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E-Mart Brings Charging Stations and Car-Sharing to Parking Lots

E-Mart Brings Charging Stations and Car-Sharing to Parking Lots

SEOUL, Dec. 7 (Korea Bizwire) — E-Mart Inc. outlets’ parking lots will be renovated into multipurpose facilities that will provide charging stations for electric vehicles as well space to accommodate car-sharing vehicles. E-Mart, in collaboration with Straffic, South Korea’s leading company in traffic management systems, will open Electro Hyper Charger Stations at six of its [...]

Seoul to Provide Additional Subsidies for Purchase of Eco-friendly Cars

Seoul to Provide Additional Subsidies for Purchase of Eco-friendly Cars

SEOUL, Sept. 27 (Korea Bizwire) — The Seoul city government said Thursday it will provide additional subsidies for the purchase of environmentally friendly vehicles as this year’s target has already been accomplished. The city government attained this year’s goal of subsidizing 2,257 electric vehicles (EVs) and hydrogen fuel-cell cars. The city said it will inject [...]

First Electric Car Battery Recycling Center Coming to Jeju Island

First Electric Car Battery Recycling Center Coming to Jeju Island

JEJU, Jul. 4 (Korea Bizwire) — A recycling facility for used electric car batteries will be established for the first time in the nation on Jeju Island, a popular holiday destination off the south coast of South Korea. The Jeju provincial government announced yesterday that the groundbreaking ceremony for the facility will take place at [...]

E-Mart to Install Electric Car Charging Stations at All Outlets

E-Mart to Install Electric Car Charging Stations at All Outlets

SEOUL, Jul 2. (Korea Bizwire) — The hypermarket giant E-Mart announced today that it is planning to install charging stations for electric car use at all of its outlets nationwide by 2021. The company initiated formal service of nine electronic charging stations in a total of four regions (Sokcho, Gangneung, Geomdan, and Gumi) today. The [...]

Chinese Cars with Korean-made Batteries Excluded from Chinese Subsidies

Chinese Cars with Korean-made Batteries Excluded from Chinese Subsidies

SEOUL, May 24 (Korea Bizwire) — Sources in China say that electric cars equipped with Korean-made batteries were not included in a list of cars awarded subsidies by the Chinese government. According to industry insiders, the Ministry of Industry and Information Technology in China announced on its website yesterday a list of car models that [...]

Korea Post to Use Electric Vehicles to Deliver Mail, Parcels

Korea Post to Use Electric Vehicles to Deliver Mail, Parcels

SEOUL, Jan. 18 (Korea Bizwire) — Korea Post will acquire some 10,000 single-seat electric vehicles (EVs) by 2020 to enhance the efficiency of its delivery system, the national postal service president said Thursday. “Korea Post plans to deploy small battery powered vehicles,” Korea Post President Kang Seong-ju said during a meeting of officials. He added [...]

Electric Vehicles Expected to Have Lower Insurance Rates in South Korea

Electric Vehicles Expected to Have Lower Insurance Rates in South Korea

SEOUL, June 7 (Korea Bizwire) – With the Korea Insurance Development Institute due to reveal its reference net premium rates for electric cars by the end of June, industry watchers are speculating that premiums for EVs will be some 10 percent lower than gasoline or diesel-powered vehicles.  The reference premium rate will be based on [...]