Hyundai Motor Company and LG Chem are pushing for a plan that will establish a joint venture company for electric vehicles in South-East Asia. Indonesia is considered as a top candidate. There are common interests amongst companies and the government involved as Hyundai Motor Company is constructing a automobile factory in order to target the… Continue reading Hyundai Motor Company and LG Chem Pursue a Joint Venture Battery Company in Indonesia
Author: ET News Online News
Hyundai Motor Company Planning to Launch Vehicle to Grid Electric Vehicles
Hyundai Motor Company is planning to launch V2G (Vehicle to Grid) electric vehicles that can use electricity stored in a battery of another electric vehicle.Not only V2G system can reduce maximum amount of electricity used by buildings by supplying electricity, it can also prevent power outage and even resell electricity. Basically, a vehicle will act… Continue reading Hyundai Motor Company Planning to Launch Vehicle to Grid Electric Vehicles
Mintech Drawing Eyes with Its Battery Diagnosis Technology
There is a venture capital-backed company called Mintech in Yuseong Techno Valley, which is about a 20 minute drive from Daejeon Station and is like a center of South Korea’s cutting-edge technologies, that is currently working on technologies that may prove to be very valuable electric vehicles. Mintech was established in 2015 and it is… Continue reading Mintech Drawing Eyes with Its Battery Diagnosis Technology
Hyundai Motor Company to Equip Its Next “G90” with Two LiDAR Sensors
Hyundai Motor Company is planning to equip its next-generation Genesis “G90” with two “LiDAR (Light Detection and Ranging) sensors that will be the first within the global automotive industry. Two LiDAR sensors will be able to provide the level 3 of autonomous driving along with previous camera and radar sensors and Hyundai’s own control algorithm.… Continue reading Hyundai Motor Company to Equip Its Next “G90” with Two LiDAR Sensors
Korea Electric Power Corporation Starts to Expand Its Business in Electric Vehicle Charger towards Areas That Are Mostly Made up of Small Private Companies
Korea Electric Power Corporation (KEPCO) has become a South Korean business with the most charging stations for electric vehicles.It already owns the most charging stations in South Korea although it feels like it just started installing charging stations in order to resolve blind spots according to the South Korean Government’s policy on supply of electric… Continue reading Korea Electric Power Corporation Starts to Expand Its Business in Electric Vehicle Charger towards Areas That Are Mostly Made up of Small Private Companies
SK Innovation to Supply Electric Vehicle Batteries to BAIC
SK Innovation is planning to supply electric vehicle batteries to China’s BAIC Group. As it looks to actively target the Chinese market, which is the world’s biggest market for electric vehicle, it has prepared a turning point to increase its market shares within the global electric vehicle market separated from its lawsuit with LG Chem… Continue reading SK Innovation to Supply Electric Vehicle Batteries to BAIC
Kia Motors to Use Volkswagen’s Electric Vehicle Charging Infrastructure within the U.S.
Kia Motors is planning to work with Volkswagen Group, which is currently operating the biggest charging infrastructure in the U.S., in order to expand its electric vehicle business within the North American market. This collaboration is drawing eyes as it is the first case of collaboration between two electric vehicle competitors.According to the industry, Kia… Continue reading Kia Motors to Use Volkswagen’s Electric Vehicle Charging Infrastructure within the U.S.
Hyundai Motor Company to Push for an Electric Vehicle Battery Lease Business
Hyundai Motor Company and LG Chem, Hyundai Glovis, KST Mobility (Macaron Taxi) are pushing for South Korea’s first electric vehicle battery lease business.This business model will lower financial burden of purchasing electric vehicles that are at least 30% more expensive than equivalent diesel locomotives and consider back-end industries related to battery exchange and reuse of… Continue reading Hyundai Motor Company to Push for an Electric Vehicle Battery Lease Business
Hyundai Motor Company to Build World’s Biggest “Superfast Electric Vehicle Charging Station” in Seoul
Hyundai Motor Company is planning to open the world’s biggest superfast electric vehicle charging station in Seoul sometime during the first half of this year.It will also be the first time when an electric vehicle charging station will replace a spot where a large gas station used to be. This charging station will be able… Continue reading Hyundai Motor Company to Build World’s Biggest “Superfast Electric Vehicle Charging Station” in Seoul
South Korean Government Allows Flow Battery to Be Used for ESS
South Korean Government has prepared a system that will allow VRFB (Vanadium Redox Flow Battery), which has zero chance of causing a fire, to be used within the ESS (Energy Storage System) market tied to new renewable energy. There is also a company that announced that it would enter relevant markets. It is expected that… Continue reading South Korean Government Allows Flow Battery to Be Used for ESS