Reading Time: 2 minutes South Korea has set a goal to capture 12% of the global electric vehicle (EV) market by 2030. This is an ambitious target, but there are several factors that support the country’s ability to achieve it. As per industrial reports, South Korea can capture 12% of the global electric vehicle (EV) market by 2030, but requires sustained effort and continued support from the government and … Continue reading South Korea aims to garner 12 percent of the world’s EV market by 2030
Reading Time: 3 minutes One of the biggest and most developed markets in the world for electric vehicle (EV) batteries is South Korea. Several of the world’s top battery manufacturers, including LG Chem and SK Innovation, which are among the biggest manufacturers of lithium-ion batteries worldwide, are based in South Korea. To help the EV industry expand, these businesses have made large investments in the creation of cutting-edge battery … Continue reading What is the EV battery market scenario in South Korea?
Reading Time: 2 minutes The electric vehicle (EV) market in the UK and Germany is rapidly growing, driven by government incentives, improved infrastructure, and increased consumer awareness of the benefits of EVs. The comparisons between the two markets: While Germany has a larger automotive industry and a more established electric vehicle market, the UK is catching up quickly and has made significant investments in charging infrastructure and promoting the … Continue reading Comparison of the EV market in the UK and Germany
Reading Time: 2 minutes The Peugeot e-3008 SUV is an electric version of the popular Peugeot 3008 SUV. It was first introduced in 2019 and features a 50 kWh battery that provides a range of up to 316 kilometers (196 miles) on a single charge, according to WLTP standards. The e-3008 SUV is powered by an electric motor that delivers 136 horsepower and 260 Nm of torque and can … Continue reading What’s with the Peugeot E-3008 SUV?
Reading Time: 2 minutes In 2020, Wattif EV a Finnish electric vehicle start-up was founded with the mission of providing sustainable and affordable electric mobility solutions. The company is working on developing electric cars and scooters with the goal to offer products that are both environmentally friendly and accessible to everyone. Wattif EV’s first product is an electric scooter called “Wattif S”, designed for urban commuting. The company is … Continue reading WattifEV: Redefining Electric Vehicles
Reading Time: 2 minutes In recent years, the use of in-vehicle entertainment systems has significantly increased in both China and the United States, where the infotainment business is a fast-expanding industry. Yet it’s important to note that the two markets differ significantly in certain important ways. The size of the market is one of the main distinctions. With a total market value of more than $20 billion in 2020, … Continue reading The infotainment market comparison between China and USA
Reading Time: < 1 minutes As per industrial reports, South Korea can capture 12% of the global electric vehicle (EV) market by 2030, but requires sustained effort and continued support from the government and industry such as: Source: The Korean herald Continue reading Is 12% of the global EV market by S.Korea possible?
Reading Time: < 1 minutes The key comparisons for strengths and challenges for each electric vehicle’s market in China, South Korea, and Japan are: In my opinion, each country has its own unique strengths and challenges. The current scenario can change at any time by implementing any type of innovative policies or incentives to drive further market growth. Source: The Korean Herald, Bloomberg, MMR Continue reading The EV market comparison of China, South Korea, and Japan
Reading Time: 2 minutes South Korea is one of the key contenders when it comes to EV or battery market business related to the electric vehicle industry. Factors such as streamlining regulations and standardization, investing in manufacturing and supply chain development, providing tax benefits and incentives to EV purchasers, expanding EV charging infrastructure in rural areas, and building a strong partnership between the public and private sectors are some … Continue reading What can India learn from the South Korean EV market?
Reading Time: 3 minutes One of the most mature and well-developed markets in Asia. A strong automotive industry, led by companies such as Hyundai and Kia. Along with a strong focus on the battery industry by companies such as LG Chem and SK Innovation. The South Korean government in recent years implemented various policies supporting EV growth in the market such as incentives for manufacturing, research and development, and … Continue reading Comparison of the South Korean EV market with major global players and its competitive advantages