Hybrid boom offsets EV slump in Korea’s auto market

Hybrid boom offsets EV slump in Korea’s auto market

SUV hybrids from Hyundai, Renault, plus KGM’s Musso EV pickup, anchor growth in 2025 Hyundai Motor Company’s The All-New Palisade SUV (Hyundai Motor Company) Despite challenges ranging from US auto tariffs to slowing electric vehicle demand, Korea’s automotive market is showing resilience, driven by carmakers’ push to expand hybrid offerings and strengthen their SUV and…

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