SEOUL, Oct. 6 (Korea Bizwire) — South Korean automaker Hyundai Motor Co. took over half of the fuel cell electric vehicle (FCEV) market in the first eight months of the year, led by strong demand for its SUV model, industry data showed Wednesday. Hyundai Motor, the maker of the NEXO SUV, sold about 5,900 units [...]
SEOUL, Aug. 2 (Korea Bizwire) — Korean automaker Hyundai Motor Co. beat its Japanese rival Toyota to become the world’s largest fuel cell electric vehicle (FCEV) maker in the first half of the year with the release of a facelifted model, industry data showed Monday. Hyundai Motor, the maker of the NEXO SUV, sold about [...]
SEJONG, Feb. 28 (Korea Bizwire) – The Ministry of Land, Infrastructure and Transport announced a new set of measures Monday to help accommodate the rapidly increasing number of drivers of eco-friendly vehicles in Korea, which includes new rest areas for charging EVs and hydrogen vehicles. These mini rest areas, or multipurpose rest areas, will be [...]
SEOUL, Sept. 12 (Korea Bizwire) – Hyundai Motor Co., South Korea’s leading automaker, said Monday that it has signed a deal with a local government to supply its fuel cell electric vehicles (FCEVs) as part of efforts to foster the hydrogen car sector here. Under the deal, the automaker will deliver 10 units of the [...]
HONGSEONG, South Korea, Aug. 16 (Korea Bizwire) – South Chungcheong Province has been designated as a next generation production hub for FCEV (fuel cell electric vehicle) parts, after passing a government feasibility assessment of the region. According to provincial officials, the new facilities will provide an important cornerstone for the automobile industry of the future, [...]
SEOUL, Aug. 12 (Korea Bizwire) – Fuel cell vehicles might just be a solution to various environmental issues, including climate change, as they can help reduce fine dust without even trying, a study by a local automaker showed Friday. According to local industry leader Hyundai Motor Co., a fuel cell electric vehicle (FCEV) can collect [...]