Samsung Electronics Co. will replace around 800 corporate vehicles with environmentally-friendly ones by 2030, based on its green mobility agreement with the environment ministry.
The South Korean tech giant's partner companies and suppliers will also switch about 2,000 cars to environment-friendly vehicles by 2030.
Samsung and its vendors will first replace about 600 vehicles by 2023 and 1,900 cars by 2025.
Samsung will also limit diesel car use at its five South Korean semiconductor business sites beginning this month.
The environment ministry will subsidize Samsung's replacement of its cars with electric vehicles or hydrogen-powered cars and support the installation of its charging stations.
Samsung expects the shift to green vehicles to reduce an annual 6,200 tons of carbon dioxide emissions and other pollutants.


Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 



