SEOUL, Jan. 21 (Yonhap) — Hyundai Motor Group Executive Vice Chairman Chung Euisun has proposed three requirements to realizing a hydrogen-powered society during a global business meeting in Paris, his company said Tuesday. In the Hydrogen Council’s general meeting on Jan. 20 (local time), Chung suggested three key methods to promote the use of hydrogen… Continue reading Hyundai Motor chief proposes 3 requirements to promote hydrogen society
Tag: Manufacturing
Toyota launches GR Supra to revive S. Korea sales
SEOUL, Jan. 21 (Yonhap) — Toyota Motor Corp. said Tuesday it has launched the GR Supra sports car in South Korea to help revive its lackluster sales amid trade tensions between Seoul and Tokyo. The GR Supra comes with a 3.0-liter gasoline engine that can generate a maximum 340 horsepower and 51 kilogram-meters of torque.… Continue reading Toyota launches GR Supra to revive S. Korea sales
Renault Samsung union back to table for wage negotiations
By Choi Kyong-ae SEOUL, Jan. 21 (Yonhap) — Renault Samsung Motors Corp.’s union on Tuesday suspended partial strikes to resume negotiations with the company over wages for the year of 2019. Renault Samsung workers have staged partial strikes at its sole plant in Busan, 453 kilometers south of Seoul, for higher wages in the past… Continue reading Renault Samsung union back to table for wage negotiations
Lucid Air: 235mph EV to be launched at New York motor show
American electric vehicle (EV) start-up Lucid Motors has announced that it will reveal the Air – a luxurious saloon capable of 235mph – in production form at the New York motor show in April. First revealed in prototype form in December 2016, the Air is positioned as a rival to the Tesla Model S as well as conventionally… Continue reading Lucid Air: 235mph EV to be launched at New York motor show
New Sono Sion solar car to be built at ex-Saab factory
German EV start-up Sono Motors has raised over €50 million (£42.5m) through crowdfunding, which it will use to produce the Sion, a solar electric vehicle (SEV). The Sion will be built by National Electric Vehicle Sweden (NEVS) at its factory in Trollhättan, once home to now-defunct manufaturer Saab, with production set to get underway in late… Continue reading New Sono Sion solar car to be built at ex-Saab factory
Volkswagen ID 4 SUV to be revealed at New York motor show
Volkswagen‘s next ID production model, the ID 4 crossover, will be revealed at New York motor show in April. The new EV will retain many of the same exterior themes as the ID Crozz concept car, which was first shown in 2017. The electric crossover-style SUV will be an important part of the VW ID… Continue reading Volkswagen ID 4 SUV to be revealed at New York motor show
Software Motor Company raises new $25 million round
SAN FRANCISCO, Jan. 21, 2020 /PRNewswire/ — Software Motor Company (SMC) has completed a $25 million financing round, including a first-time investment by BMW i Ventures. This fundraise will permit SMC to continue accelerating product development efforts and achieve new milestones. SMC intends to raise its final round in summer 2020. SMC has now raised… Continue reading Software Motor Company raises new $25 million round
Car maker: Opel is now also saving on design – and cutting 40 percent of jobs in the division
Opel Sketch The carmaker is thinning out its design division. (Photo: Opel) Munich Opel has been part of the French carmaker since 2017 PSA (Peugeot, Citroën, DS), but the brand with the flash emphasizes its independence at every opportunity. “In Rüsselsheim, all future Opel-Models designed and developed, “stated Opel boss Michael Lohscheller at an event… Continue reading Car maker: Opel is now also saving on design – and cutting 40 percent of jobs in the division
Passenger vehicle retail sales dip 9% in December: FADA
NEW DELHI: Automobile dealers’ body FADA on Tuesday said retail sales of passenger vehicles in December 2019 declined 9 per cent to 2,15,716 units year-on-year, as even the best offers failed to lift weak consumer sentiments. According to the Federation of Automobile Dealers Associations (FADA), passenger vehicles (PV) sales stood at 2,36,586 units in December… Continue reading Passenger vehicle retail sales dip 9% in December: FADA
All-electric Renault Twingo Z.E. confirmed for 2020 launch
Renault has confirmed it will launch a new, all-electric variant of the Twingo city car later this year, alongside its forthcoming range of E-Tech hybrid and plug-in hybrid vehicles. The announcement follows Renault’s decision to withdraw the Twingo from the UK market last year, following poor sales. Renault is yet to officially announce details on… Continue reading All-electric Renault Twingo Z.E. confirmed for 2020 launch