SEOUL, Feb. 26 (Korea Bizwire) — Starting from next year, new apartment developers in South Korea will be required to offer residents electric vehicle (EV) charging stations at 5 percent of the parking spaces in the complex. On Thursday, the government announced plans to set up more EV charging stations at homes and workplaces, taking [...]
SEOUL, Feb. 23 (Korea Bizwire) — South Korean auto giant Hyundai Motor Co. on Tuesday unveiled the IONIQ 5, the first model embedded with its own electric vehicle platform, as it strives to morph into a future mobility solutions provider. The IONIQ 5 midsize crossover utility vehicle is the first model equipped with Hyundai Motor [...]
SEOUL, Feb. 9 (Korea Bizwire) — LG Electronics Inc. said Tuesday some of its electric vehicle (EV) motor production lines will be in operation even during the Lunar New Year’s holiday as the tech giant eyes to expand its presence in the future mobility sector. LG recommends its local production sites allow workers to go [...]
SEOUL, Feb. 1 (Korea Bizwire) — Three South Korean electric vehicle (EV) battery makers accounted for over a third of the global market last year underscoring their increased presence in the fast-growing sector, a market research firm said Monday. The three — LG Energy Solution Ltd., Samsung SDI Co. and SK Innovation Co. — supplied [...]
SEOUL, Jan. 14 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it will expand the operation of the ‘visiting charging service’ for its electric vehicle (EV) customers. This service is available when EV batteries are discharged during driving-on status or when customers have difficulty going to charging stations. Hyundai staff visit the location at the [...]
SEOUL, Jan. 8 (Korea Bizwire) — Parking a car at a standard electric vehicle (EV) charging station for more than 12 hours will now result in a fine. The Ministry of Trade, Industry and Energy announced that a new bill will be implemented to prevent cars from blocking other drivers from charging their EVs. Previously, [...]
SEOUL, Dec. 31 (Korea Bizwire) — South Korean battery maker LG Energy Solution Ltd. was the second-biggest supplier of electric vehicle (EV) batteries in the first 11 months of the year following China’s CATL, a market research firm said Thursday. LG Energy Solution, which spun off from LG Chem Ltd. earlier this month, shipped 26.4 [...]
SEOUL, Dec. 17 (Korea Bizwire) — The government plans to invest 92.3 billion won (US$84.6 million) next year to set up an additional number of electric vehicle (EV) chargers. The Ministry of Environment announced Wednesday that it will work jointly with the private sector to set up more than 70 350-kilowatt (kW) chargers for EVs [...]
SEOUL, Dec. 10 (Korea Bizwire) – It’s important to be in the right market at the right time, and Hyundai Motor Group Chairman Chung Euisun knows it’s time to plug into the future: electric vehicles (EV). Going electric isn’t just an eco-friendly goal but is becoming a new business reality sooner than expected, pressuring the [...]
SEOUL, Nov. 20 (Korea Bizwire) — The National Assembly said Friday it plans to expand the number of its in-house electric vehicle (EV) charging stations by twofold by next year. The assembly complex, located in Seoul’s western ward of Yeongdeungpo, will double the number of its EV stations from the current 11 to 22 by [...]