Exports of eco-friendly vehicles by Korean automakers jumped by 47 percent in the first four months of 2021 on year on strong demand for hybrids.
Korean companies are hoping to gain significant share in the light emitting diode (LED) business and the opportunity is in electric vehicles (EVs).
The Export-Import Bank of Korea signed a 3-trillion-won ($2.7 billion) program to help Hyundai Motor and its smaller partners develop the so-called future mobility industry.
The U.S. International Trade Commission (ITC) ruled in favor of SK Innovation in a patent dispute with LG Energy Solution, throwing a spanner in a tussle between the two Korean battery makers that had been going LG Energy's way.
Drivers charge their electric vehicles (EVs) at Hyundai EV Station in Gangdong District, eastern Seoul, on Monday.
Q. Why are we expecting 2021 to be a big year for electric vehicles (EVs)?
Electric vehicles (EVs) have been around for a while, but they've always been a minor player on Korean roads.
CJ Logistics converted four of its diesel delivery trucks to electric vehicles (EVs) and opened two EV charging stations as part of its push to go green.
Hyundai Motor Group and LG Chem will collaborate on a system to recycle used electric vehicle (EV) batteries under regulatory approval granted by the Ministry of Trade, Industry and Energy on Monday.
Posco International is collaborating with domestic automobile parts manufacturer AMS to supply car parts to a Vietnamese automotive manufacturer VinFast for the company’s first electric vehicles.