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S. Korea to raise concerns about EV credits, battery sourcing in U.S. visit

SEOUL — South Korean officials will meet U.S. counterparts this week to express "concerns" about the Inflation Reduction Act, which restricts who can receive U.S. subsidies for the production of electric vehicles and where firms can source battery materials. President Joe Biden signed into law this month a $430 billion bill, seen as the biggest climate package in U.S. history. The law requires that EVs be assembled in North America to qualify for tax credits, ending subsidies for several EV models, and that a percentage of critical minerals used in batteries come from the United States or an American free-trade partner. Automakers like Hyundai Motor face short-term competitive disadvantage to manufacturers of EVs that receive tax credits in the United States, while industry sources said Korean battery makers must make changes to mineral sourcing routes, which could affect cost adversely. South Korean officials are expected to tell counterparts from the U.S. Trade Representative's office and the U.S. Treasury that the new law may violate trade norms such as the U.S.-South Korea free trade agreement and the WTO agreement, the industry ministry said. Korean automakers will consider adjusting production plans to prioritize the construction of U.S. plants for example, the ministry said, while battery makers will seek to diversify where they source minerals from. Under new rules to kick in next year, at least 40% of the monetary value of the critical minerals in batteries will need to come from the United States or an American free-trade partner, with that proportion rising to 80% by 2027. Globally, the treatment of some 58% of lithium, 64% of cobalt and 70% of graphite goes through China, according to ministry data. FALLOUT The new rules are a major complication for battery makers LG Energy Solution (LGES), SK On and Samsung SDI, battery industry sources said. South Korea's LGES supplies Tesla and General Motors, while SK On and Samsung SDI supply Ford Motor and Volkswagen among others. The three battery makers together command more than a quarter of the global EV battery market, according to SNE Research. "It's become a huge headache ... Automaker clients said they didn't expect this new law would take effect this soon," said a South Korean battery industry source.

2020 Kia Telluride Second Drive | Won over

When I first saw the 2020 Kia Telluride at the 2019 Detroit Auto Show press days, I was super impressed. It looked great on the show floor, the interior was roomy, materials were high-quality and details well attended to. I couldn't wait to show my wife, Cat, who has been looking to move from a Mercedes-Benz GLK into something a bit bigger. The Tellurides were less accessible when Cat and I took our son, Wollie, to the public show, so I couldn't fully show off this new ute I thought was so cool. "Eh, it's a Kia," Cat said, despite my many previous attempts to convince her that the notion of crummy, boring, cheap Kias is a thing of the past. Anyway, I'd have to wait to get a Telluride from the press fleet to convince her further and to see if I even liked it as much on the road as I did seeing it on the show floor. The day I brought it home, my 3-year-old son called — as he often does — around lunchtime to ask what car I'd be driving. When I said "Kia Telluride," he got excited. He's been a huge fan of our long-term Stinger (as well as an Optima we once rented in Arizona), so the Kia brand name impressed him. My wife, who was also on the line, had no reaction. Driving it home, I fell in love with the Telluride, just as I expected I would. Our top-of-the-line SX-trim tester was nice, loaded with content, trimmed with what looked and felt to be high-quality materials. It took close inspection to see that the headliner isn't a soft microfiber, and that the wood trim is actually plastic. The Nappa leather upholstery is rich, and the seats supportive. The huge dual sunroof and gigantic windows give the cabin an open, airy feeling. I would be pushing for a Telluride as a future addition to Autoblog's long-term garage, as I could see myself enjoying this car for many a mile, with the space to serve many purposes. When I got home, Wollie was eager to check the Telluride out. He climbed all through it, and marveled at the sheer amount of space it affords. He had the room to navigate freely from seat to seat and row to row. As a full-grown adult, I also found it fairly easy to navigate between the captains' chairs and get comfortable in the third row. I wouldn't recommend putting three adults in the back, but I'd be happy back there for shorter rides, or perfectly relaxed in the second row on long hauls. The Snyder boys were sold. Cat came out to see it, and still wasn't impressed.

Autoblog Electric launches; we talk EV news, VW ID.4 and Kia EV6 | Autoblog Podcast #770

In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Editor, Green, John Beltz Snyder. In company news, we launched the Autoblog Electric hub this week, and as such, we spend a lot of this episode talking about EVs. WE start by talking about some electric pickups on the way, EV charging and U.S. infrastructure plans, states banning ICE sales, the happiest EV owners, thoughts on the viability of smaller electric automakers and Formula 1's renewed stance against goinf electric. We also share notes on the Volkswagen ID.4 and Kia EV6 we've been driving, as well as other memorable EVs we've driven in the past year. Finally, we reach into the mailbag for a Spend My Money update before talking about late winter/spring beverages.  Send us your questions for the Mailbag and Spend My Money at: Podcast@Autoblog.com. Autoblog Podcast #770 Get The Podcast Apple Podcasts – Subscribe to the Autoblog Podcast in iTunes Spotify – Subscribe to the Autoblog Podcast on Spotify RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Autoblog launches Autoblog Electric Electric pickup trucks available in 2023 and beyond The current and future state of EV charging New Jersey is the next state to ban light-duty ICE vehicle sales by 2035 Rivian R1T, Mini Cooper Electric owners happiest with their EVs Thoughts on smaller electric automaker firms F1 CEO vows there will never be an electric car on the grid Cars we're driving Long-term 2022 Kia EV6 2023 VW ID.4 Other memorable EVs Spend My Money update: Replacing an Alfa Romeo Giulia with a BMW i4 Feedback Email – Podcast@Autoblog.com Review the show on Apple Podcasts Autoblog is now live on your smart speakers and voice assistants with the audio Autoblog Daily Digest. Say “Hey Google, play the news from Autoblog” or "Alexa, open Autoblog" to get your favorite car website in audio form every day. A narrator will take you through the biggest stories or break down one of our comprehensive test drives. Related video: Government/Legal Green Motorsports Podcasts Kia Lotus Volkswagen Green Automakers Green Culture Green Driving Truck Crossover SUV Electric Racing Vehicles Infrastructure Lucid