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30 pct of Eco-friendly Vehicles are Second Cars: Lawmaker

30 pct of Eco-friendly Vehicles are Second Cars: Lawmaker

SEJONG, Oct. 4 (Korea Bizwire) — The government offers subsidies when citizens decide to buy eco-friendly vehicles. However, 3 out of every 10 government-supported vehicles are second cars. In an annual parliamentary audit conducted by the Ministry of Environment Wednesday, Rep. Jeon Hyun-hee of the ruling Democratic Party said that the public tends to have [...]

SK Siltron to Acquire DuPont’s Wafer Business for $450 mln

SK Siltron to Acquire DuPont’s Wafer Business for $450 mln

SEOUL, Sept. 10 (Korea Bizwire) — SK Siltron Co., a semiconductor material producer under SK Group, said Tuesday it will acquire DuPont’s wafer business as part of efforts to beef up its advanced material business. SK Siltron said its board members approved a plan to purchase DuPont’s silicon carbide (SiC) wafer business for US$450 million. [...]

Technology for Compact, Safe Batteries for EVs Developed

Technology for Compact, Safe Batteries for EVs Developed

SEOUL, Jun. 17 (Korea Bizwire) — A South Korean research institute said Monday that it has developed a technology to make solid-state batteries that are very compact and safe for use in next generation electric cars and energy storage systems (ESSs). The all-solid battery replaces the liquid electrolyte found between the positive and negative poles [...]

EV Charger Certification to Prevent Manipulation of Charging Fees

EV Charger Certification to Prevent Manipulation of Charging Fees

SEOUL, May 28 (Korea Bizwire) — Chargers for electric vehicles (EV) will now be required to acquire certification for a legal meter in order to prevent manipulation of the charging fees. The Korean Agency for Technology and Standards announced that it will set the standards for the certification to ensure that EV chargers will be [...]

Seoul to Increase Hydrogen Cars to Nearly 6,400 This Year

Seoul to Increase Hydrogen Cars to Nearly 6,400 This Year

SEOUL, May 10 (Korea Bizwire) — South Korea will sharply increase the number of hydrogen fuel-cell electric passenger cars to nearly 6,400 this year, the trade ministry said Friday. The target marks a big leap from some 890 units last year and underscores Seoul’s broader efforts to promote hydrogen vehicles amid stricter regulations on gas-guzzling [...]