SEOUL, May 11 (Korea Bizwire) — South Korea said Tuesday eco-friendly cars, including electric models, accounted for 71 percent of the total vehicles purchased by public organizations last year, as the country continued its efforts to go carbon neutral by 2050. The country’s 609 public organizations purchased 7,736 automobiles in 2020, of which 5,494 were [...]
SEOUL, April 27 (Korea Bizwire) — Public organizations will have to choose only eco-friendly cars when purchasing new automobiles, in line with the country’s green energy drive, the industry ministry said Tuesday. “In order to speed up the transition, it is necessary to create new demands,” the Ministry of Trade, Industry and Energy said in [...]
SEOUL, May 26 (Korea Bizewire) — South Korea said Tuesday eco-friendly cars will take up at least 90 percent of the combined automobiles owned by governmental bodies by 2030, in line with the country’s new energy drive that centers on breaking away from traditional sources of fuel. The target marks a drastic rise from the [...]