Hyundai-Kia's 3.28 bln dlr 'green' project plans
July 22, 2009
The logo of South Korean auto-maker Hyundai Motors in Seoul. The firm and its affiliate Kia Motors Wednesday announced plans to invest 4.1 trillion won (3.28 billion dollars) by end-2013 to develop fuel-efficient cars and cut carbon emissions.
South Korea's Hyundai Motor and its affiliate Kia Motors Wednesday announced plans to invest 4.1 trillion won (3.28 billion dollars) by end-2013 to develop fuel-efficient cars and cut carbon emissions.
The group said it will spend 2.2 trillion won to develop and produce hybrid and hydrogen fuel cell vehicles.
Another 1.4 trillion won will be used to develop fuel-saving engines, transmissions and light materials, the Hyundai-Kia Automotive Group said in a statement.
The remaining 500 billion won will be spent on cutting greenhouse gas emissions by six percent from car plants.
Hyundai and Kia control more than 80 percent of the South Korean vehicle market. The group is the world's fifth largest automaker in terms of sales.
(c) 2009 AFP
-
Hynix reports sixth straight quarterly loss
Apr 24, 2009 |
not rated yet |
0
-
Samsung's 4.2 bln dlrs 'green' initiative
Jul 20, 2009 |
not rated yet |
0
-
Hyundai to Start Retail Sales of First Hybrid in July 2009
Jul 09, 2008 |
not rated yet |
0
-
Kia signs deal with Sirius
Apr 13, 2006 |
not rated yet |
0
-
Samsung announces earnings estimate
Jul 06, 2009 |
not rated yet |
0
-
Engineers build first sub-10-nm carbon nanotube transistor
Feb 01, 2012 |
4.9 / 5 (31) |
30
-
Something old, something new: Evolution and the structural divergence of duplicate genes
Jan 31, 2012 |
4.6 / 5 (7) |
1
-
The hidden nanoworld of ice crystals: Revealing the dynamic behavior of quasi-liquid layers
Jan 30, 2012 |
5 / 5 (3) |
1
-
Stock market network reveals investor clustering
Jan 27, 2012 |
3.9 / 5 (23) |
8
-
Of microchemistry and molecules: Electronic microfluidic device synthesizes biocompatible probes
Jan 26, 2012 |
5 / 5 (1) |
0
-
Need help reading 3-D
10 hours ago
-
A way to send and receive wireless data
16 hours ago
-
Tabletop Cold Fusion Reactor
17 hours ago
-
Calling function with no input argument
Feb 10, 2012
-
Force free body diagram problem on gym equipment
Feb 10, 2012
-
Empirical data regarding shower heads and water
Feb 10, 2012
- More from Physics Forums - General Engineering
More news stories
Walney offshore wind farm is world's biggest (for now)
(PhysOrg.com) -- The Walney wind farm on the Irish Sea--characterized by high tides, waves and windy weather--officially opened this week. The farm is treated in the press as a very big deal as the Walney ...
Technology / Energy & Green Tech
18 hours ago |
4 / 5 (11) |
33
|
GPS court ruling leaves US phone tracking unclear
A US Supreme Court decision requiring a warrant to place a GPS device on the car of a criminal suspect leaves unresolved the bigger issue of police tracking using mobile phones, legal experts say.
19 hours ago |
4 / 5 (2) |
0
Europeans protest controversial Internet pact
Tens of thousands of people marched in protests in more than a dozen European cities Saturday against a controversial anti-online piracy pact that critics say could curtail Internet freedom.
15 hours ago |
4.5 / 5 (8) |
0
Netflix settlement trims 14 pct off 4Q earnings
(AP) -- Netflix pressed the rewind button on its fourth-quarter earnings after settling allegations that the video subscription service violated a consumer-privacy law.
19 hours ago |
not rated yet |
0
Navy to begin tests on electromagnetic railgun prototype launcher
The Office of Naval Research (ONR)'s Electromagnetic (EM) Railgun program will take an important step forward in the coming weeks when the first industry railgun prototype launcher is tested at a facility ...
Feb 06, 2012 |
4.7 / 5 (15) |
92
|
Europe stakes billion-dollar bet on new rocket
A pencil-slim rocket is scheduled to lift into space from South America on Monday, carrying a billion-dollar bet that Europe can grab a juicy slice of the market to place satellites in low orbit.
Study finds that anti-diabetic medication can prevent the long-term effects of maternal obesity
In a study to be presented today at the Society for Maternal-Fetal Medicine's annual meeting, The Pregnancy Meeting, in Dallas, Texas, researchers will report findings that show that short therapy with the anti-diabetic medication ...
Explained: Sigma
It's a question that arises with virtually every major new finding in science or medicine: What makes a result reliable enough to be taken seriously? The answer has to do with statistical significance -- but ...
Political leaders play key role in how worried Americans are by climate change: study
More than extreme weather events and the work of scientists, it is national political leaders who influence how much Americans worry about the threat of climate change, new research finds.
New power source discovered
(PhysOrg.com) -- Researchers at the Massachusetts Institute of Technology (MIT) and RMIT University have made a breakthrough in energy storage and power generation.
NASA budget will axe Mars deal with Europe: scientists
US President Barack Obama's budget proposal to be submitted next week for 2013 will cut NASA's budget by 20 percent and eliminate a major partnership with Europe on Mars exploration, scientists said Thursday.
Jul 25, 2009
Rank: 1 / 5 (2)
Well they can kiss whatever they put into fool cells goodbye!!
They need to leapfrog into plug in hybrids and EV's if they were smart as late next yr gas will be back to $4/gal.