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Mobility

Tesla drops Cybertruck launch plans in Australia and New Zealand, refunds all deposits after 7 years

Tesla has officially withdrawn plans to launch its Cybertruck electric pickup in Australia and New Zealand, cancelling all existing reservations. The company emailed customers to inform them their orders were cancelled because production plans for those markets were halted, and said deposits would be fully refunded within 30 days. Reservations in Australia had been available since November 2019 with a A$150 deposit. The move comes after Tesla reported its 2026 third-quarter results.

Finance

KakaoPay introduces QR ordering and payments at Gimcheon Gimbap Festival

KakaoPay will provide QR-based ordering and payment services at the 2026 Gimcheon Gimbap Festival starting on Oct. 23. Visitors will be able to buy gimbap on their smartphones without waiting at food booths and receive pickup guidance via KakaoTalk after paying. The company will run discounts and promotions based on payment activity, including instant discounts and convenience store coupons. An on-site verification event will also be held.

Mobility

GM aims to cut vehicle development time to 2 years, unveils central computer and AI strategy

General Motors plans to use artificial intelligence to cut vehicle development time from 4 to 5 years to 2 years and overhaul batteries, vehicle electronics and autonomous driving technology. At a New York event, it unveiled an EV, AI and self-driving strategy aimed at responding to competition from Chinese automakers. GM plans to adopt a central computing software platform, introduce LMR batteries, and roll out a centralized vehicle computing unit starting in 2028.