GM’s EV sales momentum is finally building as new vehicle lineup fills out

Mary Barra, GM chair and CEO, speaks during the unveiling of the Cadillac Celestiq electric sedan in Los Angeles, Oct. 17, 2022. Frederic J. Brown | AFP | Getty Images WARREN, Mich. – If everything had gone to plan for General Motors over the last three years, the Detroit automaker would be well on its… Continue reading GM’s EV sales momentum is finally building as new vehicle lineup fills out

The smart elevator market is projected to grow by USD 4.92 Billion from 2024-2028, with AI driving market evolution and increased construction activities boosting growth – Technavio

NEW YORK, Sept. 23, 2024 /PRNewswire/ — The global smart elevator market size is estimated to grow by USD 4.92 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  6.78%  during the forecast period growing number of construction activities is driving market growth, with a trend towards cloud predictive maintenance  However, intense… Continue reading The smart elevator market is projected to grow by USD 4.92 Billion from 2024-2028, with AI driving market evolution and increased construction activities boosting growth – Technavio

Skoda Kylaq set for global debut on November 6

Skoda has just announced that its upcoming Kylaq compact SUV, slated to go on sale in early 2025, will debut globally in production-spec form on November 6. This will be Skoda’s first-ever crack at the compact SUV segment, the third product on the MQB-A0-IN platform, and the first under the company’s India 2.5 plan. This… Continue reading Skoda Kylaq set for global debut on November 6

Volkswagen Taigun sells 100,000 units in India and overseas three years after launch

The Volkswagen Taigun midsize SUV, launched on September 23, 2021, has turned three years old today in the Indian market. As per SIAM wholesales data, the Taigun has sold a total of 67,140 units in the domestic market till end-August 2024 and 32,742 units have been shipped to overseas markets (see data table below). Given… Continue reading Volkswagen Taigun sells 100,000 units in India and overseas three years after launch

Hyundai Motor India begins exporting Exter SUV to South Africa

Hyundai Motor India has announced expansion of its export portfolio with the first overseas shipment of its made-in-Chennai Exter compact SUV to South Africa. The first export batch of the Exter to South Africa comprised 996 units and makes it the eighth model to be exported to the country from India, after the Grand i10… Continue reading Hyundai Motor India begins exporting Exter SUV to South Africa

Hyundai and Skoda to collaborate on accelerating adoption of hydrogen

Hyundai Motor Company and the Skoda Group have signed a Memorandum of Understanding (MoU) to commence collaboration on establishing a hydrogen mobility ecosystem. The signing ceremony, which took place at the Korea-Czech Republic Business Summit in Prague on September 20, was attended by Ken Ramírez, Executive Vice-President and Head of Global Commercial Vehicle and Hydrogen… Continue reading Hyundai and Skoda to collaborate on accelerating adoption of hydrogen

Hyundai and Skoda to collaborate on accelerating adoption of hydrogen

Hyundai Motor Company and the Skoda Group have signed a Memorandum of Understanding (MoU) to commence collaboration on establishing a hydrogen mobility ecosystem. The signing ceremony, which took place at the Korea-Czech Republic Business Summit in Prague on September 20, was attended by Ken Ramírez, Executive Vice-President and Head of Global Commercial Vehicle and Hydrogen… Continue reading Hyundai and Skoda to collaborate on accelerating adoption of hydrogen

Hyundai Motor Group chairman visits Czech EV plant, reviews European business status

Hyundai Motor Group chairman Euisun Chung recently visited Hyundai Motor Manufacturing Czech Plant (HMMC) located in Nosovice, near Ostrava, Czech Republic to review the current status of the company’s European business and work on future growth strategies. Europe, which is the world’s second-largest electric vehicle market after China and a battleground for eco-friendly vehicles, has recently… Continue reading Hyundai Motor Group chairman visits Czech EV plant, reviews European business status

Hyundai Motor Group chairman visits Czech EV plant, reviews European business status

Hyundai Motor Group chairman Euisun Chung recently visited Hyundai Motor Manufacturing Czech Plant (HMMC) located in Nosovice, near Ostrava, Czech Republic to review the current status of the company’s European business and work on future growth strategies. Europe, which is the world’s second-largest electric vehicle market after China and a battleground for eco-friendly vehicles, has recently… Continue reading Hyundai Motor Group chairman visits Czech EV plant, reviews European business status

German FAZ: Eurovision Song Contest 007748

When ambition and reality don’t match, a clear vision might help. Kia’s sales share of electric cars in Europe is expected to rise to 40 percent “in the foreseeable future,” as President Ho-sung Song says. The customer, of course, doesn’t really go along with it; the purchase price in particular is a high hurdle. Of… Continue reading German FAZ: Eurovision Song Contest 007748