
Former Billionaire Drops Out Of Ranks Of Korea’s 50 Richest As Slowing EV Demand Roils Korean Battery Maker Kumyang
Ryu Kwang-ji. Kumyang This story is part of Forbes’ coverage of Korea’s Richest 2025. See the full list here. EV-linked stocks have lost their sizzle amid slowing sales of EVs in Korea, down 10% in 2024. Among those badly hit: Kosdaq-listed chemicals …