Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case 
OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO 
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges 
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift 
Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance 
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement 
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals 
Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast 
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook 
Standard Chartered Q1 Profit Hits Record on Wealth and Investment Banking Growth 
DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window 
Spirit Airlines Gains Key Creditor Support for $500M Bailout Deal 
SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback 
DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips 
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
Hyundai Motor Co. unveiled the midsize crossover utility vehicle IONIQ 5, its first model embedded with its EV-only electric-global modular platform (E-GMP),
The IONIQ 5 will be launched in Europe next month, domestically in the second quarter, and other markets later this year.
According to Hyundai Motor President and CEO Chang Jae-hoon, the company will begin producing the IONIQ 5 in its Ulsan plant next month. He added that they aim to sell 70,000 units globally this year, including 26,500 units in South Korea, and 100,000 units next year.
The IONIQ 5 is priced at 50 million to 55 million won but can be purchased for around 40 million with government subsidies.
The E-GMP has a flat battery and long wheelbase that allows for a more spacious and customizable interior.
The IONIQ 5's long-range model is equipped with a 72.6 kilowatt-hour (kWh) battery that can travel up to 430 kilometers on a single charge. It can be charged by 80 percent of its capacity within 18 minutes.
It is also available in the standard model with a 58 kWh battery.
The car's user-friendly functions include a gear selector located behind the steering wheel, the sliding center console, and the vehicle-to-load (V2L) function which allows the charging of electric devices such as coffee machines.
It also has advanced safety features, such as the safe exit assist and rear cross-traffic collision-avoidance assist systems, lane-keeping assist, and blindspot collision avoidance.
Hyundai will begin receiving pre-orders for the IONIQ 5 in South Korea from Thursday.
