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

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In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. Under the new plan, the company aims to boost annual global BEV sales to 1.87 Presentation of Jaehoon Chang, President and CEO of Hyundai Motor Company.

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Electrified Automation awarded £6M to further development of new manufacturing process for electric motors; PIMMS

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million) in government funding to further develop its innovative process for manufacturing electric motors that are more cost-competitive, powerful and efficient than many of the products currently available in the marketplace. As global motor production increases so does the need to find end of life solutions for electric motors.

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Electric motor company YASA enters innovation agreement with global automotive manufacturer for hybrids and EVs

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YASA, a leading manufacturer of axial-flux electric motors and controllers, signed a long-term joint innovation agreement with a global automotive OEM. The partnership will focus on developing custom electric motor and controller solutions for the OEM’s high-performance hybrid and pure electric vehicles. Earlier post.).

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Hyundai Motor Group’s connected car services reach 10M global service subscribers

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Hyundai Motor Group surpassed 10 million global connected car service subscribers this month. Hyundai Motor, Kia and Genesis currently operate Bluelink, Kia Connect and Genesis Connected services. The Group introduced the first connected car services in Korea in 2003 and has since expanded the services to the global market.

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Mercedes-Benz to manufacture YASA axial-flux electric motors in Berlin

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Mercedes-Benz will build ultra-high-performance axial-flux electric motors at its Berlin site, as the world’s pre-eminent luxury car brand prepares to go all electric by 2030, where market conditions allow. Production of the motors will begin next year.

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Delhi Transport Corporation orders 1500 Tata Motors electric buses

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Delhi Transport Corporation (DTC) signed a definitive agreement with Tata Motors’ fully owned subsidiary, TML CV Mobility Solutions Ltd. Tata Motors has steadily worked to engineer mobility solutions powered by alternate fuel technology, including battery-electric, hybrid, CNG, LNG and Hydrogen Fuel Cell technology.

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Cadillac CELESTIQ to be built at GM’s Global Technical Center

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General Motors will invest more than $81 million into the company’s Global Technical Center in Warren, Michigan, to prepare the campus to build the Cadillac CELESTIQ ( earlier post ). —Mark Reuss, president, General Motors. Cadillac CELESTIQ show car. Cadillac CELESTIQ show car.

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