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Polestar Struggles Against Tesla Rivalry, Plans Polestar 4 LaunchTesla’s Rival, PolestarSuffers a Sales SlumpPolestar 4 is scheduled to be released in South Korea Polestar, which emerged as a rival to Tesla, continues to decline. Recently, Polestar cut 15% of its total workforce due to sluggish sales of electric vehicles and then launched Polestar 4 in the Chinese market. Still, it failed to bring […]
Top 6 Electric Vehicles Set to Dominate 2024Is the demand for electric vehicles slowing down?Will new models reshape the 2024 market trends?Here are six anticipated electric vehicles of the year Currently, the global market for electric vehicles is experiencing a slowdown. However, according to industry experts, the inevitable transition to electric vehicles is expected to happen. These predictions fuel automakers to continue […]
Chinese Electric Car Invasion: Is BYD the New Tesla Threat?Rapidly Growing Chinese Electric Vehicle BrandsWhich Will Dominate in 10 Years? In the global electric vehicle market, another brand is gaining a significant presence along with Tesla: China’s BYD. This brand is penetrating the market with its affordable prices. Of course, other Chinese automakers also show a rapid growth rate each year. In 2023, while […]
Considering an Electric Vehicle? Here Are Some Alternatives to the Tesla Model Y Tesla has been a leader in the electric car market, and its best-selling Model Y has been popular in Korea. The Model Y used to be one of the first choices when buying an EV, but recently, consumers are struggling to choose an EV model...
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