Hyundai Motor doubles down on EVs as it ramps up investment in Korea devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Hyundai Motor Group will expand the number of its high-speed electric vehicle (EV) battery chargers in Korea to 500 by 2025, almost double the current 286, as part of its effort to offer a fast charging service to customers, the automotive group said Sunday.
The Korea country manager of Germany s RWE Renewables, a major player in the renewable energy market which is part of RWE Group and the world s second-largest offshore wind power generator, highlighted on Monday that the company s technologies, if fully implemented in Korean waters, could produce enough clean electricity to help the country achieve its carbon neutrality goal by 2050.
Hyundai Engineering & Construction announced Tuesday that the company has signed a power purchase agreement with Glennmont D&D Solar Holdings to aid in Hyundai Motor Group’s use of renewable energies. Glennmont D&D Solar Holdings is a joint venture between SK Eternix and Glennmont Partners, one of the world’s largest fund managers investing in clean energy, based in the UK. According to Hyunda.