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ŠKODA collaborates with IBG ?esko on second-life battery energy storage system; up to 328 kWh

Green Car Congress

ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energy storage system using second-life batteries from electric vehicles. In partnership with the Czech technology company IBG ?esko, So far, 160 pre-orders have been received from dealers in the Czech Republic, Germany, the Netherlands and Slovakia.

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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

Green Car Congress

The new Hyundai BEV models will include three sedan models, six SUVs, one light commercial vehicle as well as one new type model. Presentation of Gang Hyun Seo, Executive Vice President and Head of Finance & Accounting Division at Hyundai Motor Company. The previously announced target was 560,000 units by 2025.

Hyundai 370
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Volkswagen to spend ~€44B on e-mobility, autonomous driving, new mobility services and digitalization through 2023

Green Car Congress

The Volkswagen Group is working consistently on improving earnings at all brands and companies in order to finance the enormous challenges of the future from its own resources. The joint development and manufacture of a range of light commercial vehicles is at the core of the envisaged cooperation.