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 Inc. disappointed investors on Thursday, reporting sales of 495,570 electric vehicles in the fourth quarter and of 1.789 million for all of 2024, falling slightly short of Wall Street ...