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Hyundai Motor, SK Chiefs Vow to Bolster EV Biz Partnership

Hyundai Motor, SK Chiefs Vow to Bolster EV Biz Partnership

SEOUL, July 7 (Korea Bizwire) — The heir apparent of Hyundai Motor Group met with the head of refinery-to-battery conglomerate SK Group on Tuesday to discuss cooperation in the electric vehicle (EV) business. Hyundai Motor Group Executive Vice Chairman Chung Euisun and SK Group Chairman Chey Tae-won discussed cooperation on next-generation EV battery technologies, power [...]

GM Committed to Making EVs Reality in S. Korea

GM Committed to Making EVs Reality in S. Korea

SEOUL, June 21 (Korea Bizwire) — General Motors Co. is committed to expanding its position in South Korea by introducing more electric vehicles amid growing appetite for zero-emission cars thanks to improving charging infrastructure and state subsidies, the company has said. In a virtual media briefing held Wednesday, Jesse Ortega, architectural chief engineer at GM’s [...]

Tesla Leads Imported EV Sales in S. Korea

Tesla Leads Imported EV Sales in S. Korea

SEOUL, May 26 (Korea Bizwire) — While sales of imported cars, led by U.S. electric carmaker Tesla Motors Inc.’s Model 3, have jumped, Korean-made electric vehicles (EVs) are being sidelined. The Korea Automobile Manufacturers Association and Korea Automobile Importers & Distributors Association reported a 40.1 percent increase in EV sales between January and April compared [...]