Green Car Congress

JUNE 21, 2023

At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 The company aims for 2 million units in annual EV sales by 2030. trillion (US$85 billion) over the next 10 years, including KRW 35.8

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Hyundai Motor Motors Motoring 284

Baua Electric

MAY 1, 2024

By: HT Auto Desk | Updated on: 01 May 2024, 13:57 PM Tata Motors has witnessed a marginal growth with its passenger vehicle sales last month, while EV sales witnessed a slight decline. Tata Motors witnessed marginal growth in its passenger vehicle sales last month, while EV sales witnessed a slight decline.

Motor 52

Motor Motors Motoring Sale 52

Baua Electric

APRIL 1, 2024

TVS Motor Company registered a growth of 12% with sales increasing from 317,152 units in March 2023 to 354,592 units in March 2024. Total two-wheelers registered a growth of 12% with sales increasing from 307,559 units in the month of March 2023 to 344,446 units in March 2024. Three-wheeler of the company registered 1.46

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Companies Motor Motors Motoring 52

Baua Electric

MAY 13, 2024

Suzuki Motor Corporation expects record sales for the 4th consecutive year and 3rd consecutive year of operating profits in the current financial year, led by a strong outperformance in India. In its forecast for Japanese FY-24 (Indian FY-25), the presentation added, “Expect record sales and profits due to higher unit sales.

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Suzuki India Global Sale 52

Electric Vehicles India

MARCH 25, 2023

Tata Passenger Electric Mobility (TPEM), the Tata Group’s flagship auto company, will enhance its EV channel strategy. Due to the consumer preference for powertrains, industry-wide sales of electric vehicles tripled in 2022. The company plans to launch showrooms in six to 12 months.

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Motor Motors Motoring Sale 85

Green Car Congress

APRIL 6, 2023

Kia’s updated 2030 annual sales target is 4.3 Since then, Kia has held a CEO Investor Day every year to present updates on the company’s future vision and goals. Kia 2023 CEO Investor Day Kia’s 2030 global sales target of 4.3 higher than its 2023 annual sales target of 3.2 million units, of which 2.38 million units.

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Kia Sale Taxi Hyundai 210

Green Car Congress

JUNE 13, 2023

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).

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Kia Hyundai Motor Motors 417

Green Car Congress

JUNE 29, 2021

Autonomous vehicle company Local Motors and in-wheel motor company Protean Electric expanded their long-standing partnership, inking a further three-year deal valued at $7.3 Under this new order, Protean Electric will deliver thousands of its ProteanDrive in-wheel motors (IWMs) to power Local Motors’ Olli 2.0

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Motor Motors Motoring Electric 259

Baua Electric

MAY 1, 2024

TVS Motor Co posted a healthy growth of 25 percent on year in its total sales volume during April on the back of a robust uptick in the demand for two-wheelers, both in domestic and export markets. Total two-wheeler sales during the month rose 27 percent on year to 374,592 units. In March, TVS sold a total of 354,592 vehicles.

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Sale Motor Motors Motoring 52

Green Car Congress

SEPTEMBER 27, 2019

Hyundai Motor Company and Cummins Inc. The companies will also explore ways they can work together to develop next-generation fuel cell systems, and have each committed to assign a team of individuals to investigate and pursue other areas of collaboration.

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Hyundai Hydrogen Companies Motor 223

Green Car Congress

JANUARY 8, 2021

The capacity increase comes as Volvo Cars also reports its full-year sales results for 2020, which showed a strong growth in demand for the company’s Recharge models. The share of Recharge cars as a percentage of total sales more than doubled in 2020, compared to 2019. in the region for the whole year.

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Volvo Electric Cars Sale Belgium 397

Green Car Congress

APRIL 7, 2022

Advent Technologies Holdings, a developer of highly efficient high-temperature PEM fuel cells, and Hyundai Motor Company have signed a technology assessment, sales, and development agreement. The Hyundai Motor Group launched IFAT in 2019 to focus on innovative technologies for future cars.).

Hyundai 170

Hyundai Companies Fuel Sale 170

Green Car Congress

DECEMBER 12, 2020

Hyundai Motor Group will acquire a controlling interest in the mobile robot firm Boston Dynamics from Softbank in a deal that values Boston Dynamics at $1.1 The deal came as Hyundai Motor Group envisions the transformation of human life by combining world-leading robotics technologies with its mobility expertise. Hyundai Mobis Co.

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Boston Hyundai Motor Motors 475

Green Car Congress

JULY 27, 2023

Global sales of Nissan Motor electric vehicles have surpassed the 1-million unit milestone. In 2022, Nissan started sales of the Nissan Ariya all-electric crossover. Since its launch in December 2010, the Nissan LEAF has sold more than 650,000 units worldwide. It has received cumulative orders of 50,000 units.

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Nissan Global Sale Japan 195

Green Car Congress

MARCH 4, 2023

Scout Motors, the recently formed independent company backed by Volkswagen Group ( earlier post , is establishing its first manufacturing plant near Columbia, South Carolina, where it will build electric next-generation trucks and rugged SUVs harkening back to the iconic Scout vehicles produced from 1960 to 1980. The state is No.

South Carolina 221

South Carolina Motor Motors Motoring 221

Green Car Congress

OCTOBER 8, 2022

Tata Motors, India’s leading automobile manufacturer, launched the newest member of its EV family this past week: the Tiago.ev. Equipped with a permanent magnet synchronous motor, Tiago.ev Equipped with a permanent magnet synchronous motor, Tiago.ev —Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd.,

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Motor Motors Motoring India 435

Green Car Congress

MARCH 25, 2021

Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Both parties have also agreed to inject 2 billion RMB (US$307 million) in capital into the company.

Companies 435

Companies Auto Electric Cars Cars 435

Green Car Congress

MAY 18, 2021

and sales of 31 zero-emission commercial vehicles, across five specialty vehicle applications for its wholly-owned subsidiary Lightning Systems. Q1 2021 Highlights: Despite supply chain headwinds, Lightning Systems reported Q1 sales of 31 purpose-built, commercial electric vehicles. The company incurred a loss from operations of $5.3

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Commercial Sale Electric Vehicles Vehicles 366

InsideEVs

OCTOBER 24, 2023

The company reports around 18,000 Hyundai and Genesis all-electric car sales.

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Hyundai Sale Motor Motors 141

Teslarati

MAY 28, 2024

Ford wants more dealers involved in its electric vehicle (EV) sales, so it’s lowering the barrier of entry. Based on Drake’s interview, Ford wants to expand its EV sales to more dealers. Ford is reportedly planning to open EV sales to all its US-based dealers and change the financial requirement for selling EVs.

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Dealers Ford Sale Re-Charge 112

CleanTechnica EVs

JUNE 7, 2024

Costco members can get a $1,000 incentive for selected GM EVs through the company's longrunning Costco Auto Program, on top of other state, federal, or dealer incentives. The post How Costco Could Move The Needle On EV Sales In The US appeared first on CleanTechnica.

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Sale GM Dealers Auto 112

Teslarati

MAY 12, 2022

Lordstown Motors announced last night it has closed the sale of its manufacturing facility in Ohio to Foxconn after the two companies signed a contract manufacturing agreement and joint venture agreement for product development. Lordstown Motors (@LordstownMotors) May 11, 2022. 100 million incremental investment!

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Manufacturer Motor Motors Motoring 98

Cars That Think

APRIL 15, 2024

Among the countless challenges of decarbonizing transportation, one of the most compelling involves electric motors. In fact, ZF astounded analysts late last year when it announced that it had built a 220-kilowatt traction motor that used no rare-earth elements. kilowatts per kilogram. kilowatts per kilogram.

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Motor Motors Motoring Supplies 143

Baua Electric

MAY 10, 2024

Tata Motors’ net profit for the fourth quarter of 2023-24 jumped over three-fold on a year-on-year with robust performance in all divisions. The India business is now debt-free, and we are on track to become net automotive debt-free on a consolidated basis in FY25,” Tata Motors CFO PB Balaji said. The company recorded Rs 9,478.24

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Land Rover Motor Motors Motoring 52

Baua Electric

FEBRUARY 1, 2024

Hyundai Motor India has opened CY2024 on a very strong note, having registered its best-ever monthly wholesale numbers in January. At 57,118 units, January 2024 sales are a strong 14% year-on-year increase (January 2023: 50,106 units). This is the second fiscal on the trot that Hyundai has surpassed the half-a-million milestone.

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India Hyundai Motor Motors 52

Teslarati

JANUARY 8, 2024

South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which holds the fourth-largest share in the US car market.

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Kia Hyundai Sale Tesla 116

Baua Electric

JUNE 9, 2024

Pune-based Force Motors Ltd (FML), known for its Traveller and Trax Utility vehicles, is aiming to extend its strong FY22 and FY23 performance for at least two more years (FY24 and FY25), buoyed by over 40% growth in its overall business. Force Motors’ business has been steadily rising since the last quarter of FY20-23.

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2015 Motor Motors Motoring 52

Baua Electric

MARCH 1, 2024

MG Motor India today announced its retail sales numbers for February 2024, totalling 4,532 units. The company registered a growth of 18% over the previous month, January 2024, with 3,825 units sold in that month.

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India Sale Motor Motors 52

Baua Electric

JUNE 8, 2024

and can display over 20 vehicles certified by the automaker Toyota Kirloskar Motor (TKM) recently inaugurated its first company-owned Toyota Used Car Outlet (TUCO) under the ‘Toyota U-Trust’ brand. Also Read : Innova, Hyryder and Fortuner lead Toyota’s 24 per cent sales growth in May 2024.

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Toyota Companies Cars India 52

Teslarati

FEBRUARY 28, 2024

Hyundai Motor Group’s Metaplant America (HMGMA ) in Georgia will likely boost its electric vehicle (EV) sales in the United States. Hyundai Motor Group is investing $7.59 The Asian car company is also building a $5 billion EV battery cell plant with SK ON in Georgia, which is expected to employ 3,500 workers.

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Hyundai America Sale Georgia 109

Teslarati

MARCH 3, 2024

The Tesla Cybertruck that was recently sold at auction for $244,000 has now gone on sale again, this time through a Florida dealership trying to get $289,999 out of it. Credit: Porsche South Orlando At the time of writing, neither Porsche nor parent company Volkswagen have responded to Teslarati’s requests for comment.

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Sale Tesla Porsche Austin 132

Teslarati

APRIL 1, 2021

Lucid Motors and Rivian were sued by the Illinois Automobile Dealers Association, the Chicago Automobile Trade Association, and some individual franchised auto dealerships in the state for selling vehicles directly to consumers. Credit: Lucid Motors. Lucid operates out of California and has its main production facility in Arizona.

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Illinois Dealers Motor Motors 99

The Truth About Cars

JANUARY 30, 2024

Despite previously having committed itself toward a future where it builds all-electric vehicles, General Motors has made plans to bring plug-in hybrids back to our market. While we can only speculate as to her rationale, it seems plausible that lackluster EV demand is causing the company to think twice about its pre-existing plans.

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General Motors Plug-in Motor Motors 122

The Truth About Cars

OCTOBER 18, 2023

Ohio-based Lordstown Motors has received approval from the U.S. Bankruptcy Court to sell its remaining manufacturing assets to a company owned by its founder and former CEO Stephen Burns for roughly $10 million. Burns eventually sold off his remaining equity in the company. Department of Transportation.

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Buy Companies Ohio General Motors 115

Baua Electric

APRIL 8, 2024

Just weeks after teasing the launch of its fourth all-electric model and promising some impressive specs, China’s IM Motors has officially opened pre-orders for its L6 Sedan. As we recapped in late March, IM Motors is a fairly young Chinese automaker specializing in EVs that operates as a joint venture between SAIC Motor and Alibaba.

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Motor Motors Motoring Power 52

Electric Vehicles India

FEBRUARY 10, 2023

With the launch of electric cars by tata motors in various segments and in various price segments, the Ev car market is seeing a major incline in the sales graph. Ltd by the super sales of their compact SUV Nexon ev. Tata motors are one of the dominant and leading one in this competitive EV market.

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Sale Electric Cars Cars Electric 98

The Truth About Cars

APRIL 8, 2024

However the company actually had a good sales year, moving 6,970 vehicles in a twelve-month period. Lotus noted that sales ramped up in the final quarter of 2023, with the company seeing a 110-percent increase after the launch of the Lotus Eletre SUV. The real question is whether or not sales are sustainable beyond that.

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Sale General Motors Mitsubishi SUV 105