Hyundai Motor, Kia sign pact with India’s Exide Energy on EV batteries

Hyundai Motor Co and Kia Corp on Monday signed a memorandum of understanding with India’s Exide Energy Solutions Ltd on battery production for their electric vehicles (EVs) in India. The South Korean auto duo said in a statement that their partnership with Exide Energy, a subsidiary of Exide Industries Ltd , aims to localise their… Continue reading Hyundai Motor, Kia sign pact with India’s Exide Energy on EV batteries

Cleantechnica: Tesla, Toyota, or Hyundai — Who Wore It Best? A 1st Quarter US Sales Analysis 003340

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! In this article, I analyze the Q1 sales results of three leading automakers and try to make sense of why the EV laggards did the best. Image credit: Good Car, Bad Car I’m going to discuss the electrification strategy… Continue reading Cleantechnica: Tesla, Toyota, or Hyundai — Who Wore It Best? A 1st Quarter US Sales Analysis 003340

Best cheap hot hatchbacks

Hot hatchbacks have long been popular in the UK, combining great handling and punchy power delivery, while being wrapped up in a practical package. However, with hot hatch prices hitting dizzying heights on the new car market, affordability is a concern for many. Fortunately, there are plenty of used hot hatches that can deliver the… Continue reading Best cheap hot hatchbacks

ZF opens state-of-the-art technology centre in Mexico

Global technology company ZF officially opened the campus that will house four corporate function hubs for North America and the company’s first R&D centre in Mexico, on April 4, 2024. The new building joins the advanced electronic components manufacturing plant that began production in 2023, thus completing the Monterrey campus – a strategic complex for… Continue reading ZF opens state-of-the-art technology centre in Mexico

Clean Technica: World EV Sales Now 13% Of World Auto Sales003336

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Global plugin vehicle registrations were up 3% in February 2024 compared to February 2023. There were 830,000 registrations, making it possibly the last month with fewer than one million sales per month ever for plugin electric vehicles. BEVs were… Continue reading Clean Technica: World EV Sales Now 13% Of World Auto Sales003336

Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor, along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. Hyundai, Kia top Ford, GM in EV sales with affordability After the… Continue reading Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Hyundai’s Genesis brand is a dark horse in U.S. luxury vehicle market

Michael Wayland / CNBC NEW YORK — When Hyundai Motor launched its Genesis luxury brand domestically in 2016, many were skeptical the South Korean automaker — recognized mainly for budget vehicles at the time — knew what it was doing. Among the skeptics were auto industry veterans Randy Parker and Claudia Marquez. Both were working… Continue reading Hyundai’s Genesis brand is a dark horse in U.S. luxury vehicle market

Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’ Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand Goal to sell 1.6 million EVs annually in 2030, introducing 15 models PBV to play… Continue reading Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors to Secure Counsel in Securities Class Action – NGA

NEW YORK, April 5, 2024 /PRNewswire/ — WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of those who held the common stock of Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company (NYSE: NGA, LEV) as of the record date of March 18,… Continue reading ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors to Secure Counsel in Securities Class Action – NGA

Kia to introduce Carens EV and mass market EV in 18 months

With an eye on building a portfolio of 15 electric vehicles by 2027, South Korean carmaker Kia has a dedicated emerging market strategy for markets like India that will help the company attain its target of 1.6 million EV sales by 2030.  Ho-Sung Song, Kia President and CEO told investors on Friday, that in emerging… Continue reading Kia to introduce Carens EV and mass market EV in 18 months