07:34
EV Transition

EV transition slows as U.S.-China competition impacts regional markets

Major automakers showcased new electric vehicles at the New York Auto Show this week, under the slogan “electrification is the future." However, weakening demand in the United States and intense competition with China are raising questions for markets across the globe, including the South Caucasus.

07:43
U.S. Immigration Raid

South Korea to send foreign minister to U.S. after Hyundai worker detentions

South Korea Foreign Minister Cho Hyun heads to the U.S. on Monday to discuss visa reforms after 300 Korean workers were detained in a massive immigration raid at Hyundai-LG Energy Solution’s (LGES) $4.3 billion battery plant in Georgia. Authorities plan to fly the workers home later this week.

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