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Toll Fees for EVs, Hydrogen Cars to Halve from Sept.

Toll Fees for EVs, Hydrogen Cars to Halve from Sept.

SEOUL, Jul. 11 (Korea Bizwire) — The highway toll charges for electric and hydrogen fuel-cell vehicles will halve from September, the transport ministry said Tuesday. The government plans to temporarily operate the discount program for environment-friendly vehicles by 2020, the Ministry of Land, Infrastructure and Transportation said in a statement. Depending on the operation results, [...]

KEPCO to Launch Some 1,500 EV Charging Stations Across the Country

KEPCO to Launch Some 1,500 EV Charging Stations Across the Country

SEOUL, June 27 (Korea Bizwire) — State-run electricity provider Korea Electric Power Corp. said Tuesday that it will run some 1,500 charging stations for electric vehicles (EVs) across the country starting on July 3. The 1,560 charging stations will be available at KEPCO’s operations center, public parking lots and some apartment complexes, it added. The [...]

Electric Vehicle Market on the Rise in South Korea

Electric Vehicle Market on the Rise in South Korea

SEOUL, Jun. 15 (Korea Bizwire) — Sales of electric cars in South Korea have grown sevenfold in the past year, as growing public interest is seeing more consumers trade in their gas-guzzlers to instead opt for more eco-friendly and energy-saving alternatives. According to data from the Ministry of Land, Infrastructure and Transport and the Korea Automobile [...]

Mahindra, SsangYong to Jointly Develop EVs to Enter U.S., China

Mahindra, SsangYong to Jointly Develop EVs to Enter U.S., China

ILSAN, Mar. 31 (Korea Bizwire) — India’s Mahindra Group and its South Korean unit SsangYong Motor Co. will jointly develop an electric vehicle (EV) using the same platform that can target large emerging green car markets in the coming years, the automotive conglomerate’s chief said Thursday. The companies are aiming to develop high-end EVs by [...]

Samsung SDI to Supply Batteries for New VW e-Golf: Source

Samsung SDI to Supply Batteries for New VW e-Golf: Source

SEOUL, Mar. 30 (Korea Bizwire) — South Korea’s Samsung SDI Co. will supply its electric-vehicle batteries to Volkswagen’s new 2017 e-Golf, an industry source said Wednesday. “The new e-Golf equipped with a Samsung battery will go on sale in global markets this spring,” the source told Yonhap News Agency. Samsung SDI and LG Chem Ltd. [...]

S. Korean Firm Shuts Down Battery Plant in China: Source

S. Korean Firm Shuts Down Battery Plant in China: Source

SEOUL, Mar. 30 (Korea Bizwire) — South Korea’s SK Innovation Co. halted operation of its battery packing plant in China in January as its business suffered in the face of Beijing’s move to stop a subsidy to electric vehicle makers that use parts from non-Chinese manufacturers, sources said Wednesday. Orders for the joint venture between [...]