Inventories of non-ferrous metals may be boosted significantly in South Korea beginning next year, owing to the expectation of fast growing demand for electric vehicles, the country’s Public Procurement Service (PPS) has revealed.
The prominent LiDAR developer and manufacturer Velodyne LiDAR has come to terms with Unmanned Solution of South Korea to partner on the testing and development self-driving vehicles and tech, according to a new press release.
The government of South Korea will be imposing a combined fine of 70.3 billion won (~$63.1 million) on BMW AG, Mercedes-Benz, and Porsche for the violation of various emissions rules, the country’s Ministry of Environment has revealed.
Hyundai introduced its next generation fuel cell powered SUV in Seoul this week. The as yet unnamed car will go on sale in 2018 with as much as 400 miles of range.
We would expect Elon Musk to be a champion of artificial intelligence. After all, it is the cornerstone of the autonomous driving system known as Autopilot that is featured in Tesla automobiles. But he has been warning about the potential dangers of AI since 2014, when he called it the “biggest existential threat” to humanity ever known. How can someone be a champion of new technology he finds so potentially dangerous? Easy — Musk is not constrained by conventional thinking. His ability to see not only both sides of a coin but also the edge and what’s inside is legendary.
The Korea Development Bank has issued its first green bond aimed at funding implementation and expansion of renewable energy projects.
China’s plans for relatively aggressive electric vehicle sales quotas are unnerving some prominent foreign auto manufacturers, going by recent reports.
Clean, fresh air. Those who are fortunate enough to live in parts of the world where pollution levels have not gone insane yet will barely be aware of its exceptional value, but those living in places where there just doesn’t seem to be such a thing as leaving the house without ruining your respiratory system know its virtue. Interesting news in that regard involves South Korea.
While some political partisans may like to argue that the decline of coal-fired power plants seen over recent times in the US has been the result of cronyism in support of the renewables industry, the fact is that coal-fired power plants simply can’t compete with renewable or gas-fired ones. Also important, particularly with this story, is that coal-fired power plants are responsible for a significant portion of total air pollution in many regions.
Samsung has been given the go-ahead by the government of South Korea to begin testing its self-driving vehicle tech on public roads, according to recent reports.
