search
KED Global
Trends
- 1South Korea becomes ground zero for EV price war▼South Korea becomes ground zero for EV price war as global carmakers slash tags
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.