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Motor vehicles and component parts sector employment in US grew by 3% from 2017 to 2018

Green Car Congress

The Motor Vehicles and Component Parts sector employed 3% more people in 2018 than 2017. More than 2 million employees in the sector worked with conventional gasoline and diesel vehicles in 2018, up 1.4% Electric vehicle employees grew 21% and plug-in hybrid electric vehicle employees grew 31% from 2017 to 2018.

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Hyundai Motor Group invests in startup BOS Semiconductors as part of larger automotive semiconductor strategy

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Hyundai Motor Group hsa invested in BOS (Best Of Silicon) Semiconductors, a fabless startup based in Korea that designs system-on-chip (SoC) solutions. ZER01NE’s second fund has an expanded investment target and scope compared to its first fund, formed in 2018.

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Hyundai Mobis building third core EV parts plant in Korea

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Hyundai Mobis is building its third core parts plant for electric vehicles in Pyeongtaek, Gyeonggi-do, Korea, following plants in Chungju and Ulsan. From the second half of next year, the new plant is expected to mass-produce 150,000 EV-specific module parts per year. It is only about 13 km away from the Hwaseong plant of Kia Motors.

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Yamaha Motor developing high-performance motor prototype for cars and other vehicles

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Yamaha Motor has begun accepting orders for a high-performance electric motor prototype that is capable of delivering industry-leading high power density for automobiles and other types of vehicles. Sample dual-motor package. 35kW prototype unit under development.

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Hyundai Motor expands partnership with US Government to support further exploration of hydrogen fuel cell technologies

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Hyundai Motor Company is expanding its partnership with the US Department of Energy (DOE) and its support of the DOE Hydrogen and Fuel Cells Program. Euisun Chung, Executive Vice Chairman of Hyundai Motor Group and Under Secretary of Energy Mark W. Kia Motors Corp. and parts-maker Hyundai Mobis Co.—announced

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Seeing Machines driver monitoring tech debuts in 2018 Cadillac CT6 as part of Super Cruise

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Seeing Machines, a developer of computer vision technologies, announced the automotive production debut of its FOVIO driver monitoring technology in the 2018 Cadillac CT6.

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Volvo Cars invests in designing and developing electric motors in-house

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Volvo Cars says that it is making significant investments that allow for the in-house design and development of electric motors for the next generation of Volvo models, as the company continues to move towards becoming a fully electric car maker. The newly opened electric motor lab in Shanghai became operational last month.

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