Hyundai unveils Kona Electric SUV in Europe

SEOUL, Feb. 28 (Yonhap) — Hyundai Motor Co., South Korea’s largest carmaker by sales, has unveiled the Kona Electric in Europe ahead of the Geneva Motor Show next month, the company said Wednesday. The all-electric crossover comes with a pair of powertrain options, one with a 64 kWh lithium-ion polymer battery pack with a range… Continue reading Hyundai unveils Kona Electric SUV in Europe

Hyundai’s Kona Electric SUV boasts a 292-mile range

Hyundai Hyundai’s newly bolstered EV strategy might be off to a good start. It just unveiled the Kona Electric, an adaptation of its crossover SUV that promises to combine both ample space with meaningful performance. The base edition’s 186-mile range and 9.3-second 0-62MPH time won’t raise eyebrows, but a long-range version can muster a 292-mile… Continue reading Hyundai’s Kona Electric SUV boasts a 292-mile range

A car of no compromise: the all-new Kona Electric

“Hyundai Motor is already leading in future mobility solutions,” says Andreas-Christoph Hofmann, Vice President Marketing and Product at Hyundai Motor Europe. “By launching our All-New Kona Electric, we are pushing our ambitious eco car strategy forward. It’s a car of no compromise – combining an SUV body type with electric-mobility. It represents Hyundai’s progressive character.… Continue reading A car of no compromise: the all-new Kona Electric

Gestamp recorded revenues of €8,202m in 2017

2.26.2018 Gestamp, the multinational company specialized in the design, development and manufacture of highly engineered metal components for the automotive industry, has recorded revenues of €8,202m in 2017, according to its full year results. Revenues have increased by 8.6% over the previous year, more than six times the growth of production volumes in Gestamp’s footprint… Continue reading Gestamp recorded revenues of €8,202m in 2017

Naza Corporation Holdings and Groupe PSA Establish a Shared Manufacturing Hub In ASEAN

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Today, Groupe PSA (Paris:UG) and Naza Corporation Holdings announced the signing of a share sale agreement and a joint venture agreement, officially establishing shared operation of the Naza Automotive Manufacturing (NAM) plant in Gurun, Kedah, as the first manufacturing hub in ASEAN for Groupe PSA. In attendance to witness, the event… Continue reading Naza Corporation Holdings and Groupe PSA Establish a Shared Manufacturing Hub In ASEAN

Top Automotive Industry News for Week of February 19 – February 26, 2017

Here is the most important news associated with the automotive industry identified by the SEA for the week February 19, 2018 – February 25, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- The 2018 NADA AEA Member Reception is coming soon! The next… Continue reading Top Automotive Industry News for Week of February 19 – February 26, 2017

Kia Motors India to begin production by mid-2019

Construction of the new plant in Anantapur district of Andhra Pradesh began in mid-2017 with an investment of about $1.1 billion (around Rs 7,050 crore). Kia Motors India is going all out with its India operations. The carmaker has laid down the structural framework for its new manufacturing facility in the Anantapur district of Andhra Pradesh. The… Continue reading Kia Motors India to begin production by mid-2019

Hyundai’s Next-Generation Fuel Cell Vehicle NEXO Boasts World’s Best Driving Range

SEOUL, South Korea, Feb. 21, 2018 /PRNewswire/ — It’s been a busy start to the year for Hyundai’s next-generation fuel cell vehicle NEXO, scheduled to be released in Korea next month. Unveiled at CES 2018 as the technological flagship of Hyundai’s growing eco-vehicle portfolio, the NEXO SUV model is set to spearhead Hyundai Motor’s plans to… Continue reading Hyundai’s Next-Generation Fuel Cell Vehicle NEXO Boasts World’s Best Driving Range

Brussels gives ‘green light’ to the alliance of Repsol and Kia in the car sharing business

Published 02/20/2018 12:51:56CET BRUSSELS, 20 Feb. (EUROPA PRESS) – The European Commission gave the green light to the alliance between Repsol and Kia on Tuesday to create a joint venture to operate in the car sharing business, concluding that the operation will not have a negative impact on the European economic space. The resulting company… Continue reading Brussels gives ‘green light’ to the alliance of Repsol and Kia in the car sharing business