US Auto Industry Down 8% Since 2019
CleanTechnica EVs
SEPTEMBER 24, 2023
It’s time for another one of our quarterly US auto sales reports. No other media outlet compares US auto industry trends with as much history and depth as we do in these.
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Exide Industries Q4 Results: Firm beats profit view on higher demand – ET Auto
Baua Electric
MAY 1, 2024
Indian battery-maker Exide Industries beat fourth-quarter profit expectations on Tuesday, helped by higher demand in its automotive and industrial products segments. Earlier this month, South Korea’s Hyundai Motor and Kia Corp partnered with Exide Industries ‘ unit Exide Energy Solutions to supply batteries for their EVs.
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US Auto Industry Down 3+ Million Sales (19%) Since 2019
CleanTechnica EVs
FEBRUARY 26, 2023
The US auto industry has been declining steadily for a few years at least. Compared to 2021, the American auto industry’s annual sales were down by more than 1 million units, or 8%. Compared to 2020, there were “only” down by 725,726 units (5%).
US Auto Industry Up 10% In 4th Quarter — But Down 16% Compared To Q4 2019
CleanTechnica EVs
FEBRUARY 26, 2023
The US auto industry is truly on the rebound. Seemingly not, as US auto industry sales in the 4th quarter of 2022 were 10% higher than […] In the 3rd quarter, sales increasing 1% compared to the 3rd quarter of 2021, the first positive trend in a while. But was it just a lucky little blip?
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Kia India announces partnership with Map My India to offer navigation solutions – ET Auto
Baua Electric
MAY 2, 2024
By integrating Map My India’s navigation solutions, Kia aims to provide support to drivers, ensuring easy access to essential services and amenities. Kia India announced its partnership with Map My India to offer navigation solutions to its customers nationwide, reported PTI on Thursday.
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Hyundai, Kia join China’s Baidu to develop connected cars – ET Auto
Baua Electric
APRIL 27, 2024
Seoul, South Korea’s top carmaker Hyundai Motor and its affiliate Kia said on Sunday that they have inked an agreement with China’s tech giant Baidu to develop technologies for connected cars. Hyundai and Kia have been working closely with Baidu since 2014, including the development of voice recognition technology.
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BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race
The Truth About Cars
AUGUST 14, 2023
Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Tesla reigns supreme here, but Ford, Hyundai, Kia, and others have made significant steps toward knocking the company out of its top spot. million units manufactured in 2022.
Tesla US Sales Up 104% While US Auto Industry Down 22%
CleanTechnica EVs
OCTOBER 18, 2021
Comparing the 3rd quarter of 2021 to the 3rd quarter of 2020, US Tesla sales were up 67% while overall US auto sales were down 13%. Compared to 2019, the difference was even more stark — Tesla sales were up 104% and US auto sales were down 22%.
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Kia EV9 makes its North American debut at the New York International Auto Show
EV Specifications
APRIL 5, 2023
Today, Kia unveiled the all-electric 2024 Kia EV9 SUV for the first time in North America at the 2023 New York International Auto Show. As the first three-row EV SUV from Kia, the EV9 is the flagship of the global Plan S strategy, as well as a pioneer in its segment and the automotive industry.
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2024 Kia EV9 SUV Makes North American Debut in New York
Electric Cars Report
APRIL 5, 2023
Kia unveiled the all-electric 2024 EV9 SUV for the first time in North America at the 2023 New York Auto Show. As the first three-row EV SUV from Kia, the EV9 is the flagship of the global Plan S strategy, as well as a pioneer in its segment and the automotive industry.
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Uber, Kia sign electric vehicle partnership – ET Auto
Baua Electric
JANUARY 10, 2024
US ride-hailing platform Uber and South Korean automaker Kia announced Wednesday the signing of an agreement on producing electric vehicles, during the Consumer Electronics Show in Las Vegas. Kia’s goal is to produce 150,000 PBVs by 2025 and regularly increase the rate to 300,000 per year by 2030.
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Hyundai Motor and Kia sign MoU with Exide Energy for EV expansion in India – ET Auto
Baua Electric
APRIL 7, 2024
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.
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Kia confirms EV9 GT is launching in January with enormous power
Baua Electric
APRIL 26, 2024
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 EV9, Genesis EV prices cut with generous $7,500 discount offer
Baua Electric
APRIL 22, 2024
Kia and Genesis are two of the latest to slash EV prices with generous deals. The Kia EV9 and several Genesis EVs are now $7,500 off with new discount offers. Kia and Genesis are offering significant EV discounts Genesis is rapidly expanding in the US, outpacing most luxury brands with sleek all-electric vehicles.
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US Auto Sales Down 8% in Q3 2023 vs. Q3 2019
CleanTechnica EVs
DECEMBER 17, 2023
The US auto industry is bouncing back compared to the past couple of years, but it’s still significantly below its. continued] The post US Auto Sales Down 8% in Q3 2023 vs. Q3 2019 appeared first on CleanTechnica.
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Tesla Now 8th Best Selling Auto Brand In USA — US Auto Sales Up 9%, But Down 11% vs. 2019
CleanTechnica EVs
APRIL 23, 2023
It’s time for another quarterly report on US auto sales. Like a few other major news outlets, I track total quarterly sales of the US auto industry, but I also conduct a thorough analysis of the trends of each automaker.
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Indian market to remain flat in 2024, Kia to grow by 13% – Kia global CEO Song | Autocar Professional
Baua Electric
APRIL 5, 2024
Ho-Sung Song, the global president and CEO of Kia expects the Indian market to remain flat in 2024. On his expectations for India, Song said, “The industry demand for India is expected to be around 4.1 Kia aims to achieve a sales volume of 277k units, with 13% growth year on year, and a market share of 6.8%.”
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Battery stocks’ rally may extend after USD 2 billion surge – ET Auto
Baua Electric
APRIL 25, 2024
A rally of 45% has made Exide Industries Ltd. and Kia Corp. Purchase subsidies, lower operating costs and state-level policy will continue to support growth in the industry, analysts said. That also boosted shares of Amara Raja Energy & Mobility Ltd. Global carmakers, including BYD Co.,
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Arrival names EY as administrator for two UK units – ET Auto
Baua Electric
FEBRUARY 6, 2024
Arrival is the latest casualty in the high-profile EV industry, where rising interest rates, stubborn inflation and high costs involved in production ramp have hit the cash reserves of most startups. The EV firm, which was earlier backed by Hyundai , Kia and United Parcel Service, said in late 2022 that it would shift focus to the U.S.
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Kia EV5 and Kia EV9 concept BEVs, EV6 GT and other showcased at Auto Shanghai
EV Specifications
APRIL 18, 2023
Kia has showcased its entire line-up of electric vehicles (EVs) at the 20th Shanghai International Automobile Industry Exhibition, held from April 18 to 27, at the National Exhibition and Convention Center in Shanghai.
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DiDi partners with SoftBank in Japan for platform services for taxi industry, launches open new energy car-sharing platform
Green Car Congress
FEBRUARY 10, 2018
have established a partnership to provide platform services for the taxi industry. DiDi hopes to leverage on its AI strengths and national network to empower the entire automotive industry chain. Didi Chuxing, the world’s leading mobile transportation platform, and SoftBank Corp.
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Kia bumps up 2024 EV9 discount with massive $5,000 customer cash offer
Baua Electric
MARCH 5, 2024
If you’ve been waiting to buy Kia’s first three-row electric SUV, the perfect opportunity may have just landed. Kia is now offering a $5,000 customer cash discount on all 2024 EV9 models. Following price cuts in its domestic market, Kia is introducing a new discount on the 2024 EV9 in the US.
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Kia to begin EV9 production in the US by May, expects $7,500 EV tax credit eligibility by 2025
Baua Electric
MARCH 28, 2024
Kia’s first three-row electric SUV is off to a good start. However, Kia will accelerate EV9 momentum with plans to begin US production by May. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Starting under $55,000, Kia calls its electric family move an “industry wake-up call.”
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2023 Los Angeles Auto Show Recap -- Stepping in the Right Direction
The Truth About Cars
NOVEMBER 20, 2023
I am flirting with a cliché here, I know, but the weather seemed to be a metaphor for how the 2023 Los Angeles Auto Show media day drove perception of the automotive industry's health. As I said, the amount of activity at any one given auto-show media day might not provide great insight to the bigger picture.
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Insurers Suing Hyundai/Kia Over Viral Thefts
The Truth About Cars
MAY 12, 2023
You’ll undoubtedly recall the TikTok Kia Boyz Challenge , where “at-risk youths” utilized USB connectors on torn open ignition slots to hotwire Hyundai and Kia models. Kia America and Kia Corp. Some of them are even participating in the lawsuit. From Automotive News : The insurers, who filed a lawsuit in U.S.
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Hyundai, Kia & Factorial Energy partner to develop solid-state batteries for next generation EVs; strategic investment
Green Car Congress
OCTOBER 28, 2021
Start-up solid-state battery company Factorial Energy , Hyundai Motor Company and Kia Corporation are partnering to test Factorial’s novel solid-state battery technology and its integration in Hyundai electric vehicles.
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Kia appoints Oliver Samson and Seungmo Lim as heads of Global Design Centres in Europe, China | Autocar Professional
Baua Electric
MARCH 25, 2024
Kia Corporation has announced the appointment of new senior chief designers Oliver Samson and Seungmo Lim as respective heads of its Europe and China Design Centers, effective April 1. I’ve always admired Kia for its talented and forward-thinking global design team,” said Samson.
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Samsung to partner with Hyundai, Kia for making cars ‘smarter’ – ET Auto
Baua Electric
JANUARY 4, 2024
This is an opportunity to make the connected car’s Car-to-Home and Home-to-Car services more convenient in various fields,” said Haeyoung Kwon, Vice President of Hyundai and Kia’s Infotainment Development Center. “We We plan to accelerate our technology development to continuously make global Hyundai and Kia customers’ journeys meaningful.”
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Kia EV9 sales are heating up in the US
Baua Electric
FEBRUARY 1, 2024
Over 1,400 Kia EV9 models were handed over in January, topping the EV6 in US sales. Kia EV9 outpaces EV6 despite record sales month Kia started the year strong, with EV sales growing 57% YOY. A big reason behind Kia’s success is the launch of its first three-row electric SUV, the EV9. long but is about the same height.
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Sterling Tools signs MoU with South Korea’s Yongin for EV components facility – ET Auto
Baua Electric
APRIL 18, 2024
New Delhi: Sterling Tools Limited, a leading automotive fastener manufacturer and, through its subsidiary, the leading manufacturer of Motor Control Units (MCUs) in India, has signed a Memorandum of Understanding (MoU) with South Korea’s, Yongin Electronics, a major supplier of components to the Hyundai Kia Motor Group.
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Kia slashes EV6, EV9 prices by up to $10K in Korea to boost demand
Baua Electric
FEBRUARY 26, 2024
In what Kia is calling “EV Festa,” the automaker is slashing prices on its all-electric models, including the EV6, EV9, and Niro EV in Korea, by up to $10,000 (KRW 13.56 Kia cuts EV prices in South Korea Kia revealed it will hold what it’s calling “EV Festa” to boost electric vehicle output and give additional benefits to shoppers.
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Hyundai/Kia Lock Solution Panned by Security Pro
The Truth About Cars
SEPTEMBER 22, 2023
It’s a rare day this author gets to combine his interests of the automotive industry and the YouTube channel for security expert LockPickingLawyer. The whole thing is worth a watch , especially since it is produced from the vantage point of someone whose focus is on security, not the auto industry.
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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars
Baua Electric
MARCH 6, 2024
Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.
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InoBat Auto acquires Slovakia site for battery R&D and prototype production
Green Car Congress
MAY 21, 2020
European R&D and battery production company InoBat Auto has acquired a 290,000 sq ft (27,000 sq m) facility close to Bratislava, Slovakia. Backed by IPM Group and Wildcat Discovery Technologies, InoBat Auto will manufacture the first bespoke battery cells in 2021.
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Ken Garff Automobile buys 7 Hawaii Kia dealerships
Baua Electric
AUGUST 1, 2023
Ken Garff Automobile Workforce on July 31 got seven Aloha Kia dealerships at the Hawaiian islands of Oahu, Kauai, Maui and Hawaii. Supplier Invoice van den Hurk plans to surrender from the car industry, a spokeswoman for Ken Garff stated.
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Kia Sonet sales in India cross 300,000, exports exceed 86,000 units | Autocar Professional
Baua Electric
MARCH 23, 2024
The Sonet, Kia India’s first compact SUV, has driven past 300,000-unit sales in the domestic market. As per SIAM passenger vehicle industry data, from launch through to end-February 2024, the Sonet has registered total India-market wholesales of 304,311 units. Kia India launched the new Sonet in mid-January 2024.
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Interview: Jenny Chang, Kia Seltos Product Manager
Clean Fleet Report
NOVEMBER 29, 2022
Seltos — the Gateway to Kia. Kia pulled the sheet off the updated 2024 Seltos at the 2022 Los Angeles Auto Show. A big change for Kia’s entry-level model. CFR : What is the importance of the Seltos to Kia? Kia : The Seltos is extremely important as it serves as a gateway vehicle to our brand.
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Rising disposable income giving a thrust to connected cars in India – ET Auto
Baua Electric
MARCH 19, 2024
Car variants that are connected feature-rich contribute as much as 45% of sales of a particular model, according to industry estimates. Car variants that are connected feature-rich contribute as much as 45% of sales of a particular model, according to industry estimates.
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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy
The Truth About Cars
FEBRUARY 1, 2024
According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. The collective dismay was probably best reflected in the question: “Is the Biden administration pushing the industry to move too fast on EVs?”
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Kia introduces modular ‘Platform Beyond Vehicle’ strategy, teases several concept EVs at CES
Baua Electric
JANUARY 8, 2024
Kia is kicking off the Consumer Electronics Show (CES) 2024 with some exciting news in a quest to go “beyond mobility.” This afternoon, Kia introduced its fully customizable Platform Beyond Vehicle (PBV) to provide businesses and individuals with modular, fit-for-purpose EVs.
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J.D. Power: quality takes a back seat to innovation as problems reach a record high
Green Car Congress
JUNE 23, 2023
In 2023, the industry average is 192 PP100. The automotive industry is facing a wide range of quality problems, a phenomenon not seen in the 37-year history of the IQS The industry is at a major crossroad and the path each manufacturer chooses is paramount for its future. According to the newly released J.D.
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Pre-used car mart sees vrooming demand for premium SUVs – ET Auto
Baua Electric
APRIL 11, 2024
With three-year-old Mahindra XUV700 , MG Hector, Kia Seltos and other pricier and more premium SUVs making their way into the used car pool, demand for the above-INR 10 lakh SUV is vrooming in the pre-used car market. Typically in three years, a vehicle depreciates around 40%-50%.
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These are the 2024 World Car of the Year Winners
The Truth About Cars
MARCH 28, 2024
Every year, different groups of auto journalists and industry professionals come together to choose a “best of” list to recognize vehicles in various categories. They recently revealed their 2024 picks at the New York auto show, and it’s clear that legacy auto brands are facing increasingly tough competition.
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Kia to develop PBVs for Uber | Autocar Professional
Baua Electric
JANUARY 10, 2024
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.
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