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China’s BYD Enters South Korean EV Market with Premium Electric Truck T4K

China’s BYD Enters South Korean EV Market with Premium Electric Truck T4K

SEOUL, April 6 (Korea Bizwire) — China’s largest electric vehicle manufacturer, BYD, has introduced its T4K electric small truck to the South Korean market through its official importer, GS Global. At a showcase event in Seoul on Thursday, BYD’s 1-ton electric truck was unveiled, and it was announced that sales would commence. Surprisingly, BYD set [...]

Iveco, FPT Industrial and NIKOLA Launch Their Partnership to Achive Zero-Emissions Transport

Iveco, FPT Industrial and NIKOLA Launch Their Partnership to Achive Zero-Emissions Transport

London, Dec. 3 (Korea Bizwire) - IVECO and FPT Industrial, brands of CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) and NIKOLA today presented the scope and plans of their joint venture and collaboration agreement established to accelerate industry transformation towards emission neutrality of Class 8 heavy-duty trucks in North America and Europe through the adoption [...]

Samsung SDI, Volvo Join Hands to Develop Battery Packs for Electric Trucks

Samsung SDI, Volvo Join Hands to Develop Battery Packs for Electric Trucks

SEOUL, Jul. 18 (Korea Bizwire) — Samsung SDI Co, a major electric vehicle battery maker, will join hands with Volvo Group to develop battery packs for electric trucks, the company said Thursday. In a strategic alliance with Sweden-based Volvo Group, one of the world’s largest manufacturers of commercial vehicles, Samsung SDI will provide battery cells [...]

S. Korea to Develop 1-ton Electric Truck by 2019

S. Korea to Develop 1-ton Electric Truck by 2019

SEOUL, Dec. 19 (Korea Bizwire) — South Korea will develop a small electricity powered truck by 2019 and make efforts to improve the country’s charging infrastructure, the commerce ministry said Tuesday. The Ministry of Trade, Industry and Energy said it will team up with small and medium-sized parts companies to develop a 1-ton capacity electric [...]