SEOUL, June 29 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it will unveil its second dedicated EV model IONIQ 6 at the Busan International Motor Show next month ahead of its local launch later this year. The IONIQ 6 is the second model embedded with Hyundai Motor Group’s own EV-only electric-global modular platform (E-GMP) [...]
SEOUL, June 26 (Korea Bizwire) — South Korea’s Hyundai Motor Co. had the highest electric vehicle sales in Indonesia last month, an Indonesian automotive industry association said Sunday. Hyundai sold 196 EVs — 195 units of the IONIQ 5 and one unit of the IONIQ Electric — in the Southeast Asian market in May, according [...]
DAEJEON, June 23 (Korea Bizwire) — A worldwide effort to develop heat management systems for electric cars and other eco-friendly vehicles for improved efficiency and longer range is gaining traction. The Korea Intellectual Property Office reported that the submission of patents related to an integrated heat management system for eco-friendly cars from five countries or [...]
SEOUL, June 17 (Korea Bizwire) — As the number of electric car fires continues to increase along with the prevalence of such vehicles, firefighters are looking for the optimal way to extinguish electric vehicle (EV) fires. The Seoul Metropolitan Fire and Disaster Headquarters said it carried out experiments related to extinguishing electric car fires at [...]
SEOUL, June 7 (Korea Bizwire) — More electric vehicle (EV) owners in Souht Korea are signing up for car insurance policies with the expansion of the EV market, the nation’s top financial regulator said Monday. EVs covered by car insurance policies last year rose in number to 183,829 vehicles, up 60.5 percent from the previous [...]
BREA, Calif., May 31 (Korea Bizwire) – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces results of Mullen’s solid-state polymer battery testing with the Battery Innovation Center (BIC) in Indiana. Testing results from BIC show the solid-state polymer cell, rated at 300 Ah and 3.7 volts, tested in at 343.28 Ah [...]
SEOUL, May 25 (Korea Bizwire) — An electric vehicle powered by a battery from LG Energy Solution Ltd. set a new Guinness World Record title for the highest altitude achieved by an electric car. The Volkswagen ID.4 GTX succeeded in driving up the dormant Uturuncu volcano in Bolivia, reaching an altitude of 5,816 meters on [...]
SEOUL, April 26 (Korea Bizwire) — South Korea’s imported electric vehicle (EV) market, once dominated by Tesla Inc., is now facing fierce competition with European brands releasing new models. The Ministry of Trade, Industry and Energy and the Korea Automobile Importers & Distributors Association (KAIDA) reported that a total of 5,278 units of imported EV [...]
SEOUL, April 26 (Korea Bizwire) — South Korea plans to invest 397.5 billion won (US$318 million) in building charging stations for electric and hydrogen-powered vehicles this year in an effort to foster the next-generation car industry, a senior government official said Tuesday. The government also plans to focus on building the infrastructure and developing technology [...]
JEJU, April 18 (Korea Bizwire) — South Korea’s southern resort island of Jeju is on track to allow the sales of battery packs in used electric vehicles (EVs). On Friday, the Jeju Special Self-Governing Provincial Government issued an advance notice on a partial revision of the “EV battery return and processing ordinance.” Under the revision, [...]