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 [...]
SEOUL, March 18 (Korea Bizwire) — Electric vehicle (EV) drivers are increasingly concerned that the lack of liability insurance at charging stations may prevent them from receiving any compensation in case of a fire or explosion. There were 112 EV charging stations in South Korea as of June last year, with approximately 104,000 charging stands. [...]
SEOUL, Jan. 20 (Korea Bizwire) — South Korea announced plans on Wednesday to reduce the amount of subsidies provided to electric vehicle (EV) purchases in exchange for offering subsidies to a wider line-up. The government said that subsidies will be provided to 207,500 EVs this year, up from 101,000 cars last year. The maximum amount [...]