South Korea’s Electric Vehicle Fleet Surpasses 800,000 as Green Transition Accelerates SEOUL, Oct. 9 (Korea Bizwire) — South Korea’s shift toward eco-friendly mobility is gathering pace, with the country’s electric vehicle (EV) registrations surpassing 820,000 as of August, government data showed Thursday. According to the Ministry of Land, Infrastructure and Transport, a total of 822,081 electric [...]
SEOUL, Oct. 1 (Korea Bizwire) — Online shopping in South Korea surged to its highest level for any August on record, fueled by booming Tesla sales and growing appetite for food services, government data showed Wednesday. Total online transactions reached 22.48 trillion won (US$15.56 billion) in August, up 6.6 percent, or 1.39 trillion won, from [...]
SEOUL, Oct. 1 (Korea Bizwire) – Hyundai Motor Co. said Wednesday it has begun sales of the Ioniq 6 N, its first high-performance electric vehicle (EV) sedan and the second electrified model under the company’s N brand. The Ioniq 6 N is equipped with front and rear motors that deliver a combined maximum output of [...]
SEOUL, Sept. 29 (Korea Bizwire) — Kia Corp., South Korea’s second-largest carmaker, said Monday it will test its purpose-built vehicle (PBV), the PV5, in Riyadh for potential adoption in a local resort town. Kia has partnered with Red Sea Global (RSG), one of the developers of Saudi Arabia’s Vision 2030 Giga Project, which aims to [...]
SEOUL, Sept. 29 (Korea Bizwire) — Hyundai Motor Group’s dedicated electric vehicle platform has once again won recognition in the United States, with its power system named among WardsAuto’s “10 Best Engines & Propulsion Systems” for 2025. The automaker said Sunday that the all-electric Ioniq 9 earned a spot on the prestigious list, marking the [...]
SEOUL, Sept. 25 (Korea Bizwire) — Hyundai Motor Co. said Thursday its Ioniq 9 electric sport utility vehicle (SUV) has received the highest safety rating of five stars from the European New Car Assessment Programme (Euro NCAP). The Ioniq 9 earned praise for maintaining a stable passenger compartment in crash tests and for its advanced [...]
SEOUL, Sept. 23 (Korea Bizwire) — Hyundai Motor is making inroads into Europe’s most competitive markets, including France, Germany and the United Kingdom, where local and German brands have long dominated. The push is fueled by the popularity of its affordable Inster electric vehicle — sold in Korea as the Casper EV — and steady demand [...]
SEOUL, Sept. 18 (Korea Bizwire) — Thirty years ago, Hyundai Motor Co. was still shedding its image as a latecomer, eager to catch up with established automakers in the United States, Europe and Japan. Today, South Korea’s largest carmaker is aiming to leap ahead, announcing its most ambitious growth strategy yet: a 77.3 trillion won [...]
SEOUL, Sept. 12 (Korea Bizwire) — South Korea’s consumer dispute panel has ruled that Volkswagen Group Korea must provide free inspections and replacements for defective air-conditioning systems in certain Audi Q4 e-tron 40 models, citing structural flaws that caused repeated failures. The Korea Consumer Agency’s dispute settlement committee said on Thursday that its review found the [...]
MUNICH, Sept. 9 (Korea Bizwire) — Hyundai Motor unveiled its first small electric vehicle concept on Tuesday at Europe’s largest mobility fair, underscoring the South Korean automaker’s push to expand its EV lineup into the compact segment, where demand is strongest in Europe. The concept car, dubbed “Concept THREE,” was introduced at the IAA Mobility 2025 [...]