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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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Kia global CEO targets annual sales of 4 lakh units in India by 2030, expects 10% CAGR | Autocar Professional

Baua Electric

South Korean car major Kia has set a target of selling 4 lakh units annually in India by 2030 thereby aiming for a 10% compound annual growth rate (CAGR) over the next seven years. Addressing the CEO Investor Day 2024 in Seoul, Korea on Friday, Ho-Sung Song, the president and CEO of Kia said, “We forecast sales of 1.1

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Kia to introduce Soul EV in US in 2014

Green Car Congress

At the media launch of the all-new 2014 Soul, Kia Motors America (KMA) also announced plans to offer an all-electric version of the company’s iconic Soul urban passenger vehicle in select markets in 2014. Soul EV will be the second alternative-fuel Kia vehicle to be offered for sale in the US.

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California passes 1M mark for cumulative sales of electric vehicles: BEVs, PHEVs and FCEVs

Green Car Congress

Specifically, cumulative sales through the end of 2021 were: 663,014 BEV (62.9%). For sales in 2021 only, the shares were: 183,933 BEV (73.5%). From CEC New ZEV Sales dashboard. Kia: 3,003 Niro EV, 2 Soul EV (1.6%). 379,125 PHEV (36% ). 11,956 FCEV (1.1%). 63,141 PHEV (25.2%). 3,205 FCEV (1.3%). Volkswagen: 5,293 ID.4,

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These Models Take the Longest for Dealers to Sell

The Truth About Cars

That said, the market seems to be healing, and some dealers now find themselves with too much inventory on hand. Though they sell a bit faster, there are almost 20,000 Ram 2500s and Jeep Gladiators for sale, and a whopping 35,590 Jeep Compasses available.

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NHTSA 2020 update on AEB installation by 20 automakers finds rapid progress

Green Car Congress

During the period from 1 September 2019, through 31 August 2020, another four manufacturers—Ford, Honda, Kia, and Nissan—equipped more than 75% of their new passenger vehicles with AEB. NHTSA estimates the agreement could make AEB standard on new cars three years faster than could be achieved through the regulatory process.

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Ford Explorer EV firms as replacement for soon-to-be-discontinued Escape SUV

EV Central

It also means Ford doesn’t have a competitor for some of the top selling vehicles in the country, including the Toyota RAV4, Mazda CX-5, Hyundai Tucson, Kia Sportage and Nissan X-Trail. The imminent demise of the Escape shines the spotlight on the recently-revealed all-electric Explorer that was designed for the European market.

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