SEOUL, Jul. 18 (Korea Bizwire) – In a significant shift in South Korea’s electric bus market, domestically produced vehicles have captured nearly 60% of new registrations in the first half of 2024, marking a pause in the rapid expansion of Chinese electric buses in the country. According to data released on July 17 by the Ministry [...]
SEOUL, Jul. 18 (Korea Bizwire) – Samsung Electronics and Tesla have officially rolled out their jointly developed energy management service, marking a significant step in smart home technology integration. As of late last month, Tesla users in the United States can now utilize Samsung’s SmartThings Energy platform to monitor their Tesla solar panel power production, remaining [...]
SEOUL, Jul. 17 (Korea Bizwire) — Samsung Electronics Co. has launched an energy management service for electric vehicles of Tesla Inc. in the United States as part of their strategic partnership aimed at enhancing connectivity at home, industry sources said Wednesday. Samsung Electronics’ SmartThings Energy platform is now available for Tesla drivers in the U.S., [...]
SEOUL, Jul. 11 (Korea Bizwire) – In a move that could reshape the electric vehicle charging landscape in North America, Toyota, the world’s largest automaker, announced on July 10 its decision to invest in Ionna, a joint venture formed by seven major global car manufacturers to build an extensive EV charging network. Ionna, established last [...]
SEOUL, Jul. 10 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp., South Korea’s leading automakers, are aiming for a rebound in domestic electric vehicle (EV) sales in the second half of the year with reasonably priced new entry-class compact models. According to industry data, Hyundai Motor sold a total of 16,842 EVs domestically in [...]
SEOUL, Jul. 9 (Korea Bizwire) — Hyundai Motor Co., South Korea’s largest automaker, on Tuesday started receiving preorders for the company’s Casper Electric mini SUV in South Korea, the company said. The company said it has started accepting preorders for the long-range “Inspiration” variant of the Casper Electric, which was unveiled at the Busan International [...]
SEOUL, Jul. 4 (Korea Bizwire) — Full-fledged production of Casper Electric, Hyundai Motor Co.’s highly anticipated all-electric mini SUV, will begin in South Korea’s southwestern city of Gwangju later this month, according to industry officials, with a target output of 21,400 units by the end of the year. Gwangju Global Motors (GGM), a Hyundai Motor [...]
SEOUL, Jul. 3 (Korea Bizwire) — Trade Minister Cheong In-kyo said Wednesday that South Korea hopes to expand economic ties with Indonesia in areas ranging from electric vehicles (EVs) to clean energy. Cheong made the remark during his visit to Jakarta, where he attended a ceremony marking the production of Hyundai Motor Co.’s electric vehicles [...]
SEOUL, June 28 (Korea Bizwire) – LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Friday it has suspended the construction of a battery production line for energy storage systems (ESS) in its Arizona plant. In April, LGES began the construction of the US$5.5 billion battery plant to produce 46-Series cylindrical batteries for [...]
BUSAN, Jun. 26 (Korea Bizwire) –Hyundai Motor Company has lifted the veil on its Casper Electric vehicle at the Busan Mobility Show, presenting what it calls a new standard for electrification and reaffirming its commitment to a hydrogen-based ecosystem. The South Korean automaker announced on June 27 that it would participate in the show, running [...]
