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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.

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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

This year, the Group will further bolster the sales of electrified models, adding hybrid and plug-in hybrid variants to its best-selling SUV models, including Kia Sorento, Hyundai Tucson and Hyundai Santa Fe. We will go anywhere there are the new technology, vision and talent to support our innovation drive. —Euisun Chung.

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Hyundai Motor outlines FCEV Vision 2030; $6.7B investment in fuel cells by 2030; 700K fuel cell systems annually by 2030

Green Car Congress

Hyundai Motor Group (HMG), which includes automotive brands Hyundai Motor Company and Kia Motors Corporation, announced its long-term roadmap for hydrogen fuel cell vehicle technology: FCEV Vision 2030. We are confident that hydrogen power will transcend the transportation sector and become a leading global economic success.

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Hyundai is launching an electric van as its first export model based on its new EV platform

Baua Electric

Hyundai announced a new deal with Iveco Group to supply an all-electric van based on its global eLCV platform. In July 2022, the companies announced a hydrogen-powered IVECO BUS based on Hyundai’s fuel cell system. Hyundai’s dedicated EV platform is designed for commercial vehicles weighing between 2.5

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

Furthermore, in order to secure leadership in the future mobility industry, it has decided to focus on future businesses, such as autonomous driving, hydrogen, robotics and advanced air mobility (AAM). It is also establishing JVs with battery companies to ensure stable supply and to secure optimized battery performance for its EVs.

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Germany Launches H2 Mobility Initiative to Expand Infrastructure for Refueling Hydrogen Vehicles

Green Car Congress

Daimler AG and leading energy companies signed a Memorandum of Understanding (MoU) in Berlin, with the participation of the German Minister of Transport, Wolfgang Tiefensee, to evaluate and expand the setup of a hydrogen infrastructure in Germany to support the series production of fuel cell electric vehicles. Earlier post.).

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CALSTART: zero-emission trucks, buses, off-road equipment on track for 78% rise in models in 2020, doubling by 2023

Green Car Congress

The number of available and announced models of zero-emission trucks, buses and off-road equipment in the United States and Canada is on track to rise nearly 78% by the end of 2020 compared to year-end 2019, according to the Zero-Emission Technology Inventory ( ZETI ), a product of CALSTART’s Global Commercial Vehicle Drive to Zero program.

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