DUBAI, May 23 (Reuters) – A Kuwait Petroleum Corporation-owned firm plans to borrow up to $2.6 billion from banks and export credit agencies to build a liquefied natural gas import terminal, banking sources said. Kuwait Integrated Petroleum Industries Company (KIPIC) will use the money raised to develop the terminal at Kuwait’s Al Zour complex, which… Continue reading Kuwait Petroleum plans $2.6 bln loan for LNG terminal -sources
Tag: Hyundai
WiBLE will replace its Kia Niro fleet with 100% electric vehicles in two years
Posted 05/23/2018 11: 39: 01CET MADRID, May 23 (EUROPA PRESS) – WiBLE, the car sharing service of Kia and Repsol that will operate in Madrid from June for 0.24 euros per minute, will replace its fleet of 500 Kia Niro with 100% electric vehicles in two years. The CEO of WiBLE, Javier Martínez Ríos, assured… Continue reading WiBLE will replace its Kia Niro fleet with 100% electric vehicles in two years
Updated Kia Sportage gains a mild hybrid diesel variant
Kia has introduced a new mild hybrid diesel model, the Sportage Ecodynamics+, which has arrived as part of a mid-life model facelift that will reach UK showrooms in the summer. The electrified five-seat SUV is equipped with 48-volt electrical architecture with a starter-generator unit. This system, which uses a 0.46kWh 48V lithium ion battery, will eventually make its… Continue reading Updated Kia Sportage gains a mild hybrid diesel variant
Israel’s defense expertise drives tech boom for autonomous cars
SHFAYIM, Israel (Reuters) – Technology that has helped Israel’s military drive tanks, guide and intercept missiles, and keep its computer systems secure is being redeployed in the development of driverless cars. FILE PHOTO: The logo Israeli driverless technology firm Mobileye is seen on the building of their offices in Jerusalem March 13, 2017. REUTERS/Ronen Zvulun/File… Continue reading Israel’s defense expertise drives tech boom for autonomous cars
Third-generation Tesla Supercharger to double existing UK charger capacity
Tesla will reveal its third generation of the Supercharger later this summer, CEO Elon Musk has revealed. The current Supercharger charges at a capacity of 120kW and the next-gen version is likely to double this, given Musk’s previous comments. While the second-gen Supercharger is currently the UK’s fastest, charge point provider Pod Point announced in February… Continue reading Third-generation Tesla Supercharger to double existing UK charger capacity
WiBLE, the ‘car sharing’ of Kia and Repsol in Madrid, will start operating in June for 0.24 euros per minute
Posted 05/22/2018 2:28:29 PM The company plans to have a network of 15 private car parks (with reserved spaces) inside the M-30 MADRID, May 22 (EUROPA PRESS) – WiBLE, the new car sharing company of Kia and Repsol in Madrid, will start operating next month in and out of the central almond of the capital… Continue reading WiBLE, the ‘car sharing’ of Kia and Repsol in Madrid, will start operating in June for 0.24 euros per minute
(2nd LD) Hyundai withdraws overhaul plan on opposition
(ATTN: CHANGES headline and lead; ADDS details throughout) SEOUL, May 21 (Yonhap) — Hyundai Motor Group on Monday withdrew a key spinoff merger plan in a setback to its corporate restructuring amid stepped-up opposition campaigns by some investors. The decision comes as global hedge fund Elliott and proxy advisers such as Institutional Shareholder Services (ISS)… Continue reading (2nd LD) Hyundai withdraws overhaul plan on opposition
Number of part-time electricity grows: the plug-in hybrids of luxury car manufacturers
All articles and backgrounds 05/21/2018 Number of part-time electricity grows The plug-in hybrids of luxury car manufacturers Bentley / dpa tmn The car industry has long put pressure on diesel under the pressure of falling CO2 limits. But after the diesel dilemma, she seeks her salvation visibly in the plug-in hybrids. The supply of part-time… Continue reading Number of part-time electricity grows: the plug-in hybrids of luxury car manufacturers
Hyundai cancels corporate overhaul plan
SEOUL, May 21 (Yonhap) — Hyundai Motor Group on Monday canceled the corporate restructuring plan the company announced in March, following stepped-up campaigns of opposition by some investors. Under the corporate overhaul plan, the group’s auto parts supplier, Hyundai Mobis Co., was slated to spin off its domestic module and after-sales parts businesses and merge… Continue reading Hyundai cancels corporate overhaul plan
Genesis boss: UK will be ‘main target’ in 2020 European launch
The UK will be the main target of Genesis when the marque is launched in Europe in 2020, according to brand boss Manfred Fitzgerald. Hyundai’s luxury arm launched as a brand in its own right in 2016, focusing on US and Asian markets but with the expectation that it would eventually arrive in Europe. However,… Continue reading Genesis boss: UK will be ‘main target’ in 2020 European launch