Green Car Congress

JANUARY 11, 2021

We more than tripled sales of our plug-in hybrids and all-electric cars. Sales of plug-in hybrids almost quadrupled to more than 115,000 units. kWh/100 km) achieved sales of about 1,700 vehicles. With sales of 2,164,187 units (-7.5%), Mercedes-Benz maintained a leading global position compared with its core competitors.

Mercedes 301

Mercedes 2020 Sale Global 301

Green Car Congress

JANUARY 16, 2019

China’s market is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019. Broader macroeconomic factors (higher interest rates and slowing consumer spending) will also impact global sales. BNEF expects North America sales to come in around 425,000 units, up modestly from 405,000.

2019 392

2019 Global Sale South Korea 392

Green Car Reports

DECEMBER 29, 2016

South Korea currently offers electric-car subsidies, but only to shorter-range vehicles. This somewhat unusual provision was put in place in 2012, the government says, to encourage sales of electric cars with convenient charging times.

South Korea 86

South Korea Electric Cars Range Vehicles 86

Green Car Congress

OCTOBER 20, 2009

Toyota Motor has begun sales of Toyota-brand vehicles in South Korea at five new dealerships, including three in Seoul, established by TMC’s local distributor Toyota Motor Korea Co., TMC has set an initial combined monthly sales target of 500 vehicles and aims to increase that number to 700 vehicles beginning in 2010.

South Korea 150

South Korea Camry Hybrid Prius Toyota 150

Green Car Reports

JUNE 20, 2015

South Korea electric-car sales have been helped significantly by government subsidies both national and local, but there's still much room for improvement. That's because despite these subsidies, just 850 plug-in cars were sold in South Korea in 2014, leaving the country with around 1,800 on its roads at the end of the year.

South Korea 60

South Korea Electric Cars Cars Plug-in 60

Green Car Congress

MAY 21, 2019

Business Korea reports that sales of Hyundai Motor’s Nexo hydrogen fuel cell vehicle this year reached 1,075 units on May 17, exceeding the 949 units sold for the whole of last year. Of the 1,075 units sold so far this year, 767 were sold in Korea and 308 abroad.

Hyundai 273

Hyundai Hydrogen 2019 Sale 273

Green Car Reports

APRIL 6, 2023

The ramp-up will happen after the EV9 goes on sale in the U.S. in the fourth quarter of this year, with initial units likely sourced from South Korea. Full U.S.

Georgia 155

Georgia Kia South Korea SUV 155

Green Car Congress

JUNE 4, 2009

South Korea plans to raise the fuel economy of locally-made vehicles to surpass future requirements being by the US and Japan, according to the Ministry of Knowledge Economy (MKE). Korea’s fuel efficiency standards are already slated to increase 16.5% in 2012 from the current levels. L/100km)—up from 11.04

South Korea 150

South Korea Fuel Economy Economy Standards 150

Baua Electric

MARCH 4, 2024

Kia Corporation today announced total global sales of 242,656 units in February 2024, a 4.6 Outside of Korea, Kia sold 198,348 units, down 2.8 SUV models led the company’s sales in February, with the Sportage selling 47,643 units globally. The post Kia’s global sales in February down 4.6%

Global 52

Global Sale South Korea Kia 52

Green Car Congress

JULY 20, 2021

Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, and SK materials, one of the world’s top manufacturers of special gases and industrial gases, are forming a joint venture to build a factory for lithium-silicon battery materials in South Korea.

South Korea 221

South Korea Lithium Ion Building Li-ion 221

Green Car Congress

OCTOBER 13, 2014

The MOU establishes a process for appointing Integrated Energy to be the dealer of Detroit Electric products in Jeju Island, South Korea. Sales are expected to commence in the first quarter of 2015, and Integrated Energy will place an initial order of 300 vehicles at the signing of the dealer agreement.

Detroit 240

Detroit South Korea Energy Sale 240

Electric Cars Report

OCTOBER 19, 2023

Following the initial sales launch in South Korea, the new BMW 5 Series Sedan and the first BMW i5 Sedan are now coming to dealers in numerous other markets. In Germany, the first vehicles will be delivered to customers from 21 October 2023.

BMW 104

BMW South Korea Dealers Germany 104

Baua Electric

MARCH 3, 2024

The KEEI said South Korea should work to diversify its key mineral supply chain to lower its dependence on China as part of efforts to strengthen its competitiveness in the EV and secondary battery industries. As of 2022, South Korea had imported most nickel, manganese and cobalt supplies from China, according to the KEEI.

South Korea 52

South Korea Auto Wind China 52

Green Car Congress

JUNE 22, 2009

The Yomiuri Shimbun reported that the government of South Korea will introduce new regulations on the manufacture and sale of products containing lithium-ion batteries on 1 July. The rules reportedly could shut out products using Japanese-made lithium batteries from the South Korean market.

South Korea 150

South Korea Li-ion Lithium Ion Production 150

Green Car Congress

FEBRUARY 7, 2017

Each partner will contribute to this Joint-Venture its respective torque Ccnverter business, located for Valeo at Nanjing (China), Atsugi (Japan), San Luis Potosi (Mexico) and Troy (USA) and located for Kapec in Daegu, Waegwan and Seongju (South Korea). —Jacques Aschenbroich, Valeo’s Chairman and Chief Executive Officer.

South Korea 150

South Korea Convert Kia Hyundai 150

Green Car Congress

MAY 1, 2020

IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 The IHS Markit forecast for Greater China sales in 2020 sees volume at 21.4 market sales forecast is 12.5

Global 150

Global Auto Sale South Korea 150

Teslarati

APRIL 1, 2024

Battery-electric vehicles (BEVs) have surpassed a tipping point of making up 5 percent of overall automotive sales in 31 countries, up from just 19 in 2022, according to data shared by Bloomberg last week. Once enough sales occur, you kind of have a virtuous cycle,” said Corey Cantor, an EV analyst at BloombergNEF.

Bulgaria 143

Bulgaria South Korea Estonia Iceland 143

Electrek

JANUARY 22, 2022

Chinese automotive giant and Volvo/Polestar parent company, Geely, has signed an agreement with the French Renault Group to launch a new collaboration intended to bring fuel-efficient hybrid electric cars to South Korea, as well as export sales into other Asian markets. Korean car market, together appeared first on Electrek.

South Korea 141

South Korea Market Volvo Chinese 141

Green Car Reports

AUGUST 11, 2020

South Korea may exclude Tesla from the list of automakers that qualify for electric-car subsidies as the California transplant racks up sales, The Korea Herald reported Sunday. Between January and June, Tesla accounted for 43% of 209.2 That will likely push.

South Korea 160

South Korea Tesla California Sale 160

Baua Electric

FEBRUARY 29, 2024

Hyundai was recently spotted testing a Lucid Air electric sedan in South Korea, suggesting a high-end Hyundai EV could be in the works. Based on Hyundai’s E-GMP platform, sales of dedicated EVs like the IONIQ 5 and IONIQ 6 continue heating up. A report from Korea’s ET News claims Hyundai is developing a massive 113.2

Hyundai 52

Hyundai South Korea Tax Credit SUV 52

Green Car Congress

MARCH 25, 2021

The index—now in its tenth year—facilitates a comparison of competitive positions of the relevant automotive nations (the US, Germany, China, France, Italy, Japan and South Korea) in the field of e-mobility, based on an objective assessment of those countries in three key areas: technology, market and industry.

Stimulus Package 259

Stimulus Package Stimulus South Korea France 259

Baua Electric

FEBRUARY 1, 2024

Over 1,400 Kia EV9 models were handed over in January, topping the EV6 in US sales. Kia EV9 outpaces EV6 despite record sales month Kia started the year strong, with EV sales growing 57% YOY. Kia’s electric SUV even outsold Toyota’s sole EV, the bZ4X, in its first sales month.

Kia 52

Kia Sale Tax Credit Land Rover 52

Green Car Congress

JANUARY 22, 2021

Sales of HEVs have continued to grow throughout the COVID-19 pandemic despite the downturn of the overall car market. The report gives an in-depth look at the historic HEV market in China, Europe, Japan, South Korea, and the US, with an outlook over the next 20 years.

NiMH 412

NiMH Li-ion Toyota Hybrid 412

Green Car Congress

MAY 18, 2022

On 2 May Hyundai Motor (HMC) notified HMA of a new investigation into recent warranty claims involving certain 2022 model year Hyundai Ioniq 5 vehicles in South Korea. Owner notification letters are expected to be mailed 10 July 2022. 10,729 Ioniq 5s and 9,014 EV6s are potentially involved; Hyundai and Kia estimate 1% with the defect.

Kia 321

Kia Hyundai South Korea North America 321

Green Car Congress

MAY 22, 2013

The index compares the development of e-mobility in seven leading car-manufacturing nations (Germany, France, Italy, US, Japan, China and South Korea) on the basis of three parameters: technology, manufacturing, and market. Forecasts for vehicle sales in China, the US and Japan have been corrected downward.

South Korea 239

South Korea Sale France Plug-in 239

Green Car Congress

JANUARY 9, 2021

Given the fact that Tesla has ambitions to move a portion of cell manufacturing in-house using its own designs/IP in future, securing long-term contracts for LiOH supply at an early stage will be vital to meeting its aggressive demand requirements and defending its enviable market share for EV sales, Roskill said.

Chinese 305

Chinese South Korea North Carolina Tesla 305

Green Car Reports

SEPTEMBER 6, 2018

As part of a sweeping update on General Motors' electric-car plans, CEO Mary Barra announced the company will expand production and sales of the Chevy Bolt EV. At the same time, GM is expanding battery production for the Bolt EV from South Korea to a new factory in Michigan.

South Korea 96

South Korea GM Sale General Motors 96

CleanTechnica EVs

MAY 6, 2022

By Assaf Oron 3rd Place, 62 Points: South Korea (8th In 2020) Years ago, the Korean industry — both automakers and battery makers — saw the EV writing on the wall, and did what Koreans do: […]. This piece continues my annual rundown of the top 10 EV countries in the world! See part 1 if you missed it.

South Korea 98

South Korea Parts Global 2020 98

Baua Electric

JANUARY 3, 2024

lakh unit sales in India during this period. --> Hyundai sold 6.02 lakh unit sales in India during this period. South Korea’s Hyundai Motor Co and affiliate Kia Corp forecast on Wednesday that their combined global sales will rise about 2% in 2024, even as last year’s sales fell short of target.

Kia 52

Kia Hyundai Sale South Korea 52

Green Car Congress

MARCH 5, 2020

Over the next five years, Volvo Cars will launch a fully electric car every year, as it seeks to make all-electric cars 50% of global sales by 2025, with the rest hybrids. Last year, Volvo Cars signed long-term supply agreements with two leading global battery suppliers, CATL of China and LG Chem of South Korea.

Volvo 530

Volvo Manufacturer Batteries Battery 530

Green Car Congress

MARCH 24, 2022

As part of its Dare Forward 2030 strategic plan, Stellantis announced plans to have global annual battery-electric vehicle sales of 5 million vehicles by 2030, reaching 100% of passenger car BEV sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in North America.

Canada 199

Canada North America South Korea Energy 199

Green Car Congress

JULY 20, 2011

In addition, Chevrolet set record first-half sales in many countries, including Argentina, Brazil, Chile, China, Colombia, Denmark, Ecuador, France, South Africa, and Turkey. For the first half of 2011, Chevrolet recorded sales gains in all of its top five markets, including: The United States, up 16%; Brazil, up 0.4%

Chevrolet 252

Chevrolet Global South Korea Sale 252

Teslarati

NOVEMBER 9, 2023

Tesla has reportedly registered its name with the government, and it was published on September 28 with its intentions in the country being “the import, export, manufacturing, marketing, distribution, and sale of vehicles, especially electric vehicles.”

Chile 142

Chile South America Tesla South Korea 142

Green Car Congress

AUGUST 4, 2023

Nexeon has secured a site for its first commercial volume silicon anode material plant in Gunsan, South Korea, utilizing existing available land adjacent to materials company OCI ’s facilities. With more than 60 years of chemical and material development experience, and annual sales of more than $3.6

Commercial 150

Commercial Lithium Ion South Korea Production 150

Green Car Congress

SEPTEMBER 7, 2016

The main contribution towards this increase came from the strong rise in unit sales of SUVs of approximately 40% during the month, which also saw the company deliver its four-millionth SUV since market launch. Since 2011, unit sales of SUVs have more than doubled. Their popularity is rising year on year.

SUV 150

SUV Mercedes Sale Taiwan 150

Baua Electric

JANUARY 3, 2024

Kia EV9 sales nearly doubled that of Toyota’s electric SUV in its first full month on the US market. Kia opened EV9 pre-orders in October after seeing “significant consumer interest,” according to the brand’s VP of sales, Eric Watson. Kia EV9 sales reached 1,113 in the US last month. YOY despite overall sales rising over 22%.

Sale 52

Sale Kia Hyundai South Korea 52

Teslarati

MARCH 15, 2024

In October 2023, after LGES announced its Q3 2023 earnings, the South Korean company warned of slowing revenue in 2024. The battery manufacturer warned of global economic uncertainties that might affect electric vehicle sales. LG Energy Solution also operates battery manufacturing factories in South Korea, Poland, and China.

Energy 90

Energy South Korea Batteries Battery 90