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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

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At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 trillion (US$85 billion) over the next 10 years, including KRW 35.8 trillion (US$27.8 billion) for electrification. Production.

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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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The US Department of Energy (DOE) awarded $19 million for 13 projects in traditionally fossil-fuel-producing communities across the country to support production of rare earth elements and critical minerals essential to the manufacturing of batteries, magnets, and other components important to the clean energy economy.

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Mainstay Fuel Technologies delivers 30 CNG fuel systems to Virginia Transportation for car carriers for Honda

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Mainstay Fuel Technologies, Inc. and Virginia Transportation Corporation announced the completion and delivery of 30 custom fuel systems for use in Virginia Transportation’s new fleet of CNG-powered car haulers. in Alabama. Cottrell completed the truck by adding the carrier body to the chassis.

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DOE awards Hyundai $4.95M for work on advanced mixed-mode gasoline engine; Co-Optima

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million over three years as part of an $80-million Co-Optima funding round ( earlier post ) to conduct research and development for an advanced mixed-mode gasoline (spark/compression ignition) engine to attain significant improvements in both fuel economy and CO 2 emissions. HATCI) was established in 1986 in Ann Arbor, Michigan.

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Hyundai unveils 2021 Elantra and Elantra Hybrid; 50 MPG EPA-estimated combined rating on the first Elantra Hybrid

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Production of the 2021 Elantra starts in the fall in Ulsan, Korea and at Hyundai Motor Manufacturing Alabama, and sales begin in the fourth quarter. —Brian Smith, chief operating officer, Hyundai Motor America. MPI Atkinson Cycle engine that also has a focus on fuel economy. We’ve sold more than 3.4

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HK Motors, American Public Gas Association and NGVAmerica to Collaborate to Promote Natural Gas Hybrids

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Hybrid Kinetic Motors Corporation (HK Motors), the American Public Gas Association (APGA) and NGVAmerica have formed a strategic collaboration to promote the mass production and sales of natural gas-powered hybrid passenger vehicles. Key actions of the collaboration include: Promoting consumer interest in natural gas hybrids.

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Honda announces next steps in preparation for EV production in US

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AEP will transfer component production for two different generations of engines to the engine plant at the Alabama Auto Plant (AAP). TMP-G will partner with a Honda supplier to install a new line to build e-axles, an essential component of EVs that combines the electric motor, gearing components and power electronics.

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