Electric vehicle industry

South Korea’s Plan to Boost Its Electric Vehicle Industry

The South Korean government has set high goals for its electric vehicle industry over the next ten years, and is making heavy investments in both the vehicles themselves and in the infrastructure necessary to support them. The government announced late last year that it would be providing the equivalent of about $900 million in subsidies for…

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Electric Vehicle Battery

Innovation is the Key to Electric Vehicle Battery Market Growth

The global electric vehicle battery market is experiencing a strong and steady growth, primarily driven by the boom of global hybrids and electric vehicle market over the recent years. In order to further compete with conventional petrol or diesel engine cars in today’s automotive industry, the development of electric vehicle battery technologies has been focusing…

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Electric cars

Future is Electric : How to dominate a market that is slowly acquainting with electric cars?

Electric cars represent the next and ecologically responsible evolution of modern day cars. Already an intently invested topic, electric car manufacturers are betting on this technology to gain rapid prominence in light of depleting fossil fuel reserves and incremented global pollution levels. However, as a vendor, you are walking into a market that offers many…

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