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Hyundai, Kia invest additional US$250M in Grab; pilot EV projects

Green Car Congress

Southeast Asia’s leading O2O (online to offline) mobile platform, announced an agreement under which Hyundai Motor Company and Kia Motors Corporation will invest an additional US$250 million into Grab and establish a partnership to pilot EV programs across Southeast Asia. Hyundai Motor Group and Grab Holdings Inc.,

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Kia displays Ray EV and Naimo EV concept at Consumer Electronics Show

Green Car Congress

Kia Motors is showcasing its Ray production Electric Vehicle (EV) ( earlier post ) and Naimo EV concept car ( earlier post ) for the first time in North America at the Consumer Electronics Show in Las Vegas. The third electric vehicle design to be unveiled by Kia Motors Corporation in a year, the 153.5-inch

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

Below is a summary table ( download a PDF version ) of the proposed changes to the EV tax credit for new 4-wheeled electric vehicles. Download PDF version. Hyundai and Kia will invest in growing its EV manufacturing footprint to scale production and satisfy U.S. Hyundai and Kia will monitor the market conditions and U.S.