Global Trade Alert
Global Trade Alert

Republic of Korea: K-Sure provides USD 940 million in support to Hyundai Mobis Co., Ltd. for the construction of an electric vehicle parts factory in the U.S.

Announcement

08 Nov 2023

In November 2023, the Korea Trade Insurance Corporation (K-Sure) announced the provision of USD 940 million in financing to support Korean company Hyundai Mobis in the construction of four factories in the United States to produce battery systems and powertrain components.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Nov 2023

Revocation date:

No revocation date

Announced: 08 Nov 2023
Financial assistance in foreign market In force
On 8 November 2023, the Korea Trade Insurance Corporation (K-Sure) announced the provision of USD 940 million in financing to support Korean company Hyundai Mobis in the construction of four factories...
Sign in to see more

Threads

See all

Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70642

interventions

194

jurisdictions

Harmful Trade Policy Interventions: Batteries

This Thread tracks harmful trade policy interventions affecting batteries since 2009. It covers all types of interventions monitored by Global Trade Alert that affect at least one HS code linked to cells and batteries, electric accumulators or generators.

Published: 09 Jan 2025

2107

interventions

96

jurisdictions

G20: Harmful Trade Policy Interventions

This Thread tracks harmful trade policy interventions introduced by G20 members since 2009. It covers all types of interventions monitored by Global Trade Alert.

Published: 15 Jan 2025

53972

interventions

121

jurisdictions