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Kia suddenly shifts to hybrids, affordable EVs amid waning global demand

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. It plans to boost demand by launching a series of new affordable EVs.

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Kia suddenly shifts to hybrids, affordable EVs amid ‘waning global demand’

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. It plans to boost demand by launching a series of new affordable EVs.

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PNNL leads team to accelerate development of affordable carbon fiber composites

Green Car Congress

Fiber orientation prediction in 3D complex part using the Autodesk software (Left) that was imported into the 3D ABAQUS model (Right) for stiffness performance prediction using the PNNL-developed Eshelby-Mori-Tanaka Approach to Non-Linear Analysis (EMTA-NLA) model in ABAQUS.

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National Electric Vehicle Sweden AB acquires assets of Saab Automobile to create new EV company; first model based on 9-3 due year-end 2013/2014

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—an international consortium formed by Chinese, Japanese and Swedish stakeholders—and the Receivers of the Saab Automobile bankruptcy estate ( earlier post) signed a purchase agreement covering the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB.

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Hyundai Motor Group’s Supernal unveils eVTOL vehicle cabin concept at 2022 Farnborough International Airshow

Green Car Congress

Beyond the vehicle, Supernal is collaborating with external partners and the Group’s more than 50 affiliates—which span automobiles, automotive parts, construction, robotics and autonomous driving—to co-create the expansive AAM value chain. Ergonomically contoured seats offer a cocoon-like environment for passengers.

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Tesla becomes South Korea’s second-largest importer, beating Mercedes-Benz

Teslarati

As per the Korea Automobile Importers & Distributors Association, South Korea saw 25,263 newly registered imported vehicles in March 2024, a 6% increase from the 23,840 imported vehicles that were registered in March 2023. Part of the Model Y’s popularity in South Korea may be due to its price.

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Lux: carbon fiber to go mainstream in automobiles by 2025

Green Car Congress

Advances already underway in fiber, resin and composite part production will lead to a $6 billion market for automotive CFRPs in 2020, more than double Lux’s earlier projection. Even this figure is dwarfed by the full potential for CFRPs in automotive if they can become affordable enough for use in mainstream vehicles, Lux posits.