As such, the Korean startup ecosystem is seeing a diverse range of ideas come to life in the EV industry. A rising star in the Seoul startup scene at the moment is Tin Hang Liu, founder of the company Open Energy. With the experience he gained in the U.S., Liu saw Korea as the perfect place to start Open Energy. "This alignment makes Korea an ideal market for Open Energy, where our EV Battery Swap solution can support high-volume sectors such as fleet and logistics.”A graphic representation of a HyperSwap station by Open Energy / Courtesy of Open EnergyUsing a combination of technology used by aerospace and Formula One, Open Energy produces EV battery swap stations called HyperSwap. “Open Energy envisions a future where sustainable transport and energy systems are fully integrated, and Korea is a strategic part of that vision,” he said.

Source: The Nation November 25, 2024 21:35 UTC