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Hyundai Motor Company to build automotive plant in Saudi Arabia

Electric Cars Report

The Saudi sovereign wealth fund PIF (Public Investment Fund) and Hyundai Motor Company have announced the signing of a joint venture agreement to establish a highly automated vehicle manufacturing plant in Saudi Arabia. PIF will hold a 70% stake in the new joint venture with Hyundai holding the remaining 30%.

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Hyundai Motor Group Starts Building Lunar Exploration Rover Development Model

Electric Cars Report

Hyundai Motor Group has started building an initial development model of a lunar exploration mobility rover in tandem with aerospace partners.

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General Motors to build Ultium electric drives in Ontario

Electric Cars Report

General Motors has announced that it plans to invest in its powertrain plant in St. Catharines, Ontario, in order to produce more than 400,000 new Ultium electric drive system units per year. The investment will also create around 500 jobs in the assembly of electric drive systems.

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Volvo Cars to triple electric car production capacity in Ghent after strong year of electrified car sales

Green Car Congress

Volvo Cars is tripling electric car manufacturing capacity at its plant in Ghent, Belgium as it prepares to meet fast growing demand for its Recharge line-up of chargeable cars. The plant already builds the XC40 Recharge, the company’s first fully electric car, as well as a plug-in hybrid version of the XC40.

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Hitachi, Mitsubishi Motors and ENGIE testing plug-in vehicles as renewable energy storage for office buildings

Green Car Congress

Mitsubishi Motors and ENGIE are partnered in a project to explore the potential for electric vehicles to act as a means of energy storage for an office building. For this demonstration, the consortium linked Hitachi’s vehicle-to-everything (V2X) charger to ENGIE’s office building in Zaandam, The Netherlands.

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Hyundai to build IVECO-badged electric van for Europe

Electric Cars Report

Hyundai Motor Company and Iveco Group announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV portfolio alongside the iconic IVECO Daily.

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Hyundai to build Tesla knockoff for Chinese EV maker Arcfox

Electrek

South Korean automaker Hyundai Motors plans to build EVs under the brand Arcfox, a Chinese electric car company co-owned by BAIC Motor Corp. more… The post Hyundai to build Tesla knockoff for Chinese EV maker Arcfox appeared first on Electrek.

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