#South Korea

Polestar Builds First 5,000 Polestar 4 SUVs in South Korea for Europe

Polestar has built its first 5,000 Polestar 4 SUVs at a plant in Busan, South Korea, with the vehicles headed to Europe, CEO Michael Lohscheller told Automotive News.<br /> The production milestone comes as the automaker looks to revive European sales and improve profitability, although it has not disclosed how many of the vehicles have been ordered or how quickly they will reach customers.

Polestar Says It Was Blindsided by U.S. Sales Ban

Polestar and Volvo Cars share the same Chinese majority owner, Zhejiang Geely Holding Group. The companies also have vehicles with closely related hardware and software, while the Polestar 3 and Volvo EX90 are produced on the same line at Volvo’s plant in South Carolina.

Polestar CEO Says ‘The Days Are Over’ for Global Carmaking After US Sales Ban

The executive said the decision reflects a broader shift toward regionalized vehicle production and market strategies as governments tighten regulations surrounding connected vehicle technologies.

Polestar 4 Coupe Launches in Korea With Lower Prices and Chassis Upgrades

The Swedish EV maker removed the “SUV” designation from the vehicle’s name, repositioning it as a coupe while enhancing ride and handling characteristics and reducing prices by up to 2 million won ($1,450) for some variants. Online sales began on June 11.

Cadillac Launches Escalade IQ EV SUVs in Middle East

The 2026 Escalade IQ and Escalade IQL have officially arrived at regional dealerships, making the Middle East the second market outside North America after South Korea to receive the flagship electric SUVs.

Polestar Posts Record Q1 2026 Sales with 13,126 EV Deliveries

The result marked a 7% year-over-year increase and reflected continued momentum following a record 2025.

Cadillac Celestiq Sources Less than 50% of Parts from North America

Despite its hand-built status and roughly $400,000 price tag, less than half of the vehicle’s parts originate from North America.

Kia Discontinues Niro EV as Brand Pivots to Dedicated Electric Models

The decision was confirmed during the unveiling of the refreshed 2026 Kia Niro in South Korea, which will now be offered exclusively with a hybrid powertrain.

Ford Mach-E Outlasts Rivals as Hyundai and Kia Delay Key EV Models

At the same time, competing EV crossovers from Hyundai and Kia are facing delays or cancellations in the U.S. market.

Hyundai Drops Regular Ioniq 6 in America but Performance N Model Survives

The company confirmed that its EV sedan lineup moving forward will focus solely on the high-performance Hyundai Ioniq 6 N, which is expected to arrive later in limited numbers.

Hyundai’s Cheapest EV Takes a Break as Kona Electric Skips 2026

According to a Hyundai spokesperson, the decision was driven by existing inventory levels rather than a permanent product cancellation.

Tesla Considers Turning Cybertruck Into Autonomous Delivery Vehicle

The idea would shift the Cybertruck away from consumer use and toward localized cargo delivery once full autonomy is achieved.

Ford CEO Jim Farley Warns Company “Can’t Miss China” as Tech Gap Widens

Farley, who recently personally tested several top Chinese EVs, said their technology is “far more advanced” than global rivals.

Cadillac Confirms 2026 Escalade IQ Launch In South Korea

According to GM Korea, the Escalade IQ will arrive as the most iconic and technologically advanced Cadillac model ever sold locally.

Hyundai IONIQ 6: Everything You Need to Know

With its sleek design, impressive range, and advanced features, the Hyundai IONIQ 6 sets a new standard for modern EV sedans.

Hyundai to expand hybrid lineup in US to offset tariffs, target Toyota

Hyundai Motor Group plans to roll out hybrid models across its entire US lineup by 2026.

Hyundai Elexio EV to spearhead China market comeback

Hyundai Motor will debut the Elexio, a battery-powered SUV designed exclusively for China.

Polestar 4 Now Available in the US, Built in South Korea

Polestar’s latest electric crossover arrives stateside with a $57,800 starting price, built in Busan by Renault for the North American market.

Polestar Puts Focus On European Market Amid Better Q1 Financial Results

Polestar has stated that Europe is more profitable for the company than the United States and China.

Rivian R2’s $45,000 Starting Price Won’t Be Raised Despite Tariffs, Says CEO

This could make the Rivian R2 one of the most desirable all-electric crossovers on the market.