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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 Through the new EV architecture development system, Hyundai Motor Group will innovate its cost structure for electric vehicles by sharing components in their application to various models.

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Cal State LA hydrogen station becomes first in state certified to sell to the public by the kilogram

Green Car Congress

In the last six months, visitors from Korea, Japan, China, Russia, Germany and Scotland have come to Cal State L.A. Audi, Honda, Hyundai, General Motors, Mercedes Benz and Volkswagen have all fueled prototype hydrogen vehicles at the Cal State L.A. to tour the facility.

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Kia Motors to accelerate diversification of global mobility services

Green Car Congress

Kia Motors Corporation plans to expand its partnerships with global mobility companies to meet the needs of a diverse range of customers worldwide. In January, Kia Motors announced its long-term ‘Plan S’ strategy, which outlines the company’s plans to diversify mobility services in strategic regions around the globe.

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