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Eun Sung-soo, chairman of the Financial Services Commission, right, Sung Yun-mo, minister of trade, industry and energy, second from right, and other industry officials and executives watch a demonstration of Hyundai Motor’s Kona Electric’s rapid charging technology at Hyundai EV (electric vehicle) Station in Gangdong District, eastern Seoul, on Thursday. On the same day, Hyundai Motor Group in partnership with government bodies, financial institutions and private entities agreed to form a 200-billion-won ($178.8 million) worth fund within 2021 to invest in domestic auto parts companies to foster the country’s future mobility business. [YONHAP]

Eun Sung-soo, chairman of the Financial Services Commission, right, Sung Yun-mo, minister of trade, industry and energy, second from right, and other industry officials and executives watch a demonstration of Hyundai Motor’s Kona Electric’s rapid charging technology at Hyundai EV (electric vehicle) Station in Gangdong District, eastern Seoul, on Thursday. On the same day, Hyundai Motor Group in partnership with government bodies, financial institutions and private entities agreed to form a 200-billion-won ($178.8 million) worth fund within 2021 to invest in domestic auto parts companies to foster the country’s future mobility business. [YONHAP]

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