South Korean battery cell manufacturer SK Innovation as well as Chinese battery giant CATL are planning to set up new plants in China, for the production of batteries for electric vehicles (EVs).

According to an Automotive News Europe report, South Korean automaker Kia Motors is considering the launch of a purely electric version of its Ceed model in 2021.

South Korean automaker Kia Motors has recently presented the plug-in hybrid versions of two of its vehicles --- the Ceed Sportswagon and the XCeed crossover.

In an evident effort to increase the adoption of electric vehicles (EVs) in South Korea, the government has earmarked an amount equivalent of approximately $900 million for new e-mobility subsidies

Seoul - Shares surged 2.3 per cent Thursd

Phnom Penh - Cambodian Prime Minister Hun Sen on Wednesday called on South-East Asian leaders to hold an emergency meeting to agree on a regional strategy to stem the spread of swine flu. "We need to have an emergency meeting of ASEAN (Association of South-East Asian Nations) to address this deadly disease as soon as possible," he told a graduation ceremony at the National Institute of Education in Phnom Penh.

The premier called on ASEAN Secretary General Surin Pitsuwan to organize the meeting and invite health ministers from all member countries.