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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 [...]

Samsung, Hyundai Motor Heirs Discuss EV Biz Cooperation

Samsung, Hyundai Motor Heirs Discuss EV Biz Cooperation

SEOUL, May 13 (Korea Bizwire) — The heirs apparent of South Korea’s top two family-run conglomerates had a rare meeting Wednesday to discuss possible cooperation in the electric vehicle (EV) business. Samsung Group Vice Chairman Lee Jae-yong exchanged views on Samsung’s development of new all-solid-state battery technology and its future with Hyundai Motor Group Executive [...]

Hyundai to Launch All-new EV Next Year

Hyundai to Launch All-new EV Next Year

SEOUL, May 11 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Monday it plans to launch a new large-size electric vehicle next year to absorb rising demand for environment-friendly vehicles. Hyundai Motor recently explained the planned launch of the electrified model, with the project name of NE, and its production [...]

33rd Electric Vehicle Symposium and Exposition Scheduled for June 14-17 in Portland, Oregon

33rd Electric Vehicle Symposium and Exposition Scheduled for June 14-17 in Portland, Oregon

WASHINGTON, March 31 (Korea Bizwire) — Siemens AG CEO Joe Kaeser and other key speakers, sponsors and exhibitors from the entire electric drive supply chain, including R&D experts, leading manufacturers, top industry executives and government partners, are slated to participate in the 33rd Electric Vehicle Symposium and Exposition (EVS33), scheduled for June 14 thru 17, [...]

Hyundai Motor to Produce Hydrogen Commercial Cars in China

Hyundai Motor to Produce Hydrogen Commercial Cars in China

SEOUL, Jan. 25 (Korea Bizwire) — Hyundai Motor Co. said Saturday it will produce hydrogen fuel-cell electric commercial vehicles in its Chinese plant to make inroads into the local electric vehicle market. In the China EV100 Forum held in Beijing from Jan. 10-12, Executive Vice President Lee In-cheon, head of Hyundai’s Commercial Vehicle Business Division, [...]