Energy & Green Archives | Be Korea-savvy

Archive by category Energy & Green

Eco-friendly Cars Make Up Over 3 pct of Total Vehicles Registered in S. Korea

Eco-friendly Cars Make Up Over 3 pct of Total Vehicles Registered in S. Korea

SEOUL, Nov. 22 (Korea Bizwire) — Environmentally friendly cars, such as electric vehicles (EVs) and hydrogen-powered cars, make up more than 3 percent of the total vehicles registered in South Korea, a report from the country’s transport ministry showed Sunday. There were 766,464 green vehicles registered in South Korea as of end-October, accounting for 3.16 [...]

Korean Battery Manufacturers Under Fire as Carmakers Recall EVs

Korean Battery Manufacturers Under Fire as Carmakers Recall EVs

SEOUL, Nov. 16 (Korea Bizwire) — South Korean battery makers are struggling as global automobile manufacturers are choosing to issue recalls for their electric vehicles (EVs). The U.S. automotive giant General Motors Co. reportedly made a decision to recall 68,000 Bolt EVs manufactured between 2017 and 2019. Bolt EV uses batteries made at LG Chem [...]

S. Korean Batteries, Solar Panels Rally After Biden Victory

S. Korean Batteries, Solar Panels Rally After Biden Victory

SEOUL, Nov. 9 (Korea Bizwire) — Shares of South Korean battery makers and renewable energy suppliers got a fresh boost Monday as investors bet on Joe Biden’s win in the U.S. presidential election with clean energy pledges. Biden’s green energy plan includes significant investments in charging infrastructure for electric vehicles (EVs) and updating government vehicle [...]