SEOUL, Sept. 19 (Korea Bizwire) – Korea’s largest shopping complex, Starfield Hanam, which opened to public on September 9, has become a new battleground for carmakers. Two automakers currently operate stores on the 460,000-square-meter premises: Hyundai Motor Company and BMW. While Hyundai stands as a symbolic figure of Korea’s automotive industry, BMW is currently the leading [...]
SEOUL, Sept. 1 (Korea Bizwire) – Tesla, the world’s leading EV manufacturer, has confirmed that its first dealership in Korea will be located at Starfield Hanam, a Shinsegae-Taubman shopping complex that will be the largest of its kind on the peninsula. Shinsegae said the upcoming mall, which is scheduled to open on September 9, will [...]
SEOUL, Aug. 4 (Korea Bizwire) – Tesla Motors Inc., a U.S. electric vehicle producer, is set to open its first dealership in South Korea and possibly begin offering its globally famous electric car models to local customers before the end of the year, sources said Thursday. The U.S. automaker has agreed to open a shop [...]
SEOUL, June 11 (Korea Bizwire) – Korea has a population of 50 million with 54 million cell phone subscribers. The need for pay phones has clearly faded away. According to KT Linkus, which manages these relics of yesteryear, the number of pay phones across the country has decreased by 38 percent from 113,000 in 2006 [...]
SEOUL, May 25 (Korea Bizwire) – Hyundai plans to develop a new EV that can travel over 400km on a single charge. According to an industry official, Hyundai is currently developing EVs that can travel over 320km (by 2018) and 400km (by 2020) on a single charge. The current Hyundai Ioniq is expected to be [...]