Tag: Hyundai

Kia debuts electric PBV concepts at IAA 2024, looks to disrupt LCV market

Kia has held the European premiere of the brand’s new Platform Beyond Vehicle (PBV) concept at IAA Hanover. Kia aims to disrupt the light commercial vehicle (LCV) market with its range of purpose-built electric vehicles (EV). PBVs feature superior cargo volume and best-in-class loading height, enabling customers to load more goods, maximise productivity and save… Continue reading Kia debuts electric PBV concepts at IAA 2024, looks to disrupt LCV market

Kia debuts electric PBV concepts at IAA 2024, looks to disrupt LCV market

Kia has held the European premiere of the brand’s new Platform Beyond Vehicle (PBV) concept at IAA Hanover. Kia aims to disrupt the light commercial vehicle (LCV) market with its range of purpose-built electric vehicles (EV). PBVs feature superior cargo volume and best-in-class loading height, enabling customers to load more goods, maximise productivity and save… Continue reading Kia debuts electric PBV concepts at IAA 2024, looks to disrupt LCV market

AI Driving Transformation in Electric Commercial Vehicle Market, USD 364.4 Billion Growth Expected from 2024-2028 Amid Focus on Reducing Emissions

NEW YORK, Sept. 16, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global electric commercial vehicle (ECV) market  size is estimated to grow by USD 364.4 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 36.92%  during the forecast period.  Growing focus on reducing… Continue reading AI Driving Transformation in Electric Commercial Vehicle Market, USD 364.4 Billion Growth Expected from 2024-2028 Amid Focus on Reducing Emissions

Brazilian EREV first to use engine from Renault-Geely firm Horse

Brazilian start-up Lecar will be the first car maker to use a powertrain supplied by Horse, the joint venture between Renault and Geely. UK-based Horse, announced last July and officially formed this May, aims to become the “global powertrain leader”, with a goal of building some five million “best-in-class” petrol, diesel and hybrid powertrains per year for car makers including… Continue reading Brazilian EREV first to use engine from Renault-Geely firm Horse

Hyundai Venue Adventure Edition priced at Rs 10.15 lakh

Hyundai has launched a new Adventure Edition of the Venue compact SUV, with prices starting from Rs 10.15 lakh (ex-showroom, India). The Venue Adventure Edition gets a new Ranger Khaki colour option along with several other exterior and interior cosmetic updates. It has been made available on three trims – S(O)+, SX and SX(O) –… Continue reading Hyundai Venue Adventure Edition priced at Rs 10.15 lakh

JSW MG Motor India to launch luxury car brand; first car by March 2025

BENGALURU (Reuters) – JSW MG Motor India, a joint venture between SAIC Motor and JSW Group, said on Monday it will launch a luxury car brand, aiming to sell its first premium cars by the first three months of 2025. Under the brand, called ‘MG Select’, the company will launch four products over the next… Continue reading JSW MG Motor India to launch luxury car brand; first car by March 2025

Kia plots Picanto, Stinger GT successors to bookend EV line-up

Kia is planning to bookend its range of EVs, with an entry-level city car and a new halo model under consideration. The Korean brand has trademarked names from EV1 to EV9 for a range of models, and while it has confirmed that an EV2 will sit below the new EV3, the prospect of an EV1… Continue reading Kia plots Picanto, Stinger GT successors to bookend EV line-up

SUV-MPV sales rise 15% to 1.1 million units in April-August, M&M, Toyota, Tata gain market share

The utility vehicle (UV) segment, with sustained double-digit growth, continues to act as a buffer for declining hatchback and sedan sales. At 1.10 million units, wholesales or OEM vehicle dispatches to showrooms in the April-August 2024 period were up 15% year on year (April-August 2023: 963,277 units). UV dispatches account for 63% of overall passenger… Continue reading SUV-MPV sales rise 15% to 1.1 million units in April-August, M&M, Toyota, Tata gain market share