Korea Joongang Daily
Korea JoongAng Daily

Gov't to require disclosure of EV battery brands, conduct prior safety checks

The government said Friday it will conduct prior safety checks on electric vehicle (EV) batteries and require EV makers to disclose their battery brands to address public concerns about spontaneous fires in EVs.

2024-09-06

Jeep Avenger EV brings heritage into new era, at a price

The Jeep Avenger EV has rugged looks and a durable interior, but the performance doesn't match the price tag.

2024-08-31

Korean parking lots begin refusing electric vehicles

A notice stuck on a parking tower surface in Mapo District, southern Seoul, on Wednesday reads "Electric vehicles are not allowed to enter the parking tower. Electric vehicles should use the outdoor parking lot behind."

2024-08-07

Gov't outlines policy for installation of used batteries in EVs

The government outlined its policy for the used battery market, which classifies them according to suitability for installation in EVs, other battery products or mineral extraction.

2024-07-10

Korea vows 'close talks' with France after EV subsidies snub Korean cars

The Ministry of Trade, Industry and Energy has vowed to negotiate with the French government regarding the exclusion of domestically produced EVs from its new subsidy policy.

2024-02-02

Hyundai Glovis invests in local EV battery recycling firm

Hyundai Glovis, the logistics unit of Hyundai Motor Group, has agreed to invest an undisclosed amount into a local EV battery recycling company.

2024-01-22

Imported EV sales in Korea reach all-time high

Sales of imported electric vehicles (EVs) in Korea achieved a record high for the January to November period.

2023-12-08

U.S. senator urges Treasury Department to tighten EV tax credit standards to preclude China

A U.S. senator urged the “strictest possible” standards to preclude Chinese battery firms from getting electric vehicle (EV) tax credits, while expressing concern over their pursuit of joint ventures in Korea and Morocco.

2023-11-14

[NEWS IN FOCUS] EVs show sluggish sales with shrinking tax credits

Electrifying Korean roads may become more difficult, with the growth of EV sales slowing down due to dwindling tax credits and a lack of charging infrastructure.

2023-08-30

Korea's EV investment tax credit going to a maximum 35 percent

Electric vehicle (EV) manufacturing investments could soon be qualified for tax credits totaling 35 percent, the Korea government said Tuesday.

2023-05-09