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Hyundai Motor Group to invest $87B over next 5 years; 44 electrified vehicles; new EV development system; hydrogen plans

Green Car Congress

Hyundai Motor Group (HMG) will invest more than KRW100 trillion (US$87 billion) over next 5 years—KRW20 trillion (~US$17.4 Hyundai Motor Group (HMG) will invest more than KRW100 trillion (US$87 billion) over next 5 years—KRW20 trillion (~US$17.4

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Nissan launches all-new Note in Japan, exclusively with second-generation e-POWER electrified powertrain

Green Car Congress

Nissan launched the all-new Note compact car in Japan, with sales planned to begin 23 December. The new Note features the second generation of Nissan’s e-POWER electric powertrain—a series-hybrid drive system in which the only function of the combustion engine is to act as a generator to produce power for the battery.

Japan 397
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SETEC POWER Emergency Mobile EV Charging System Unveiled in Bali

Setec Powerr

Jakarta – PT Toyota-Astra Motor (TAM) officially handed over 143 units of battery electric vehicles to the government to support the G20 Summit held in Bali on November 15-16. Besides being attended by Minister of State Secretary Pratikno, the event was also attended by the Japanese Ambassador to Indonesia, Kanasugi Kenji.

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Roskill: automotive batteries and stainless steel to drive nickel demand

Green Car Congress

per year over the course of the forecast period, due to rising output in China and Indonesia. Roskill expects sales of purely fossil-fuelled cars to start declining, even as sales of all types of vehicles continue to rise. Non-plug-in hybrids, 48V mild hybrids and 12V micro hybrids are expected to account for further sales.

Indonesia 170
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Right on time! VinFast’s affordable range of electric cars are closer than ever to Aussie launch

EV Central

Until now limited to its home country as well as other left-hand drive markets such as North America, VinFast rolled out its right-hand drive line-up at last week’s Indonesian International Motor Show in Jakarta. At IIMS VinFast also announced plans to develop with local suppliers a nationwide charging network in Indonesia.

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CATL accelerates overseas expansion as it outgrows China’s booming EV market

Baua Electric

CATL’s growth in China is mainly impacted by the country’s NEV growth rate (including hybrids) and rival BYD’s growth. Although higher NEV sales typically equate to more growth for CATL, rival BYD is quickly gaining market share, negatively impacting CATL. CATL is also looking to fuel its global growth through licensing its technology.

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CATL still dominates the EV battery market share in 2024, but BYD is gaining ground

Baua Electric

The new factories come in addition to the six already planned in Germany, Thailand, Hungary, Indonesia, and two in the US. Despite a slow start to 2024 due to the Chinese New Year, BYD saw solid sales growth. Samsung’s growth was boosted by higher BMW i4, i5, iX, and Rivian R1T and R1S sales. BYD ranked second with a 15.4%

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