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.

The New York Stock Exchange is looking to trade for 22 hours a day — raising thorny questions about how equity markets function

Chinese electric vehicles threaten South Korean market with cost-effective innovations Chinese automakers are poised to disrupt the domestic auto industry with their innovative approaches and competitive pricing.

Global shares are trading mixed after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy. Shares rose in early Tuesday trading in Germany and Britain while falling in France.

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 main opposition Democratic Party, however, welcomed the indictment and urged the court to hold Yoon “accountable for his violations of constitutional order and his trampling on ...

South Korea’s authorities investigating last month’s Jeju Air plane crash have submitted a preliminary accident report to the UN aviation agency and to the authorities of the United States ...