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President Suh Hosted Press Conference with Seoul-based Correspondents, on March 9, 2010​
View : 7395 Date : 2010-03-16 Writer : ed_news





President Suh Hosted Press Conference with Seoul-based Correspondents, on March 9, 2010
 
President Nam-Pyo Shu had a press conference with foreign correspondents based in Seoul, South Korea, on March 9, 2010 at Seoul Foreign Correspondents’ Club (SFCC).
 
Prior to the conference, the president and correspondents attended a ceremony for the completion of Online Electric Vehicles (OLEV) that carries passengers to look around the amusement park, Seoul Grand Park, in Gewacheon City. OLEV was developed and built by KAIST. Following President Suh’s opening speech, a questions and answers (Q&A) session between the president and reporters proceeded. 
 
In his opening speech, President Suh said electric vehicles are an alternative to conventional automobiles with combustion engines, and in order to manufacture affordably priced electric vehicles on a large scale, their charging should be streamlined. In response, KAIST has come up with the online electric vehicle concept.
 
He added, without installing separate charging stations, OLEV receives electric power from the cables buried underground while driving, idling, or parking. Its connection to a power source is non-contact.
 
President Suh expressed his excitement for demonstrating OLEV at Seoul Grand Park that its system works as KAIST has designed and predicted. He showed his confidence that KAIST is indeed at the stage to implement OLEV in Seoul City soon and hoped to demonstrate it at the upcoming G-20 Summit to be held in November 2010 in Seoul City.
 
During the Q&A session, reporters cited the construction of OLEV at the amusement park and mainly asked about a possibility of its commercialization. Other topics, they also questioned about, were hurdles related to the development and commercialization of OLEV; level of cooperation received from industries and central/local governments; technological breakthroughs and accomplishments; future development plans for the commercialization; and reactions from the public and government.
 
Media outlets participated in the conference were Reuters, AFP, the International Herald Tribune, ABC News, Bloomberg News, Businessweek, Voice of America, Sankei Shimbun, and etc.

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