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Hyundai Motor Group to invest $7.4B in US by 2025 for EVs, smart mobility, enhanced production

Green Car Congress

Hyundai Motor Group signed an MOU with the US Department of Energy in February 2020 to cooperate in hydrogen fuel cell technology innovation and global expansion. This included the installation of a hydrogen refueling station and providing NEXO SUVs.

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SETEC POWER Emergency Mobile EV Charging System Unveiled in Bali

Setec Powerr

Meanwhile, the Lexus UX 300e is an electrified vehicle with premium Battery EV technology, a subcompact SUV type that was first marketed in 2020. In addition, it also participates in developing an integrated electrified vehicle ecosystem through the EV Smart Mobility Bali Project and the EV Smart Mobility Toba Project.

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What is Decarbonization?

Driivz

Even with the temporary drop in mobility in 2020 due to the COVID-19 pandemic, emissions from transportation are still rising globally. Electrification of light-duty road vehicles — cars, SUVs, and small trucks — will address more than half of the sector’s CO2 emissions. However, it varies widely depending on location.

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