RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions 
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 
Locked up then locked out: how NZ’s bank rules make life for ex-prisoners even harder 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
6 simple questions to tell if a ‘finfluencer’ is more flash than cash 
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
The pandemic is still disrupting young people’s careers 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Columbia Student Mahmoud Khalil Fights Arrest as Deportation Case Moves to New Jersey 
Why a ‘rip-off’ degree might be worth the money after all – research study 
Debate over H-1B visas shines spotlight on US tech worker shortages 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
KG Mobility Corp. introduced its electric SUV, Torres EVX, boasting a powerful 207 horsepower motor, 433 km single-charge range, and innovative tech collaborations, poised to redefine the electric SUV market landscape.
The Torres model initially hit the market last July as a gasoline-powered version and quickly gained popularity, becoming a best-seller with over 50,000 units sold in just over a year. This remarkable achievement set a new record for the company regarding rapid sales.
Equipped with a powerful front-wheel-drive motor, the Torres EVX boasts a maximum output of 207 horsepower and 34.6 kgf·m of torque. It represents a remarkable increase of approximately 21% and 22%, respectively, compared to its internal combustion engine predecessor.
Drivers can choose from four driving modes, Comfort, Sports, Eco, and Winter, to personalize their driving experience. Additionally, the vehicle features a three-stage regenerative braking system that helps recharge the battery during deceleration. Designed for city commuting and outdoor adventures, the spacious 839L cargo area and 175mm minimum ground clearance make the Torres EVX versatile and practical.
The SUV is powered by a 73.4 kWh lithium iron phosphate (LFP) blade battery, delivering an impressive single-charge range of up to 433 km. LFP batteries are known for their lower manufacturing costs and superior stability to traditional nickel-cobalt-manganese (NCM) batteries.
In an exceptional strategic collaboration, KG Mobility joined forces with EV battery producer BYD during the development of the Torres EVX. This partnership enhanced the battery management system (BMS) and integrated BYD's cutting-edge 'blade battery' technology, increasing energy density by 20% while enhancing durability against external impacts.
The Torres EVX also incorporates KG Mobility's proprietary intelligent adaptive cruise control (IACC) technology. Additionally, it features a 12.3-inch large-screen cluster connected to a 12.3-inch infotainment and navigation system, offering drivers a panoramic display and a seamless driving experience.
With these groundbreaking features, the Torres EVX promises to redefine the electric SUV market, ushering in a new era of sustainable and high-performance vehicles.
Photo: KG Mobility Newsroom
