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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. million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand.

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

Green Car Congress

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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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 It plans to convert additional lines as market demand dictates. trillion (US$85 billion) over the next 10 years, including KRW 35.8 Production.

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Tata Motors crosses USD 50 billion mark in annual turnover | Autocar Professional

Baua Electric

In a landmark achievement for the Indian automotive industry, Tata Motors became the first domestic automaker to breach the USD 50 billion mark in annual turnover. British luxury brand JLR is the main revenue contributor of Tata Motors, accounting for around 70 percent of its consolidated revenue from operations. billion (Rs 31,399.09

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Hyundai Motor and Unity partner to build meta-factory accelerating intelligent manufacturing innovation; digital twin

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Hyundai Motor Company and Unity, a platform for creating and operating real-time 3D (RT3D) content, announced a partnership to design and build jointly a new “metaverse roadmap” and platform for Meta-Factory.

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Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

Green Car Congress

Hyundai Motor Group and Grab Holdings Inc. The Group—including Hyundai Motor Company and Kia Corporation—and Grab will further develop new pilots and initiatives that lower the barriers of entry for Grab driver and delivery-partners to adopt EVs, such as lowering the total cost of ownership and reducing range anxiety.

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Kia starts pilot of last-mile delivery service in Singapore for future electric PBV business

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to break into Singapore’s last-mile delivery market. On January 28, the two companies signed a memorandum of understanding aimed at launching a pilot project in Singapore using the Niro EV and evaluating the potential for a future PBV-based business model.

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