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Hyundai Motor Group breaks ground on Metaplant America dedicated EV and battery plant

Green Car Congress

Hyundai Motor Group officially broke ground today on Hyundai Motor Group Metaplant America (HMGMA) LLC’s new manufacturing plant at the Bryan County Mega site. Approximately $1 billion is anticipated to be invested by non-affiliated HMGMA suppliers in connection with the project in other locations. Earlier post.).

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German EV Motor Could Break Supply-Chain Deadlock

Cars That Think

Among the countless challenges of decarbonizing transportation, one of the most compelling involves electric motors. More than a few of them are at ZF Friedrichshafen AG , one of the world’s largest suppliers of parts to the automotive industry. The comany has not yet revealed its motor’s specific power—its kW/kg rating.)

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Hyundai Motor Group invests in startup BOS Semiconductors as part of larger automotive semiconductor strategy

Green Car Congress

Hyundai Motor Group hsa invested in BOS (Best Of Silicon) Semiconductors, a fabless startup based in Korea that designs system-on-chip (SoC) solutions. Youngcho Chi, President of the Innovation Division of Hyundai Motor Group. ZER01NE’s second fund has an expanded investment target and scope compared to its first fund, formed in 2018.

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Hyundai Motor showcases miniature model of its smart mobility ecosystem

Green Car Congress

Hyundai Motor will display a 1:8-scale model of its ‘UAM-PBV-Hub’ smart mobility ecosystem ( earlier post ) in its headquarters lobby until June 12 and at global events afterward. On the ground, PBVs can be seen running on the road, traveling around the Hub, becoming part of the building when connecting to the Hub’s docking station.

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Who Will Free EV Motors from the Rare Earth Monopoly?

Cars That Think

As the world builds more and more electric cars and trucks—and electrifies other modes of transit—a race is underway to build the ideal, mean-and-green motor. The goal is a traction motor that’s at least as powerful, reliable, and lightweight as today’s industry standard rare-earth permanent magnet synchronous motor.

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Electric Last Mile Solutions announces long-term supply agreement with Wuling Motors

Green Car Congress

Wuling Motors), a supplier of automotive components and one of China’s leading automotive manufacturers of electric cargo vans and light-duty specialty vehicles. A Class 1 vehicle has a GVWR of 6,000 less or less. Urban Delivery is expected to enter the US market at a starting price of approximately $25,000, after incentives.

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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 existing system, auto parts can only be shared among vehicles that share the same platform. trillion (US$27.8 Production.

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