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 [...]
SEOUL, Oct. 30 (Korea Bizwire) — LG Chem Ltd. was the world’s biggest supplier of electric vehicle (EV) batteries in the first nine months of this year thanks to robust demand from global automakers, a market research firm said Friday. South Korea’s largest chemical company accounted for a 24.6 percent share of the global EV [...]
SEOUL, Oct. 30 (Korea Bizwire) — Consumers are expressing dissatisfaction towards Hyundai Motor Co.’s recent recall of its Kona electric vehicle (EV) following a series of cases where the vehicle has shut down, even after the recall. Hyundai recalled Kona EVs manufactured before March 13, to update the vehicle’s battery management system (BMS). The problem [...]
SEOUL, Oct. 28 (Korea Bizwire) — Hyundai Motor Group plans to produce a kid’s version of the 45, a miniature-sized electric vehicle (EV) concept. Hyundai unveiled a video on Tuesday showing how the derived EV model for kids is being made and designed after the mini-sized EV. The mini-EV for kids comes with Hyundai’s Emotion [...]