The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    Disgraced ex-minister's daughter says she feels proud, qualified as a doctor

  • 3

    Why Galaxy Book3 draws more attention than S23 smartphones

  • 5

    INTERVIEWSaudi Arabia seeks greater cooperation with Korea in NEOM

  • 7

    SM in internal feud over founder's exit from producing

  • 9

    VideoHow Koreans' favorite convenience store foods are made in factories

  • 11

    The Boyz member Hyunjae apologizes for wearing hat with Rising Sun flag design

  • 13

    Seoul city zeroes in on foreign residents' unpaid taxes

  • 15

    Book recounts poverty-stricken Korean coal miners' contribution to their country

  • 17

    Dongwon aims to to acquire McDonald's Korea

  • 19

    Powerful quake rocks Turkey and Syria, kills more than 1,500

  • 2

    Singer Lee Seung-gi to marry actor Lee Da-in in April

  • 4

    Decoding success factors of NewJeans: How is it different?

  • 6

    Coupang reveals Asia's largest fulfillment center in Daegu

  • 8

    'Celebrity forests' emerge as new K-pop trend in Seoul

  • 10

    VIDEOFilipina K-pop idol and K-drama actress react to stereotypes about the Philippines

  • 12

    Ex-gov't employee summarily indicted for alleged attempt to sell Jungkook's lost hat

  • 14

    Tiger endures 3 years of solitary confinement in closed zoo

  • 16

    Debate heats up over chemical castration of more sex offenders

  • 18

    BTS fails to win Grammy for 3rd consecutive year

  • 20

    US literary agent reflects on personal journey to discover Korea in new book

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
Business
  • Tech
  • Bio
  • Companies
Wed, February 8, 2023 | 20:04
Companies
Volvo launches electric excavator in Korea despite concerns over practicality
Posted : 2022-09-28 14:38
Updated : 2022-09-28 17:49
Park Jae-hyuk
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
                                                                                                 Volvo Construction Equipment President of Region Asia Tomas Kuta speaks in a roundtable interview with Korea's three English-language daily newspapers at Crest 72 in Seoul, Wednesday. Courtesy of Volvo Group Korea
Volvo Construction Equipment President of Region Asia Tomas Kuta speaks in a roundtable interview with Korea's three English-language daily newspapers at Crest 72 in Seoul, Wednesday. Courtesy of Volvo Group Korea

By Park Jae-hyuk

Volvo Construction Equipment (Volvo CE) has dismissed concerns among industry insiders about the insufficiency of its electric construction equipment ― compared to conventional diesel machines ― showing its confidence regarding the quality and performance of the ECR25 compact electric excavator, which was displayed in Seoul, Wednesday, for the first time in Asia.

"Compact equipment is less of a concern, as it does not work for eight to 10 hours," Volvo CE President of Region Asia Tomas Kuta said in a roundtable interview with Korea's three English-language daily newspapers, on the sidelines of the 2.5-ton machine's showcase event. "It usually works for four to five hours a day, and its batteries can last up to four hours."

Kuta was not even worried about any possible negative impacts caused by the recent economic downturn concerning the demand for the new construction equipment. He said his company has maintained strong positions in Europe, North America and Asia, despite a significant drop lately in China's construction industry.

The head of Volvo CE's Asia operations, however, acknowledged concerns about the lack of battery charging stations not just in Korea, but also all across the world. In order to solve the problem, he promised that his company can provide chargers to consumers, if necessary.

Regarding competition with Korean rivals, the Czech Republic-born executive said Volvo CE's products may be more "refined" thanks to its R&D centers worldwide. According to industry officials, HR E&I has already supplied electric excavators to the Korean market, and Hyundai Genuine is set to come up with such products next year as well.

Kuta described the global transition to electro-mobility as a "paradigm shift," but at the same time, he admitted it is still difficult to use batteries to operate larger machines. He therefore mentioned hydrogen fuel cells and biofuels as alternatives to diesel for larger construction equipment.

                                                                                                 Volvo Construction Equipment President of Region Asia Tomas Kuta speaks in a roundtable interview with Korea's three English-language daily newspapers at Crest 72 in Seoul, Wednesday. Courtesy of Volvo Group Korea
Volvo Construction Equipment Head of Market Korea Lim Jae-tack operates the ECR25 compact electric excavator during a press conference at Crest 72 in Seoul, Wednesday. Newsis

According to Volvo CE, its ECR25 was developed and built at the company's Belley factory in France, although the company finished building the first mass-production line for electric excavators in April in its Changwon plant in South Gyeongsang Province.

The Swedish firm has also collaborated with Samsung SDI for the supply of battery cells for the ECR25.

"In addition to the advantages of an electric excavator with less noise, and no exhaust fumes, it is highly useful in urban or densely populated environments as its small rotation design enables easier operations in a small space," the company said in a press release.
Emailpjh@koreatimes.co.kr Article ListMore articles by this reporter
 
Top 10 Stories
1Coupang reveals Asia's largest fulfillment center in Daegu Coupang reveals Asia's largest fulfillment center in Daegu
2'Celebrity forests' emerge as new K-pop trend in Seoul 'Celebrity forests' emerge as new K-pop trend in Seoul
3Seoul city zeroes in on foreign residents' unpaid taxesSeoul city zeroes in on foreign residents' unpaid taxes
4Tiger endures 3 years of solitary confinement in closed zoo Tiger endures 3 years of solitary confinement in closed zoo
5Ex-justice minister, daughter blamed for unrepentant attitude over academic fraud Ex-justice minister, daughter blamed for unrepentant attitude over academic fraud
6[INTERVIEW] 'Korea, US can create synergy in space industry': NASA ambassador INTERVIEW'Korea, US can create synergy in space industry': NASA ambassador
7Seoul narrows in on new slogan Seoul narrows in on new slogan
8Korea to allow currency trading by offshore firms, extend market hours Korea to allow currency trading by offshore firms, extend market hours
9Chainsaw Fest set to rip apart Club SHARP Chainsaw Fest set to rip apart Club SHARP
10Korea could resume issuing short-term visas to Chinese visitors soon Korea could resume issuing short-term visas to Chinese visitors soon
Top 5 Entertainment News
1Decoding success factors of NewJeans: How is it different? Decoding success factors of NewJeans: How is it different?
2SM in internal feud over founder's exit from producing SM in internal feud over founder's exit from producing
3The Boyz member Hyunjae apologizes for wearing hat with Rising Sun flag design The Boyz member Hyunjae apologizes for wearing hat with Rising Sun flag design
4Peak Time: Survival show for lesser-known K-pop boy bands to hit air Peak Time: Survival show for lesser-known K-pop boy bands to hit air
5K-pop stars and dating K-pop stars and dating
DARKROOM
  • Turkey-Syria earthquake

    Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group