Remove Auto Remove Global Remove Kia Remove Purchase
article thumbnail

Hyundai Motor and Kia sign MoU with Exide Energy for EV expansion in India – ET Auto

Baua Electric

This strategic cooperation with Exide Energy marks the beginning of Hyundai Motor and Kia’s efforts to expand its exclusive battery development, production, supply and partnerships in the Indian market. New Delhi: Hyundai Motor and Kia sign MoU with Exide Energy as part of their electric vehicle (EV) expansion plans.

India 40
article thumbnail

Battery stocks’ rally may extend after USD 2 billion surge – ET Auto

Baua Electric

and Kia Corp. Global carmakers, including BYD Co., Purchase subsidies, lower operating costs and state-level policy will continue to support growth in the industry, analysts said. A rally of 45% has made Exide Industries Ltd. That also boosted shares of Amara Raja Energy & Mobility Ltd.

Auto 52
article thumbnail

Kia to develop PBVs for Uber | Autocar Professional

Baua Electric

Kia Corporation and Uber have signed a Memorandum of Understanding (MoU) at this week’s Consumer Electronics Show (CES) in Las Vegas, committing the two companies to collaborate on Kia’s planned development and deployment of PBVs. Kia had revealed five ‘Platform Beyond Vehicles’ (PBV) concepts at CES 2024 on January 9.

Kia 40
article thumbnail

California passes 1M mark for cumulative sales of electric vehicles: BEVs, PHEVs and FCEVs

Green Car Congress

of total California auto sales in 2021. California’s EV adoption rate exceeds the global trends according to the International Energy Agency showing that the global EV market share jumped from 4.11% in 2020 to 8.57% in 2021. Kia: 3,003 Niro EV, 2 Soul EV (1.6%). 379,125 PHEV (36% ). 11,956 FCEV (1.1%). 3,205 FCEV (1.3%).

PHEV 406
article thumbnail

KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

Fuel efficiency, safety innovation, and vehicle styling will be the three most important product issues influencing automotive consumer purchase decisions over the next five years, indicating a perceived shift in buying priorities, according to the 12 th annual global automotive survey conducted by KPMG LLP. Investments.

Global 218
article thumbnail

Hyundai finds new materials partner to improve EV battery and motor performance

Baua Electric

Regarded as the global carbon fiber leader, Toray’s advanced materials are used in many sectors, such as automotive and aviation, for their lightweight, strong, and heat-resistant properties. Hyundai Motor Group aims to leverage this strategic partnership to strengthen its position as a global leader in mobility solutions,” Song explained.

Hyundai 52
article thumbnail

Hyundai bets on new materials to improve its upcoming electric vehicles

Baua Electric

Regarded as the global carbon fiber leader, Toray’s advanced materials are used in many sectors, such as automotive and aviation, for their lightweight, strong, and heat-resistant properties. Hyundai Motor Group aims to leverage this strategic partnership to strengthen its position as a global leader in mobility solutions,” Song explained.

Hyundai 52