BYD is now taking Hyundai and Kia’s home market by storm. After launching the electric SUV just last week, BYD said its EV has already secured over 1,000 preorders in South Korea. Can it compete with Hyundai and Kia’s new low-cost EVs?
Robotaxis revolutionize mobility and face profitability challenges in South Korea Robotaxis transform urban transport but struggle with economic viability in Korea
Asia markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports
It’s pretty rare for automakers to sell vehicles in Canada but not in the U.S. Some examples include the late Nissan Micra and Mercedes-Benz B-Class. Kia is about to add another one to the list, namely the EV5 compact crossover.
China’s biggest EV maker, BYD, built more electric cars than Tesla in 2024, signaling a global shift toward cheaper electric cars.
Tesla has led the EV industry for years now, forcing other OEMs to play catch up. Elon Musk’s vehicles offer great range, excellent infotainment technology and have some truly innovative features. Early and unfettered access to the Supercharger network is another major plus, though these vehicles are still far from perfect.
South Korea's Hyundai Motor said on Thursday it is in talks with General Motors to supply commercial electric vehicles to its U.S. peer, as it expects sales growth to halve this year due to softening demand.
US President Trump said he could impose 25 per cent tariffs on Canada and Mexico from Feb. 1, sending shares of several Asian automakers and battery firms lower in trading on Tuesday. Here are companies that may be affected (by sector,
U.S. President Trump said he could impose 25% tariffs on Canada and Mexico from Feb. 1, sending shares of several Asian automakers and battery firms lower in trading on Tuesday. Here are
BYD threatens South Korean auto market with competitive pricing and strong sales BYDs entry poses a significant challenge to local automakers by leveraging cost advantages and innovative strategies.