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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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Retail sales rise 27% to 2.20 million vehicles in April 2024 | Autocar Professional

Baua Electric

The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. The key growth drivers for sales last month are the favourable market sentiment driven by stable fuel prices, positive monsoon outlook by the IMD, festive demand and the marriage season. million units).

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Retail sales rise 27% to 2.12 million vehicles in April 2024 | Autocar Professional

Baua Electric

The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. The key growth drivers for sales last month are the favourable market sentiment driven by stable fuel prices, positive monsoon outlook by the IMD, festive demand and the marriage season. million units).

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Hyundai Motor to enter hybrid vehicle segment in India in 3 years | Autocar Professional

Baua Electric

To be sure, Kia has already committed to bringing in hybrid vehicles in India, but Hyundai was earlier non-committal about bringing in that technology with investment being prioritised for pure battery electric vehicles. The market leader has guided for sales of about 7.5 The market leader has guided for sales of about 7.5

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

Chevrolet Volt plug-in hybrid, which is expected to sell for $40,000 when it goes on sales in the U.S. Wonder Autos chairman and CEO, Qingjie Zhao, believes the Chinese-Korean joint venture in Jinzhou (Liaoning province) could boost sales of the car to 50,000 vehicles a year within three years. in late 2010. Prius hybrid.

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