South Korea to mass produce EVs in 2011

South Korea plans to speed up mass production of electric vehicles (EVs), the government said. The plan, outlined at a meeting of economic policymakers chaired by President Lee Myung-bak, calls for full-scale production of electricity-driven cars in the second half of 2011, from the original target date of 2013. The Ministry of Knowledge Economy said that the new goal can permit the country to better meet stringent car emission standards being implemented abroad, cope with high fuel prices and allow the country to pursue low-carbon growth that is vital for sustainable growth. (October 8, 2009)