India now has 25,202 public charging stations for EVs: Minister
As many as 25,202 public charging stations for electric vehicles (EVs) have been installed in the country to date, the government said on Friday.
South Korea’s exports of eco-friendly vehicles surged 32.5 percent on-year to a record high during the first 11 months of this year on solid global demand for electric vehicles (EVs), data showed on Sunday.
The export volume of eco-friendly automobiles came to 662,307 units during the January-November period, compared with 499,854 units a year earlier, according to the data by the Korea Automobile and Mobility Association.
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The number for the entire 2023 is expected to surpass 700,000 for the first time ever, officials said, reports Yonhap news agency.
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Last year, the export volume of eco-friendly cars reached a record high of 554,000, and the value also hit an all-time high of $1.61 million.
This year’s sales growth was driven by the popularity of EVs and hybrid models.
Of the total eco-friendly vehicles sold this year, 316,654 were EVs, followed by 283,685 units of hybrid models and plug-in hybrid cars with 61,694.
Sales of EVs surged 65.7 percent on-year, and hybrid cars saw a 6.5 percent export increase in 2023.
But the country exported 274 units of hydrogen electric vehicles, down 30.8 percent on-year, the data showed.
“The EV industry is a promising sector, but a growing number of countries have been reducing or eliminating subsidies to buyers of South Korean and other foreign brands,” an industry official said, stressing the need for countermeasures.
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