SEOUL, June 26 (Korea Bizwire) – South Korea’s major automobile manufacturers are all set to make a big splash in global eco-friendly vehicle markets in the coming months, local industry sources said Sunday. Hyundai Motor Co. plans to begin the sale of the Ioniq hybrid in the United States and Europe in the latter half [...]
SEOUL, June 24 (Korea Bizwire) – Diesel cars are at the center of attention in Korea with the ongoing investigation into Audi-Volkswagen’s emissions scandal, and the government’s recent labelling of diesel vehicles as major producers of fine dust, which has become dangerously prevalent in recent years. In a recent study conducted by the Ministry of [...]
SEOUL, June 14 (Korea Bizwire) – The Seoul Metropolitan Government will pursue plans to designate three percent of the city’s major public parking lots to electric vehicles (EVs). The plan was brought forth after rising demand for institutional support such as the expansion of charging facilities and other EV-related incentives, amid the increasing prevalence of [...]
ULSAN, June 2 (Korea Bizwire) – The Ulsan National Institute of Science and Technology (UNIST) revealed its ‘Smart Urban Vehicle Project’ Thursday, part of efforts to develop an electric vehicle (EV) better suited for urban environments. The project, in coordination with Power Plaza – an EV manufacturer, aims to create a smaller and a lighter [...]
SEOUL, May 18 (Korea Bizwire) – Renault Samsung Motors Co. (the local unit of French automaker Renault SA) will be introducing the Twizy, an ultra-small electric vehicle, in South Korea later this year. Regulations that had so far blocked its release in South Korea were recently lifted as part of South Korea’s efforts to further [...]
SEOUL, April 14 (Korea Bizwire) – Installing charging devices for electric vehicles (EV) at gas stations will become easier as early as August of this year. The Ministry of Trade, Industry and Energy announced new legislation that lowers the explosion prevention standards of EV chargers installed at gas stations. After collecting ideas from the public and an [...]
JEJU, March 23 (Korea Bizwire) – Electric vehicles (EVs) are not a thing of the future anymore but a reality, and this is what people might have in mind when they see diverse green car models on display at an expo underway in this island. Many still could not shake thinking about the fact that there [...]
SEOUL, March 21 (Korea Bizwire) – Consumers are taking an increasing interest in electric vehicles after the International Electric Vehicle Expo (IEVE) was recently held on Jeju Island. While more Koreans are looking into purchasing an electric vehicle, the amount of financial support provided by local governments differs greatly, making the purchasing process somewhat unfair. [...]
SEOUL, Dec. 7 (Korea Bizwire) – South Korea’s leading chemicals and electric vehicle battery maker LG Chem Co. and its local rival Samsung SDI Co. have outpaced global players in terms of strategy and execution in the electric vehicle (EV) battery industry, a report showed Monday. In a survey on eight EV battery manufacturers, LG [...]
SEOUL, Oct. 4 (Korea Bizwire) – LG Chem Ltd., South Korea’s leading chemicals and battery maker, said Sunday that it has signed a deal to supply lithium-ion (EV) batteries to golf carts made by Japan’s Yamaha Motors Company. Under the contract, LG Chem will supply Yamaha Motors with lithium-ion batteries for its golf carts starting [...]