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Kona and Niro’s Days Numbered with Introduction of Dedicated EVs

Kona and Niro’s Days Numbered with Introduction of Dedicated EVs

SEOUL, May 3 (Korea Bizwire) — With the introduction of dedicated electric vehicles, Hyundai Motor Co.’s all-electric SUV Kona and other EVs derived from combustion engine-based vehicles are expected to be discontinued in line with slowing sales. The Korea Automobile Manufacturers Association reported that Hyundai produced only 7,731 Kona EVs for the first quarter this [...]

Eco-friendly Cars Make Up Over 3 pct of Total Vehicles Registered in S. Korea

Eco-friendly Cars Make Up Over 3 pct of Total Vehicles Registered in S. Korea

SEOUL, Nov. 22 (Korea Bizwire) — Environmentally friendly cars, such as electric vehicles (EVs) and hydrogen-powered cars, make up more than 3 percent of the total vehicles registered in South Korea, a report from the country’s transport ministry showed Sunday. There were 766,464 green vehicles registered in South Korea as of end-October, accounting for 3.16 [...]

Korean EVs at Risk as Tesla Announces Cheaper Model

Korean EVs at Risk as Tesla Announces Cheaper Model

SEOUL, Sept. 28 (Korea Bizwire) — Prices of domestic electric vehicles (EVs) are gaining attention following Tesla Motors Inc.’s recent announcement that it will come up with a new EV model that costs as little as US$25,000 within the next three years. Experts expect that domestic EV manufacturers will need at least four or five [...]

Record Number of Eco-Friendly Car Sales

Record Number of Eco-Friendly Car Sales

SEOUL, Jan. 9 (Korea Bizwire) – Korea set a new annual record in 2016 for eco-friendly vehicle sales. According to the Korea Automobile Manufacturers Association and the Korea Automobile Importers & Distributors Association, total sales of environmentally-friendly vehicles – both domestic and imported – amounted to 68,761 units, which was more than double the number [...]

Global Symposium on Electric Vehicles Kicks Off in S. Korea

Global Symposium on Electric Vehicles Kicks Off in S. Korea

ILSAN, South Korea, May 4 (Korea Bizwire) – An international conference on electric cars and the related technology kicked off on Monday with experts and officials of major carmakers gathering to discuss how the electric car market will be shaping up in the future, organizers said. The International Electric Vehicle Symposium (EVS), first held in 1969, [...]