2024 Marks Historic High for Korean NEV Sales: Five Top Carmakers Report 11.1% Increase to 450,000 Units

January 6, 2025 – According to sales figures released today by the top five Korean automakers (Hyundai, Kia, GM Korea, Renault Korea, and KGM), new energy vehicle (NEV) sales in Korea reached a record high of 450,000 units last year, representing a year-on-year growth of 11.1%. NEVs include hybrid electric vehicles (HEVs), battery electric vehicles…

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Energizing America: Unleashing Billions to Propel Electric Vehicle Growth

**November 20, 2023 – Powering America’s Electric Vehicle Revolution** In a strategic move to catalyze the domestic electric vehicle (EV) industry, the United States has witnessed an infusion of billions of dollars through two groundbreaking legislations: the “2022 Inflation Reduction Act (IRA)” and the “Bipartisan Infrastructure Law.” This financial boost aims to stimulate localized battery…

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Huawei and du Launch Middle East’s First Indoor 5G-A Network, Achieving 5.1 Gb/s Speed”

September 23, 2024 – Huawei, in partnership with UAE-based operator du, has recently accomplished a notable feat in the Middle East region. Utilizing the LampSite X digital solution, they have successfully deployed the area’s first indoor network based on Three-Component Carrier (3CC) technology. This network stands out with a peak speed of 5.1 Gb/s, marking…

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