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Kakao Mobility to Subsidize Cost of Electric Taxis

SEOUL, March 5 (Korea Bizwire) — Kakao Mobility, the mobility business unit of Kakao Corp. is spurring efforts to promote the introduction of electric taxis. The company recently launched an ‘Electric Taxi Support Program’ for privately owned taxi drivers who want to join the company’s affiliated taxi service, Kakao T Blue. The existing members of [...]

Seoul to Offer Subsidies for 700 Electric Cabs

SEOUL, April 10 (Korea Bizwire) — The Seoul Metropolitan Government announced Thursday that it will disburse subsidies for the purchase of 700 electric-powered cabs this year. Subsidies for purchasing electric taxis are set at a maximum of 18.2 million won (US$14,900), which is higher than the 12.7 million won offered to those buying electric cars [...]