South Korea’s auto exports soar to $37 billion in first halfJuly 17, 2024 In 2024, South Korea’s car exports reached a new high of $37 billion, driven by a surge in demand for hybrid models.
Ford adjusts EV strategy, reduces F-150 Lightning outputJanuary 19, 2024 Ford reduces F-150 Lightning production, indicating a slowdown in EV demand and a major shift in its electric vehicle strategy.
Europe’s car sales dip in December amid EV market challengesJanuary 18, 2024 Europe faces a 3.8% decline in car sales in December, led by reduced interest in EVs and a significant 25% sales drop in Germany.