Eco-friendly Cars Archives | Be Korea-savvy
Eco-friendly Cars Take Up 71 pct of New Public Vehicles in 2020

Eco-friendly Cars Take Up 71 pct of New Public Vehicles in 2020

SEOUL, May 11 (Korea Bizwire) — South Korea said Tuesday eco-friendly cars, including electric models, accounted for 71 percent of the total vehicles purchased by public organizations last year, as the country continued its efforts to go carbon neutral by 2050. The country’s 609 public organizations purchased 7,736 automobiles in 2020, of which 5,494 were [...]

Public Agencies Required to Purchase Only Green Cars

Public Agencies Required to Purchase Only Green Cars

SEOUL, April 27 (Korea Bizwire) — Public organizations will have to choose only eco-friendly cars when purchasing new automobiles, in line with the country’s green energy drive, the industry ministry said Tuesday. “In order to speed up the transition, it is necessary to create new demands,” the Ministry of Trade, Industry and Energy said in [...]

S. Korea Aims to Boost Exports of Eco-friendly Cars

S. Korea Aims to Boost Exports of Eco-friendly Cars

SEOUL, Feb. 23 (Korea Bizwire) — South Korea on Tuesday finalized a five-year plan for the eco-friendly auto industry, which includes expanding exports of such automobiles by threefold by 2025. The country’s exports of eco-friendly cars, which includes electric and hydrogen fuel cell models, will reach 830,000 units in 2025, significantly rising from 280,000 units [...]

S. Korea to Increase Number of Eco-friendly Cars to 7.85 mln by 2030

S. Korea to Increase Number of Eco-friendly Cars to 7.85 mln by 2030

SEOUL, Feb. 18 (Korea Bizwire) — South Korea said Thursday the accumulated number of eco-friendly cars running in the country will reach 7.85 million by 2030, in line with its vision to go fully carbon-neutral by 2050. The target will mark a sharp rise from 820,000 units tallied in the previous year, according to the [...]

S. Korea to Invest 28 bln Won in R&D Projects for Eco Cars

S. Korea to Invest 28 bln Won in R&D Projects for Eco Cars

SEOUL, Jan. 26 (Korea Bizwire) — South Korea said Tuesday it will invest nearly 28 billion won (US$25.3 million) in research and development (R&D) projects for eco-friendly automobiles and self-driving technologies in line with the country’s green energy drive. The country plans to allocate 13.4 billion won for research projects for electric vehicles and hydrogen [...]

S. Korea to Expand Subsidies for Eco-friendly Cars

S. Korea to Expand Subsidies for Eco-friendly Cars

SEOUL, Jan. 21 (Korea Bizwire) — South Korea said Thursday it plans to expand subsidies provided for electric vehicles and hydrogen fuel-cell automobiles this year in line with the country’s green energy drive. Under the plan, South Korea will allocate 1 trillion won (US$930 billion) to promote sales of electric cars, which marks a 25 [...]

Sales of Eco-friendly Cars Jump 54 pct in 2020

Sales of Eco-friendly Cars Jump 54 pct in 2020

SEOUL, Jan. 12 (Korea Bizwire) — South Korea’s environment-friendly vehicle sales jumped 54 percent to exceed 200,000 units in 2020 from a year earlier on subsidies and an improvement of charging infrastructure, industry data showed Tuesday. Carmakers sold a total of 213,264 eco-friendly models last year, up from 138,957 units the previous year, according to [...]