Chinese EVs push into Europe; Tesla ends Cybertruck

· Politics · China · South Korea

Chinese electric-vehicle makers Seres and Li Auto are joining the charge into Europe, adding to a wave of Chinese brands expanding abroad. In South Korea, Kia said it will invest 3 trillion won ($2.21 billion) through 2029 in a new EV production facility at its AutoLand Gwangju plant, part of Hyundai Motor Group's broader investment commitment. Tesla CEO Elon Musk said the company will wind down Cybertruck production in Texas next year to make room for its self-driving Cybercab, ending a polarising effort that never reached mass-market sales. Separately, China's Chery will recall 53,882 Tiggo 5x and Omoda vehicles over a rear-axle welding defect.

Why it matters：The moves show the global EV market reordering: Chinese brands expand abroad, Korean makers invest heavily, and Tesla shifts from a troubled model to autonomy.

Key points

  • Kia's Gwangju investment totals 3 trillion won through 2029.
  • Tesla will end Cybertruck output in Texas next year.
  • Chery will recall 53,882 vehicles over a rear-axle defect.

Sources (original reporting)

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