Tesla saw a decline in March vehicle sales despite a surge in U.S. auto sales. Its grip on the EV market weakened as competitors gained ground and industry-wide prices remained resilient.
Two major Michigan business organizations have warned that President Donald Trump's planned 25% tariffs on imported vehicles and parts would severely damage the state's auto-dependent economy and harm the working class.
Hyundai Motor has opened its Metaplant America in Georgia, marking a major milestone in U.S. manufacturing. With a $12.6 billion investment, the facility will produce up to 500,000 electric and hybrid vehicles annually for Hyundai, Kia, and Genesis.
South Korean markets showed resilience Wednesday as President Yoon Suk Yeol was taken into custody, with the benchmark KOSPI rising 0.40% to 2,507.35 amid heightened political uncertainty.
Toyota is making big moves in the rapidly developing EV market. Is the Japanese giant changing with the times, or leading the charge? Here' s what you need to know.
South Korean President Yoon Suk Yeol faces arrest over his controversial martial law declaration. A court issued a warrant against Yeol on Tuesday, Dec. 31, 2024.
Hyundai USA on Monday said that the company's existing EV owners will get free adapters to charge on Tesla Inc's supercharger network in the first quarter of 2025.
South Korean markets traded sharply lower on Wednesday, Dec. 3, 2024 following a dramatic political upheaval that saw President Yoon Suk Yeol briefly impose and then quickly withdraw martial law after facing parliamentary opposition.
Hyundai Motor and Kia Corp are together recalling over 208,000 electrified vehicles in the U.S. citing concerns about a loss of drive power, the National Highway Traffic Safety Administration (NHTSA) said on Friday.
South Korean automaker Hyundai Motor Co's incoming CEO Jose Munoz is optimistic about the future of electric vehicles despite fears of EV tariffs and incentives getting dropped or reduced under the upcoming Trump presidency.
