Monday, March 31, 2025

Tesla Dips Over 3% Amid Rising ‘Musk Risk’ and Declining European Sales

Tesla's stock fell over 3% amid rising "Musk risk," with sales declining sharply in Europe, affecting other EV stocks too.

‘America First’ Again: Trump’s Policies Could Shake South Korea’s Export Powerhouse

Gwangju and Jeollanam-do exports, including cars and steel, may face disruptions under Trump's pro-domestic policies.

China Outpaces U.S. in Quantum Technology Investment, Boosting Its Global Ambitions

China invests heavily in quantum technology, challenging the U.S., while South Korea aims to enhance its quantum capabilities.

Dong Hee Lee

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The New Model Y Is Here—Sharper Looks, Smoother Ride, Same Tesla DNA

Tesla Korea launches the new Model Y with enhanced design and features, offering three variants and impressive range and efficiency.

Hyundai and Kia Race to Decode China’s EV Boom—Starting With Xiaomi and ZEEKR

Hyundai Motor Group is analyzing China's EV market, sending Kia union members to ZEEKR and studying Xiaomi's SU7 model amid rapid growth.

MINI Expands the Lineup: New 5-Door Cooper Balances Speed and Space

MINI Korea launches the New MINI Cooper C 5-Door with a spacious interior, advanced tech, and sporty trims for enhanced driving experience.

Hyundai to Pump $21B Into U.S. Economy, Creating Over 1M Vehicles Annually

Hyundai's Eui Sun Chung announces a $21 billion investment in the U.S., enhancing supply chains and creating jobs.

Volkswagen’s Comeback Plan: Four Key Models to Drive Sales Growth

Volkswagen Korea aims for a sales rebound with four new models, including the ID.5 SUV and the Atlas, to boost their market position.

Kia’s RV Prices Reach Record High, Surpassing KRW 60 Million for the First Time

Kia's RV sales price surged past 60 million KRW, driven by exchange rates and strategic pricing, reflecting strong market performance.

Kia’s All-Electric Sedan, EV4, Combines Innovation with Stylish Design

Kia unveils its first electric sedan, the EV4, featuring a sleek design and dynamic "Tiger Face," aiming to enhance its EV lineup.

Kia Teases EV4, PV5, and Concept EV2: A New Era for Electric Vehicles

Kia teases new electric vehicles including the EV4 sedan, PV5 PBV, and Concept EV2 SUV, set to debut at Kia EV Day 2025.

IONNA Brings High-Speed Charging to North America, Partnering with Automotive Giants

IONNA, a joint venture for EV charging, launched in North Carolina, aims for 30,000 chargers by 2030, enhancing user convenience.

Kia Tasman and Musso EV: New Players Aim to Boost South Korea’s Sluggish Pickup Market

Kia and KG Mobility are set to launch new pickups, the Tasman and Musso EV, aiming to revitalize South Korea's stagnant market.

Tesla Falls Short: South Korea EV See Massive Growth in U.S. Market

In the first half of this year, sales of EVs in the U.S. auto market showed a slight decline compared to the previous year.

Jaguar Land Rover Unveils the Ultimate Family Ride: The 2024 New Discovery SUV

Jaguar Land Rover (JLR) Korea announced on July 18 that it is launching the New Discovery 2024 Model, the seven-seater family SUV.

Porsche’s First Electric SUV Now Available for Pre-Order

Porsche Korea announced that it will conduct pre-orders for its first electric SUV, the Macan Electric.

Hyundai Mobis to Establish Battery Plant in Ohio, Receiving $32 Million as Subsidies

The recipients include Hyundai Mobis, General Motors, Harley-Davidson, Volvo, Fiat Chrysler, and ZF. Hyundai Mobis will receive...

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