Malaysia's Ambitious EV Goals: 80% Electric by 2050 2024.01.31 Malaysia's battery electric vehicle sales are set to exceed 10,000 units in 2023 for the first time, thanks to government subsidies.

China's Legal Reforms Shake Up Business: What You Need to Know 2024.01.31 [Reporter Yeo Heon-woo, Energy Economics] As the business environment is rapidly changing due to the overhaul of Chinese laws, Korean companies in the region should familiarize themselves with the changes. On the 24th, the Beijing branch of the Korea International Trade Association jointly organized the '2...

Elon Musk Warns of Chinese Car Dominance in the Global Market 2024.01.31 Tesla's Elon Musk at last week's earnings call, "Chinese automakers are the most competitive automakers in the world.

2023's Top-Selling Pickup Trucks: American Brands Dominate the Charts 2024.01.30 Pickup trucks are an up-and-coming automotive market, with the SUV market on the rise. Especially in the United States, pickup trucks are always at the top of the car sales charts. In 2024, domestic companies will also introduce various pickup trucks to capture consumers' attention.

Walmart Offers 6-Figure Salaries to Store Managers: A Game-Changer in Retail? 2024.01.30 US Walmart pays store managers more than $400,000 a year. Bonuses and stock compensation also increased. Store managers can earn up to $540 million. Store managers are being treated better so they can think and act like owners. Walmart is investing heavily in its employees...

Elon Musk Announces Implantation of First Neuralink Brain Chip in a Human 2024.01.30 Elon Musk's startup Neuralink has successfully performed a surgery to implant a chip into a human brain. This is expected to enable the development of telepathic capabilities that can control devices using only thoughts...

Trump Threatens Big Tariffs on Car Imports 2024.01.30 Former President Donald Trump said he will protect the U.S. auto industry by imposing tariffs on imported cars if he is re-elected. As a result, trade barriers for the automotive industry are expected to increase...

BMW's New 5/i5 Series: China Launch 2024.01.30 BMW introduced the new 5 Series sedan and the battery-electric i5 to the Chinese market on January 25, 2024. Unlike a typical launch event for a large business sedan, there were no business suits and speech rehearsals...

Elon Musk's Twitter Deal Faces Backlash from Long-Term Tesla Investor 2024.01.30 Tesla CEO Elon Musk looks at a file photo during a visit to the site of the Auschwitz-Birkenau concentration camp in Oswiecim, Poland, on April 22. Musk was criticized in November 2023 for posting anti-Semitic comments on social media.

Tesla's Q4 2023: Operating Margin Shrinks, But Net Profit Doubles 2024.01.30 Tesla announced financial results for the fourth quarter of 2023 on January 24, 2024. Operating income decreased 47% year-over-year to $2.064 billion, marking the fourth consecutive quarter of losses...

Volkswagen Reveals Updated 8th Gen Golf with Cutting-Edge AI Chatbot 2024.01.30 Volkswagen has unveiled a partially facelifted model of the eighth-generation Golf on January 24, 2024...

Xiaomi's Entry into Electric Cars: Lei Jun's Battle for Supremacy 2024.01.30 Lei Jun, founder of Chinese smartphone giant Xiaomi, has claimed that competition in the automotive industry will be winner-take-all, unlike other executives in China's electric vehicle sector.

China's New Energy Vehicle Goal Reached Well Ahead of Schedule 2024.01.30 China is expected to meet its 50 percent new energy vehicle penetration target 10 years ahead of schedule, a Chinese government official said, China Daily reported on Jan. 22, 2024...

Saudi Non-Oil Economy Records 20% Growth Since 2016 2024.01.29 [TheGuru=Hong Sung-hwan] Saudi Arabia's non-oil industry is growing at a rapid pace. It is the result of actively promoting 'Vision 2030,' a mid- to long-term development plan to move away from an oil-centered economic structure.

Disney's 100th Anniversary Collaboration: Hyundai-Honda-Vespa-Fiat 2024.01.29 [moreguru=hongseongil reporter] Global content company Walt Disney has collaborated with Hyundai Motor Co. to celebrate its 100th anniversary...

South Korea Ranks 5th in 'Engineer Output per Capita Beating China 2024.01.29 [TheGuru=Sungil Hong] South Korea has surpassed China in the number of engineers produced per capita per year. However, the absolute number is about 10 times different...

Hyundai Motor Group Introduces Active Air Skirt to Enhance Electric Vehicle Efficiency 2024.01.29 Hyundai Motor and Kia have developed an 'active air skirt' technology to improve the range and stability of electric vehicles. The technology minimizes drag at high speeds and effectively controls vortices around the vehicle's wheels...

Tesla Recalls Nearly 200,000 U.S. Vehicles Due to Rearview Camera Issue 2024.01.29 Tesla 'Model Y' production line. [Photo: Tesla Korea][iNews24 reporter Beomyeol Yoo] Tesla is recalling 200,000 vehicles in the U.S. with rearview camera malfunctions...

Elon Musk Drops to Second Wealthiest Person as Tesla's Stock Falls Sharply 2024.01.29 Elon Musk has been dethroned by LVMH's Bernard Arnault as the world's richest man after Tesla's stock plunged. Arnault is now the world's most powerful person, while Musk is second. This is due to Tesla's bad news and LVMH's positive outlook...

South Korea Worries About Economic Impact If Trump Returns to Office 2024.01.29 Sejong

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