BYD's success in Korean market depends on localization
SEOUL, November 20 (AJP) - China's largest automaker BYD is set to enter the Korean electric vehicle (EV) market in early 2025. While the Shenzhen-based company has been operating in South Korea's commercial vehicle sector since 2016, its foray into the passenger car market
KIST researchers develop new method of rare earth metal recycling
SEOUL, November 20 (AJP) - Researchers at the Korea Institute of Science and Technology (KIST) have made a significant breakthrough in rare earth metal (REE) recovery with the development of a new fiber-based material. This innovative material, composed of metal-organic frameworks and