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Kia & Hyundai unfazed by BYD’s EVs in South Korea

Teslarati

Kia and Hyundai are unfazed by BYD’s electric vehicles launching in South Korea. Earlier this month, Chinese automaker BYD announced it would enter South Korea’s passenger car market in 2025. BYD entered South Korea’s commercial car market in 2016 but has yet to launch a passenger car there.

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Thomson Reuters report finds established auto industry companies, not Silicon Valley, leading development of autonomous driving tech

Green Car Congress

Established automotive industry companies—not Silicon Valley—are leading the development of autonomous driving technology, according to a new report from the Intellectual Property and Science business of Thomson Reuters. To the contrary, automotive bellwethers are the ones in the driver’s seat.

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Elon Musk considers South Korea for next Tesla Gigafactory location: report

Teslarati

South Korea’s presidential office revealed that President Yoon Suk-Yeol and Elon Musk conversed about Tesla in a video call on Wednesday, November 23. During the video call, Elon Musk reportedly told President Yoon that he considered South Korea one of the top candidates for a Tesla factory in Asia, reported Reuters.

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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

million in 2020, followed by 450,000 in the US and about 110,000 each in Japan and South Korea. Great promotional events and bold aspirational statements by the domestic auto industry can’t mask the facts. Continuing on this path would hurt the domestic US auto industry’s prospects for decades.

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A look at Tesla’s potential new Gigafactory locations: Mexico, Canada, Indonesia or South Korea

Teslarati

In September, Canada’s Minister of Industry Francois-Philippe Champagne stated that Tesla did discuss the possibility of building a factory in Canada. Earlier this year, Champagne emphasized that Canada hopes to be the auto industry’s new “ supplier of choice.” Tesla South Korea.

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Toyota Cuts EV Goals, Also Gets Billions In Battery Subsidies From Japan

InsideEVs

Also on Critical Materials: More on the German auto industry's "multiple challenges," and South Korea forces EV makers to name names.

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“Electric cars are disasters; they are evil," says Hyundai union head

Green Car Reports

Not something you'd hear every day, certainly not from a powerful executive in the auto industry. Yet those are the words of Ha Bu-young, head of the Hyundai motor union, both the largest and the most powerful union in South Korea. “Electric cars are disasters. They are evil."