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Hyundai invests more in Georgia to produce hybrids

Teslarati

Hyundai Motor Co. Hyundai’s Georgia Metaplant was supposed to be a dedicated factory for EV production. However, Hyundai and a few more legacy automakers have mentioned a slowing demand for electric vehicles and have turned to hybrid production to recover losses. trillion won (US$2.5 from a year ago.

Georgia 98
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New milestone in 2023: What drove India to record over 41 lakh car sales

Baua Electric

REUTERS) The just concluded year 2023 was a cheerful one for the Indian auto industry, as the car manufacturers in the country breached the four million mark for the first time. the Indian automobile industry has been showing great resilience. This created quite a ruckus in the global auto industry.

India 52
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Much Awaited Electric Cars Sales Report – Feb’ 23

Electric Vehicles India

With the advent of battery technology, the automobile industry is shifting towards electric vehicles from the gasoline ones. 56 Hyundai Motors 48 111 8 500.0 -57 BMW, Hyundai Motors, Volvo, Mercedes-Benz, KIA Motors have sold a decent number of e-cars and the values can be seen in the table above. 41 AUDI AG 8 8 8 0.0

Sale 89
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Tesla and Toyota to revisit old partnership for new EV development: report

Teslarati

Citing an official from the Japanese automobile industry, the Chosun Ilbo , one of South Korea’s largest newspapers, stated that the upcoming partnership between Tesla and Toyota would likely result in the development of a small electric SUV. The partnership has reportedly been under review since last year. .

Toyota 145
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Thomson Reuters analysis finds automotive new propulsion technology patent activities surge 6-fold in 5 years

Green Car Congress

Patent data from 2009 through July 2014 show that activity in propulsion technology grew from fewer than 2,000 patents to nearly 12,000: more than any other technology area in the automotive industry. miles per gallon – and the industry is working diligently to comply.

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Government gets Rs 45000 crores investment under ACC Battery PLI Scheme; 4 successful names announced

Electric Vehicles India

Incentive structure’s main aim is to promote industry fresh investments in supply chain/ deep localization for battery manufacturing in the country. PLI scheme for Automobile and auto components (? Fast grow in Ev segment of automobile industry there is a scope of getting hug employment to youth.

India 78
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H2 Mobility initiative agrees on $474M plan for hydrogen refueling network in Germany; 400 stations by 2023

Green Car Congress

Accordingly the planned H2 Mobility joint venture will work closely together with the automobile industry. In addition to attractive procurement and operating costs for the vehicles, a need-related number of H 2 filling stations is one of the major preconditions for market success. Fuel Cells Hydrogen Infrastructure'

Germany 294