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Canadian company AK Motor International introduces new EV brand: Maple Majestic

Green Car Congress

Canada-based AK Motor International Corporation, an automotive intellectual property management company, is launching a new electric vehicle brand: Maple Majestic. Arising from AK Motor’s project CANU (Canadian Automotive New Utilities), Maple Majestic is intended to excel in difficult environments.

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Jeep introducing all-electric Avenger at Paris Motor show

Green Car Congress

The Jeep brand will showcase a 100% electrified presence at the 2022 Paris Motor Show (Mondial de L’Automobile 2022), with a stand fully dedicated to the introduction of the all-new fully electric Jeep Avenger, the brand’s first BEV. It will also be followed early next year by the launch of the 4xe version of the all-new Jeep Grand Cherokee.

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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

Green Car Congress

In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. The new Hyundai BEV models will include three sedan models, six SUVs, one light commercial vehicle as well as one new type model. The company earmarked KRW 95.5

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CBAK Energy partners with JAC Motors to develop new battery cells, including 4680 format

Green Car Congress

CBAK Energy Technology, a lithium-ion battery manufacturer and electric energy solution provider, signed a three-year strategic agreement with Anhui Jianghuai Motors Group Co., JAC Motors is a Chinese state-owned automobile and commercial vehicle manufacturer. Ltd for joint product development.

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Mullen Automotive acquires controlling interest in EV truck maker Bollinger Motors

Green Car Congress

Mullen Automotive, an emerging EV manufacturer, is acquiring a controlling interest in EV truck maker Bollinger Motors. million in cash and stock for a 60% controlling interest, which gives Mullen the majority ownership of Bollinger Motors. Bollinger B1: Class 3 Sport Utility EV SUV. The purchase price is $148.2

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

Green Car Congress

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 In the second-generation platform, the scope of vehicle development extends beyond the mid-sized SUVs covered by the current E-GMP system.

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GM investing nearly $154M in Lockport Components plant for production of electric motor stator

Green Car Congress

General Motors plans to invest nearly $154 million in its Western New York Lockport Components plant. The investment will be used to renovate the facility and purchase and install new machinery and equipment used in the production of the stator module, a key component in an electric motor. Ultium Drive stator.

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