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South Korean Electric Buses Regain Market Share, Challenging Chinese Dominance

South Korean Electric Buses Regain Market Share, Challenging Chinese Dominance

SEOUL, Jul. 18 (Korea Bizwire) – In a significant shift in South Korea’s electric bus market, domestically produced vehicles have captured nearly 60% of new registrations in the first half of 2024, marking a pause in the rapid expansion of Chinese electric buses in the country.  According to data released on July 17 by the Ministry [...]

Electric Bus Sales Surge in South Korea as Car Market Slows

Electric Bus Sales Surge in South Korea as Car Market Slows

SEOUL, May 1 (Korea Bizwire) – As the global electric vehicle (EV) market’s growth decelerates, South Korea’s electric passenger car sales have dipped this year. However, the domestic production and sales of electric buses have been on an upward trajectory, according to data from the Ministry of Land, Infrastructure and Transport and the Korea Automobile Manufacturers [...]

Gyeonggi Prov. to Introduce Eco-friendly Double-decker Public Buses

Gyeonggi Prov. to Introduce Eco-friendly Double-decker Public Buses

UIJEONGBU, Sept. 29 (Korea Bizwire) — Gyeonggi Province is introducing its first double-decker electric bus, offering an eco-friendly alternative to conventional internal combustion engine buses. The provincial government announced Tuesday that it will deploy three double-decker electric buses on a public bus route between Pocheon and Jamsil, Seoul, starting on October 1. The new double-decker bus, [...]

Korean Double-decker Electric Bus to Begin Operations

Korean Double-decker Electric Bus to Begin Operations

SEOUL, April 22 (Korea Bizwire) — Double-decker electric buses manufactured using South Korean technology will begin operations this month. The Ministry of Environment, the Ministry of Land, Infrastructure and Transport, and the Metropolitan Transport Commission held a ceremony on Wednesday in Incheon’s Yeonsu District to celebrate the launch of two-story electric buses that are the [...]

Chinese Electric Bus Manufacturers Set Up Shop in S. Korea

Chinese Electric Bus Manufacturers Set Up Shop in S. Korea

SEOUL, April 16 (Korea Bizwire) — Chinese electric bus manufacturers are scrambling to secure production plants in South Korea. Sources said that three South Korean companies in charge of the exclusive distribution of Chinese electric buses are working with Chinese firms to set up production facilities for electric buses. It is the first time for [...]

Hyundai Motor Develops Electric Bus Management System

Hyundai Motor Develops Electric Bus Management System

SEOUL, Sept. 16 (Korea Bizwire) — Hyundai Motor Co., South Korea’s top automaker, said Monday it has developed an electric bus remote monitoring system that provides real-time information such as vehicle locations and battery levels. The fleet management system for electric buses jointly developed with KT Corp., a major telecommunications company in South Korea, will [...]