Skip to content
Green
Hyperdrive

Hyundai and Korean Battery Makers Bristle at Biden Climate Bill

The US is South Korea’s closest political ally, but China is its biggest trading partner.

A Kia EV6 at the New York International Auto Show in April.

A Kia EV6 at the New York International Auto Show in April.

Photographer: Michael Nagle/Bloomberg
Updated on
From

Stay on top of the electric car revolution by signing up to our Hyperdrive newsletter here.

South Korea’s Hyundai Motor and local battery makers are struggling with the Biden administration’s historic climate and energy law that’s aimed at containing the influence of Chinese companies in the global electric car industry and boosting domestic production of EVs. Bloomberg has written about some of their concerns before here.