Cisco Forecasts Strong Fiscal 2027 Growth as AI Networking Demand Surges 
Asian Currencies Steady Ahead of US CPI as Oil Prices Rise 
Pandora Shares Rise as Q2 Results Beat Forecasts, 2026 Outlook Raised 
Stripe, Advent Reportedly Pursue $53 Billion PayPal Takeover 
Wall Street Hits Record High as Softer Inflation Data Eases Fed Rate Hike Fears 
European Stocks Steady as U.S.-Iran War, Euro Zone Data Keep Investors Cautious 
European Stocks Rise as U.S. Inflation Data Eases Fed Rate Hike Fears 
S&P 500 Hits Record High as Soft Inflation Data Eases Fed Rate Hike Fears 
Goldman Sachs Eyes Investors for Nvidia’s $500 Billion AI Financing Plan 
Thyssenkrupp Raises 2026 Profit Outlook as Steel and Materials Units Strengthen 
UK Economy Posts Surprise June Growth as World Cup and Hot Weather Lift Activity 
Asian Currencies Edge Higher as Soft US Inflation Weighs on Dollar 
Canada-US Trade Talks Gain Momentum Ahead of Aug. 19 Tariff Deadline 
KOSPI Rebounds 20% as Samsung, SK Hynix Lead South Korea Stock Rally 
Gold Prices Rise as Weak US Retail Sales Cut Fed Rate Hike Bets 
China Automakers Accelerate Global Expansion as Domestic Car Sales Slump 
Aviva First-Half Operating Profit Jumps 24% as Direct Line Deal Boosts Growth 
Add as a preferred source on Google
Hankook Tire and Technology, the Seoul, South Korea-based company that is also the seventh-largest tire company in the world, has launched its new tire brand for electric vehicles.
Hankook Tire's EV tire brand is the first in the world to offer a full lineup of tire products tires made especially for electric vehicles. While the company has already announced about its new unit, the products will be officially released in May. The Korean tire maker will be unveiling its iON tire brand in the European market first, then in August, the company will then debut the EV tire brand in South Korea.
As per The Korea Herald, Hankook's iON EV tire brand will be established with six products that are ready for sale. The sizes are from 18 to 22 inches, and these are designed for summer, winter, and all-season. The lineup is available for both sports utility vehicles and passenger cars.
The company said that its iON EV tires are specially made for high-performance, premium EV units. The Hankook Ventus iON A tire is the brand's all-season edition for the market in North America.
Hankook promised that its electric vehicle tires that will be arriving later are high-end options that offer minimal tire noise and increased driving range due to the highest performance in rolling resistance. With so many new EVs being introduced these days, the need for tires that are made for these types of vehicles is truly needed. Thus, Hankook really comes with the said tire products at the right time.
"With the introduction of this new iON tire family, our company is increasingly considering the rapidly growing demand for electric vehicles and the associated need for suitable tires, also in terms of the need for replacements," Lee Soo Il Lee, Hankook Tire and Technology chief executive officer, said in a press release. "With an improved range per battery charge, this new generation of tires will help to further optimize the efficiency of electric vehicles in everyday use."
Finally, Hankook Tire's new iON EV tire brand lineup meets the demanding requirements for EVs. It is expected that the tires to become popular soon among EV carmakers. The brand is already a very well-known name in the Formula One space.
