Automakers that made bets on hybrid cars are seeing great sales compared to the EV market which appears to have plateaued until battery technology and charging infrastructure makes significant advancements:

Exports of hybrid cars produced domestically this year are close to the highest ever, the report showed.

According to the Korea Automobile Mobility Industry Association (KAMA) on the 16th, a total of 279,165 hybrid cars were exported from January to August this year by domestic automakers such as Hyundai Motor, Kia, GM Korea, and KG Mobility. This is an increase of 32.5% from 216,629 units in the same period last year, the highest performance in the January-August period ever. If the current trend continues until the end of the year, it is expected to exceed the annual export volume of 313,071 hybrid vehicles recorded last year.

Exports of hybrid vehicles have been steadily increasing over the past five years. It reached 124,503 units in 2020 and surpassed 300,000 units for the first time last year.

Among eco-friendly cars, electric vehicles and plug-in hybrid vehicles (PHEVs) have been suffering from sluggish export performance this year, but hybrid vehicles are the only ones with good performance. Amid the prolonged phenomenon of electric vehicle catharsis (temporary slowdown in demand), its value as a substitute seems to be a significant impact. Electric vehicle exports from January to August this year were 179,203 units, down 23.2% from 233,276 units in the same period last year. PHEV exports also fell 30.6% year-on-year to 34,893 units.

Maeil Business Newspaper

You can read more at the link.

The doctor crisis appears to be crushing President Yoon’s approval rating:

President Yoon Suk Yeol’s approval rating fell to 20 percent, marking its lowest level since he took office in May 2022, a poll showed Friday.

The survey, conducted by the polling agency Gallup Korea, showed that the positive assessment of Yoon’s performance plunged 3 percentage points from the previous week, while his negative assessment reached an all-time high of 70 percent, up 3 percent from a week earlier.

Yoon’s handling of medical school quotas, the economy and lack of communication were cited as reasons for the negative assessment.

The approval ratings of the ruling People Power Party (PPP), the main opposition Democratic Party and the Rebuilding Korea Party came to 28 percent, 33 percent and 8 percent, respectively.

Yonhap

You can read more at the link, but if the Yoon administration stands firm on the medical school quota issue the current short term pain of the current doctor strike will ultimately lead to more doctors in the long term.

This is what the doctor strike in South Korea is causing, pregnant women stuck in ambulances for six hours trying to find a hospital that will take them:

It is known that the pregnant woman asked 119 for help, saying, “The amniotic fluid is leaking,” but she was treated after waiting for six hours in an ambulance without finding a hospital. Fire officials knocked on the doors of 75 hospitals but were rejected.

According to the Chungbuk and provincial fire departments on the 15th, a report came into 119 at 11:25 a.m. the previous day that “a 25-week-old pregnant woman’s amniotic fluid burst” in Cheongju.

The 119 paramedics decided that it was an emergency situation where the pregnant woman was bleeding, and began looking for hospitals to accept patients.

The fire authorities requested 75 large hospitals, starting with Chungcheongbuk-do, from Incheon to Incheon, Gyeonggi-do, Jeolla-do, Gyeongsang-do, and Jeju-do, but all refused to transfer due to “no obstetricians” and “lack of newborn hospital rooms.”

Maeil Business Newspaper

You can read more at the link, but fortunately the woman and baby end of being saved.

According to the article Red Sea shipping is down by over 50% due to the Houthi attacks. With the Houthis not attacking Chinese ships it is easy to see who else other than the Iranians are helping them:

One is the falling cost of power-projection. The Houthis aren’t a traditional military juggernaut; they don’t even fully control Yemen. Yet they have employed drones and missiles to control access to vital seas. The Houthis have had help in doing so: Iran has provided weapons and the know-how needed to manufacture them.

But the Red Sea crisis still shows how seemingly minor actors can use relatively cheap capabilities to extend their destructive reach. The second feature is strategic synergy among U.S. foes. The Houthis became more fearsome thanks to mentorship by Iran and Hezbollah. Since October 2023, they have allowed most of China’s shipping to pass without harm. The Houthis have also received encouragement — and, it seems, direct support — from a Russia that is eager to exact vengeance on Washington.

Stars & Stripes

You can read more at the link.

Expect more nuclear rhetoric from Kim Jong-un because currently North Korea is largely being buried in the international headlines due to the Ukraine War and Palestine-Isareal conflict:

North Korea offered a rare glimpse into a secretive facility to produce weapons-grade uranium as state media reported Friday that leader Kim Jong Un visited the area and called for stronger efforts to “exponentially” increase the number of his nuclear weapons.

It’s unclear if the site is at the North’s main Yongbyon nuclear complex, but it’s the North’s first disclosure of a uranium-enrichment facility since it showed one at Yongbyon to visiting American scholars in 2010. While the latest unveiling is likely an attempt to apply more pressure on the U.S. and its allies, the images North Korea’s media released of the area could provide outsiders with a valuable source of information for estimating the amount of nuclear ingredients that North Korea has produced.

Stars & Stripes

You can read more at the link.