Affordable Chinese News South Korea 
The Truth About Cars
APRIL 19, 2024
Kia debuted the standard EV5 late last year during its first EV Day event in South Korea. It will likely be more affordable than the larger EVs in Kia’s catalog, which comes with a slightly less impressive electrical architecture. It also rides on a six-inch shorter wheelbase than the Six, at just over 108 inches.
Teslarati
FEBRUARY 5, 2024
Hyundai is reportedly looking to launch an affordable electric version of its Casper mini SUV in Europe later this year, which is expected to rival other small electric vehicles (EVs) in the market. Hyundai is currently building a new EV factory in South Korea , which broke ground in November and is expected to cost around $1.5
Baua Electric
MARCH 20, 2024
According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4
Baua Electric
MAY 9, 2024
Chinese battery makers grew faster than rivals to account for more than two-thirds of global EV battery capacity last year, according to data from consultancy Counterpoint Research. Panasonic Energy faces fierce competition from other Asian battery makers such as China’s CATL and South Korea’s LG Energy Solution.
Baua Electric
APRIL 10, 2024
Kia to launch new low-cost models, including Carens EV During its recent CEO Investor Day , Kia unveiled its new roadmap to becoming an electrification leader. The move comes as Kia looks to fend off low-cost Chinese automakers like BYD. Kia’s new plans include introducing more hybrids while focusing on affordable electric cars.
CN EV Post
APRIL 4, 2023
A new research lab under the center will focus on discovering new functional and affordable materials. Image credit: Samsung SDI) Samsung SDI, South Korea's third-largest battery maker, has opened a new battery research and development center in China to boost its technological competitiveness.
Baua Electric
JANUARY 11, 2024
South Korea’s SK On plans to start mass producing lithium iron phosphate (LFP) batteries as early as 2026 to supply several automakers as it pushes to deliver a lower cost battery chemistry favoured by its Chinese rivals, a senior executive said. We have to compete with the Chinese LFPs. We are flexible.”
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