Korean automakers adjust electric vehicle prices amid subsidy changes Korean electric vehicle producers revise pricing strategies in light of subsidy modifications ...
31, 2024, reduces taxes on South Korean vehicles, parts and components. "This will lead to cheaper costs for vehicle assemblers and car owners," Trade Secretary Cristina Roque said in a statement on ...
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 ...