SEOUL, Nov. 13 (Korea Bizwire) — The sale of electric vehicles in South Korea has exceeded 10,000 units this year, reflecting a growing appetite for emissions-free cars and the country’s improving charging infrastructure, industry data showed Monday. In the January-October period, the number of electric cars sold here was 10,075 units, much higher than the [...]
BEIJING, Nov. 3 (Korea Bizwire) – The Chinese government has once again omitted all electric car models equipped with South Korean-manufactured batteries from its list of vehicles eligible for subsidies. Last June, applications by Samsung SDI and LG Chemical for their products to be quality-tested were rejected by Chinese authorities. Both companies have continued to [...]
SEOUL, Oct. 23 (Korea Bizwire) – On October 22, a report published by the Institute for International Trade (IIT) operating under the Korea International Trade Association (KITA) revealed that South Korea is lagging behind other countries with regards to exports of next-generation technologies. The report examined the TSI (trade specialization index) — a figure derived [...]
SEOUL, Jun. 19 (Korea Bizwire) — Amid growing public interest and demand for more eco-friendly and energy-saving electric alternatives, the city government of Yongin is ramping up its financial support for renewable energy enthusiasts in an effort to broaden the use of electric cars in the region. According to the city government, an overwhelming number [...]
SEOUL, Sept. 1 (Korea Bizwire) – South Korea will introduce a new license plate for electric vehicles before the end of next month, the government said Thursday, in an apparent effort to further promote environmentally friendly cars. The new license plate will be picked from four designs in a public vote that will last 10 [...]
SEOUL, Feb. 24 (Korea Bizwire) – The government plans to roll out new insurance plans reserved for electric cars around September, officials said Wednesday, in a move expected to help green car users pay less for premiums. The Ministry of Trade, Industry and Energy and the Financial Services Commission (FSC) were to sign a memorandum [...]
ILSAN, South Korea, May 4 (Korea Bizwire) – An international conference on electric cars and the related technology kicked off on Monday with experts and officials of major carmakers gathering to discuss how the electric car market will be shaping up in the future, organizers said. The International Electric Vehicle Symposium (EVS), first held in 1969, [...]