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Hyundai Motor to Produce Hydrogen Commercial Cars in China

Hyundai Motor to Produce Hydrogen Commercial Cars in China

SEOUL, Jan. 25 (Korea Bizwire) — Hyundai Motor Co. said Saturday it will produce hydrogen fuel-cell electric commercial vehicles in its Chinese plant to make inroads into the local electric vehicle market. In the China EV100 Forum held in Beijing from Jan. 10-12, Executive Vice President Lee In-cheon, head of Hyundai’s Commercial Vehicle Business Division, [...]

EV Models Reach Over 40 pct of Hyundai, Kia Eco-friendly Car Sales

EV Models Reach Over 40 pct of Hyundai, Kia Eco-friendly Car Sales

SEOUL, Dec. 9 (Korea Bizwire) — Electricfied models reached over 40 percent of Hyundai Motor Co. and Kia Motors Corp.’s environmentally friendly vehicle sales in the January-October period, an automobile association said Monday. In the first 10 months, Hyundai and Kia sold a combined 291,237 eco-friendly models in global markets, according to the data from [...]

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 [...]