SEOUL, Sept. 15 (Korea Bizwire) — South Korea is speeding up its efforts to expand charging infrastructure for electric vehicles (EVs), as global carmakers’ unveiled road maps for electrification at this year’s Frankfurt Motor Show, industry watchers said Friday. The government is planning to increase the number of fast-charging stations to 3,000 across the country [...]
SEOUL, Sept. 7 (Korea Bizwire) — LG Group, which has been aggressively expanding its presence in the vehicle components sector, made clear it is not moving to build electric vehicles (EVs), industry sources said Thursday. “We are not even considering manufacturing a complete vehicle,” an LG Group official stressed. Industry watchers have been speculating that [...]
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, [...]
SEOUL, Jun. 28 (Korea Bizwire) — A range of ultra-small electric vehicles (EVs) are poised to hit the South Korean market amid growing consumer interest in eco-friendly cars that can be bought cheap with state subsidies, industry sources said Wednesday. Renault Samsung Motors Corp., the South Korean unit of French carmaker Renault S.A., and local [...]
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 [...]
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 [...]
SEOUL, May 15 (Korea Bizwire) — Sales of plug-in hybrid electric vehicles (PHEVs) have yet to pick up in South Korea, mostly due to high prices and lack of consumer recognition, industry officials said Sunday. Hyundai Motor sold 37 units of its Ioniq plug-ins in April, the best monthly sales since the model’s launch in [...]
SEOUL, May 2 (Korea Bizwire) – Kia Motors Corp. on Tuesday launched the latest version of the Soul electric vehicle (EV) with an extended range, a move aimed at adding more fuel-efficient models to its lineup. The 2018 Soul EV can travel an average of 180 kilometers on a single charge using its 30-kilowatt-per-hour battery, [...]
SEOUL, Apr. 5 (Korea Bizwire) — A group of South Korean scientists have developed a new lithium-oxygen battery that can be charged faster and last longer, the science ministry said Tuesday, in what could bring about meaningful changes for electric vehicles (EV). The team led by Kim Dong-wan of Korea University discovered that oxygen vacancies [...]
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 [...]