article thumbnail

Hyundai will ‘take the bull by the horns’ with a new EV brand in the world’s biggest market

Baua Electric

Hyundai is set to launch a new EV brand as it looks to gain its share of the largest market globally. Fully electric vehicles accounted for over 23% of new car sales last year in China, with 6.68 South Korea’s Hyundai wants its piece of the booming market. Now, Hyundai will launch a tailor-made EV brand with BAIC.

Hyundai 52
article thumbnail

BYD EV sales grew nearly 50% in January as exports reached a new high

Baua Electric

BYD EV sales momentum continues in January BYD sold 105,304 fully electric cars last month, up 48% from the 71,338 handed over last year. Interestingly, BYD’s all-electric vehicles are beginning to outpace its plug-in hybrids (PHEVs). It’s about transitioning the auto industry for a sustainable future.

BYD 52
article thumbnail

2025-2035: Rewriting The Automotive History

Get Electric Vehicle

A recent report from the Environmental Defense Fund indicates that electric vehicle sales volumes are growing at a rapid pace, signalling an epochal shift in the auto industry over the next decade. Hyundai-Kia. Hyundai Motor Group has not stated if it would become all-electric, but it has stated that it will invest $7.4

article thumbnail

VW Joke, Kia EV6 Details – EV Week in Review: March 23-30

EV Adoption

Kia EV6 will have 282 miles of range and 800V Charging – Kia revealed specifications on Tuesday for its upcoming EV6, its first EV built on the Hyundai Group dedicated platform known as Electric-Global Modular Platform (E-GMP). auto industry is headed,” Buttigieg said. Automakers and Models.

Kia 52
article thumbnail

Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

Honda of America plans to sell 2 fully electric SUVs in 2024, Based on GM’s Ultium Platform – Honda confirmed plans to sell two all-electric SUVs in the US for the 2024 model year, and it soon will offer hybrid gas-electric versions of its top-selling models. – March 10, Politico.

Kia 52