SEOUL, Dec. 27 (Korea Bizwire) — The number of electric vehicles (EVs) and electric two-wheelers registered in Seoul has surpassed the 76,000 level, the city government said. Last year the capital city subsidized purchases of 52,427 EVs, including electric two-wheelers, with subsidies for an additional 24,000 vehicles expected this year. The share of EVs among [...]
SEOUL, Dec. 26 (Korea Bizwire) — Hyundai Motor Group said Sunday that all of its electric vehicle (EV) models built on its own dedicated EV platform named E-GMP recorded the highest grade in the world’s major collision tests. As a result of the collision tests conducted by the Insurance Institute for Highway Safety (IIHS), Hyundai [...]
SEOUL, Dec. 21 (Korea Bizwire) — The Korea Institute of Science and Technology said Tuesday its research team had identified the cause of the sharp decline in the life of electric vehicle (EV) batteries using manganese-based spinel cathode materials. These findings are expected to greatly contribute to increasing the potential for commercialization. Thus far, it [...]
SEOUL, Dec. 21 (Korea Bizwire) — A recent study has revealed that widespread adoption of electric vehicles (EVs) on Jeju Island would halve the number of car repair and maintenance workers on the island. According to a report released by the Ministry of Employment and Labor, if EV adoption becomes more widespread in Jeju, the [...]
SEOUL, Dec. 12 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. have broken the 200,000 mark in cumulative electric vehicle (EV) sales in the European Union, industry data showed Sunday. According to the European Automobile Manufacturers’ Association (ACEA), Kia had sold 200,984 EVs in the European market as of late October 2022. [...]
SEOUL, Dec. 2 (Korea Bizwire) — Sales of electric vehicles (EVs) by Hyundai Motor Co. and its smaller affiliate Kia Corp. sank in the U.S. market last month from a month earlier, company data showed Friday, suggesting the new U.S. law on EV tax credits is affecting the demand. Hyundai sold 1,193 flagship IONIQ 5 [...]
SEOUL, Dec. 1 (Korea Bizwire) — South Korean automakers saw their combined domestic electric vehicle (EV) sales surpass the 100,000 mark this year for the first time. The country’s five carmakers — Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Korea Motors Co. and SsangYong Motor Co. — saw their combined EV sales reach [...]
SEOUL, Nov. 22 (Korea Bizwire) — South Korean automaker Kia Corp. said Monday it had signed a business agreement with domestic startup TBU to verify vehicle-to-vehicle (V2V) charging technology. Under the terms of the agreement, the two parties will promote cooperation to reduce the charging time of electric vehicle (EV) users, secure an income model [...]
SEOUL, Nov. 18 (Korea Bizwire) — South Korean automaker Kia Corp. said Thursday it will provide support in setting up electric vehicle (EV) chargers for buyers who live in apartments, villas and other multi-dwelling homes. Kia signed an agreement with EV charging service provider Home & Service Co. to start a EV charging solution program [...]
SEOUL, Nov. 14 (Korea Bizwire) — The Korean units of three foreign automakers — GM Korea Co., Renault Korea Motors Co. and SsangYong Motor Co. — have a negligible presence in the electric vehicle (EV) market. Their combined domestic sales stood at 133,890 units in the January to October period of this year, down 5.2 [...]