SEOUL, Sept. 1 (Korea Bizwire) – Tesla, the world’s leading EV manufacturer, has confirmed that its first dealership in Korea will be located at Starfield Hanam, a Shinsegae-Taubman shopping complex that will be the largest of its kind on the peninsula. Shinsegae said the upcoming mall, which is scheduled to open on September 9, will [...]
SEOUL, Sept. 1 (Korea Bizwire) – South Korea will introduce a new license plate for electric vehicles before the end of next month, the government said Thursday, in an apparent effort to further promote environmentally friendly cars. The new license plate will be picked from four designs in a public vote that will last 10 [...]
SEJONG, Aug. 25 (Korea Bizwire) – The South Korea government is making progress in its push to encourage the use of eco-friendly vehicles. Starting Friday, dozens of apartment building parking lots across Korea will offer EV charging using electrical outlets. The Ministry of Environment, in collaboration with KT and Power Cube, installed a total of [...]
HONGSEONG, South Korea, Aug. 16 (Korea Bizwire) – South Chungcheong Province has been designated as a next generation production hub for FCEV (fuel cell electric vehicle) parts, after passing a government feasibility assessment of the region. According to provincial officials, the new facilities will provide an important cornerstone for the automobile industry of the future, [...]
SEOUL, Aug. 4 (Korea Bizwire) – Tesla Motors Inc., a U.S. electric vehicle producer, is set to open its first dealership in South Korea and possibly begin offering its globally famous electric car models to local customers before the end of the year, sources said Thursday. The U.S. automaker has agreed to open a shop [...]
SEJONG, Aug. 2 (Korea Bizwire) – South Korea will spend about 200 billion won (US$180.3 million) this year to sharply expand electric vehicle charging infrastructure nationwide as part of its efforts to foster the eco-friendly sector as a new growth engine, the trade ministry here said Tuesday. Under the plan, led by the Korea Electric [...]
SEOUL, July 20 (Korea Bizwire) — South Korea’s state-run power supplier has devised a way to use utility poles as charging stations for electric vehicles, drastically cutting installation costs, its officials said Wednesday. Working with an idea submitted by one of its employees, the Korea Electric Power Corp. (KEPCO) said it will conduct a trial [...]
SEOUL, Jul. 18 (Korea Bizwire) — Hyundai Motor Co., South Korea’s dominant automobile maker, will step up efforts to expand infrastructure for electric vehicle (EVs) use by local drivers, as it aims to sell at least 4,800 Ioniq Electric units in the country this year alone, company officials said. “We plan to launch a mobile [...]
SEJONG, June 29 (Korea Bizwire) – Starting in the latter half of the year, the government will provide a tax rebate of up to 1 million won ($862) for new car purchases when car owners scrap their old diesel vehicles. It will also expand its investment in the eco-friendly sector, taking on projects such as [...]
SEOUL, June 14 (Korea Bizwire) – The Seoul Metropolitan Government will pursue plans to designate three percent of the city’s major public parking lots to electric vehicles (EVs). The plan was brought forth after rising demand for institutional support such as the expansion of charging facilities and other EV-related incentives, amid the increasing prevalence of [...]