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Hyundai targets electric vehicle exports from China to global markets

Hyundai Motor plans to export electric vehicles manufactured in China to markets across Asia Pacific and the Middle East, marking a strategic shift as the company seeks to rebuild its position in the world’s largest auto market. Chief executive José Muñoz said the company had grown......

Samsung SDI signs first EV battery supply deal with Mercedes-Benz

South Korea’s Samsung SDI has reached a significant milestone by signing its first electric vehicle (EV) battery supply agreement with German automaker Mercedes-Benz. The multi-year deal marks a new phase of collaboration between the two companies as the global automotive industry accelerates its......

Hyundai recalls over 294,000 vehicles in the United States over seat belt defect

South Korean automaker Hyundai Motor Company has announced a large-scale recall affecting more than 294,000 vehicles in the United States due to a potential safety defect involving seat belt anchors. According to the National Highway Traffic Safety Administration (NHTSA), the issue may cause the seat......

Tesla sales surge in South Korea amid intensifying EV competition

Sales of electric vehicles from Tesla have recorded a sharp increase in South Korea, reflecting growing demand and heightened competition in the country’s EV market. According to market data, Tesla’s vehicle registrations surged significantly in March compared to the same period last year.......

Audi reshuffles global leadership as part of strategic reorganization

Audi has announced a broad executive reshuffle across its key markets in North America, China, Canada, and South Korea, effective April 1, as part of efforts to strengthen its global operations and boost sales in underperforming regions. The German automaker described the move as part of its most extensive......

Renault strengthens position as Europe’s second-largest hybrid car seller

Renault continues to build momentum on the European automotive market, consolidating its position as the second-largest seller of hybrid vehicles in Europe, driven by strong demand for both hybrid and fully electric models. In 2025, the French automotive group sold approximately 2.33 million vehicles......

Hyundai Introduces Affordable Electric Vehicle to Tap Japan’s Hesitant EV Market

CHIBA, Japan, Jan 10 – South Korea's Hyundai Motor has unveiled its most affordable compact electric vehicle (EV) in Japan, aiming to challenge a market traditionally dominated by local automakers specializing in petrol and hybrid technologies. The new Hyundai Inster represents the company’s......

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