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[KH Explains] Will Korea's new EV subsidies undercut Tesla's edge?

The South Korean government is carrying out a strategy to boost the price competitiveness of electric vehicles from domestic automakers with a revised EV subsidy policy for this year. It is seen as a response to aggressive pricing strategies of Chinese automakers and models equipped with Chinese batteries, such as the Tesla Model Y, which utilizes cost-efficient lithium iron phosphate batteries from China's CATL. ....

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Elon Musk's Tesla sold only 1 electric car in South Korea in January. Here's why

Carmakers are facing a slowdown in enthusiasm for EVs in South Korea as higher interest rates and inflation prompt consumers to rein in spending ....

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Elon Musk's Tesla sold only 1 electric car in South Korea in January

Elon Musk's Tesla sold only 1 electric car in South Korea in January
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Tesla sold only one car in South Korea last month, issues with EVs made in China to blame

Tesla sold only one car in South Korea last month, issues with EVs made in China to blame
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Tesla Sold One (1) Car In Korea Last Month

Also, the United Auto Workers Union took a big step to add VW workers, and Honda is making a lot of money right now. ....

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