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Kia suddenly shifts to hybrids, affordable EVs amid ‘waning global demand’

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. It plans to boost demand by launching a series of new affordable EVs.

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Kia suddenly shifts to hybrids, affordable EVs amid waning global demand

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. It plans to boost demand by launching a series of new affordable EVs.

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Battery cost makes affordable Toyota EV unlikely, exec says

Baua Electric

Some automakers are launching small, affordable EVs for the European market, but Toyota currently has no plans to follow them, Andrea Carlucci, the automaker’s European development boss, said. Among the planned models, however, is a small electric SUV for Europe , based on the Urban SUV Concept shown in late 2023.

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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

Green Car Congress

Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. Andalusia has world-class port infrastructure, connected to the main ports of Europe and the world.

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Westport awarded additional production supply agreement for Euro 7 LPG fuel systems by global OEM

Green Car Congress

Westport Fuel Systems has been designated as the supplier of liquified petroleum gas (LPG) systems to a global original equipment manufacturer (OEM). As a cost-competitive alternative fuel solution to achieve sustainability goals, LPG is a compelling option in markets such as Europe where the refueling infrastructure is well established.

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UC Davis report urges policy actions to accelerate equitable transition to ZEVs in Global South

Green Car Congress

Facilitating a Transition to Zero Emission Vehicles in the Global South ” examines the status of zero-emission vehicle (ZEV) uptake across the world and considers how to accelerate the transition. Despite these developments, the global distribution of ZEVs remains deeply uneven, the report says.

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TomTom: Global traffic congestion up; Bengaluru world’s most traffic-congested city

Green Car Congress

Overall, traffic congestion has increased globally during the last decade, and the 239 cities (57%) TomTom included in the new Traffic Index report had increased congestion levels between 2018 and 2019, with only 63 cities showing measurable decreases. Globally, there’s a long road to travel until congestion levels are brought under control.

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