Green Range Extended Electric Vehicle

Last updated: 5 November 2017
The “Green RE-EV (Range Extended Electric Vehicle) Car Part Development and
Research Infrastructure Project” on transportation systems set its goal to foster car
part manufacturing companies specializing in RE-EVs by constructing an R&D
infrastructure for core parts, and fortifying the technical development of core
components in Ulsan as the center of the national automotive industrial sector. To
execute the project, 91 million EUR of national government investments, 13.4
million EUR of local government investments, and 18.6 million EUR of private
sector investments for a total of 123.5 million EUR will be invested since
September of 2011 through August of 2016. To encourage dissemination of REEV
transportation, the project set an objective to commercialize 8 types of core
components within the 5 year period of the project. The aim is to target
components which can contribute to more practical business activities, such as
construction R&D and research foundations.

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End uses covered
  • Transport end-uses