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S. Korea Changes Subsidy Scheme for Eco-friendly Autos

S. Korea Changes Subsidy Scheme for Eco-friendly Autos

SEJONG, Jan. 20 (Korea Bizwire) — South Korea’s finance and environment ministries said Monday that they have changed a state subsidy scheme for eco-friendly vehicles to allow buyers of efficient cars to get larger subsidies from this year. Currently, the state subsidy is calculated on an electric car’s battery capability. Under the revised subsidy program, [...]

Microvast Wins the Prestigious R&D100 Award

Microvast Wins the Prestigious R&D100 Award

STAFFORD, Texas, Dec. 6 (Korea Bizwire) — Microvast, Inc., a technology innovator of Li-ion battery solutions, took home a marquee award for developing disruptive battery technologies essential to the electric vehicle industry.  For the past 56 years, R&D 100, coined the “Oscars of Innovation,” recognizes revolutionary technologies recently introduced to the market. On Dec 5, [...]