SEOUL, Mar. 27 (Korea Bizwire) — SK Innovation Co., South Korea’s largest refiner by sales, said Wednesday that it will invest 430 billion won (US$380 million) to build a lithium-ion battery separator (LiBS) plant in Poland, in a bid to meet growing demand for electric vehicle batteries. The company, also a major EV battery maker, [...]
SEOUL, Mar. 18 (Korea Bizwire) — The British Embassy in Seoul said Monday that it will help carmaker Jaguar Land Rover’s promotion of its all-electric vehicle (EV) in South Korea amid rising demand for environmentally friendly cars. The British Embassy here kicked off a five-day “Green is Great” campaign in order to highlight areas of [...]
SEOUL, Feb. 24 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. sold or received orders for more than 10,000 electric vehicles (EV) coming into this year, corporate sources said Sunday. South Korea’s two largest automakers, and flagships of Hyundai Motor Group, account for 79 percent of all EVs sold in the [...]
SEJONG, Jan. 29 (Korea Bizwire) — Slovakia’s finance minister called for cooperation with South Korea in a wide-range of areas such as hydrogen fuel cell electric vehicles and infrastructure, the government here said Tuesday. Peter Kazimir made the comments in a meeting with his South Korean counterpart Hong Nam-ki at the government complex building in [...]
SEOUL, Nov. 1 (Korea Bizwire) — Hyundai Motor Co. and SK Networks Co. have joined hands to create new infrastructure for the establishment of an electric car charging station. Hyundai revealed yesterday that it had signed an MOU with SK Networks that would make this possible. According to the MOU, Hyundai will develop high-speed electric [...]
SEOUL, Oct. 23 (Korea Bizwire) — LG Chem Ltd. said Tuesday that it will invest 2.1 trillion won (US$1.8 billion) by 2023 to build electric vehicle batteries in China in the latest move to meet growing demand for batteries for zero-emissions cars. South Korea’s top chemical company said it has broken ground for a three-story [...]
SEOUL, Sept. 30 (Korea Bizwire) — South Korea needs to make more efforts to foster the electric automobile industry, a state-run think tank said Sunday, claiming local companies have been losing ground in the important Chinese market. The Korea Institute for Industrial Economics and Trade (KIET) said South Korean companies need to beef up their [...]
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 [...]
SEOUL, Jul. 18 (Korea Bizwire) — Electric car manufacturers have been unable to supply promised cars to the public on time. According to the provincial government of Jeju, 1,015 new electric cars were registered on the island during a period of six months between February and July, which is just 25.3 percent of the initial [...]
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 [...]