article thumbnail

Hyundai and Kia make €100M strategic investment in Arrival to co-develop electric commercial vehicles

Green Car Congress

Hyundai Motor Company and Kia Motors Corporation today made a strategic investment of €100 million (US $110 million) in a new partnership with Arrival , a UK-based electric vehicle startup ( earlier post ). Of the total investment, Hyundai will contribute €80 million; Kia €20 million.

Kia 259
article thumbnail

Hyundai Motor and Kia revamp R&D organization to make it more agile, flexible and independent like startups

Green Car Congress

Hyundai Motor Company and Kia Corporation are reorganizing their joint research and development (R&D) organization to be able to respond flexibly to the rapidly changing global automotive industry, advance the transition to electrification and accelerate the development of Software Defined Vehicles (SDVs).

Kia 417
article thumbnail

Kia to establish its first electric PBV plant in Korea

Green Car Congress

Kia Corporation will establish a new manufacturing facility dedicated to producing electric Purpose Built Vehicles (PBVs). The intelligent new production hub for PBVs will be located within Kia’s existing Hwaseong manufacturing site in Korea. —Ho Sung Song, President and CEO of Kia Corporation.

Kia 284
article thumbnail

Kia jumps into electric van segment, announces new vehicle and factory

Teslarati

Kia has announced an all-new production facility for an upcoming commercial vehicle lineup called “purpose-built vehicles,” or PBVs. Despite the incredible opportunity for cost reduction, commercial vehicles remain an ICE-dominated segment, particularly in vehicles that tow trailers, which are predominantly diesel-powered.

Kia 99
article thumbnail

Why the Kia EV2 won’t be coming to Australia to fight the MG4, BYD Dolphin, GWM Ora and Tesla Model 2

EV Central

The Kia electric car countdown in Australia will not include the cheapest model it has yet previewed, the entry-level EV2. Kia already has the EV6 and EV9 on-sale in Australia – as well as the Niro – and will follow up with the EV5 medium SUV mid-year and the EV3 compact SUV as soon as 2024 and the EV4 sedan in 2025. 2024 Kia EV5.

Kia 102
article thumbnail

Hyundai Motor and Kia collaborate with Next Hydrogen to develop advanced alkaline water electrolysis system

Green Car Congress

Hyundai Motor Company and Kia Corporation have signed a memorandum of understanding with Canada-based Next Hydrogen Corporation, a specialist in water electrolysis technology and a subsidiary of Next Hydrogen Solutions Inc., to bolster their efforts to usher in a global hydrogen society through cost-effective production of clean hydrogen.

Water 186
article thumbnail

Hyundai, Kia and Gore to co-develop PEM for hydrogen fuel cell systems | Autocar Professional

Baua Electric

Hyundai Motor Company, Kia Corporation and US-based W. The ultimate goal of this collaboration is to develop an advanced PEM for next-generation fuel cell electric commercial vehicles. For over 15 years, Hyundai Motor, Kia and Gore have been collaborating in the field of fuel cells.

Gore 52