Remove Building Remove Global Remove Motors
article thumbnail

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

Green Car Congress

In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. Under the new plan, the company aims to boost annual global BEV sales to 1.87 Presentation of Jaehoon Chang, President and CEO of Hyundai Motor Company. New IMA architecture.

Hyundai 370
article thumbnail

Raven SR & Hyzon Motors to build up to 100 waste-to-hydrogen hubs

Green Car Congress

Raven SR , a renewable fuels company, and Hyzon Motors Inc., a global supplier of hydrogen fuel cell-powered commercial vehicles, announced a joint venture to build up to 100 hydrogen hubs across the United States and globally. As a non-combustion process, there is no ash, no slag, build up, or hotspots in the equipment.

Waste 459
article thumbnail

Cadillac CELESTIQ to be built at GM’s Global Technical Center

Green Car Congress

General Motors will invest more than $81 million into the company’s Global Technical Center in Warren, Michigan, to prepare the campus to build the Cadillac CELESTIQ ( earlier post ). The investment will be used to purchase and install related equipment to hand-build the CELESTIQ and campus renovation work has already begun.

Cadillac 435
article thumbnail

Hyundai Motor and Unity partner to build meta-factory accelerating intelligent manufacturing innovation; digital twin

Green Car Congress

Hyundai Motor Company and Unity, a platform for creating and operating real-time 3D (RT3D) content, announced a partnership to design and build jointly a new “metaverse roadmap” and platform for Meta-Factory. The MOU pertains to the fields of smart manufacturing, AI training and study as well as autonomous driving simulation.

Hyundai 221
article thumbnail

How to Build EV Motors Without Rare Earth Elements

Cars That Think

Global efforts to combat climate change hinge on pivoting sharply away from fossil fuels. Against this backdrop, massive efforts are underway to design and test advanced electric-vehicle (EV) motors that do not use rare earth elements (or use relatively little of them). research on advanced motors for EVs. And indeed they have.

Motor 145
article thumbnail

Ford, LG Energy Solution, Koç Holding to form JV to build battery gigafactory in Turkey

Green Car Congress

Ford Motor Company, LG Energy Solution and Koç Holding signed a non-binding memorandum of understanding (MoU) to form a new joint venture subject to final agreement by all the parties to create one of Europe’s largest commercial electric vehicle battery cell facilities near Ankara, Turkey. Earlier post.)

Turkey 334
article thumbnail

Nikkei: Nidec to build $715M e-axle plant in Mexico

Green Car Congress

The Nikkei reports that Japan-based motor maker Nidec is planning to invest an estimated ¥100 billion (US$715 million) to build an e-axle plant in Mexico. The company plans to be capable of building an annual 7 million e-axles by March 2026.

Mexico 259