SEOUL, March 14 (Korea Bizwire) — Hyundai Motor Co. was named the most popular electric vehicle (EV) brand for three consecutive years in a survey of domestic consumers, a survey showed Monday. According to the survey of 2,172 adult consumers by the EV Trend Korea, South Korea’s leading electric car expo, 43 percent of the [...]
SEOUL, Feb. 6 (Korea Bizwire) — The amended plans for electric vehicle (EV) subsidies, normally announced in mid-January by the government, were finally announced last week, likely due to delays caused by negotiations over differentiating subsidy plans between imported and domestic cars. The plan stipulates that subsidies will be provided at a rate of 100 [...]
SEOUL, Nov. 9 (Korea Bizwire) — Wireless charging for electric vehicles will be available in South Korea next month as part of the country’s deregulation plans in the information technology sector, the ICT ministry said Wednesday. The Ministry of Science and ICT said in a report submitted to a government meeting on regulatory reforms presided [...]
SEOUL, Sept. 6 (Korea Bizwire) — Kakao Mobility Corp., a mobility unit under South Korean internet giant Kakao Corp., said Monday it was launching a trial of an electric vehicle (EV) valet charging service through its navigation app Kakao Navi. Kakao Mobility expects this service to contribute to enhancing user convenience through the combination of [...]
SEOUL, July 19 (Korea Bizwire) — U.S. electric vehicle maker Tesla Inc.’s sales in South Korea remained stagnant in the first half of this year after enjoying strong growth in the country’s imported EV market. According to the Korea Automobile Importers & Distributors Association and the CarIsYou Data Research Center, the number of imported EVs [...]
SEOUL, July 1 (Korea Bizwire) — The act of obstructing charging activities for electric vehicles will be punishable by fines in all 25 districts in Seoul starting in August. The Seoul Metropolitan Government said Thursday that the number of districts penalizing the obstruction of EV charging activities will increase from the current 12 to 19 [...]
SEOUL, June 12 (Korea Bizwire) — The top executive of Renault Korea Motors Co. has said that his company will roll out its first electric vehicle in South Korea in 2026. During a meeting with reporters on Friday, CEO Stephane Deblaise stressed that 2026 would be the perfect timing for his firm to release an [...]
SEOUL, June 9 (Korea Bizwire) — As China and Germany advanced in the electric vehicle (EV) and battery industry last year, the South Korean share of the global EV and battery export market dropped. The Federation of Korean Industries reported that China and Germany raised their share of the world’s battery-based electric vehicle (BEV) export [...]
SEOUL, April 12 (Korea Bizwire) — Hyundai Motor Group has developed an electric vehicle (EV) charging service platform that will be installed in the company’s future super-speed charging stations. The South Korean automaking titan announced on Monday the development of E-pit Charging Service Platform (E-CSP), a charging platform for EVs. E-CSP consists of a control [...]
SEOUL, March 24 (Korea Bizwire) — President Moon Jae-in will ride an electric vehicle (EV) after he leaves office. According to the Ministry of the Interior and Safety’s tender notice for the purchase (lease) of a vehicle for the use of the soon-to-be former president that was posted on the Public Procurement Service’s Government e-Procurement [...]