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Following the development and operation of commercialized OLEV trams (at an amusement park in Seoul) and shuttle buses (at KAIST campus), respectively, the city of Gumi in SouthKorea, beginning on 6 August, is providing its citizens with OLEV public transportation services.
Zhejiang Geely Holding Group and Renault Group have signed a cooperation agreement to launch all-new vehicle lineup for the South-Korean market. Renault-Samsung Motors (RSM) will manufacture Hybrid Electric and Internal Combustion Engine Vehicles in Busan for the local market and for export.
Hyundai Motor Group is winding down development of internal combustion engines, The Korea Economic Daily reported last week. The automaker closed its research and development center for combustion engines in Namyang, SouthKorea, according to the report, which cited industry sources familiar with the matter.
RecycLiCo Battery Materials (formerly American Manganese), has delivered samples of its battery-grade lithium carbonate and lithium hydroxide to battery manufacturers in Japan and SouthKorea. RecycLiCo is committed to helping reduce the environmental impact of lithium mining and production.
In October, Doosan and Ceres announced a strategic collaboration which includes the building of an initial 50MW manufacturing facility for the manufacture under licence of Ceres’ fuel cell stacks in SouthKorea. Marine fuel cells can contribute to compliance with greenhouse gas emissions regulations in the industry.
In conjunction with Samsung Heavy Industries (SHI), the companies’ initial design for an engineless, fuel-cell-powered liquefied natural gas (LNG) carrier has received Approval in Principle (AiP) from DNV, a premier international maritime classification society.
The companies reported their factorys private 5G Reduced Capability (RedCap) network will transmit internal inspection data throughout the facility, speeding up the inspection process and outstripping the performance of the factorys previous Wi-Fi system. We will continue to accelerate its commercialization.
As part of an international collaboration with the International Energy Agency, the US Department of Energy (DOE) launched a new database that includes results of environmental monitoring and research efforts on wave, tidal, and current energy development worldwide.
Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, and SK materials, one of the world’s top manufacturers of special gases and industrial gases, are forming a joint venture to build a factory for lithium-silicon battery materials in SouthKorea.
ARENA is inviting expressions of interest for large-scale renewable hydrogen projects across a range of industries and end uses. ARENA CEO Darren Miller said the funding round is a significant step in progressing the commercialization of hydrogen production in Australia and opening up domestic and international hydrogen market opportunities.
XALT Energy, LLC (formerly known as Dow Kokam) has acquired the assets of MAHY E-Cell, a joint venture between Magna International of America, Inc., a subsidiary of Magna International Inc. a subsidiary of Hyundai Heavy Industries (HHI) of SouthKorea. Magna) of Canada and HHI Battery Co, Ltd.,
Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with SouthKorea, expand international operations, and support the region’s energy security with the expansion of Arabian crude oil supply to Asian markets. Korea National Oil Corporation. GS Holdings.
Kia and Hyundai are unfazed by BYD’s electric vehicles launching in SouthKorea. Earlier this month, Chinese automaker BYD announced it would enter SouthKorea’s passenger car market in 2025. BYD entered SouthKorea’s commercial car market in 2016 but has yet to launch a passenger car there.
SouthKorea-based SK Innovation, a developer of lithium-ion batteries for electric vehicles, will invest $1.67 billion to build a new electric vehicle (EV) battery manufacturing plant in Georgia. SK Innovation has applied high energy density ternary materials to lithium-ion batteries for mass production.
Kia Corporation, a Hyundai Motor Company brand, completed its first electric vehicle (EV) factory in SouthKorea amid a slowdown in the industry. The South Korean automaker renovated its factory in Autoland to build its new EV production facility. The upgraded factory will launch production with the Kia EV3.
The United States is the third-largest electric vehicle (EV) producer behind China and Europe; a new study from the International Council on Clean Transportation (ICCT) finds that the gap has widened. million in 2020, followed by 450,000 in the US and about 110,000 each in Japan and SouthKorea. million nearly matched China’s 1.27
WiTricity, the industry pioneer in wireless power transfer over distance, has entered into a technology licensing agreement with Yura Corporation, a leading SouthKorea-based automotive Tier 1 supplier. Yura is a global supplier of a wide range of automotive parts for conventional vehicles and xEVs.
Axion International, a leading producer of industrial building products and railroad ties made from 100% recycled plastic ( earlier post ), has signed a non-binding Letter of Intent (LOI) with Sicut Holding Limited (previously Micron Inc.
Daewoo Shipbuilding & Marine Engineering analyzed that the application of this system will result in fuel savings of more than 5% based on the Energy Efficiency Design Index (EEDI), which is suggested by the International Maritime Organization (IMO) as an energy saving evaluation measure.
Germany-based international consultancy Rolad Berger had launched a new publication—the “ Automotive Disruption Radar ”—to monitor the radical transformation of the automotive industry being driven by four concurrent megatrends: mobility services, autonomous driving, digitalization and electrification (MADE).
Findings released by international think tank the Global CCS Institute show that the total capacity of carbon capture and storage (CCS) facilities operating and under development grew by 33% world-wide over the last year. In Asia Pacific, we saw national governments in China, Japan and SouthKorea commit to net-zero climate targets.
Following a world survey of the marine industry, Zeus Development Corporation has identified 63 LNG-fueled ships in operation or under development, up from 48 units last December. A key factor is International Maritime Organization Tier III emissions standards, which are slated to take effect in 2015-2016.
Hyundai Motor Group’s Executive Chair Chung Euisun received a medal from the Czech Republic (aka Czechia) for fostering bilateral relations between SouthKorea and the European nation. The legacy car maker’s investments have also enabled SouthKorea and the Czech Republic to exchange technology.
Researchers from Inha University in SouthKorea have proposed a solution to the recently re-ignited debate over the safety (flammability) of R-1234yf, targeted for use as a low global warming potential (GWP) replacement for R134a for mobile air conditioning (MAC) systems. An azeotropic mixture of 88.5-90% 90% R-1234yf and 10-11.5%
By around February, the number of teams participating is expected to be whittled down to four, and formal bidding could begin as early as the summer.Seven teams are expected to participate in the pre-bidding process, hailing from such countries as Germany, France, Spain, SouthKorea and China. Mitsubishi Heavy Industries Ltd.;,
To support the program, Japan’s Ministry of Economy, Trade and Industry will provide ¥1.6 billion ($14 million) in funding to Libtec, a research body whose members include Asahi Kasei and Toray Industries. Toyota Motor, Nissan Motor, Honda Motor, Panasonic and battery maker GS Yuasa will also participate.
The technology’s significant capabilities for hydrogen production are being demonstrated in partnerships with Xcel Energy and Idaho National Labs to harness nuclear and steam power, and will be demonstrated with LSB Industries, Inc. to decarbonize industrial and agricultural sectors.
But it was true what semiconductor engineers in SouthKorea whispered about his former students: They were everywhere. Korea Advanced Institute of Science and Technology (KAIST) assumed top posts in the industry as well as coveted positions teaching or researching semiconductors at universities and government institutes.
India is the third-largest steel producer in the world after China and Japan, having surpassed other large steel-making countries such as the United States, Russia, and SouthKorea over the previous decade, according to the World Steel Association. Most other large producers use basic oxygen steelmaking processes. million tonnes); and.
Roskill is an international metals and minerals market research firm. The lithium industry is therefore becoming more reliant on rechargeable batteries to sustain high rates of future demand growth, Roskill concludes. Batteries accounted for 27% of global lithium consumption in 2012, up from 15% in 2007 and 8% in 2002.
The future of Volvo Cars is electric and we are firmly committed to moving beyond the internal combustion engine. CATL of China and LG Chem of SouthKorea have long and successful track records supplying lithium-ion batteries to the global automotive industry. —Håkan Samuelsson, president and CEO of Volvo Cars.
The collaboration, announced at JEC World in Paris, will apply Hankuk Carbon’s expertise in advanced materials and industrialization, leveraging Dymag’s expertise in manufacturing lightweight carbon composite wheels for the high-performance and luxury vehicle markets.
US predominance in science and technology (S&T) eroded further during the last decade, as several Asian nations—particularly China and SouthKorea—rapidly increased their innovation capacities. China tripled its number of researchers between 1995 and 2008, whereas SouthKorea doubled its number between 1995 and 2006.
Moving forward on their Heads of Agreement signed earlier this year at the Detroit Auto Show ( earlier post ) Korea-based SK Innovation and the international automotive supplier Continental signed an agreement to found a jointly managed company to develop, to produce and to market automotive Li-ion battery systems.
GM increased the number of facilities around the world that meet the US EPA’s ENERGY STAR Challenge for Industry from 54 to 63 in 2013. Currently, the best energy usage among our plants is found within our GM International Operations (GMIO). megawatt-hours (MWh) per vehicle, approximately half the industry average of 2.01
ElectriPlast can be extruded or injected using standard industry equipment found in factories worldwide without the need for special machinery. We see the conductive plastics market as a potentially important growth opportunity and the ElectriPlast technology as a leader in this developing industry.
Swiss high-tech industrial Group Oerlikon and international automotive supplier Continental have entered into an agreement to cooperate on the development and marketing of integrated axle drive motor and transmission systems for hybrid and electric vehicles featuring optimized overall powertrain efficiency.
WorldAutoSteel,the automotive group of the World Steel Association, has presented findings on the progress of FutureSteelVehicle (FSV) Phase 2, a global steel industry effort to develop advanced high-strength steel (AHSS) architectures for electrified vehicles that reduce life cycle greenhouse gas (GHG) emissions. POSCO - SouthKorea.
SouthKorea-based Nesscap Co., After extensive testing and validation, we believe our internal patented construction will set a new standard in the industry and address the foundational challenges while providing a simple and tested pathway to design engineers for integration into their energy storage requirements.
We ask the international financial institutions to offer support to countries in this process. The Group of Twenty (G20) Finance Ministers and Central Bank Governors was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy.
An international team of researchers has used satellite images to map urban growth between 1985 and 2015. commercial and industrial districts). Each image captured 900 square meters of ground, a level of detail that allowed the scientists to study land-use change over time.
5G will be the backbone of the EU Digital Single Market, industries of the future, modern public services and innovative applications such as connected cars, smart homes or mobile health services. This agreement follows similar key cooperation initiatives with SouthKorea, Japan and China.
GM’s fuel-economy plan through the 2016 model year focuses on a reduction in vehicle mass and aggressive investment in advanced materials, such as high-strength steel, carbon fiber and aluminum, enabled in part by our industry-first aluminum welding technology. MWh per vehicle, less than half the industry average of 2.37
million flights in 2019, while international flights suffered an even more precipitous drop as they were 68% below the 11.7 In Q4 we saw a 78% plunge in bookings compared to the same period last year—this will naturally change the way the industry forecasts demand. million flights to just 16.8 million (to 20 December).
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