Hyundai Motor Raises Alarm At BYDs Entry Into South Korean Market
Seoul: Hyundai Motor Group’s think tank on Wednesday cautioned against underestimating BYD, China’s largest electric vehicle (EV) manufacturer, as it plans to enter South Korea’s passenger car market. Yang Jin-soo, head of the mobility industry research division at Hyundai Motor Group Business Research Center, said during a seminar with automotive industry reporters that “there is…