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 [...]
SEOUL, Oct. 17 (Korea Bizwire) — Electric vehicle (EV) battery producers in South Korea are growing anxious as Hyundai Motor Co. as well as foreign automakers are experiencing safety issues with EV batteries. The U.S. National Highway Traffic Safety Administration is reportedly carrying out investigations into three fires caused by General Motors Co.’s Chevrolet Bolt [...]
ULSAN, Oct. 16 (Korea Bizwire) — New electric battery technology developed by South Korean researchers will enable electric vehicles (EVs) to travel up to 1,000 kilometers on a single charge. A joint research team from the Ulsan National Institute of Science and Technology and the Samsung Advanced Institute of Technology announced Wednesday that it had [...]
SEOUL, Oct. 7 (Korea Bizwire) — A recent study has shown that South Korean electric vehicle (EV) infrastructure is failing to catch up with the rapid prevalence of EVs, posing a stumbling block to the nation’s shift towards eco-friendly vehicles. The Korea Automobile Technology Institute (KATI) announced on Tuesday that the growth in the number [...]
JEJU, Oct. 6 (Korea Bizwire) — Along with an increase in the number of electric vehicle (EV) battery breakdowns and accidents, consumer anxiety is growing about the repair cost of EVs, which sometimes adds up to tens of millions won. Late last month, an electric version of the Kona subcompact SUV caught fire while being [...]
SEOUL, Oct. 5 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical company, topped global electric vehicle (EV) battery sales from January to August, a local market research firm said Monday. LG Chem accounted for a 25 percent share of the global EV battery market, in which a total of 64.7 gigawatt-hours (GWh) of [...]
SEOUL, Sept. 29 (Korea Bizwire) — Kia Motors Corp., South Korea’s second-biggest carmaker by sales, plans to launch a new on-demand electric vehicle (EV) charging service that enables customers to have their EVs charged without limits in time and space. On Monday, Kia inked a memorandum of understanding (MOU) with battery diagnosis solution start-up MinTech [...]
SEOUL, Sept. 23 (Korea Bizwire) — South Korean manufacturers of electric vehicle (EV) batteries on Wednesday showed mixed reactions to Telsa’s ambitious road map to cut the cost of EV batteries in half. Tesla said its new cylindrical cells would reduce the cost per kilowatt hour by 56 percent and extend its electric vehicle range [...]