@Hyundai: Kia underlines credentials as a leading ‘EV brand’ at 2024 Beijing International Automotive Exhibition

Kia reaffirms its commitment to offering Chinese customers high quality, innovative EVs by showcasing Kia EV5 and Kia EV6 models Kia presents paradigm-shifting ‘Uni Wheel’ and smart driving technologies Kia unveils the upgraded Sonet for the Chinese market Kia is showcasing its award-winning EV models and latest smart driving technologies at the 2024 Beijing International… Continue reading @Hyundai: Kia underlines credentials as a leading ‘EV brand’ at 2024 Beijing International Automotive Exhibition

LG Energy Solution Makes Progress Amid Market Uncertainties, Aims to Strengthen Fundamental Competitiveness This Year

LG Energy Solution records KRW 6.1287 trillion in consolidated revenue and KRW 157.3 billion in operating profit Despite market uncertainties, the company bears fruits in expanding U.S. operation and developing new business areas LG Energy Solution to focus on strengthening fundamental competitiveness by improving investment efficiency and cost-competitiveness SEOUL, South Korea, April 24, 2024 /PRNewswire/ —… Continue reading LG Energy Solution Makes Progress Amid Market Uncertainties, Aims to Strengthen Fundamental Competitiveness This Year

Hyundai Motor Group Chairman Euisun Chung visits India amid IPO buzz

Amid buzz around the Initial Public Offering in India, the global CEO and Chairman of Hyundai Motor Group visited the country this week to review the local operations, Autocar Professional learns exclusively. Sources said, Chairman Euisun Chung and CEO Chang Jae-Hoon visited India and held a series of meetings in their Gurgaon office on Tuesday. Apart… Continue reading Hyundai Motor Group Chairman Euisun Chung visits India amid IPO buzz

Hyundais and houses: Japan electronics chain to sell EV-home bundles

TOKYO — Yamada Holdings, the operator of Japan’s largest home electronics retail chain, will begin selling Hyundai Motor electric vehicles this week, Nikkei has learned. Known mostly for its flagship Yamada Denki chain, Yamada Holdings is also involved in real estate and other industries. It will sell Hyundai EVs bundled with homes, using some Yamada… Continue reading Hyundais and houses: Japan electronics chain to sell EV-home bundles

Renault Nissan drops entry A EV for India, may opt for CMF-B EV with Rs 15 – 20 lakh price points

Having committed USD 600 million in the Indian market, Renault Nissan Automotive India – the Franco-Japanese alliance has dropped its plans of launching an electric vehicle based on the Common Module Family-A platform. Sources say that the entry EV, mooted last year as part of its next steps for the Indian market was not viable… Continue reading Renault Nissan drops entry A EV for India, may opt for CMF-B EV with Rs 15 – 20 lakh price points

Kia Carens gets 3-star Global NCAP rating in fresh tests

The Kia Carens has been crash tested under Global NCAP’s new protocols, and it has received a 3-star rating. While it may seem like the Carens’ result is the same as the last time, this time around, Kia had volunteered for the Carens to be tested under the new protocols. The road safety organisation also announced that Kia’s… Continue reading Kia Carens gets 3-star Global NCAP rating in fresh tests

Maruti Fronx sells 135,000 units in 12 months, second best-selling Nexa model in FY2024

The Fronx, the youngest member of Maruti Suzuki India’s premium Nexa models, turns a year old today. Unveiled globally at the Auto Expo 2023 and launched on April 24, 2023, the Fronx has achieved total wholesales of 134,735 units in the domestic market till end-March 2024. This makes for strong average monthly sales of 11,227… Continue reading Maruti Fronx sells 135,000 units in 12 months, second best-selling Nexa model in FY2024

Mobis Commences Construction of Electric Vehicle Battery System Plant in Spain for Volkswagen

First electrification-dedicated plant in Western Europe… Aiming for mass production in 2026 as a pivotal electrification hub for global customers Groundbreaking ceremony held on the 23rd local time in Navarre, attended by the Governor and other officials, with supplies to be delivered directly to nearby client bases Investment of 170 Billion KRW (approx, 120 Million… Continue reading Mobis Commences Construction of Electric Vehicle Battery System Plant in Spain for Volkswagen

Nissan LEAF and Ariya top most affordable EVs in Q1 as Hyundai, Tesla, Toyota close in

Electric vehicle prices have come down significantly, with the top five most affordable EVs in Q1 all selling for under $41,000. Two Nissan EVs topped the list, while Hyundai, Tesla, and Toyota electric models rounded out the top five. Nissan, Hyundai, and Tesla top most affordable EVs in Q1 According to Cox Automotive data, electric… Continue reading Nissan LEAF and Ariya top most affordable EVs in Q1 as Hyundai, Tesla, Toyota close in