SEOUL, Dec. 13 (Korea Bizwire) — Hyundai Motor Group said Wednesday it will dramatically beef up its pure-electric car lineup in the next eight years in line with global carmakers’ latest push to go electric. Hyundai Motor Co. and its affiliate Kia Motors Corp. are planning to increase the number of all-electric vehicles to 14 [...]
SEOUL, Sept. 22 (Korea Bizwire) — Tesla Motors Inc.’s Model S 90D is eligible to receive government subsidies in South Korea as the country has recently eased regulations involving battery charging time, the environment ministry said Friday. On Thursday, the Ministry of Environment notified the U.S. electric carmaker of its decision to include the Model [...]
SEOUL, Sept. 5 (Korea Bizwire) — Pizza chain Mr. Pizza announced on September 4 that its locations in Pyeongtaek, Bangbae, Pangyo and Changdong will begin delivering pizza using Renault Samsung’s one-seater Twizy. The electric car is one third the size of a standard sedan and is considered to be a far safer ride than the [...]
SEOUL, June 20 (Korea Bizwire) – Tesla Motors Inc. on Tuesday began the delivery of its emission-free vehicles to South Korean customers at an event held at its after sale service center in southwestern Seoul. The U.S. electric carmaker invited some 100 South Koreans composed of the buyers of the Model S 90D, their families [...]
SEOUL, May 15 (Korea Bizwire) – All-electric vehicle sales in South Korea posted a nearly nine-fold jump in the first quarter on improving infrastructure and reasonable prices, industry associations said Monday. Carmakers sold a combined 1,729 electric vehicles in the January-March period, soaring from 193 a year earlier, according to data offered by the Korea [...]
SEOUL, Apr. 10 (Korea Bizwire) — South Korea’s SK Innovation said Sunday it aims to develop a powerful electric car battery that would enable vehicles to travel 500 kilometers on a single charge by 2020. The energy and chemical business arm of SK Group said it will cope with current business trouble in China through [...]
SEOUL, March 28 (Korea Bizwire) – With more than a thousand alternative fuel vehicles sold in the last two months, the city of Daegu is continuing efforts to encourage its citizens to make use of electric cars. Of all 1,379 vehicles carmakers supplied to the southeastern city for private use, over 1,000 vehicles were sold, [...]
SEOUL, South Korea, March 22 (Korea Bizwire) – South Korean TV shopping network Lotte Home Shopping recently experienced firsthand the surge in the popularity of electric cars when it aired a special program last Friday featuring electric cars for lease. During the hour-long broadcast, the network saw more than five thousand customers call in to [...]
SEOUL, Feb. 23 (Korea Bizwire) – U.S. electric carmaker Tesla Motors has begun receiving orders for its luxury Model S electric vehicle that is expected to be officially launched in South Korea in May, market sources said Thursday. According to the sources, Tesla Korea, the local distributor of the car, recently informed local customers who [...]
SEOUL, Feb. 16 (Korea Bizwire) – U.S. electric car maker Tesla Motors is soon set to launch its vehicles in South Korea, the local government said Thursday, raising both hope and concern for the local electric vehicle market. According to the Ministry of Land, Infrastructure and Transport, the U.S. carmaker is expected to begin selling [...]