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Hyundai Motor Group to invest $87B over next 5 years; 44 electrified vehicles; new EV development system; hydrogen plans

Green Car Congress

It will streamline operation networks and introduce new sales methods, while securing a flexible production system that can respond to the fluctuating global demand. It will also increase profitability and volume of each model through lineup optimization.

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Honda President Ito steps down, Takahiro Hachigo to replace him

Green Car Congress

Hachigo was in charge of developing the first-generation of the US-built Odyssey minivan, which was launched in 1999 primarily for the US market. Ito was in charge of developing the all-aluminum uni-body frame structure for the highly acclaimed first-generation NSX sports car that went on sale in 1990.

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MG Motor India moots new sub-Rs 15 lakh EV MPV and SUV | Autocar Professional

Baua Electric

This new MPV will be based on the Wuling Cloud EV, which is sold in Indonesia at the moment. The all-new EV based on the same vehicle architecture is likely to follow within three to six months in the personal buyer’s space. MG Motor has predicted almost 50 percent of its total sales will come from EVs in the coming years.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Electric car sales in 2023 were 3.5 While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. However, sales remain limited elsewhere, even in countries with developed car markets such as Japan and India. In the European Union , sales amounted to 2.4

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VinFast launches fast new e-bike in the US to combine American and Vietnamese culture

Baua Electric

This setup ensures a smooth and responsive ride, with a top speed of up to 28 mph (45 km/h) and a range of up to 68 miles (110 km) on a single charge of its 640 Wh battery – at least when in the lowest pedal assist setting. David Duncan, Vice President of Sales and Marketing at VinFast U.S., India, and Indonesia.