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STUKEN to establish new plant in Pune to expand global production reach | Autocar Professional

Baua Electric

Adding to its existing manufacturing sites in Germany, the USA, the Czech Republic, and China, India marks the fifth production location for the globally recognised family business. Krismann noted, “Pune has been dynamically and successfully developing for several years, becoming increasingly international.

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Magna and bio-on to partner on bio-plastics for automotive industry

Green Car Congress

Magna International Inc., a leading global automotive supplier, and bio-on , an Italian intellectual property company, signed a cooperation agreement to start exclusive R&D activities on the use of bio-plastics for the automotive industry. Magna Interiors will utilize its facility in Liberec, Czech Republic, for joint testing.

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New HERE-SBD index identifies EV leaders and laggards in the US and Europe

Green Car Congress

Location data and technology company HERE Technologies, in conjunction with SBD Automotive, a global automotive research firm, published an interactive index that shows the developing state of electric vehicle (EV) demand and infrastructure readiness across the United States and Europe. Highlights of the HERE – SBD Automotive EV Index.

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

Green Car Congress

The company aims for 2 million units in annual EV sales by 2030. With IMA, the company expects to standardize modules and parts between the models to further expand economies of scale and significantly reduce EV development complexity and costs. trillion (US$85 billion) over the next 10 years, including KRW 35.8 trillion (US$27.8

Hyundai 284
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Volkswagen Group expands presence in Russia with agreements with GAZ

Green Car Congress

TDI engines for GAZ light commercial vehicles, opening up new business opportunities in international markets. Additionally, Volkswagen Truck & Bus signed a letter of intent with GAZ Group which will enable the companies to identify the possibilities for a long-term strategic partnership. engines from the Salzgitter plant in Germany.

Russia 186
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All-new Hyundai Kona Electric full details: due in Australia late 2023

EV Central

The approach reflects the company’s accelerated electrification strategy. Kona Electric for Europe will be built, as before, in the Czech Republic. There will be standard and long-range versions. The European standard range Kona EV has a 48kWh battery and a 115kW motor driving its front wheels.

Hyundai 98
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Hyundai goals for double-digit EV benefit margins via 2030 with brandnew platform

Baua Electric

The company has also raised sales targets for major regions and is preparing to flexibly adjust its sales targets according to market demand.” of its international manufacturing in 2030, up from 8 p.c South Korea, the Czech Republic and Bharat. Hyundai expects EVs to account for 34 p.c the Kona, Ioniq 5 and Ioniq 6.

Hyundai 52