JEJU, Apr. 29 (Korea Bizwire) – Researchers in South Korea are exploring a promising approach to make carbon capture and utilization (CCU) technology more environmentally friendly by powering the energy-intensive process with electricity instead of fossil fuels. At a symposium held on April 25 at the Jeju International Convention Center by the Korean Institute of Chemical [...]
BUSAN, July 14 (Korea Bizwire) — Once touted as touchpoints where the auto industry gathered to promote new vehicles and technologies, South Korea’s traditional auto shows are on the wane and in need of an overhaul as more automakers turn to electrification. In recent years, global auto shows have been cancelled, scaled down or made [...]
SEOUL, Dec. 28 (Korea Bizwire) — Hyundai Motor Group is speeding up the shift towards electrification by abolishing the engine development center within its research and development (R&D) headquarters. According to industry sources, the group carried out a top-to-bottom restructuring of its R&D headquarters by transitioning the existing powertrain organization into an electrification development unit [...]