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South Korea’s Gyeongju Bets $286M on APEC Summit to Showcase Tech, Culture, and Investment Opportunities

South Korea’s Gyeongju Bets $286M on APEC Summit to Showcase Tech, Culture, and Investment Opportunities

(Photo=Hwabaek International Convention Center) South Korea’s historic city of Gyeongju is turning up the heat ahead of the 2025 APEC Summit, aiming to transform the event into a global showcase for technology, culture, and business. Officials say the summit could serve as both a diplomatic milestone and a catalyst for regional economic growth. Preparations are in full swing. Key venues—including

Aug 26 2025
09:00 AM PDT
Kia EV6 GT Beats Ferrari Purosangue in 4 of 5 Drag Races

Kia EV6 GT Beats Ferrari Purosangue in 4 of 5 Drag Races

Photo=KIA, Ferrai Kia’s high-performance electric vehicle, the EV6 GT, has proven its speed in drag races against Ferrari’s Purosangue, winning four out of five races. The Italian supercar, powered by a 725-horsepower V12 engine, was outpaced by the EV6 GT, highlighting the performance capabilities of electric vehicles. According to online automotive platform Carwow, the EV6 GT took victory in four

Aug 25 2025
12:00 PM PDT
LG Electronics Sets Sights on India’s Emerging Air-Conditioner Hub in Sri City

LG Electronics Sets Sights on India’s Emerging Air-Conditioner Hub in Sri City

Photo=LG Electronics Sri City, a Special Economic Zone in Andhra Pradesh, is quickly emerging as India’s leading air-conditioner manufacturing hub—and LG Electronics is poised to play a central role. According to the Times of India, the industrial zone currently hosts seven AC manufacturers and 17 component suppliers. With ongoing expansions and new investments, Sri City is expected to produce roughly

Aug 25 2025
11:00 AM PDT
Hyundai’s IONIQ 9 Hits 15,000 Sales in 6 Months as U.S. Demand Surges

Hyundai’s IONIQ 9 Hits 15,000 Sales in 6 Months as U.S. Demand Surges

(Photo=Hyundai Motor) Hyundai’s newest large electric SUV, the IONIQ 9, has cleared 15,000 sales in just six months, an impressive milestone at a time when the global EV market is showing signs of slowing down. According to company filings released August 25, Hyundai has sold 14,391 units of the IONIQ 9 since its domestic debut in February. Of those, 4,789

Aug 25 2025
10:00 AM PDT
South Korea’s EV Exports to U.S. Collapse as Hyundai, Kia Boost Local Production

South Korea’s EV Exports to U.S. Collapse as Hyundai, Kia Boost Local Production

(Photo=Hyundai Motor Group) South Korea’s electric vehicle exports to the United States have plunged to near zero as automakers shift production to the U.S. and federal tax incentives wind down. According to data from the Korea Customs Service, just 164 EVs were shipped from South Korea to the U.S. in July, down 97.4 percent from 6,209 units a year earlier.

Aug 25 2025
09:00 AM PDT