
Hyundai Halts EV Production in South Korea Amid Slow Demand and U.S. Tariffs
On April 17, 2025, Reuters reported a significant shift in Hyundai Motor’s electric vehicle (EV) strategy, citing South Korea’s Yonhap news agency. Hyundai Motor (005380.KS) plans to temporarily suspend production of some EVs at its Ulsan complex due to sluggish…