Sales of battery electric vehicles (BEVs) in South Korea surged by over 48% to 142,456 units in the first eight months of 2025, compared with 95,998 units in the same period of last year, to account for almost 13% of total vehicle sales in the country - according to data released by the Korea Automobile & Mobility Association (KAMA). BEV sales in August amounted to 23,740 units, as the market continued to rebound from a prolonged downturn, driven by the availability of new models, improved safety standard ...

Group 1 - Battery Electric Vehicles (BEVs) are disrupting Garrett Motion's (NASDAQ: GTX) legacy product portfolio of turbochargers, but this disruption is not indicative of a decline in the company's prospects [1] - The transition from Internal Combustion Engine (ICE) vehicles to BEVs presents both challenges and opportunities for Garrett Motion [1] Group 2 - The article emphasizes the importance of understanding the evolving automotive landscape and its impact on traditional automotive suppliers like Garrett Motion [1]