Romeo... https://www.scmp.com/week-asia/politics/article/3325689/philippines-new-warship-aims-boost-its-south-china-sea-defences-it-enough?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/3325689/philippines-new-warship-aims-boost-its-south-china-sea-defences-it-enough?utm_source=rss_feed Tue, 16 Sep 2025 08:00:13 +0000 Agence France-Presse Agence France-Presse US President Donald Trump said on Sunday that foreign workers sent to the United States were “welcome” and he did not want to “frighten off” investors, 10 days after hundreds of South Koreans were arrested at a work site in Georgia. In a post on his Truth Social platform, the 79-year-old Republican wrote: “I don’t want to frighten off or disincentivize investment.” Some 475 people, mostly South Korean nationals, were arrested at the construction site of an electric vehicle battery factory,... https://www.scmp.com/news/world/united-states-canada/article/3325520/trump-concerned-south-korean-arrests-could-frighten-investors?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3325520/trump-concerned-south-korean-arrests-could-frighten-investors?utm_source=rss_feed Sun, 14 Sep 2025 22:09:11 +0000 Reuters Reuters A top US diplomat expressed regret on Sunday over an immigration raid in the state of Georgia that detained hundreds of South Korean workers and proposed making the event a turning point to strengthen bilateral relations, South Korea said. In a meeting in Seoul, First Vice Foreign Minister Park Yoon-joo urged Deputy Secretary of State Christopher Landau to push forward bilateral discussions on follow-up measures, including a new visa category, the foreign ministry said in a statement. Some 300... https://www.scmp.com/news/world/united-states-canada/article/3325495/us-diplomat-regrets-raid-detention-korean-workers-hyundai-plant?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3325495/us-diplomat-regrets-raid-detention-korean-workers-hyundai-plant?utm_source=rss_feed Sun, 14 Sep 2025 10:42:26 +0000 Agence France-Presse Agence France-Presse A specially chartered flight carrying hundreds of South Korean workers detained in a US immigration raid last week landed at Incheon International Airport on Friday. South Korean workers accounted for most of the 475 people arrested at a Hyundai-LG battery factory site in the state of Georgia, triggering a delicate effort to resolve the thorny situation between close allies. The Korean Air Boeing 747-8I, with more than 310 South Koreans on board, departed from Atlanta and touched down on the... https://www.scmp.com/news/asia/east-asia/article/3325308/south-korean-workers-return-home-after-hyundai-raid-ordeal-us?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3325308/south-korean-workers-return-home-after-hyundai-raid-ordeal-us?utm_source=rss_feed Fri, 12 Sep 2025 06:45:55 +0000 Park Chan-kyong Park Chan-kyong President Lee Jae-myung warned on Thursday that the arrest of hundreds of South Korean workers by US immigration authorities could have a “considerable impact on future direct investment” in America. Lee said last week’s raid on a Hyundai-LG battery factory site in the US state of Georgia raised serious doubts about the business climate for South Korean companies at a time when Seoul is seeking stability following the failed December 3 martial law decree by impeached former president Yoon... https://www.scmp.com/week-asia/politics/article/3325113/south-koreas-lee-calls-us-raid-bewildering-says-saga-could-hit-investment?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/3325113/south-koreas-lee-calls-us-raid-bewildering-says-saga-could-hit-investment?utm_source=rss_feed Thu, 11 Sep 2025 02:26:08 +0000 Bloomberg Bloomberg Hundreds of South Korean workers detained in a surprise raid in Georgia last week were allowed to fly home on Thursday after the two countries’ top diplomats met in Washington and agreed to resolve a dispute that has roiled bilateral ties. President Donald Trump agreed to South Korean demands that the workers not be handcuffed, and the US will consider creating a new visa category to prevent future problems, according to Yonhap News. It said 330 people, almost all of them South Korean, will be... https://www.scmp.com/news/asia/east-asia/article/3325110/south-korean-workers-leave-us-without-handcuffs-after-arrest-causes-great-pain?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3325110/south-korean-workers-leave-us-without-handcuffs-after-arrest-causes-great-pain?utm_source=rss_feed Thu, 11 Sep 2025 02:02:57 +0000 Reuters Reuters A US immigration lawyer representing more than a dozen workers arrested at a Hyundai facility in Georgia last week said on Wednesday that many of the nearly 500 picked up appeared to be working legally, contradicting allegations by authorities. The lawyer, Atlanta-based Charles Kuck, said his clients included seven South Koreans who entered via the ESTA programme, for countries with visa-free travel to the US, or with B-1 visas for temporary business travel. He said they were legally allowed to... https://www.scmp.com/news/world/united-states-canada/article/3325107/many-immigrants-detained-hyundai-raid-appeared-be-working-legally-us-lawyer-says?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3325107/many-immigrants-detained-hyundai-raid-appeared-be-working-legally-us-lawyer-says?utm_source=rss_feed Wed, 10 Sep 2025 23:23:34 +0000 Maria Siow Maria Siow An immigration raid on a Hyundai electric vehicle plant in the US that saw hundreds of South Korean engineers detained in shackles has triggered “a major diplomatic incident” and shaken Seoul’s confidence in Washington’s commitment to their alliance, analysts say. US officials said 475 people – most of them South Korean nationals – were detained when federal agents raided Hyundai’s manufacturing site in the state of Georgia last Thursday. It is the latest in a long line of workplace raids... https://www.scmp.com/week-asia/politics/article/3324937/hyundai-raid-hurts-us-south-korea-ties-trade-immigration-agendas-clash?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/3324937/hyundai-raid-hurts-us-south-korea-ties-trade-immigration-agendas-clash?utm_source=rss_feed Wed, 10 Sep 2025 02:00:12 +0000 Agence France-Presse Agence France-Presse US President Donald Trump on Sunday warned foreign companies to obey US law after immigration officials arrested some 475 individuals including South Korean workers at a Hyundai-LG battery plant being built in the southern state of Georgia. The arrests were made in a raid by US authorities on Thursday during the largest single-site operation implemented so far under Trump’s nationwide anti-migrant drive. “Please respect our Nation’s Immigration Laws,” the president posted on social media... https://www.scmp.com/news/world/united-states-canada/article/3324691/trump-warns-foreign-companies-after-south-koreans-detained-huge-us-raid?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3324691/trump-warns-foreign-companies-after-south-koreans-detained-huge-us-raid?utm_source=rss_feed Mon, 08 Sep 2025 03:55:41 +0000 Agence France-Presse Agence France-Presse Seoul said on Sunday that negotiations with the United States to secure the release of South Korean workers detained in an immigration raid have been “concluded” and they would soon be freed and flown home. It follows the arrest of more than 300 South Korean workers at a Hyundai-LG battery plant being built in the southern state of Georgia on Thursday. The operation, carried out in the town of Ellabell, was the largest single-site raid implemented so far under US President Donald Trump’s... https://www.scmp.com/news/asia/east-asia/article/3324632/south-korea-irked-over-us-photos-citizens-detained-hyundai-site-raid?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3324632/south-korea-irked-over-us-photos-citizens-detained-hyundai-site-raid?utm_source=rss_feed Sun, 07 Sep 2025 03:08:32 +0000 Reuters Reuters South Korean President Lee Jae-myung on Saturday ordered all-out efforts to swiftly respond to the arrests of hundreds of the nation’s citizens in a US immigration raid on a Hyundai Motor car battery factory. Foreign Minister Cho Hyun said the government had set up a team to respond to Thursday’s arrest of more than 300 Koreans at the facility in the southern state of Georgia, and that he could go to Washington to meet officials if needed. “I am deeply concerned. I feel heavy responsibility for... https://www.scmp.com/news/asia/east-asia/article/3324612/south-korea-pledges-support-citizens-arrested-us-immigration-raid-hyundai-plant?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3324612/south-korea-pledges-support-citizens-arrested-us-immigration-raid-hyundai-plant?utm_source=rss_feed Sat, 06 Sep 2025 12:00:44 +0000 Associated Press Associated Press South Korea on Friday expressed “concern and regret” over a major US immigration raid at a sprawling Georgia site where South Korean auto company Hyundai manufactures electric vehicles. Some 475 people were detained during the raid, according to a Homeland Security official. Steven Schrank, Special Agent in Charge, Homeland Security Investigations, said at a news briefing on Friday that the majority of the people detained were from South Korea. “This operation underscores our commitment to jobs... https://www.scmp.com/news/world/united-states-canada/article/3324560/seoul-expresses-concern-over-us-immigration-raid-hyundais-georgia-plant?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3324560/seoul-expresses-concern-over-us-immigration-raid-hyundais-georgia-plant?utm_source=rss_feed Fri, 05 Sep 2025 13:25:00 +0000 Ralph Jennings Ralph Jennings South Korea’s investments announced this week for the US shipbuilding sector will mildly rock China’s busy shipyards but – at least in the short term – are unlikely to put a dent in the Chinese industry, which enjoys scale and cost advantages over other countries, according to analysts. The rack of intended investments from major companies in South Korea, the world’s second-largest shipbuilding nation after China, could test the Chinese sector after the US projects get moving several years down... https://www.scmp.com/economy/global-economy/article/3323226/korean-deals-us-will-rock-not-sink-chinas-giant-shipbuilding-sector-analysts?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3323226/korean-deals-us-will-rock-not-sink-chinas-giant-shipbuilding-sector-analysts?utm_source=rss_feed Wed, 27 Aug 2025 02:00:17 +0000 Carol Yang Carol Yang As the US seeks to curb China’s shipbuilding dominance, South Korea is looking to capitalise by expanding its overseas footprint through shipyard investments in the Philippines and Vietnam. Analysts said South Korean shipbuilders may view the move as a way to tackle constraints that have diminished their competitiveness against China, such as limited capacity, labour shortages and tensions with domestic trade unions. Shifting operations to Southeast Asia, where labour costs are lower, could... https://www.scmp.com/economy/china-economy/article/3321734/trumps-curbs-chinas-shipbuilding-edge-spur-south-korean-investments-asean?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3321734/trumps-curbs-chinas-shipbuilding-edge-spur-south-korean-investments-asean?utm_source=rss_feed Wed, 13 Aug 2025 23:00:08 +0000 Andrew Frank,Jacob J. Puthenparambil Andrew Frank,Jacob J. Puthenparambil For all the continued dizzying headlines about global tariffs and strategic pauses, one thing remains true: the United States is deploying trade policy not just as economic leverage but as a tool of diplomacy and power. The August 1 deadline for countries, including several in Asia, to negotiate a trade deal or face steep tariffs is no exception. Markets throughout Asia – a region home to some of the most export-reliant economies in the world – are in the crosshairs of US President Donald... https://www.scmp.com/opinion/asia-opinion/article/3319227/why-asian-exporters-cant-afford-passive-approach-us-politics?utm_source=rss_feed https://www.scmp.com/opinion/asia-opinion/article/3319227/why-asian-exporters-cant-afford-passive-approach-us-politics?utm_source=rss_feed Tue, 29 Jul 2025 12:30:07 +0000 Yujie Xue Yujie Xue Hong Kong’s major natural gas company is looking to produce hydrogen for application in other industries, showing commitment to the market at a time when companies and governments are cancelling or scaling back plans amid cost challenges. Hong Kong and China Gas, or Towngas as the sole natural gas producer is known, will start work on building the city’s first public electric vehicle (EV) charging station powered by hydrogen, it said on Friday. The venture was expected to commence operations... https://www.scmp.com/business/china-evs/article/3319649/towngas-build-hydrogen-powered-ev-charging-stations-amid-mixed-industry-signals?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3319649/towngas-build-hydrogen-powered-ev-charging-stations-amid-mixed-industry-signals?utm_source=rss_feed Sun, 27 Jul 2025 06:00:13 +0000 Alex Lo Alex Lo Genocides committed or sponsored by the West have often been a highly profitable business. Whether it was against the native American population in the United States throughout much of the 19th century, the colonisation of the Congo by King Leopold II of Belgium, or the Nazi Holocaust, many individuals and companies have profited greatly from humanity’s worst crimes – through direct participation or by providing services and support. A new report by Francesca Albanese, the courageous UN special... https://www.scmp.com/opinion/world-opinion/article/3317502/its-time-business-stop-profiting-israels-economy-genocide?utm_source=rss_feed https://www.scmp.com/opinion/world-opinion/article/3317502/its-time-business-stop-profiting-israels-economy-genocide?utm_source=rss_feed Thu, 10 Jul 2025 01:00:11 +0000 Alice Li,Carol Yang Alice Li,Carol Yang China’s dominance of global shipbuilding appears to have been eroded over the past six months, according to the latest industry data, suggesting that US efforts to rein in the country’s shipyards may be starting to bite. China has been by far the world’s largest shipbuilder for years, but its shipyards saw new orders plunge 68 per cent year on year to 26.3 million deadweight tonnes in the first half of 2025, according to a Monday report from maritime consultancy Clarksons Research. South Korea,... https://www.scmp.com/economy/china-economy/article/3317497/chinas-lead-global-shipbuilding-may-already-be-fading-new-data-suggests?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3317497/chinas-lead-global-shipbuilding-may-already-be-fading-new-data-suggests?utm_source=rss_feed Wed, 09 Jul 2025 05:00:57 +0000 Carol Yang Carol Yang As the United States vows to curb China’s dominance in shipbuilding – despite its domestic capacity being nearly nonexistent – South Korea and Japan are looking to benefit from the rivalry and reclaim their competitive edge. South Korea’s president, Lee Jae-myung, who took office a month ago, campaigned on supporting the industry – which he described as being “in major crisis”. “Shipbuilding has been a core industry driving Korea’s exports and creating jobs,” he said in a social media post on... https://www.scmp.com/economy/global-economy/article/3316971/south-korea-japan-step-us-targets-chinas-shipbuilding-industry-can-they-succeed?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3316971/south-korea-japan-step-us-targets-chinas-shipbuilding-industry-can-they-succeed?utm_source=rss_feed Sat, 05 Jul 2025 02:00:17 +0000 Biman Mukherji Biman Mukherji Tesla’s long-anticipated push to manufacture cars in India appears to be stalling, after a senior minister cast doubt on the company’s intent – raising fresh questions about whether the electric vehicle giant is ready to commit to one of the world’s fastest-growing car markets. The remarks have highlighted a mismatch between India’s policy efforts to attract global carmakers and Tesla’s hesitant approach to committing new manufacturing investment – even as analysts believe the firm is still... https://www.scmp.com/week-asia/economics/article/3313433/tesla-stalling-india-market-entry-appears-doubt-after-minister-questions-intent?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3313433/tesla-stalling-india-market-entry-appears-doubt-after-minister-questions-intent?utm_source=rss_feed Fri, 06 Jun 2025 13:00:36 +0000 Bloomberg Bloomberg In the rural suburbs of Hiroshima, a Japanese start-up is trying to kick start the nation’s electric vehicle (EV) market with the smallest, cheapest car it can possibly make. KG Motors has developed a battery-powered one-seater that more resembles a futuristic golf cart than it does a modern EV, much less a traditional car. And yet well over half of the 3,300 units it plans to deliver by March 2027 have already been pre-sold to customers. Incidentally, that puts it on track to sell more EVs in... https://www.scmp.com/business/companies/article/3312269/can-us7000-single-seat-ev-spark-revolution-japan?utm_source=rss_feed https://www.scmp.com/business/companies/article/3312269/can-us7000-single-seat-ev-spark-revolution-japan?utm_source=rss_feed Thu, 29 May 2025 06:58:25 +0000 SCMP SCMP We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. BMW, Toyota, Mercedes-Benz recall nearly 70,000 vehicles in China Carmakers including BMW, Toyota and Mercedes-Benz are recalling a total of 69,793 vehicles in China due to potential safety risks, according to the market regulator, as authorities heighten safety oversight in the... https://www.scmp.com/business/china-evs/article/3310272/bmw-toyota-mercedes-benz-recall-cars-china-geely-offers-buy-zeekr-7-ev-reads?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3310272/bmw-toyota-mercedes-benz-recall-cars-china-geely-offers-buy-zeekr-7-ev-reads?utm_source=rss_feed Wed, 14 May 2025 07:00:09 +0000 Robert Delaney Robert Delaney Many Americans who came of age in the 1980s will remember when Honda Accords and Toyota Camrys became the preferred family vehicles, quietly replacing US models. When quality, reliability and price were factored in, patriotism was the only remaining reason to keep an American-made car on the driveway. Two high-school friends and I each got well-worn hand-me-down cars when we started commuting to college. Dave got a Ford Fairmont estate car, which he called “the hearse”. Gary got a Buick Skylark... https://www.scmp.com/opinion/world-opinion/article/3309961/how-trumps-erratic-tariffs-could-crash-his-us-car-production-goals?utm_source=rss_feed https://www.scmp.com/opinion/world-opinion/article/3309961/how-trumps-erratic-tariffs-could-crash-his-us-car-production-goals?utm_source=rss_feed Mon, 12 May 2025 12:30:08 +0000 Daniel Ren Daniel Ren Chinese electric vehicle (EV) makers led by BYD have set their sights on South Korea to chase fresh growth and enhance profitability amid a cutthroat domestic market, setting up a clash with dominant native brands Hyundai and Kia. A successful foray into the market, where Tesla recorded robust growth last year, could burnish the global image of Chinese-made EVs despite an expected export slowdown this year, analysts said. “South Korea is a developed auto market that abounds with international... https://www.scmp.com/business/china-business/article/3309748/byd-and-chinese-ev-peers-eye-south-korea-export-market?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3309748/byd-and-chinese-ev-peers-eye-south-korea-export-market?utm_source=rss_feed Fri, 09 May 2025 09:30:20 +0000 DigiTimes DigiTimes LG Energy Solution (LGES) of South Korea has exited its US$8.45 billion (HK$65.7 billion) electric vehicle (EV) battery project in Indonesia, prompting the Indonesian government to court China’s Zhejiang Huayou Cobalt as a potential replacement investor. Initially launched as a joint venture between LGES and the Indonesia Battery Corporation (IBC), the project was abandoned after LGES cited shifting market dynamics and a less favourable investment climate. Indonesia’s state-owned Antara news... https://www.scmp.com/business/companies/article/3309683/huayou-may-step-south-koreas-lg-abandons-us845-bn-indonesia-ev-battery-investment?utm_source=rss_feed https://www.scmp.com/business/companies/article/3309683/huayou-may-step-south-koreas-lg-abandons-us845-bn-indonesia-ev-battery-investment?utm_source=rss_feed Fri, 09 May 2025 05:23:56 +0000 Daniel Ren,Yujie Xue Daniel Ren,Yujie Xue At least 15 companies did not show up at this year’s Shanghai Auto Show, adding to evidence that cutthroat competition and rapid consumer movement toward electric vehicles (EVs) are edging more players out of the world’s largest car market. International marques including Hyundai and Lamborghini as well as Chinese EV start-ups Hozon Auto and Jiyue did not participate in the world’s largest auto event, which started on Wednesday. The absences suggest that these companies may be grappling with... https://www.scmp.com/business/china-business/article/3307649/no-shows-shanghai-car-expo-reflect-brutal-competition-mainland-market?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3307649/no-shows-shanghai-car-expo-reflect-brutal-competition-mainland-market?utm_source=rss_feed Wed, 23 Apr 2025 13:45:54 +0000 South Korean car giant Hyundai on Monday announced a multibillion-dollar investment in the United States, including a new US$5.8 billion steel plant. The factory, which will be based in the US state of Louisiana, “will create 1,300 American jobs”, Hyundai executive chairman Euisun Chung told reporters at a White House event alongside US President Donald Trump. The move will also serve “as the foundation for a more self-reliant and secure automotive supply chain in the US”, he added. Hyundai... https://www.scmp.com/news/world/united-states-canada/article/3303701/hyundai-announces-new-us21-billion-investment-us-manufacturing?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3303701/hyundai-announces-new-us21-billion-investment-us-manufacturing?utm_source=rss_feed Mon, 24 Mar 2025 20:16:13 +0000 Malaysia has set its sights on becoming Southeast Asia’s hub for electric vehicle (EV) production, Prime Minister Anwar Ibrahim said as he welcomed a US$500 million investment by South Korean car giant Hyundai Motor to build a second assembly plant in the region. Trade-reliant Malaysia has been seeking new investors and markets over the past year as widening tariffs tied to the US-China trade and tech wars rattled its solar industry and raised concerns over its crucial semiconductor... https://www.scmp.com/week-asia/economics/article/3288136/malaysia-eyes-southeast-asias-ev-hub-crown-after-hyundai-us500-million-investment?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3288136/malaysia-eyes-southeast-asias-ev-hub-crown-after-hyundai-us500-million-investment?utm_source=rss_feed Tue, 26 Nov 2024 04:30:30 +0000 South Korean authorities launched an investigation on Tuesday after three people died during a car test at a Hyundai Motor plant in the city of Ulsan, police said. The two Hyundai researchers and one Hyundai contractor were found unconscious in a car at around 3:00pm while they were testing it in a “chamber,” according to Hyundai’s labour union. “Three research workers have died at an Ulsan assembly line,” a Hyundai representative said. “We are trying to determine the cause of the incident,” the... https://www.scmp.com/news/asia/east-asia/article/3287244/hyundai-workers-suffocate-during-car-test-south-korea-factory-prompting-probe?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3287244/hyundai-workers-suffocate-during-car-test-south-korea-factory-prompting-probe?utm_source=rss_feed Tue, 19 Nov 2024 10:04:51 +0000 The Mexican government on Monday raised concerns about the Biden administration’s proposal to prohibit key Chinese software and hardware in connected vehicles on American roads over national security concerns. Mexico’s economy ministry said in a filing with the US Commerce Department the proposal could have a “substantial impact on Mexico’s automotive industry. Economically, it poses potential trade barriers, disruptions to supply chains, increased production costs, and a possible risk of... https://www.scmp.com/news/china/article/3284231/mexico-warns-us-ban-chinese-car-tech-could-hurt-its-automotive-industry?utm_source=rss_feed https://www.scmp.com/news/china/article/3284231/mexico-warns-us-ban-chinese-car-tech-could-hurt-its-automotive-industry?utm_source=rss_feed Mon, 28 Oct 2024 21:06:23 +0000 Martin Choi Martin Choi Sales of electric vehicles (EV) have overtaken conventional cars for some time now in Hong Kong, putting the city firmly on the zero-emissions path by 2050. Carmakers and distributors from around the world, including the US, Europe and mainland China, have been slowly but surely introducing battery-powered cars to Hong Kong, in line with the government’s push to phase out fossil fuel-propelled vehicles by 2035. The Post looks at the top five EV makers by market share in Hong Kong, and some of... https://www.scmp.com/business/companies/article/3274584/which-are-top-ev-brands-hong-kong-which-are-bestselling-models?utm_source=rss_feed https://www.scmp.com/business/companies/article/3274584/which-are-top-ev-brands-hong-kong-which-are-bestselling-models?utm_source=rss_feed Fri, 16 Aug 2024 00:30:11 +0000