SEOUL, Nov. 17 (Korea Bizwire) – Electric vehicles (EVs) are expected to get wider distribution through rental and car sharing services, bolstered by a government-industry agreement, auto business officials said Thursday. The Environment Ministry and car rental companies struck a pact Wednesday to promote the use of eco-friendly vehicles. The rental firms will provide contracts [...]
SEOUL, Sept. 9 (Korea Bizwire) – Kia’s latest autonomous EV made a surprise appearance at a KBO baseball match between the Kia Tigers and NC Dinos on Thursday. The Kia Soul EV drove into stadium from the left gate by the outfield with Korean actress and singer Lee Hae-in, who threw the ceremonial first pitch, [...]
SEOUL, Aug. 4 (Korea Bizwire) – A research team from Dongguk University’s Department of Energy and Materials Engineering revealed Wednesday that it has developed a technology that can extend the lifespan of silicon-based cathode material from current few dozen cycles to as many as 500. What is significant is that the newly-developed material is considered [...]
ULSAN, June 2 (Korea Bizwire) – The Ulsan National Institute of Science and Technology (UNIST) revealed its ‘Smart Urban Vehicle Project’ Thursday, part of efforts to develop an electric vehicle (EV) better suited for urban environments. The project, in coordination with Power Plaza – an EV manufacturer, aims to create a smaller and a lighter [...]
SEOUL, April 11 (Korea Bizwire) – South Korea’s ICT ministry said Monday it will bolster the local electric-car industry by applying nano-technology, in line with its efforts to find new sources of growth amid the prolonged economic slump. Under the plan, the Ministry of Science, ICT, and Future Planning said it aims to develop an electric [...]
SEOUL, March 21 (Korea Bizwire) – Consumers are taking an increasing interest in electric vehicles after the International Electric Vehicle Expo (IEVE) was recently held on Jeju Island. While more Koreans are looking into purchasing an electric vehicle, the amount of financial support provided by local governments differs greatly, making the purchasing process somewhat unfair. [...]
GWANGJU, March 14 (Korea Bizwire) – Attention is being drawn towards the city of Gwangju with news that a Chinese automaker plans to establish a large electric car factory in the area. According to Gwangju city officials, the Korean office of China’s Joylong Automobile will sign an MOU with the local government to build an electric [...]
CHANGWON, Dec.28 (Korea Bizwire) – Although the electric car is gathering popularity as an eco-friendly transportation means, many people have a common misunderstanding that the mileage will be shorter than that of normal cars. Changwon city, Gyeongnam province, which is the ‘Leading City of Electric Cars’ designated by the Ministry of Environment, made an attempt [...]
SEOGUIPO, Mar. 6 (Korea Bizwire) — The second International Electric Vehicle Expo (IEVE) kicked off Friday on Jeju Island for a 10-day run, attracting automakers and experts from around the world. “We will see to it that this year will mark the start of the commercialization of electric cars on Jeju Island… and by the [...]
“By 2016, Hyundai Motor will launch the Avante electric car and a hybrid model. Kia Motors will also unveil a K3 electric car by almost the same time.” “To become one of top-3 global brands, Korean automotive industry needs to step up its efforts to boost the domestic demand for the environmentally-friendly vehicles – as well as [...]