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Jeju Aims to be World’s First EV-only Island by 2030

Jeju Aims to be World’s First EV-only Island by 2030

JEJU, Sept. 17 (Korea Bizwire) – Jeju has set a concrete roadmap to be world’s first electric vehicle (EV)-only island by 2030 with the announcement of a long-term comprehensive plan. The island off the southern tip of the Korean peninsula is seeking to become carbon-free by 2030, and to achieve this vision, it will replace all of [...]

Samsung SDI to Show off Battery Technologies at Frankfurt Motor Show

Samsung SDI to Show off Battery Technologies at Frankfurt Motor Show

SEOUL, Sept. 15 (Korea Bizwire) – Samsung SDI, the battery-making unit of Samsung Group, will expand its foothold in the electronic vehicle (EV) market in Europe by participating in the Frankfurt Motor Show that kicked off today. Samsung SDI announced that it joined the 2015 International Motor Show (IAA) in Frankfurt as a supplier of batteries for [...]

Ulleung Island Aims to Do without Carbon Energy

Ulleung Island Aims to Do without Carbon Energy

DAEGU, Sept. 8 (Korea Bizwire) – In 2020, Ulleung Island will become the world largest eco-friendly, carbon-free energy island. According to an announcement from North Gyeongsang Province on September 8, a special purpose corporation will be established to turn the 72.5-square-kilometer island in the East Sea into an energy independent island with renewable energy sources.   The [...]

LG Chem to Supply EV Batteries to Largest Automaker in China

LG Chem to Supply EV Batteries to Largest Automaker in China

SEOUL, Aug. 17 (Korea Bizwire) – By signing a deal to supply batteries for electric vehicles (EV) to the largest automaker in China, LG Chem will accelerate its advance into the emerging EV market. The leading chemicals and battery maker in Korea announced on August 16 that it had signed an agreement with Changan Automobile to supply [...]

Samsung SDI to Team up with Audi to Develop Battery for Electric SUV

Samsung SDI to Team up with Audi to Develop Battery for Electric SUV

SEOUL, Aug. 13 (Korea Bizwire) – Samsung SDI Co., the battery-making unit of South Korea’s Samsung Group, said Thursday it will work with Audi AG to produce the power pack for the German automaker’s new electric-powered sport utility vehicle (SUV), as it moves to expand into the automotive business. The two companies have signed a [...]

Korea to Develop Six New Technologies to Counter Climate Change

Korea to Develop Six New Technologies to Counter Climate Change

SEOUL, August 7 (Korea Bizwire) – To cut carbon emissions that affect climate change, the Korean government will spur the development of core technologies including carbon capture and sequestration (CCS), solar cells and fuel cells. The Ministry of Science, ICT and Future Planning (MSIP) announced on August 6 that it would invest 51.6 billion won to [...]

Power Generation Technology Using Wasted Coffee Grounds Developed

Power Generation Technology Using Wasted Coffee Grounds Developed

SEOUL, Aug. 7 (Korea Bizwire) – Korean researchers have developed a technology to generate electricity from wasted coffee grounds for carbon fuel cells, next-generation high-temperature fuel cells. By taking advantage of the used coffee grounds, the technology is expected to offer new possibilities as an energy source while contributing to environmental protection, by providing stable electric [...]