Hyundai, Kia Team Up with Jeju Provincial Gov’t to Promote Vehicle-to-Grid Commercialization

SEOUL, May 10 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp. are taking steps to bring about the vehicle-to-grid (V2G) commercialization era. V2G refers to the technology of using idle battery power by connecting electric vehicles to the power grid. The two companies signed a business agreement with Hyundai Capital Services Inc., an [...]