global auto industry

Global carmakers are cutting electric vehicle prices in South Korea, turning the country into a frontline of an intensifying EV price war, according to KED Global. Aggressive discounting by international manufacturers is putting pressure on local prices and reshaping the competitive landscape in one of the world's most advanced EV markets.

Chinese electric vehicles are rapidly gaining ground in Pakistan, according to a report by The Express Tribune. Affordable Chinese EV models are changing consumer preferences in a market long dominated by petrol cars, signaling a potential shift in the country's automotive industry amid rising fuel costs and growing interest in cleaner transport.