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Kia will beat Rivian and Tesla into affordable mass-market EVs

Baua Electric

Although Rivian and Tesla are making headlines with planned expansions into mass-market electric vehicles, Kia is set to launch two affordable EVs of its own. One of them, the Kia EV3, is expected to launch by the end of the year. More affordable EVs are coming Rivian unveiled its highly anticipated R2 electric SUV Thursday.

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Kia confirms EV9 GT is launching in January with enormous power

Baua Electric

After Kia’s first three-row electric SUV is already seeing strong demand, the EV9 is set to gain a high-performance GT version. Kia confirmed the EV9 GT will launch in January with “enormous power” and other upgrades. Kia EV9 set for the GT treatment Kia launched its flagship EV9 in Korea last June.

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Kia surprisingly tops Hyundai in market value with affordable EVs rolling out

Baua Electric

For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. Kia is now South Korea’s fifth most-valued stock at $31 billion (41.3 Kia surpasses Hyundai in market value Hyundai, which saved Kia from bankruptcy in 1998, owns around a third of the South Korean automaker.

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Hyundai Motor Group presents HMG Smart City master model at 2022 World Cities Summit; air and ground mobility

Green Car Congress

Hyundai Motor Group presented the HMG Smart City master model at the 2022 World Cities Summit in Singapore. Hyundai Motor Group President and Chief Innovation Officer, Youngcho Chi, further elaborated on the Group’s vision for smart cities during his participation in the World Cities Summit panel discussion.

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Hyundai Reportedly Building N Vision 74

The Truth About Cars

Reports from South Korea are claiming that Hyundai will build a limited number of the N Vision 74, pegging the production figure at just 100 units. According to South Korea’s ETNews , formerly the Electronic Times, Hyundai plans on building 100 vehicles based upon the hydrogen-electric hybrid concept. Honda did it with the NSX.

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Kia EV3 and EV4 prep for production following first EV plant upgrade

Baua Electric

The new affordable Kia EV3 and EV4 models are ready for production following the brand’s first EV plant upgrade. Once up and running, the site will exclusively build EVs, including Kia’s new entry-level models. Kia’s plant, which used to make the Pride and Stonic vehicles, is now designed to produce its next-gen EVs.

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Hyundai Motor Group and Seoul National University open joint battery research center; focus on Li-metal and solid-state

Green Car Congress

Hyundai Motor Group announced the inauguration of its Joint Battery Research Center with Seoul National University (SNU). In addition, researchers from Hyundai Motor and Kia will be dispatched to the center to participate as members of the joint research team, maximizing research synergy through close communication and sharing of expertise.

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