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Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

Green Car Congress

Hyundai Motor Group and Grab Holdings Inc. are enhancing their ongoing strategic partnership in mobility services to focus on accelerating EV adoption in Southeast Asia. Both parties will also develop a joint EV roadmap to accelerate adoption in Southeast Asia. —Russell Cohen, Group Managing Director of Operations, Grab.

Asia 199
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Local Motors and Protean Electric extend strategic partnership

Green Car Congress

Autonomous vehicle company Local Motors and in-wheel motor company Protean Electric expanded their long-standing partnership, inking a further three-year deal valued at $7.3 Under this new order, Protean Electric will deliver thousands of its ProteanDrive in-wheel motors (IWMs) to power Local Motors’ Olli 2.0

Motor 259
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Hyundai Motor Group’s connected car services reach 10M global service subscribers

Green Car Congress

Hyundai Motor Group surpassed 10 million global connected car service subscribers this month. Hyundai Motor, Kia and Genesis currently operate Bluelink, Kia Connect and Genesis Connected services. The milestone comes one year and 10 months after reaching 5 million subscribers in August 2021.

Connect 221
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Energy major Total leads strategic investment into supplier of hydrogen fuel-cell powered commercial vehicles HYZON Motors

Green Car Congress

Hydrogen mobility and clean energy company, HYZON Motors, and Total Carbon Neutrality Ventures, the venture capital arm of European energy giant Total SE, announced a strategic investment led by Total and other specialist hydrogen investors. —Craig Knight, CEO and Co-Founder of HYZON Motors.

Hydrogen 435
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BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

Established in 1994, UzAuto is the largest automotive holding company in Central Asia with more than 70 subsidiaries in its structure and more than 27,000 employees. Central Asia map by Cacahuate - Own work based on the blank world map, CC BY-SA 4.0. Central Asia map by Cacahuate - Own work based on the blank world map, CC BY-SA 4.0.

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EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia

Green Car Congress

EIA projects most of this growth will come from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia. Other significant findings of IEO2019 include: Manufacturing centers are shifting toward Africa and South Asia, especially India, resulting in energy consumption growth in those regions.

Asia 220
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Figures released by the ASEAN Automotive Federation (AAF) show that total vehicle sales in Southeast Asia will be about 2.79 Southeast Asia’s new energy vehicle market is expected to grow from about $500 million in 2021 to $2.67 The attractiveness of Southeast Asia to new energy vehicle companies is gradually strengthening.

Asia 97