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Research agreement

 
Euisun Chung, Hyundai Motor Group chairman, right, and Oh Se-jung, Seoul National University president, converse at the president’s office in Gwanak District, southern Seoul, on Wednesday. The leading Korean automotive group and Korea’s top university have signed an agreement to establish a joint research center on batteries. Hyundai Motor said it will be investing a minimum of 30 billion won ($25 million) in the next 10 years on the joint research and development. [HYUNDAI MOTOR GROUP]

Euisun Chung, Hyundai Motor Group chairman, right, and Oh Se-jung, Seoul National University president, converse at the president’s office in Gwanak District, southern Seoul, on Wednesday. The leading Korean automotive group and Korea’s top university have signed an agreement to establish a joint research center on batteries. Hyundai Motor said it will be investing a minimum of 30 billion won ($25 million) in the next 10 years on the joint research and development. [HYUNDAI MOTOR GROUP]

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