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Mobility

U.S. Senate panel moves to bar Chinese EV sales; Tesla shifts from EVs to robots

The U.S. Senate Commerce Committee plans a vote on a bipartisan bill that would effectively ban Chinese automakers from selling passenger EVs in the United States and further restrict entry into the small-car market. Tesla is removing the Model S and Model X assembly line at its Fremont plant and converting the space for humanoid robot Optimus production. Tesla will shift its supervised FSD option in South Korea from a lump-sum payment to a monthly subscription from Aug. 10.

Finance

KB Kookmin Bank offers VAT filing support service for sole proprietors

KB Kookmin Bank is launching a service to help sole proprietors check their estimated value-added tax and complete self-filing during the VAT reporting period. The service was created through a partnership with tax platform Easy Shop. Users of the KB Star Corporate Banking app can review estimated tax, automatically organise required filing materials and proceed to Hometax filing. The bank is also running an event through July 24 with CU mobile vouchers for participants.

Mobility

Tesla FSD switches to subscription from Aug. 10; one-off 9.04 million won to 150,000 won a month

Tesla Korea will change how it sells its supervised Full Self-Driving (FSD) option from a one-off payment to a monthly subscription from Aug. 10. The current one-time price of 9,043,000 won including VAT will be replaced by a 150,000 won-a-month plan, applied to all models. Enhanced Autopilot will no longer be available for new purchase on U.S.-built vehicles after Aug. 10, while China-built vehicles will keep the option at 4,522,000 won including VAT.