Yang Jin Soo News - Latest Updates & Headlines
Hyundai Motor raises alarm at BYD's entry into South Korean market
Seoul, Jan 15: Hyundai Motor Group's think tank on Wednesday cautioned against underestimating BYD, China's largest electric vehicle (EV) manufacturer, as it plans to enter South Korea's passenger car market.
Plug-in hybrid electric vehicles to drive global EV growth in 2025
Seoul, Jan 15: The global market for electric vehicles (EVs) is expected to see significant growth this year driven by the plug-in hybrid electric vehicle (PHEV) segment, while the battery electric vehicle (BEV) segment may continue to face challenges, a think tank run by Hyundai Motor Group said on Wednesday.