Korean EV industry Archives

Toyota Joins Hyundai and Kia in ‘Charging Alliance’ to Challenge Tesla’s EV Infrastructure Dominance

SEOUL, Jul. 11 (Korea Bizwire) – In a move that could reshape the electric vehicle charging landscape in North America, Toyota, the world’s largest automaker, announced on July 10 its decision to invest in Ionna, a joint venture formed by seven major global car manufacturers to build an extensive EV charging network. Ionna, established last [...]

Stealthy Parking in Charging Areas a Hindrance to EV Growth

JEONJU, July 10 (Korea Bizwire) – South Korea is infamous for its severe parking shortage, a problem that stands out in residential areas in major cities. Most recently, ‘stealthy parking’ in electric vehicle (EV) charging areas is emerging as another source of conflict among apartment residents who struggle to search for a vacant parking spot [...]