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

Police arresting Indian smelter protesters based on evidence: state minister

CHENNAI (Reuters) – Indian police are only arresting people involved in protests against a copper smelter owned by Vedanta Resources where there is videographed evidence of them indulging in “anti-social” activities, a senior state minister told Reuters. FILE PHOTO: Government officials seal a copper smelter controlled by London-listed Vedanta Resources in Thoothukudi in the southern… Continue reading Police arresting Indian smelter protesters based on evidence: state minister

Hyundai Mobis to strengthen autonomous driving tech capabilities

SEOUL, June 10 (Yonhap) — South Korea’s top auto parts manufacturer Hyundai Mobis said Sunday that it will enhance its capabilities in autonomous driving capability by hiring more researchers and bolstering its research and development prowess. The company, one of the flagships of Hyundai Motor Group, said it plans to have some 4,000 researchers on… Continue reading Hyundai Mobis to strengthen autonomous driving tech capabilities

Kia recalls 500,000 vehicles in the US due to airbag glitch

Getty Images Kia has issued a recall for 507,000 vehicles in the US, and those who get a notice may want to make sure they comply with its request. The automaker said those vehicles’ airbag control units may be susceptible to an electronic glitch that prevents their airbags from deploying in a crash. In fact,… Continue reading Kia recalls 500,000 vehicles in the US due to airbag glitch

UPDATE 1-Kia recalls 507,000 vehicles in U.S. for air bag issues

WASHINGTON (Reuters) – Kia Motors Corp (000270.KS) said on Friday it was recalling more than 507,000 vehicles in the United States because an electronic glitch may prevent air bags from deploying in a crash. FILE PHOTO: The logo of Kia Motors is seen at the manufacturing plant in Pesqueria, on the outskirts of Monterrey, Mexico,… Continue reading UPDATE 1-Kia recalls 507,000 vehicles in U.S. for air bag issues