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Hyundai makes strategic investment in deep learning computer vision startup allegro.ai

Green Car Congress

Hyundai CRADLE, Hyundai Motor Company’s corporate venturing and open innovation business, has made a strategic investment in allegro.ai , an Israeli technology company specializing in deep learning (DL)-based computer vision. Hyundai said that the partnership with allegro.ai Our investment in allegro.ai

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Hyundai Enters Commercial Vehicle Market in China With JV

Green Car Congress

Hyundai Motor recently signed an initial agreement to create a joint venture with Baotou Bei Ben Heavy-Duty Truck Co., Under the agreement, Hyundai and Baotou Bei Ben Heavy-Duty Truck Co. Hyundai will initially focus on heavy-duty trucks with a sales target of 100,000 units in China by the year 2014. Tags: Brief.

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Kia to take a position $200 million in U.S. plant, form EV9 crossover in 2024

Baua Electric

Kia has detectable the cost tag for placing its pristine electrical EV9 into manufacturing at its U.S. A emerging quantity of EV and battery investments had been made in Georgia. Hyundai one after the other unpriviledged farmland in October on a $5.54 plant in West Level, Ga.: $200 200 million.

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Ener1 To Supply Li-ion Packs to Hyundai Heavy for Electric Buses; Complete Turnkey Solutions Agreement with Toro

Green Car Congress

Ener1 has signed up two new customers for its Li-ion batteries: Hyundai Heavy Industries (HHI) and Toro. Hyundai Heavy Industries in Korea will receive Li-ion battery packs for electric buses; the packs are similar configurations as packs currently in operation in California with AC Transit. Tags: Batteries. million and 136.0

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Bargain electric ute incoming: Nissan plotting baby electric pick-up truck that could see Surf-Out concept come to life

EV Central

“One thing you can be sure about is we’re going to keep investing in the truck segment,” he said. Instead, the zero-emission Nissan utility would have price tag of less than US$40,000 ($A63,000) positioning itself as one of the more affordable all-electric pick-up trucks in the segment.

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Made in India electric vehicles ready to hit global markets | Autocar Professional

Baua Electric

At a time when global electric vehicle major Tesla is set to announce its big-bang entry into the Indian market this month, the world’s third largest passenger vehicle market is set to take a big leap into electric vehicle exports, with the Make in India tag well proven over the last couple of decades.

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Volkswagen teams with Tesla to slash India import duties

Teslarati

Cars with a price tag of $40,000 or less have a 60% import tax applied to them, while anything more than that number has a 100% duty, effectively doubling the price of the car. Attempts to decrease the duties have resulted in other manufacturers like Mercedes-Benz and Hyundai voicing support for the proposed cuts.

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