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Buick to introduce its first Ultium-based EV in China; GM to launch 15 Ultium-based EVs in China by 2025

Green Car Congress

Buick will introduce its first electric vehicle in China developed on GM’s Ultium platform later this year. The announcement came shortly after GM announced plans to roll out more than 15 Ultium-based models in China by 2025, and reinforced its commitment to making electric vehicles more connected and intelligent.

Buick 284
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Kia unveils Concept EV5 in China

Green Car Congress

The Concept EV5 provides a preview of a production all-electric SUV model that will be launched first in China later this year; details regarding any future plans for the other global markets will be made in due course. The Concept EV5 features a completely flat floor and generous space within the cabin.

Kia 259
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IDTechEx: future of the electric ship industry lies with hybrid cargo vessels

Green Car Congress

More than 1GWh of batteries are now sailing on waters globally, reflecting 72% industry growth in 2022, according to a new report from IDTechEx. First, electric ship markets have historically been underpinned by electric ferry orders, which made up 37% of the maritime battery capacity (GWh) deliveries between 2019 and 2022.

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Volkswagen global EV production network grows with launch of second German site in Emden

Green Car Congress

Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 million all-electric vehicles a year based on the MEB in the future at its sites in Europe, the US and China. 4’s start-up is on schedule, despite the global challenges during the two-year conversion phase.

Global 435
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Nornickel presents market review of nickel and platinum group metals

Green Car Congress

Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).

Market 304
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Hyundai Motor Group’s connected car services reach 10M global service subscribers

Green Car Congress

Hyundai Motor Group surpassed 10 million global connected car service subscribers this month. The Group introduced the first connected car services in Korea in 2003 and has since expanded the services to the global market. The milestone comes one year and 10 months after reaching 5 million subscribers in August 2021.

Connect 221
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Faraday Future partners with Korea-based Myoung Shin for FF 81 production; SOP in 2024

Green Car Congress

Faraday Future has contracted with Myoung Shin Co., an automotive manufacturer headquartered in South Korea, to manufacture Faraday Future’s second electric vehicle, the FF 81, with start of production scheduled for 2024.