SEOUL, June 22 (Korea Bizwire) — Hyundai Motor Group is on its way toward an all-electric future by adopting a two-track strategy to deliver batteries for both electric and hydrogen fuel cell vehicles, hoping to expand its presence in the growing eco-friendly car market. The world’s fifth-largest carmaker is one of the few industry players [...]
SEOUL, Sept. 29 (Korea Bizwire) — Sales of eco-friendly autos in South Korea surged 22 percent in the first eight months of the year, driven by demand from fuel-conscious consumers and hefty state subsidies, industry data showed Sunday. According to the data compiled by the Korea Automobile Manufacturers Association (KAMA), 69,834 eco-friendly cars were sold [...]
SEOUL, Mar. 7 (Korea Bizwire) — South Korea is aiming to have 2,000 hydrogen fuel-cell electric buses in the country by 2022 as it strives to raise the ratio of environment-friendly vehicles, the transport ministry said Thursday. This year, the government is initially targeting the replacement of 35 existing buses with fuel cell electric vehicles [...]