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Why foreign carmakers are adopting local navigation service

Foreign carmakers are on course to install Korea’s domestically developed navigation app for their new models, in response to local drivers’ continuous demands amid the nation’s growing strategic importance to major luxury carmakers abroad, industry officials said Tuesday. ....

South Korea , Active Tourer , Benz Korea , Mercedes Benz Korea , Cars Korea , South Korea , He Korea Times , Orea Times , Orean News In English ,

Low-priced EVs to take center stage in 2024

Automakers here and abroad are realigning their strategies to focus on low-priced electric vehicles (EV) in 2024, hoping to rev up automobile sales in the face of falling demand triggered by the global economic slowdown. ....

United States , South Korea , Los Angeles , Korea Automobile Manufacturers Association , Kia Concept , Cars Korea , South Korea , He Korea Times , Orea Times , Orean News In English ,

Low-priced EVs to take center stage in 2024

Automakers here and abroad are realigning their strategies to focus on low-priced electric vehicles (EV) in 2024, hoping to rev up automobile sales in the face of falling demand triggered by the global economic slowdown. ....

South Korea , United States , Los Angeles , Korea Automobile Manufacturers Association , Kia Concept , Cars Korea , South Korea , He Korea Times , Orea Times , Orean News In English ,

Volvo EX30 debuts in Korea

Volvo on Tuesday launched its latest all-electric sport utility vehicle, EX30, in South Korea, emphasizing the EV’s extraordinary safety technology and affordable prices to win the hearts of local customers. “EX30 is a premium all-electric vehicle that has everything required to move toward a safer future,” said Lee Yun-mo, CEO of Volvo Cars Korea. “(The EV) has everything that our customers e. ....

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Volvo to invest $84 million in Korea, introduce electric SUV this year

Volvo Cars plans to enhance cooperation with Korean battery and tech companies as technology is becoming imperative to maintaining competitiveness in the global market, the Swedish carmaker s CEO Jim Rowan said during a press conference held at the Shilla Hotel in Seoul, Tuesday. ....

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