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S. Korea to Increase Number of Highway EV Chargers to Over 1,000

S. Korea to Increase Number of Highway EV Chargers to Over 1,000

SEOUL, Dec. 5 (Korea Bizwire) – South Korea will increase the number of electric vehicle chargers at highway service areas nationwide to over 1,000 by the end of 2022, the transport ministry said Sunday. Currently, there are 435 EV chargers at the country’s highway rest stops. The government plans to increase the number to 730 [...]

Electric Vehicle Market Analysis 2021 – 2028 – Growth Market Reports

Electric Vehicle Market Analysis 2021 – 2028 – Growth Market Reports

PUNE, India, Nov. 24 (Korea Bizwire) – Growth Market Reports, a leading market research company, has published a new study on the Electric Vehicle Market by Vehicle Types (Passenger Cars, Commercial Vehicles, and Two Wheelers), Vehicle Class (Mid-Priced and Luxury), Types (Battery Electric Vehicles [BEV], Hybrid Electric Vehicles [HEV], and Plug-In Hybrid Electric Vehicles [PHEV]), and Regions (Asia Pacific, North [...]

S. Korea Accounts for One-third of Global EV Battery Market in Jan.-Aug. Period

S. Korea Accounts for One-third of Global EV Battery Market in Jan.-Aug. Period

SEOUL, Sept. 29 (Korea Bizwire) — Three South Korean electric vehicle (EV) battery makers accounted for about a third of the global market in the first eight months of the year, but they are facing toughening competition with Chinese rivals, a market research firm said Thursday. The trio — LG Energy Solution Ltd., Samsung SDI [...]

Foreign EV Brands See Sales Boost as Tesla Struggles

Foreign EV Brands See Sales Boost as Tesla Struggles

SEOUL, May 24 (Korea Bizwire) — With U.S. electric vehicle (EV) maker Tesla Inc.’s sales in South Korea dwindling, Mercedes-Benz, Porsche and other foreign carmakers are surging amidst growing competitiveness in the market for EVs. The Korea Automobile Importers and Distributors Association and Carisyou Data Lab reported a 2 percent increase in EV imports, reaching [...]

KEPCO Teams Up with Kakao Mobility to Launch New EV Charging Service

KEPCO Teams Up with Kakao Mobility to Launch New EV Charging Service

SEOUL, May 18 (Korea Bizwire) — State-run utility Korea Electric Power Corp. (KEPCO) has teamed up with Kakao Mobility Corp., the country’s top taxi-hailing company, to provide a new electric vehicle (EV) charging service. The two parties recently signed a memorandum of understanding (MOU) to promote cooperation for the service development needed for the establishment [...]