@niche: Xos Delivers 65 Vehicles to Merchants Fleet in Q3 2022002208

LOS ANGELES, Oct. 03, 2022 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading technology company that provides fleet services, software solutions, and manufactures Class 5 through Class 8 battery-electric commercial vehicles, today announced it has delivered 65 of its 100% battery-electric stepvan to return customer Merchants Fleet. The vehicles have been split between Antioch… Continue reading @niche: Xos Delivers 65 Vehicles to Merchants Fleet in Q3 2022002208

@Hyundai: Kia announces September 2022 global sales results

September global sales at 249,146 units, up 11.0% y/y Sales outside of Korea recorded 209,137 units, up 10.9% y/y Sales in Korea recorded 40,009 units, up 11.8% y/y Kia to continue creating sales momentum and enhancing profitability through new models, such as the award-winning Kia EV6 Kia Corporation recorded total global sales of 249,146 units… Continue reading @Hyundai: Kia announces September 2022 global sales results

GIC backs Indian EV startup Euler Motors in $60 million funding

Euler Motors, an Indian startup that designs and builds commercial electric vehicles, has raised $60 million in a new funding round as it works to ramp up its production capacity and broaden its offerings. Singapore’s sovereign fund GIC led the New Delhi-headquartered startup’s Series C funding. Blume Ventures, Athera Venture Partners, QRG, ADB Ventures and… Continue reading GIC backs Indian EV startup Euler Motors in $60 million funding

@Groupe PSA: OP Electrified times three000436

The sixth New Mobility Rally proved it impressively: not only is the future of Opel electric, the present is already electrified. Whether it’s a pure electric car, a plug-in hybrid or a hydrogen fuel cell – Opel was the only manufacturer to put all three drive variants on the track. For the manufacturer with the… Continue reading @Groupe PSA: OP Electrified times three000436

Hyundai Mobis developed 5G communication module for autonomous and connected vehicles

Hyundai Mobis secures integrated control technology for both a 5G communication module and V2X and is ready to make a full-scale entry into the autonomous driving and connected car market. An integrated control system for ultra-high-speed connection is crucial for large-volume data processing and real-time services in the future car market. Mobis is set to… Continue reading Hyundai Mobis developed 5G communication module for autonomous and connected vehicles

Women taking driver’s seat in EV industry

Representative Image Women professionals are emerging as the preferred choice in India’s burgeoning electric vehicle (EV) industry with legacy companies as well as startups seeking better gender balance at workplaces. For every 10 new hires in the EV sector, six tend to be women skilled in business modelling, design redevelopment, e-mobility and renewable energy management,… Continue reading Women taking driver’s seat in EV industry

Why GM’s Cruise division is bullish despite losing $5m a day

Currently reading: Why GM’s Cruise division is bullish despite losing $5m a day Europe-bound General Motors’s autonomous driving arm lost $500m in Q2 2022, but bosses anticipate a turnaround Open gallery GM CEO Mary Barra said in July that Cruise could eventually raise $50 billion per year Cruise currently uses a fleet of adapted Chevrolet… Continue reading Why GM’s Cruise division is bullish despite losing $5m a day

GM touts better availability, strong demand for third-quarter sales spike

General Motors reported a sales boost in the third quarter of 2022, reversing a decline from the previous quarter with the company touting improved vehicle availability and strong customer demand. The company said its US sales rose 24% compared with the same period in 2021, from 446,997 to 555,580. GM, in a news release, said… Continue reading GM touts better availability, strong demand for third-quarter sales spike

@Hyundai: Innovation and Distinctive Design Underscored: Kia Canada introduces second-generation 2023 Niro

Second-generation Niro completely redesigned, available in all electric (BEV), plug-in hybrid (PHEV) and hybrid (HEV) further advancing Kia’s Plan S electrification initiative All-new exterior and interior styling incorporates cues from HabaNiro concept and the “Opposites United” design philosophy Pricing for the Niro EV to start in the mid $40,000s Limited number of Niro EV’s will… Continue reading @Hyundai: Innovation and Distinctive Design Underscored: Kia Canada introduces second-generation 2023 Niro