South Korean Government Changes Standards for Payment of Subsidy for Electric Vehicles

Ministry of Environment (ME) has decided to change standards for payment of government subsidy for electric vehicles to ‘first-come-first-served based on registration and release date of cars’ this year. Its standards changed for the first time when they were based on submission of documents for purchase since 2013. It has decided to change standards in… Continue reading South Korean Government Changes Standards for Payment of Subsidy for Electric Vehicles

Hyundai Motor Group to Invest $21.6 Billion into New Businesses for Next 5 Years

Hyundai Motor Group is planning to invest $21.6 billion (23 trillion KRW) into five new businesses such as robot, AI (Artificial Intelligence), Smart Car and others for the next five years and this is the first time when Hyundai Motor Company made its plan to commercialize robot and AI fields official. South Korean Government is… Continue reading Hyundai Motor Group to Invest $21.6 Billion into New Businesses for Next 5 Years

Research Team from POSTECH Develops a Technology That Can Charge 75% of a Battery within 6 Minutes

A research team from Pohang University of Science & Technology (POSTECH, Chancellor Kim Do-yeon) developed an electrode material that can charge up to 75% of a lithium-ion battery within 6 minutes by synthesizing and applying porous inorganic material.POSTECH made an announcement that a research team led by Professor Lee Jin-woo of Chemical Engineering Department developed… Continue reading Research Team from POSTECH Develops a Technology That Can Charge 75% of a Battery within 6 Minutes

Samsung SDI Introduces Many Innovative Products for Electric Vehicle Batteries at Detroit Motor Show

Samsung SDI announced that it introduced many innovative materials and high-tech products for electric vehicle batteries that will popularize electric vehicles at ‘2018 Detroit Motor Show (North American International Auto Show)’, which had its opening day on the 13th at Cobo Center.Concept of its exhibition is ‘Future Starts Today’, which means that future of electric… Continue reading Samsung SDI Introduces Many Innovative Products for Electric Vehicle Batteries at Detroit Motor Show

Hyundai Motor Company and Kia Motors to Introduce New Veloster and Forte for the Very First Time at Detroit Motor Show

‘2018 NAIAS (North American International Auto Show, Detroit Motor Show)’, which is the one of the five biggest motors shows in the world, had its opening on the 13th (U.S. time) in Detroit. This year’s motor show will be opened to media from the 14th until the 16th, will hold preview on the 17th and… Continue reading Hyundai Motor Company and Kia Motors to Introduce New Veloster and Forte for the Very First Time at Detroit Motor Show