Volvo Korea sees strong demand for flagship S90, XC90

Hyundai Motor, Kia post solid growth in India through May on strong SUV sales

SEOUL, June 21 (Yonhap) -- Hyundai Motor Co. and Kia Corp. posted robust sales g...

Zeekr's 7X surpasses 1,000 units in pre-sale in Korea

Pre-orders for Chinese electric vehicle brand Zeekr’s mid-sized SUV 7X have surpassed 1,000 units in Korea within a month, Zeekr Korea said Monday. Pre-sales began on June 5 at the brand’s nine physical locations across Seoul, Gyeonggi Province, Daejeon and Busan, drawing strong interest. The vehicle was launched in three trims — Pro (rear-wheel drive), Max (rear-wheel drive) and Ultra (all-wheel drive) — with each priced at 52.99 million won (35,000), 59.99 million won, and 69.99 million won.

BYD challenges Porsche’s 911 with launch of electric supercar in Europe

Chinese electric vehicle (EV) assembler BYD has set its sights on Porsche’s supercars with plans to sell its Denza-branded new models in developed markets, the latest sign of its increasing heft in designing and manufacturing premium vehicles. The Shenzhen-based carmaker planned to unveil the Denza Z sports car featuring BYD’s self-developed intelligent DiSus body control ­system at the UK’s Goodwood Festival of Speed on Thursday, it announced in a statement. The European debut of the sports...

[Photo] 🇨🇳🇪🇺⚡️ — Chinese cars are rapidly conquering Europe: their share of new sales has exc [...]

— Chinese cars are rapidly conquering Europe: their share of new sales has exceeded 10 for the first time, according to Bloomberg.Europeans are massively choosing models that offer better performance at a lower price. The demand for hybrids and electric cars is particularly increasing.Chinese automakers have access to a range of domestic subsidies, including grants, cheap land plots, and financing, which reduce their cost of production.They can also benefit from government support in Europe. For example, in Germany, the government has launched a new program to stimulate sales of zero-emission cars worth 3 billion euros, as well as subsidies for hybrids for low-income families. As a result, since the introduction of subsidies, the biggest sales growth in Germany has been demonstrated by Chinese brands, particularly MG and BYD - by 50-75.The European Union is striving to protect its automakers, such as Volkswagen, Stellantis, and Renault, but the additional tariffs imposed by Brussels, which came into effect in 2024, only apply to fully electric cars made in China, while the trade barriers for hybrids are lower.@Intelslava

Geely seeks to double Zeekr sales abroad, eyeing Malaysia output

The high-end EV brand aims to offset weak sales in China through its overseas push.