Eco-friendly Vehicles Archives | Be Korea-savvy
30 pct of Eco-friendly Vehicles are Second Cars: Lawmaker

30 pct of Eco-friendly Vehicles are Second Cars: Lawmaker

SEJONG, Oct. 4 (Korea Bizwire) — The government offers subsidies when citizens decide to buy eco-friendly vehicles. However, 3 out of every 10 government-supported vehicles are second cars. In an annual parliamentary audit conducted by the Ministry of Environment Wednesday, Rep. Jeon Hyun-hee of the ruling Democratic Party said that the public tends to have [...]

High Demand for Eco-Friendly Vehicles in Used Car Market

High Demand for Eco-Friendly Vehicles in Used Car Market

SEOUL, July 5 (Korea Bizwire) – The sale of environment friendly vehicles is on the rise in South Korea’s used car markets as the government moves to reduce fine dust-emitting diesel vehicles, a local website said Wednesday. Pre-owned car sales data offered by SKencarsales.com back up the trend. It said SK encar.com, a certified Korean [...]

Auto Production Rises on Strong Demand for Eco-Friendly, Luxury Cars Abroad: Data

Auto Production Rises on Strong Demand for Eco-Friendly, Luxury Cars Abroad: Data

SEOUL, March 15 (Korea Bizwire) – South Korea’s automobile production surged in February amid strong demand for eco-friendly and luxury vehicles both at home and abroad, government data showed Wednesday.  Automobile output rose 9.8 percent to 336,032 units last month from a year earlier, according to statistics released by the Ministry of Trade, Industry and [...]

Korea Sets New Milestone in EV Sales

Korea Sets New Milestone in EV Sales

SEOUL, Jan. 18 (Korea Bizwire) – The total number of EVs registered by the government surpassed 10,000 in 2016, setting a new milestone and taking another step forward towards a greener automotive industry.  According to the Ministry of Land, Infrastructure and Transport, there were 10,855 electric vehicles officially registered as of the end of last [...]