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The first U-tech valley company nominated by KOTEC

| Date : 2017.04.27 |

KOTEC (Korea Technology Finance Corporation) was founded in 1989 by the Korean Government as a non-profit credit guarantee institution under the special enactment, "Financial Assistance to New Technology Businesses Act". 

KOTEC has carried forward a business of U-tech valley to assist R&D capital for the high-tech companies spawned by POSTECH, KAIST, Seoul National University, Yonsei University, and Korea University since December 2016.

 

EPT Inc. was finally nominated as the first company of U-tech valley by KOTEC on April 18th, 2017.

R&D capital is made up and therefore the Company is going to develop the advanced electric powertrain (motor + inverter) with ultra high torque above 2500 Nm, this new project satisfy market demand of heavy-duty electric vehicles in terms of the cost-friendly competitiveness with high performnce.

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The first U-tech valley company nominated by KOTEC
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