Etiqueta: south korea

China’s dominance over rare earths gives Beijing powerful leverage in trade, technology and strategic negotiations.

TrendForce’s latest research reveals that global NEV sales, including BEVs, PHEVs, and FCVs, reached 4.868 million units in the second quarter of 2025, up 30% YoY. When HEVs are included, total EV sales climbed up to 6.456 million units, accounting for 29% of global auto sales.

BYD has unveiled a new plug-in hybrid system delivering 90 mpg (2.6 L/100 km) under NEDC standards. After passing internal tests on the 28th, it gained official certification on Tuesday from China’s National Automotive Quality Supervision and Inspection Center in Guangdong. BYD calls it the start of the 2L era in fuel efficiency. BYD’s new plug-in ...

The EV Battery Companies Quadrant provides an in-depth analysis of the global EV battery market, highlighting leading companies and industry trends. With over 100 companies evaluated, the top 13, including industry giants like Contemporary Amperex Technology Co., Ltd. (CATL), BYD Company Ltd., and LG Energy Solution, have been named quadrant leaders. These firms are noted for their significant investments in R&D and strategic partnerships. As electric vehicle sales surge, driven by government in

Yahoo Finance is chronicling the latest news and updates on Trump's tariffs.

CATL and BYD's combined EV battery installations in the first half of 2025 stood at 280.8 GWh, accounting for 55.7 percent of the global total.

The United States has agreed to impose 15 percent tariffs on imports from South Korea under a trade deal announced on Wednesday, easing earlier concerns over a potential 25 percent rate.

There's been a huge spike in demand for this car and it could really shake up the market.

The level 3 autonomous vehicles market is expected to surge from 291,000 units in 2025 to 8.7 million units by 2035, driven by a 40.5% CAGR. Despite slow adoption, evolving consumer confidence, especially in China and the Middle East, presents new opportunities. Chinese OEMs, including BYD, Xpeng, and NIO, are strategically bundling level 3 autonomy with advanced E/E architecture to maintain competitiveness. Asia Pacific is poised for robust growth, led by aggressive efforts from regional OEMs.

The BYD Seal, an electric vehicle (EV) from Chinese automaker BYD, is making its mark on the Everland Speedway in Yongin, South Korea. Inexpensive, Yet Luxurious This sentiment resonated throughout online forums when BYD announced the price of its second model, the BYD Seal, at 46.9 million KRW (approximately 33,200) (before incentives). At first g...