south korea

Renault SA will debut South Korea's first mass-produced battery-electric vehicle when it starts selling an all-electric version of its SM3 to the public in 2013, the Korea Herald reported, citing an interview with Francois Provost, CEO of the company's Renault Samsung division in South ...

Hyundai Motor Group, the parent of both South Korean automakers Hyundai Motor Group and Kia International, will boost investment in facilities, research and development by 16 percent this year largely on its efforts to develop more fuel efficient engines for the two automakers. Hyundai Motor ...

Daewoo has launched an eAssist version of the company's Alpheon model (LaCrosse here in the States) in Korea. The hybrid manages to deliver 25 percent better fuel economy than the standard gasoline model while reducing emissions by 22 percent. That's thanks to a small electric motor and ...

Where will the electric 2013 Chevrolet Spark be built? Well, if you asked that question of General Motors, then this is the answer you'd likely receive: No location of production has been decided yet. Those are the quoted words of a GM Korea spokesman, according to Ward's Auto. If, however, ...

For the first time ever, South Korean manufacturers of lithium-ion batteries slipped past their Japanese counterparts to grab hold of the most substantial wedge of the li-ion segment. The shift took place in the April-June period, according to report by the Nikkei. The Nikkei says Japan's ...

Japan and Korea are boosting monies spent on research and development in an attempt to grab hold of the number one spot in the rapidly heating up lithium-ion battery segment. Japanese news outlet the Nikkei reports that Japan will increase its li-ion-related spending because South Korea is ...

The government of South Korea once had a plan to develop a mid-size, all-electric sedan by the year 2017. It doesn't take much more than elementary math to realize that's six years away. Given that 10,000 Nissan Leafs are already ...

With demand for lithium-ion batteries climbing worldwide, Japan could soon lose hold of its spot at the top of the industry. Facing stiff competition from China and South Korea, Japan is battling to stay ahead. The Japanese company Kureha, for example, holds a 70 ...

Recently, SK Innovations – formerly known as SK Energy – held a groundbreaking ceremony for its automotive lithium-ion battery manufacturing facility in Seosan, South Korea. Slated for ...

Earlier today, Hyundai announced that it aims to sell 11,000 Sonata Hybrids in its home market of South Korea by the end of 2011, as soaring gas prices have stoked demand for fuel-efficient vehicles. Additionally, Hyundai has set its South Korean sales target for the Sonata Hybrid at 18,000 ...