Tag: Hyundai

CATL and Beijing Hyundai sign strategic agreement on EV batteries

BEIJING, April 28, 2024 /PRNewswire/ — On April 25, 2024, CATL (SZ:300750) and Beijing Hyundai signed a strategic partnership agreement at Auto China 2024 to cooperate on Beijing Hyundai’s EV projects and to power future Beijing Hyundai electric models with CATL batteries. As a joint venture with a deep presence in China for 21 years, Beijing Hyundai… Continue reading CATL and Beijing Hyundai sign strategic agreement on EV batteries

CATL and Beijing Hyundai sign strategic agreement on EV batteries

BEIJING, April 28, 2024 /PRNewswire/ — On April 25, 2024, CATL (SZ:300750) and Beijing Hyundai signed a strategic partnership agreement at Auto China 2024 to cooperate on Beijing Hyundai’s EV projects and to power future Beijing Hyundai electric models with CATL batteries. (PRNewsfoto/Contemporary Amperex Technology Co., Limited (CATL)) As a joint venture with a deep presence in… Continue reading CATL and Beijing Hyundai sign strategic agreement on EV batteries

Maruti Fronx tops new-model UV sales in FY2024, plenty of new SUV launches in FY2025

FY2024’s record sales of 4.21 million passenger vehicles comprising hatchbacks, sedans, utility vehicles and vans in India were powered by the utility vehicle (UV) segment, particularly SUVs which had a 50 percent share of the overall PV market. Utility vehicles accounted for 25,20,691 units (up 26% YoY) and 60% of entire PV sales in FY2024v.… Continue reading Maruti Fronx tops new-model UV sales in FY2024, plenty of new SUV launches in FY2025

CATL and Beijing Hyundai sign strategic agreement on EV batteries

BEIJING, April 27, 2024 /PRNewswire/ — On April 25, 2024, CATL (SZ:300750) and Beijing Hyundai signed a strategic partnership agreement at Auto China 2024 to cooperate on Beijing Hyundai’s EV projects and to power future Beijing Hyundai electric models with CATL batteries. As a joint venture with a deep presence in China for 21 years, Beijing Hyundai… Continue reading CATL and Beijing Hyundai sign strategic agreement on EV batteries

Maruti Suzuki targets sales of 6 lakh CNG vehicles in FY-25

As part of its strategy to push alternative fuels on the path to reducing carbon footprint, Maruti Suzuki is looking to sell over 6 lakh CNG vehicles in FY-25. The market leader is aiming to sell as many CNG vehicles this financial year as the rest of the market sold in FY-24. If the company… Continue reading Maruti Suzuki targets sales of 6 lakh CNG vehicles in FY-25

@Hyundai: Kia announces 2024 First Quarter Business Results

Kia posts 2024 Q1 global sales of 760,515 units, a 1% decrease Y/y Q1 revenue of KRW 26.21 trillion, with operating profit of KRW 3.43 trillion; operating profit margin hits 13.1%…  Highest ever quarterly operating profit and operating profit margin Increased product mix and average selling price, as well as stabilized raw material prices and… Continue reading @Hyundai: Kia announces 2024 First Quarter Business Results

Hyundai Motor Group Executive Chair Euisun Chung Visits India to Underline Mid- to Long-term Mobility Strategic Commitments

Hyundai Motor Group to establish mid- to long-term strategies to solidify its position as a leading mobility provider in India …   Hyundai Motor India to establish an annual production system of one million units by 2025; Combined with Kia India, Hyundai Motor Group to be able to annually produce 1.5 million units annually in India… Continue reading Hyundai Motor Group Executive Chair Euisun Chung Visits India to Underline Mid- to Long-term Mobility Strategic Commitments

Into the Omniverse: Unlocking the Future of Manufacturing With OpenUSD on Siemens Teamcenter X

Editor’s note: This post is part of Into the Omniverse, a series focused on how artists, developers and enterprises can transform their workflows using the latest advances in OpenUSD and NVIDIA Omniverse. Universal Scene Description, aka OpenUSD, is elevating the manufacturing game. Siemens, a leader in industrial technology, has embraced OpenUSD as a cornerstone of… Continue reading Into the Omniverse: Unlocking the Future of Manufacturing With OpenUSD on Siemens Teamcenter X

Hyundai Motor Q1 profit falls as EV demand weakens

SEOUL — Hyundai Motor’s operating profit fell slightly in the first quarter from the same period a year ago on subdued growth in the global electric vehicle market as hybrid cars find more favor with consumers. The automaker, the world’s third-largest in tandem with smaller affiliate Kia, said on Thursday that its operating profit reached… Continue reading Hyundai Motor Q1 profit falls as EV demand weakens