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Hyundai surpassed Volkswagen Group’s operating profit

Teslarati

The South Korean automaker attributes its success to diverse offerings, including electric vehicles, plug-in hybrids, and gas-powered cars. As of the first quarter, Hyundai has the second-highest operating profit in the global automotive industry. In Q1 2024, Hyundai Motor Group reported an operating profit of $5.09

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Hyundai looks to start U.S EV production early to catch new incentives

Teslarati

According to Reuters , an inside source at Hyundai-Kia has stated the company is now considering attempting to start U.S. production of their electric vehicles sooner rather than later. The auto industry overall has criticized the new act due to the high requirements that manufacturers must meet to earn incentives.

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EAA National Board nominations from across North America

Electric Auto Association

Meet the 17 Electric Auto Association members nominated for the National Board BY APRIL BOLDUC: PRESIDENT OF THE ELECTRIC AUTO ASSOCIATION It’s the most board candidates in our history. He recognizes the diminishing power of the oil and gas industry, and embraces the imminent future of electrically powered transportation.

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EAA National Board nominations from across North America

Electric Auto Association

Meet the 17 Electric Auto Association members nominated for the National Board BY APRIL BOLDUC: PRESIDENT OF THE ELECTRIC AUTO ASSOCIATION It’s the most board candidates in our history. He recognizes the diminishing power of the oil and gas industry, and embraces the imminent future of electrically powered transportation.

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2025-2035: Rewriting The Automotive History

Get Electric Vehicle

A recent report from the Environmental Defense Fund indicates that electric vehicle sales volumes are growing at a rapid pace, signalling an epochal shift in the auto industry over the next decade. Despite that and other numerous issues, the electric vehicle sector has gained traction in the previous year.

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

The reveals of the Canoo pickup and Kia EV6 have heads turning and yet another automaker, BMW-owned Mini this time announced plans that it would only produce battery-electric vehicles from 2030. Mini will only produce battery-electric vehicles from 2030, the people said. Automakers and Models. – March 10, via Forbes.

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Convincing Consumers To Buy EVs

Cars That Think

With the combination of requiring all new light-duty vehicles sold in New York State be zero-emission by 2035, investments in electric vehicles charging stations , and state and federal EV rebates, “ you’re going to see that you have no more excuses ” for not buying an EV, according to New York Governor Kathy Hochul.

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