Hyundai Mobis invests in autonomous driving

The Hyundai-owned company Hyundai Mobis is investing in training for autonomous driving. Hyundai Mobis has at his research center in Yongin in the South Korean province Gyeonggiwhere also the K City A software training program worth 1.4 billion won (1.02 million euros) was launched to quintuple the software specialists employed there by the year 2025.… Continue reading Hyundai Mobis invests in autonomous driving

Toyota pumps $1 billion in Grab in auto industry’s biggest ride-hailing bet

SINGAPORE (Reuters) – Toyota Motor Corp has agreed to buy a $1 billion stake in Southeast Asia’s Grab in the biggest investment by a carmaker into a ride-hailing firm, at a time when traditional automakers are racing to team up with disruptive tech companies. FILE PHOTO: A logo of Toyota Motor Corp is seen at… Continue reading Toyota pumps $1 billion in Grab in auto industry’s biggest ride-hailing bet

Priod takes over the Fiolet group!

The group headed by the Priod family accelerates its development by taking over the group Fiolet, distributor Opel and Kia. It not only opens a new geographical map but also adds nearly 3,500 VN to its offer … The Priod group no longer stops. Indeed, after having Etablissements Le Gallou, Fiat distributor, Alfa Romeo and… Continue reading Priod takes over the Fiolet group!

S.Korea stocks, won steady as US-N.Korea summit concludes

* KOSPI basically flat as Trump meets Kim in Singapore * N.Korea-exposed shares fall on profit-taking after rallies * Seoul markets closed just after Singapore summit ends * Trump, Kim sign document at landmark summit (Updates with closing figures) SEOUL, June 12 (Reuters) – South Korean shares and the won reacted calmly on Tuesday to… Continue reading S.Korea stocks, won steady as US-N.Korea summit concludes

Billions investment planned in Thuringia: Chinese are duping German industry with battery project

All articles and backgrounds 06/12/2018 Billions invested in Thuringia planned Chinese are duping German industry with battery project ford The Chinese battery giant CATL apparently wants to build a large production facility in Germany and invest up to one billion euros for it. News Agency reports “Bloomberg” and the “Thuringian General” According to the announcement… Continue reading Billions investment planned in Thuringia: Chinese are duping German industry with battery project

Hyundai Indian output exceeds 8 mln units in 19 years

SEOUL, June 12 (Yonhap) — Hyundai Motor Co. said Tuesday the number of vehicles produced at its plant in India exceeded 8 million units in total. Hyundai’s plant in Chennai began operation in September 1998. The production line has become the carmaker’s second overseas operation to have churned out more than 8 million vehicles after… Continue reading Hyundai Indian output exceeds 8 mln units in 19 years

Kia Plans To Produce Electronic Vehicles, Hybrids In India; Targets 2021 For Launch

South Korean automaker Kia plans to roll out electric and hybrid vehicles from its upcoming plant at Anantapur in Andhra Pradesh and is targeting to launch an electric vehicle in India by 2021, said a top company official. Kia Motors India, the wholly-owned arm of Kia Motors Corporation, has also lined-up three models to be… Continue reading Kia Plans To Produce Electronic Vehicles, Hybrids In India; Targets 2021 For Launch

Kia plans to produce EVs, hybrids in India; targets 2021 for launch

NEW DELHI: South Korean auto maker Kia plans to roll out electric and hybrid vehicles from its upcoming plant at Anantpur in Andhra Pradesh and is targeting to launch an electric vehicle in India by 2021, said a top company official. Kia Motors India, the wholly-owned arm of Kia Motors Corporation, has lined also up… Continue reading Kia plans to produce EVs, hybrids in India; targets 2021 for launch

Breakingviews – Trump-Kim parley has a downside for Xi

HONG KONG (Reuters Breakingviews) – Success in Singapore this week could have a downside for China. Any breakthrough in Tuesday’s talks between North Korean leader Kim Jong Un and U.S. President Donald Trump, after years of nuclear threats, would be an economic win for Seoul and others in the region. The People’s Republic itself may… Continue reading Breakingviews – Trump-Kim parley has a downside for Xi

Musk Challengers Turn Into Billionaires as China Battery Giant Soars

LISTEN TO ARTICLE SHARE THIS ARTICLE The Chinese founder of the world’s biggest maker of electric-vehicle batteries and his top lieutenant became billionaires Monday after their company’s shares soared during the first day of trading in Shenzhen. Contemporary Amperex Technology Co. Ltd. jumped by the maximum 44 percent allowed by the exchange, valuing the company… Continue reading Musk Challengers Turn Into Billionaires as China Battery Giant Soars