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Hyundai Motor Group to invest $87B over next 5 years; 44 electrified vehicles; new EV development system; hydrogen plans

Green Car Congress

Hyundai Motor Group (HMG) will invest more than KRW100 trillion (US$87 billion) over next 5 years—KRW20 trillion (~US$17.4 Through the new EV architecture development system, Hyundai Motor Group will innovate its cost structure for electric vehicles by sharing components in their application to various models.

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MG Motor India moots new sub-Rs 15 lakh EV MPV and SUV | Autocar Professional

Baua Electric

Buoyed by a fresh fund infusion from the JSW Group, MG Motor – the British brand owned by Shanghai Automotive Industry Corporation (SAIC) – is set to revamp its electric vehicle play in the country and challenge Tata Motors with a big focus on mass market products. It is around 4.3 It is around 4.3 strategy in Delhi in May 2023.

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Tata Motors commits almost $50M to UK National Automotive Innovation Campus

Green Car Congress

Tata Motors Limited, India’s largest automobile manufacturer, has confirmed its long term commitment to advanced research and development in the UK through the participation of its subsidiary, Tata Motors European Technical Centre (TMETC), in the UK’s National Automotive Innovation Campus (NAIC). Earlier post.).

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Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

Green Car Congress

Matthias Müller, CEO of Volkswagen AG, Bernhard Maier, CEO of ŠKODA Auto and Günter Butschek, CEO and Managing Director of Tata Motors Ltd., Under the terms of the memorandum, the Volkswagen Group and Tata Motors will explore possibilities for a strategic partnership in India. billion in 2015-16.

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Blue Chicken, the biggest taxi operator in Indonesia: Maximum EVs might be bought from BYD this past

Baua Electric

Indonesia, recognized for its plentiful reserves of nickel, an important quality in batteries, is actively selling the advance of its EV trade. The affordability of BYD fashions performed an important position in Blue Chicken’s choice, as they discovered them to be extra in sequence with their industry goals in Indonesia.

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How many vehicles can the earth sustain?

Green Car Congress

We first reached the 10-million-vehicle level in the world in 1920, about 34 years after the first motor vehicle appeared on the road. motorization rate to estimate the number of vehicles in the world in 2050 is not realistic. in Indonesia, and 3.3 The next 10-fold increase took an additional 44 years. Applying the current U.S.

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Honda President Ito steps down, Takahiro Hachigo to replace him

Green Car Congress

Honda Motor Co., Takanobu Ito, the current President, Chief Operating Officer and Representative Director, will remain on the board and assume the post of Director and Advisor to Honda Motor. where he became actively involved in the local development of Honda and Acura automobiles. from September 2012 to March 2013.

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