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Geely and Renault partner in South Korea to build hybrid and ICE vehicles

Green Car Congress

Zhejiang Geely Holding Group and Renault Group have signed a cooperation agreement to launch all-new vehicle lineup for the South-Korean market. Renault-Samsung Motors (RSM) will manufacture Hybrid Electric and Internal Combustion Engine Vehicles in Busan for the local market and for export.

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

Teslarati

Industry data has revealed that Tesla successfully overtook Mercedes-Benz to become South Korea’s second-largest vehicle importer in March 2024. That’s not bad at all for an automaker that caught headlines in early February for only selling one car in South Korea in January 2024.

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IHI and Hyundai WIA form turbocharger JV in South Korea

Green Car Congress

IHI Corporation and Hyundai WIA Corporation, a major automobile parts manufacturer and a major subsidiary of Hyundai-Kia Motor Group, have entered a joint venture agreement for turbochargers. 1 brand in Asia through the joint-business in South Korea. IHI intends to strengthen its position as the No.1

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Buick mini crossover | Automobile Information

Baua Electric

2023 NEXT STAGE: Fresh in 2023 The mini crossover would be the Common Motors logo’s ultimate fresh gasoline-powered nameplate prior to it shifts to an all-electric lineup via 2030. The Envista will probably be in-built South Korea, along the Encore GX. The Envista will include a 1.2-liter

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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

Green Car Congress

This shift is also taking place in other motorized segments including trucks and mining machinery. As manufacturers set to ramp product back up to produce everything from automobiles, airplanes and construction tools, they will begin to return to normal production cycles. With the COVID pandemic wreaking havoc on the U.S. government.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 The company is currently producing EVs in this way at its plants in the US, South Korea, the Czech Republic, and India. trillion (US$27.8

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Hyundai Motor outlines FCEV Vision 2030; $6.7B investment in fuel cells by 2030; 700K fuel cell systems annually by 2030

Green Car Congress

Hyundai Motor Group (HMG), which includes automotive brands Hyundai Motor Company and Kia Motors Corporation, announced its long-term roadmap for hydrogen fuel cell vehicle technology: FCEV Vision 2030. —Euisun Chung, Executive Vice Chairman of Hyundai Motor Group. trillion (US$6.7

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