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April 11 news, South Korea's Ministry of Information and Communications said on Monday that it will support the local electric vehicle industry through the application of nanotechnology and strive to find a new source of
economic growth amid the ongoing economic downturn.
South Korea's Ministry of Science and Technology, Ministry of Information and Communications and Ministry of Future Planning said that according to the plan, using nanotechnology, it will be possible to produce electric vehicles
that can drive 500 kilometers on a single charge by 2025.
"The development of nanotechnology will help stimulate the competitiveness of local manufacturing and generate a new engine of economic growth," the minister said, adding that the development of nanotechnology will also contribute to the establishment of a sustainable and environmentally friendly society
.
MORE NOTABLE IN THE STATEMENT IS THAT SOUTH KOREAN AUTOMAKER HYUNDAI MOTOR COMPANY NOW PLANS TO START SELLING THE LONIQ ELECTRIC CAR THIS YEAR, WHICH CAN TRAVEL ABOUT 180 KILOMETERS
ON A SINGLE CHARGE.
The government's latest blueprint released on Monday also includes a number of initiatives
to apply nanotechnology to local industry by 2025.
The government said it would invest about 560 billion won ($490 million) to promote the use of nanotechnology in industry, not just in automobiles, but also in the development of
semiconductors and new materials.
April 11 news, South Korea's Ministry of Information and Communications said on Monday that it will support the local electric vehicle industry through the application of nanotechnology and strive to find a new source of
economic growth amid the ongoing economic downturn.
South Korea's Ministry of Science and Technology, Ministry of Information and Communications and Ministry of Future Planning said that according to the plan, using nanotechnology, it will be possible to produce electric vehicles
that can drive 500 kilometers on a single charge by 2025.
"The development of nanotechnology will help stimulate the competitiveness of local manufacturing and generate a new engine of economic growth," the minister said, adding that the development of nanotechnology will also contribute to the establishment of a sustainable and environmentally friendly society
.
MORE NOTABLE IN THE STATEMENT IS THAT SOUTH KOREAN AUTOMAKER HYUNDAI MOTOR COMPANY NOW PLANS TO START SELLING THE LONIQ ELECTRIC CAR THIS YEAR, WHICH CAN TRAVEL ABOUT 180 KILOMETERS
ON A SINGLE CHARGE.
The government's latest blueprint released on Monday also includes a number of initiatives
to apply nanotechnology to local industry by 2025.
The government said it would invest about 560 billion won ($490 million) to promote the use of nanotechnology in industry, not just in automobiles, but also in the development of
semiconductors and new materials.
