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News

The Asia Business Daily
asiae.co.kr > en > article > 2026090209140406025

Range Rover Unveils First Electric Vehicle: 550 Horsepower, Up to 600km Range

6+ hour, 23+ min ago   (350+ words) Published 02 Sep.2026 09:14(KST) JLR Korea unveiled the brand's first all-electric vehicle, the Range Rover Electric, on September 2. The model retains Range Rover's signature design and off-road performance, while featuring electric motors and an 800V charging system. Orders in Korea begin in…...

The Asia Business Daily
asiae.co.kr > en > article > 2026090116162406865

Divergent August Sales: Hyundai Hit Hard by Strike, Kia Performs Strongly Overseas

23+ hour, 21+ min ago   (521+ words) Published 01 Sep.2026 16:16(KST) Hyundai Motor Company and Kia reported divergent global sales results for August. Hyundai experienced a more than 40% plunge in domestic sales due to production disruptions caused by union strikes, resulting in a double-digit overall sales decline. In…...

The Asia Business Daily
asiae.co.kr > en > article > 2026090108384468867

Hyundai Motor Launches Downtime Loss Compensation Service for Truck Customers

1+ day, 6+ hour ago   (310+ words) Published 01 Sep.2026 08:38(KST) On September 1, Hyundai Motor Company announced that it would launch new support initiatives for truck customers, including a downtime loss compensation service and a vehicle replacement support program, to help ensure stable business operations. The New Xcient…...

The Asia Business Daily
asiae.co.kr > en > article > 2026090108205055991

Renault Korea Launches 2027 Model of 'Grand Koleos"

1+ day, 7+ hour ago   (136+ words) Renault Korea Launches 2027 Model of 'Grand Koleos' Published 01 Sep.2026 08:20(KST) Renault Korea announced on the 1st that it has launched the 2027 model of the mid-size SUV 'Grand Koleos' and unveiled the limited white edition, the Grand Koleos 'Etoile'. Renault Grand Koleos…...

The Asia Business Daily
asiae.co.kr > en > article > 2026090106312946426

Trump Urges Refiners to Emergency Meeting, Pressures Gasoline Price Cuts

1+ day, 9+ hour ago   (564+ words) Published 01 Sep.2026 06:31(KST) Updated 01 Sep.2026 07:07(KST) U.S. President Donald Trump is calling executives from the U.S. oil refining and fuel distribution industries to the White House to tackle soaring gasoline prices in the wake of the Iran war. With the cost of…...

The Asia Business Daily
asiae.co.kr > en > article > 2026082909001049077

As Early as 2028, 200 NASDAQ-Listed Chinese Robotaxis to Operate in Seoul

3+ day, 3+ hour ago   (314+ words) Published 30 Aug.2026 12:00(KST) Pony.ai, which has surpassed a cumulative global robotaxi driving distance of 70 million kilometers and is listed on the NASDAQ in the United States, is making a full-fledged entry into the Korean market in collaboration with the…...

The Asia Business Daily
asiae.co.kr > en > article > 2026082609271789995

Polestar 3 Wins "Jury's Choice Electric Vehicle of the Year" (Overseas) at EV Awards 2026

1+ week, 6+ hour ago   (170+ words) Published 26 Aug.2026 09:27(KST) Polestar Korea announced on August 26 that its flagship electric performance SUV, the Polestar 3, received the "Jury's Choice Electric Vehicle of the Year" award in the overseas category at the "EV Awards 2026," held at COEX in Seoul. Now…...

The Asia Business Daily
asiae.co.kr > en > article > automobile > 2026082614552358422

Hyundai to Launch 100 New Models by 2030, Targets Global Sales of 5.55 Million Units

1+ week, 42+ min ago   (943+ words) Published 26 Aug.2026 14:55(KST) Updated 26 Aug.2026 15:43(KST) Hyundai Motor Company plans to launch more than 100 new models in the global market by 2030 and will significantly expand its production capacity. The strategy is to use its core competency in automobile manufacturing to…...

The Asia Business Daily
asiae.co.kr > en > article > honam > 2026082613174486340

Gwangju Used Car Dealers Urge Reconsideration of Government???s Consumer Protection Measures

1+ week, 2+ hour ago   (441+ words) Published 26 Aug.2026 13:27(KST) Used car dealers in the Gwangju area have called for a reexamination of the government’s used car consumer protection measures, stating, “While we agree with strengthening consumer rights, it is unacceptable to shift responsibilities and costs onto…...

The Asia Business Daily
asiae.co.kr > en > article > automobile > 2026082613032285529

Hyundai's Vision for Autonomous Driving: Betting on the 'Data Flywheel"

1+ week, 2+ hour ago   (656+ words) Hyundai's Vision for Autonomous Driving: Betting on the 'Data Flywheel' Published 26 Aug.2026 13:03(KST) On the 26th, Kyungmin Lee, Executive Director of Hyundai Motor Company's Autonomous Driving Development Center, introduced the company's autonomous driving strategy in a presentation titled "Continuous Improvement of…...