Stop talking, start doing
South Korea’s President Moon Jae-in is setting a good example by using a Hyundai Nexo as his official car. He will be demonstrating the technology for locals, doing marketing and addressing range anxiety in one.
Weiterlesen
South Korea announces new EV subsidies for 2020
In the coming year, the South Korean government will provide the equivalent of around 900 million dollars in subsidies for e-mobility. The money will not only be used to subsidise electric and fuel cell cars, but also the associated infrastructure.
Weiterlesen
Gogoro targets B2B with expansion into Seoul
Taiwanese electric scooter manufacturer Gogoro has launched its Gogoro 2 Utility scooter and battery-replacement network built for B2B industries in the city of Seoul with cooperation partner TIC corporation.
Weiterlesen– ADVERTISEMENT –
Tesla starts Model 3 sales in South Korea
Tesla has started selling Model 3 in South Korea at prices starting at 52 million won (about 43,000 dollars) before subsidies. Buyers can look forward to subsidies from the state government and provincial governments totalling up to 20 million won.
Weiterlesen
First EV battery recycling in South Korea by Earthtech
Earthtech will be the first Korean company to enter the battery recycling business and recently started construction of a dedicated facility for dismantling electric vehicles and recycling used batteries.
Weiterlesen
Hyundai Mobis building EV component factory
Hyundai Mobis, the South Korean automotive supplier belonging to the Hyundai Motor Group, is investing the equivalent of around 322 million dollars in the construction of a new plant for electric car components.
Weiterlesen– ADVERTISEMENT –
Korea: LG Chem is building a new cathode factory
The South Korean battery cell manufacturer LG Chem is investing 500 billion won (424 million dollars) in the construction of a factory to manufacture cathode material for lithium-ion batteries.
Weiterlesen
Seoul to increase electric city bus fleet
The number of battery-powered city buses on the streets of the South Korean capital Seoul is expected to rise to 143 this year. Private bus companies are being promoted by the city government to ensure that the switch to electric buses is successful.
Weiterlesen
Prices are out for Hyundai’s new all-electric Ioniq
Hyundai has now released the prices for the revamped all-electric Ioniq, a few weeks after the hybrid and plug-in hybrid versions. The upgraded all-electric model will hit markets in the second half of this year.
Weiterlesen
Hyundai introduces its electric double-decker bus
More passengers with the same dimensions and emission-free: Hyundai has introduced its first electrically powered double-decker bus. When and in which countries the new 70-seater will be sold has yet to be revealed. Also new from the Korean company is a system for smaller electric commercial vehicles.
Weiterlesen
Hyundai and Kia invest 80 million euros in Rimac
Hyundai and Kia are together investing 80 million euros into Rimac Automobili. The Korean carmakers and the Croatian company are also entering into a strategic partnership for the joint development of both battery electric and fuel cell, high-performance EVs.
Weiterlesen
Kia launches Niro electric car in the USA
The Kia Niro EV has finally gone on sale in the U.S. The South Korean electric car manufacturer already started selling the Niro in their home country in June of last year. The base price for the Niro EV EX is $39,495 ($31,995 with federal tax credit).
Weiterlesen
USA: LG Chem files lawsuits against SK Innovation
The U.S.-owned subsidiary of the South Korean battery cell manufacturer LG Chem has filed two lawsuits in the USA against its South Korean competitor SK Innovation. The accusation: Employees hired by LG Chem are said to have disclosed business secrets of the company.
Weiterlesen
Korea Gas plans for 25 hydrogen production facilities
Korea Gas announced that by 2030 it intends to invest the equivalent of around 4 billion dollars in the construction of 25 hydrogen production plants and pipelines with a total length of 700 kilometres to transport the gas in South Korea.
Weiterlesen
Seoul to grant subsidies to two-wheelers
The government of the South Korean capital Seoul wants to provide subsidies for a massive electric offensive. The goal is to replace around 100,000 two-wheelers powered by combustion engines with electric ones by 2025, as well as the electrification of minibuses.
Weiterlesen
Webasto increases e-mobility engagement in Korea
Webasto acquired the entire South Korean joint venture Webasto Donghee for 100 million euros, making it the largest acquisition in its history. With this deal, the supplier is expanding its core businesses in Asia and gets closer to Hyundai-Kia.
Weiterlesen
Korea: Former GM factory picked up by MS Autotech
A former General Motors car factory in the South Korean city of Gunsan is to become a production site for electric cars. The Korean component manufacturer MS Autotech bought the plant for the equivalent of almost 100 million dollars to manufacture on behalf of several OEMs.
Weiterlesen
Songuo Motors presents the NeuWai brand
At the Seoul Motor Show, South Korean manufacturer Songuo Motors presented the NeuWai brand, under which a whole series of vehicles will be sold in the future, including vehicles with electric drives. NeuWai is exhibiting no less than twelve models at the show.
Weiterlesen
South Korea forms HyNet for hydrogen charging
The South Korean Ministry of Trade, Industry and Energy has formed a special purpose company called HyNet to lead construction of hydrogen charging infrastructure. The 13 companies involved have together invested 135 billion won (118.7 million USD).
Weiterlesen
Korea presents hydrogen economy plan
A new plan by the South Korean government to build a hydrogen economy includes a massive increase in the number of fuel cell vehicles produced in the country. While only around 2,000 such vehicles were built by 2018, the number is expected to rise to 100,000 by 2025.
Weiterlesen
More than $300 billion to flow into e-mobility
Car manufacturers plan to invest more than 300 billion dollars in electric mobility over the next five to ten years. This is the result of a Reuters analysis based on public company data. China accounts for around 45 percent of investment plans.
Weiterlesen
SK Innovation plans massive increase in battery cell production
The battery cell manufacturer SK Innovation plan to increase their global battery cell manufacturing capacity more than ten-fold over the next four years. The news broke only days after SK-customer Daimler announced that they plan to procure battery cells in a volume worth 20 billion euros by 2030.
Weiterlesen
South Korea to boost electric vehicle industry
The South Korean government announces plans to advance e-mobility both at home and abroad. Local EV subsidies are to help bring the number of electric vehicles in Korea to 430,000 BEVs and 65,000 FCEVs by 2022. Moreover, manufacturers will receive support to multiply ZEV exports.
Weiterlesen
Hyundai goes full steam ahead on fuel cell systems
The Hyundai Motor Group has presented the roadmap for its “FCEV Vision 2030”. And the roadmap is ambitious: Hyundai and Kia plan to increase their annual production capacity for fuel cell systems from what is currently 3,000 units, up to a whopping 700,000 units by 2030.
Weiterlesen
Hyundai and SK Networks retrofit gas station for charging
Hyundai has signed a statement of intent with SK Networks in order to set up charging stations across South Korea. The chargers will include some high power charging units as well.
Weiterlesen
SolarEdge acquires large swath of Kokam
The Israeli company SolarEdge Technologies has taken over large parts of the South Korean battery and energy storage specialist Kokam. The transaction sum is said to stand at 88 million dollars.
Weiterlesen
Samsung’s robot charging unit EVAR (video)
Electric car enthusiast Bjørn Nyland has tracked down a robot that is a bit bizarre. The Electric Vehicle Automatic Recharging (EVAR) device serves at the Samsung C-lab in South Korea, and of course, there is a video.
Weiterlesen
SK Innovation delaying pouch battery cells
SK Innovation of Korea is delaying the introduction of their expected new EV battery cells. The pouch NCM batteries of type 811 had been planned since a year but so far, they are only being utilised in energy storage systems and larger EVs.
Weiterlesen
Fully electric Niro available in South Korea
Kia has started selling their Niro EV in South Korea. The European premiere will take place at the Paris Motor Show, and will be available before the end of the year.
Weiterlesen
Korea granting full subsidies to electric buses by BYD
China’s BYD is becoming a serious player on the market home to Hyundai and Kia. In Korea, BYD electric buses are fully eligible for the electric vehicle subsidy. They have thus become very competitively priced, much to the dismay of the local industry.
Weiterlesen