New Electric Vehicles in the Second Half of the Year in Korea Domestic and international automakers are competitively introducing over 10 new models into the sluggish electric vehicle market. These range from affordable compact cars in the 20 million KRW range to luxurious sports cars priced around 200 million KRW, aiming to broaden consumer choices and address temporary demand stagnation. https://n.news.naver.com/mnews/article/030/0003220480 Hyundai will begin pre-orders for the affordable electric vehicle 'Casper Electric' this month, equipped with a nickel-cobalt-manganese (NCM) battery. The long-range version of the Casper Electric, which features a 49 kWh battery, offers a driving range of up to 315 km on a single charge. Priced starting from the high 20 million KRW range, it is expected to contribute to the popularization of electric vehicles. https://n.news.naver.com/mnews/article/030/0003220480 Kia is set to launch the compact electric sports utility vehicle (SUV) 'EV3' as soon as it completes the certification process. The price starts in the 40 million KRW range, with the actual purchase price likely to be in the 30 million KRW range after all subsidies are applied. https://n.news.naver.com/mnews/article/030/0003220480 Volvo will begin the full-scale launch of the EX30 this month. The compact electric SUV EX30 starts at the high 40 million KRW range and guarantees a driving range of 404 km. https://n.news.naver.com/mnews/article/030/0003220480 The compact car brand MINI will sequentially introduce two electric vehicle models: the Cooper Electric and the Countryman Electric. These models feature fresh designs and new technologies, such as a circular organic light-emitting diode (OLED) display, and achieve a driving range in the 300 km range. Both models are priced in the 50 million KRW range. In promoting eco-friendly vehicles, government budget support is focused on the 'new car purchase subsidy'. This system involves the government and local authorities subsidizing a portion of the vehicle price when purchasing eco-friendly vehicles. Opportunities to utilize this system are expected to increase further. #ElectricVehicles #GreenTechnology #SustainableMobility #EVMarket #RenewableEnergy #친환경차 #신재생에너지 #전기차시장 All rights Reserved Stay14 Bespoke
