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ASX and Spirit AeroSystems partner to develop affordable eVTOL aircraft for mass production

Green Car Congress

Airspace Experience Technologies ( ASX ), an aviation technology start-up, and Spirit AeroSystems, a global aircraft design and manufacturing company, have signed a memorandum of understanding and a definitive agreement to cooperate on creation of affordable, certified all-electric, vertical take-off and landing (eVTOL) aircraft.

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

Baua Electric

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. 305 $51,265 SE Dual Motor AWD 77.4 361 $43,656 SEL RWD 77.4

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Lucid’s mid-size ‘Model Y competitor’ slated for late 2026 production

Teslarati

Lucid Motors held its earnings call for Q1 this week, during which CEO Peter Rawlinson teased a future electric vehicle (EV) expected to take aim at the Tesla Model Y. And a small battery is a key element to lowering costs when it comes to making an EV.” “We’re already competing with Tesla,” Rawlinson said.

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Renault Group takes 21% stake in axial flux e-motor company Whylot

Green Car Congress

Renault Group has acquired a 21% minority stake in Whylot , a company based in the Lot region of France that has developed an innovative axial flux automotive e-motor. Renault Group has previously signed a partnership with Whylot to develop and industrialize on a large scale an axial flux e-motor. Whylot axial flux motor.

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Hyundai Motor accelerates hydrogen technology development through 3 strategic investments

Green Car Congress

Hyundai Motor Company announced key investments into three hydrogen companies—Impact Coatings, H2Pro and GRZ Technologies—to strengthen its leadership position in the global hydrogen fuel cell ecosystem. —Youngcho Chi, President and Chief Innovation Officer at Hyundai Motor Group. Impact Coatings.

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Hyundai Motor Group to acquire controlling interest in mobile robot firm Boston Dynamics

Green Car Congress

Hyundai Motor Group will acquire a controlling interest in the mobile robot firm Boston Dynamics from Softbank in a deal that values Boston Dynamics at $1.1 The deal came as Hyundai Motor Group envisions the transformation of human life by combining world-leading robotics technologies with its mobility expertise. Hyundai Mobis Co.

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GM and Honda expanding partnership to codevelop series of affordable EVs in most popular vehicle segments; on sale in 2027

Green Car Congress

General Motors and Honda plan to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. The compact crossover segment is the largest in the world, with annual volumes of more than 13 million vehicles.

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