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.

Ford is working to develop electric vehicles capable of competing with Chinese automakers, who currently lead the global EV market on cost and technology. InsideEVs reports it went behind the scenes to examine how Ford is attempting to close the gap, looking at the company's engineering and production efforts as it tries to catch up in one of the auto industry's most competitive segments.

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.