Southeast Asia’s ride-hailing giant Grab and the Repubic of Korea’s Hyundai Motor Co., launched GrabCar Electric in Indonesia to support the government’ electric vehicles (EVs) development initiative.
Car maker Hyundai Motor Co. of the Republic of Korea (RoK) will set up a joint venture with Vietnam’s Thanh Cong group to boost sales in the emerging market, according to Yonhap news agency.
Carmakers of the Republic of Korea (RoK) posted lackluster profitability over the first half of 2017, falling far behind major overseas rivals, the Yonhap news agency reported.
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