Kia reported a record-high operating profit of 12.67 trillion won ($8.86 billion) in 2024, driven by strong hybrid SUV sales and a decrease in battery cell prices.
BYD officially launched its popular Atto 3 in South Korea this week, its first EV to hit the market. The electric SUV starts at just over $21,500 in Korea, but with subsidies, prices could fall to ...