Gov’t to fund development of affordable electric scooters
Published: 14 Jun. 2015, 19:13
Korea will develop a range of small, affordable scooters that operate solely on electricity by 2017.
The vehicles will be priced at under 10 million won ($8,971) and will be suitable for short distances.
The Ministry of Trade, Industry and Energy on Sunday announced that the ministry plans to allocate 5 billion won by 2016 to develop three-wheeled electric vehicles, following a program funding the development of an electric compact car that started last year.
The products are expected to be commercialized after 2017.
It takes up to three and a half hours to charge compact electric vehicles and scooters, less than the six hours it takes to charge regular electric vehicles.
The vehicles will be priced at under 10 million won ($8,971) and will be suitable for short distances.
The Ministry of Trade, Industry and Energy on Sunday announced that the ministry plans to allocate 5 billion won by 2016 to develop three-wheeled electric vehicles, following a program funding the development of an electric compact car that started last year.
The products are expected to be commercialized after 2017.
It takes up to three and a half hours to charge compact electric vehicles and scooters, less than the six hours it takes to charge regular electric vehicles.
with the Korea JoongAng Daily
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