Tag: South Korea

Sep 10, 2019 - 02:31 pm

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.

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Sep 2, 2019 - 12:23 pm

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.

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Aug 28, 2019 - 03:50 pm

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.

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Aug 13, 2019 - 02:40 pm

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.

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Jul 25, 2019 - 03:10 pm

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.

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Jul 22, 2019 - 03:35 pm

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.

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May 30, 2019 - 06:12 pm

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.

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May 14, 2019 - 12:17 pm

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.

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May 2, 2019 - 12:18 pm

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).

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Apr 30, 2019 - 03:42 pm

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.

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Apr 16, 2019 - 07:02 pm

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.

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Apr 10, 2019 - 09:51 pm

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.

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Apr 10, 2019 - 01:14 pm

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.

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Mar 28, 2019 - 03:02 pm

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.

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Mar 11, 2019 - 03:09 pm

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).

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Jan 17, 2019 - 01:37 pm

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.

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Jan 11, 2019 - 05:59 pm

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.

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Jan 2, 2019 - 06:22 pm

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.

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Dec 18, 2018 - 03:25 pm

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.

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Dec 11, 2018 - 04:50 pm

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.

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Oct 12, 2018 - 03:51 pm

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.

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Sep 19, 2018 - 03:13 pm

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.

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Aug 6, 2018 - 05:58 pm

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.

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Jul 5, 2018 - 03:55 pm

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.

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Found on electrive.com
https://www.electrive.com/2019/09/10/stop-talking-start-doing/
10.09.2019 14:56