Earlier this week, Apple announced that it will ditch its decade-long electric car project, saying more resources will be poured into artificial intelligence in the future. An Apple-made electric car had long been a buzzword across industries. Carmakers had braced for a direct threat, while tech rivals had started working on their own car projects. But Tuesday’s surprise announcement was a reality check moment .
BYD will begin selling its electric sedans in Korea as early as the third quarter of this year, attracting keen attention from market watchers as to whether the Chinese electric vehicle (EV) maker will shake up the domestic EV market, which is currently led by Hyundai Motor Group, according to industry officials, Monday.
Kia has exceeded Hyundai Motor in corporate value for the first time in history, as what has long been considered a smaller carmaker is attracting more attention from investors due to its more evidently promising short-term growth strategies, according to analysts and experts, Thursday.
UPI – South Korean auto parts maker Hyundai Mobis said it has developed a sophisticated in-vehicle lighting system attuned to the driver’s mood. The technology is designed to sense the driver’s biorhythm, as well as his/her environment to adjust the colour, brightness and display of interior lights. For example, the motorist’s heart rate and the […]