Hyundai Ends Kona EV Sales in South Korea

The Truth About Cars

Hyundai Motor Company will end sales of its best-selling electric vehicle, the Kona EV, after a series of fires and faulty braking systems prompted mass recalls in South Korea. The post Hyundai Ends Kona EV Sales in South Korea appeared first on The Truth About Cars.

South Korea Wants More Electric-Car Charging Stations

Green Car Reports

South Korea electric-car sales have been helped significantly by government subsidies both national and local, but there's still much room for improvement. That's because despite these subsidies, just 850 plug-in cars were sold in South Korea in 2014, leaving the country with around 1,800 on its roads at the end of the year. South Korea incentives plug-in cars transportation policy

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South Korea to extend electric-car subsidy to long-range vehicles too

Green Car Reports

South Korea currently offers electric-car subsidies, but only to shorter-range vehicles. This somewhat unusual provision was put in place in 2012, the government says, to encourage sales of electric cars with convenient charging times. Asia South Korea incentives plug-in cars Incentives and RebatesUnder the current rule, electric cars that can fully charge in under 10 hours on standard household current.

IHI and Hyundai WIA form turbocharger JV in South Korea

Green Car Congress

IHI Group’s Turbocharger business aims at a target of 10 million units per year sales. brand in Asia through the joint-business in South Korea. IHI Corporation and Hyundai WIA Corporation, a major automobile parts manufacturer and a major subsidiary of Hyundai-Kia Motor Group, have entered a joint venture agreement for turbochargers.

Electric-Car Sales Surge In South Korea, Supported By Subsidies

Green Car Reports

Sales of plug-in electric cars are very regional right now, globally as well as within the United States. Norway, for instance, has seen electric-car sales soar because it offers financial incentives and other benefits that aren''t available to drivers of vehicles with combustion engines. Now we can add South Korea to the list of countries where

South Korea to Boost Vehicle Fuel Economy Standards

Green Car Congress

South Korea plans to raise the fuel economy of locally-made vehicles to surpass future requirements being by the US and Japan, according to the Ministry of Knowledge Economy (MKE). This current improvement in fuel efficiency is attributable mainly to increasing sales of lightweight vehicles and small cars, as well as to advances in engine and parts technologies, according to MKE. Yonhap.

Toyota Launches Sales of Prius and Camry Hybrid in South Korea

Green Car Congress

Toyota Motor has begun sales of Toyota-brand vehicles in South Korea at five new dealerships, including three in Seoul, established by TMC’s local distributor Toyota Motor Korea Co., TMC has set an initial combined monthly sales target of 500 vehicles and aims to increase that number to 700 vehicles beginning in 2010. We intend to make every effort to contribute to South Korean society and earn a loyal following. ”.

Toyota expands into South Korea

Green Cars News

The dominance of Toyota in the automotive sector shows no signs of slowing down, as the company moves into South Korea. Toyota Motor has begun sales of its vehicles at five dealerships in the country, including three in Seoul, established by its local distributor Toyota Motor Korea Company Ltd. He stated that Toyota hopes to contribute to South Korean society and earn a loyal following.

Hyundai Tucson Fuel Cell Global Sales Below Target, Company Admits

Green Car Reports

Roughly two years later, though, Hyundai isn't pleased with sales of its zero-emission crossover utility vehicle. South Korea sales California hydrogen hydrogen fuel cell alternative fuel vehicles Hyundai Tucson Fuel CellThe Hyundai Tucson Fuel Cell was launched outside the U.S. in 2013 as the first fuel-cell vehicle to be offered to the broader public in significant numbers.

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2016 Chevrolet Spark Teaser Photo Previews New York Auto Show Debut

Green Car Reports

launched in North America for 2013, has been a sales success for General Motors. The company has sold more than 1 million units of the stylish minicar globally since it first went on sale back in 2009. Offered in 71 markets and originating in South Korea, the Spark is also one of the company''s most globalized models. Hatchbacks South Korea New York Auto Show General Motors minicar Ecotec The current Chevrolet Spark.

Mercedes-Benz Cars tripled global sales of xEVs in 2020; 7.4% of sales

Green Car Congress

We more than tripled sales of our plug-in hybrids and all-electric cars. Sales of plug-in hybrids almost quadrupled to more than 115,000 units. kWh/100 km) achieved sales of about 1,700 vehicles. Deliveries of the all-electric smart models totalled approximately 27,000 units, a strong double-digit increase (+45.6%) compared with the previous sales record in 2019 (18,400 units). Sales in the North America region totalled 317,592 units (-14.7%).

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Kia unveils EV6 electric crossover; on-sale in H2 2021

Green Car Congress

It also begins the mid-to-long term strategy for BEVs, plug-in hybrid (PHEV) and hybrid electric (HEV) vehicles to make up 40% of Kia’s total sales by 2030, with an annual sales target of 1.6 The EV6 will be produced in South Korea.

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Sales of Hyundai hydrogen fuel cell Nexo pass 1K unit mark in 2019

Green Car Congress

Business Korea reports that sales of Hyundai Motor’s Nexo hydrogen fuel cell vehicle this year reached 1,075 units on May 17, exceeding the 949 units sold for the whole of last year. Of the 1,075 units sold so far this year, 767 were sold in Korea and 308 abroad. Domestic sales of the Nexo hit 363 units in April alone, a monthly sales record. The sales volume is expected to further rise thanks to the Korean government’s subsidiary program this year.

2019 228

BloombergNEF expects 40% growth in global EV sales in 2019; 2.6M vehicles, 1.5M in China

Green Car Congress

China’s market is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019. Broader macroeconomic factors (higher interest rates and slowing consumer spending) will also impact global sales. BNEF expects European EV sales to come in just under 500,000 units, with strong growth in the Nordics and in Germany. BNEF expects North America sales to come in around 425,000 units, up modestly from 405,000. BloombergNEF (BNEF) expects 2.6

2019 311

IHS Markit: global auto sales to drop 22% this year

Green Car Congress

IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 The IHS Markit forecast for Greater China sales in 2020 sees volume at 21.4 The forecast is for Europe to see sales fall 24.6% North America is forecast to see sales drop 26.7% market sales forecast is 12.5

2020 150

Hybrid sales drop while SUV sales rise

Green Cars News

According to reports in the Korea Times, carmakers in South Korea sold just 591 hybrids in February, representing just 0.5 Tags: Green cars Hybrid cars Hyundai Latest news hybrid sales Hyundai Avante Hybrid Kia Forte Hybrid Korea Times South Korea SUV sales We may be at the dawn of a green car era but not all motorists are changing their buying habits with an environmental conscience.

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Korea considers changing its EV subsidy after Tesla buyers cash in

Green Car Reports

South Korea may exclude Tesla from the list of automakers that qualify for electric-car subsidies as the California transplant racks up sales, The Korea Herald reported Sunday.

2020 129

JATO: 2018 record year for EVs; sales up 74% to 1.26M units; overall market stable, as SUVs rule

Green Car Congress

2018 marked a record year for the sale of battery-powered electric vehicles, according to data from JATO Dynamics. million sales throughout the year, up by 74% (about 1.5% of total global sales). The Model 3 became the world’s best-selling EV, as it was boosted by sales in North America, where it first became available. Overall, 2018 marked a somewhat challenging year for the global car market, as sales fell for the first time since 2009, logging 86.01

2019 228

GM to expand Chevy Bolt EV sales, bring battery production to US

Green Car Reports

As part of a sweeping update on General Motors' electric-car plans, CEO Mary Barra announced the company will expand production and sales of the Chevy Bolt EV. At the same time, GM is expanding battery production for the Bolt EV from South Korea to a new factory in Michigan. In a blog post on LinkedIn on Wednesday, Barra laid out the company's. General Motors Chevrolet Bolt

2018 96

Detroit Electric and Integrated Energy sign MOU on EV sales and V2X project in S. Korea’s Jeju Island

Green Car Congress

Korea-based Integrated Energy, and Detroit Electric, which plans to bring a new electric sportscar—the SP:01 ( earlier post )—to market in 2015, signed a Memorandum of Understanding (MOU) for Integrated Energy to conduct retail sales of Detroit Electric pure electric vehicles, and to implement a joint V2X project which will include a pilot program in South Korea.

2014 207

Which electric car will sell best in 2018, globally? Poll results

Green Car Reports

The new, longer-range second-generation Nissan Leaf will be in production at three factories around the world, the Tesla Model 3 should hit volume production, and the Chevy Bolt EV will be fully available in North America, Europe, and South Korea. sales New car sales plug-in cars Battery Electric Vehicle (BEV) PollsNext year is shaping up to be a banner year for electric cars globally.

2017 99

Valeo to form transmission JV with S. Korean partner Pyeong Hwa Group; torque converters and CVTs; boosting sales to Hyundai-Kia

Green Car Congress

France-based Valeo has signed an agreement with its long-standing South Korean partner Pyeong Hwa Group to create a 50/50 joint venture for transmissions; the new company will be called Valeo-Kapec. Each partner will contribute to this Joint-Venture its respective torque Ccnverter business, located for Valeo at Nanjing (China), Atsugi (Japan), San Luis Potosi (Mexico) and Troy (USA) and located for Kapec in Daegu, Waegwan and Seongju (South Korea).

2017 150

Chevy Spark EV Electric Car: No Retail Sales In Canada, Europe

Green Car Reports

Assuming you don''t already live in California or Oregon, where the subcompact electric car has been on sale since June--or South Korea, where it''s made.) General Motors had earlier announced that sales of the Spark EV would expand to Europe, and also to It''s a frequently asked question: Will the 2014 Chevrolet Spark EV be sold where I live?

2013 115

S. Korea bans sales of Nissan Qashqai diesel over emissions; imposes fine, files complaint

Green Car Congress

Charging that Nissan faked emissions results on the diesel Qashqai, South Korea’s Ministry of Environment (MOE) has ordered Nissan Korea Co., the local unit of the Japanese carmaker, to recall 814 units of the SUVs already sold in the country; banned sales of the vehicle; imposed a 340 million won (US$294,000) fine; and has filed a complaint with the prosecutor’s office against the head of Nissan Korea.

2016 150

JATO Dynamics: 2016 will be record year for plug-ins with global sales in excess of 700K units; China to begin dominating the market

Green Car Congress

A new white paper from JATO Dynamics, the UK-based supplier of automotive business intelligence, projects , based on its partner LMC Automotive’s forecasts, that the global market for plug-in vehicles (plug-in hybrid and battery-electric vehicles) will reach record sales in excess of 700,000 units next year thanks to strong growth in China, Europe and the US. The report projects annual EV sales in Europe of 500,000 units by 2019. Expected EV sales volume in 2016, 2019, 2022, 2025.

2015 192

Audi worldwide sales up 6.8% in September; strong Q7 performance

Green Car Congress

Audi saw its worldwide sales increase by 6.8% Sales in the Americas rose by 11.9%, while the brand’s business in Europe increased by 8.8%. With a strong start from the new Audi Q7, Audi saw its best-ever September sales in company history in Europe with almost 80,000 units. Since the start of the year, global sales have increased by 3.8% to 3,224 units), the company increased its sales by a clear double-digit margin in the past month.

2015 184

Roland Berger E-Mobility Index finds government subsidies for and projected sales of xEVs declining worldwide

Green Car Congress

The index compares the development of e-mobility in seven leading car-manufacturing nations (Germany, France, Italy, US, Japan, China and South Korea) on the basis of three parameters: technology, manufacturing, and market. Overall, worldwide sales forecasts—and hence the related production forecasts for EVs and PHEVs—are more conservative than in the preceding survey period. Forecasts for vehicle sales in China, the US and Japan have been corrected downward.

2013 205

E4Tech: ~1.1 GW of fuel cell capacity shipped in 2019, up 40% from 2018; led by fuel cell vehicles

Green Car Congress

The driving force for the market continues to be fuel cell vehicles, led by Japan’s Toyota and South Korea’s Hyundai. Asia remains the largest market for fuel cells, accounting for 680 MW, driven strongly by Hyundai NEXO sales into Korea and by Korean stationary power. Fuel Cells Hydrogen SalesA new report from specialist international sustainable energy consultancy E4tech finds that approximately 1.1

2020 174

Hybrid Sales Falter in S. Korea while SUV Sales Climb

Green Car Congress

Korea Times. Automakers in South Korea sold a total of 591 hybrids in February, represented 0.5% new vehicle sales in January. February sales included: 266 units of Hyundai’s Avante hybrid, just more than half of the 526 sold in January. Avante hybrid sales had topped 1,000 after its debut in July through September, but dropped to 627 in October and 485 in December. SUV Sales for Kia more than doubled during the same span.

2010 170

Current issue of fka/Roland Berger E-mobility Index drops US to 4th place

Green Car Congress

While COVID-19 has had a negative impact on vehicle markets around the world, sales of electric vehicles (xEVs) have grown strongly, especially in Europe. Increased sales volumes in Europe are to a large extent due to the purchase incentives contained in stimulus packages.

Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

Green Car Congress

Over the next five years, Volvo Cars will launch a fully electric car every year, as it seeks to make all-electric cars 50% of global sales by 2025, with the rest hybrids.

2020 418

Mercedes-Benz delivers its four-millionth SUV; SUV sales up 40% in August

Green Car Congress

The main contribution towards this increase came from the strong rise in unit sales of SUVs of approximately 40% during the month, which also saw the company deliver its four-millionth SUV since market launch. Sales of the SUVs from Mercedes-Benz reached a new high of 56,286 units in August (+39.3%)—the GLA and GLC were especially popular. Since 2011, unit sales of SUVs have more than doubled.

2016 150

Chevrolet sets first-half global sales record with 2.35M units; 14% growth

Green Car Congress

In addition, Chevrolet set record first-half sales in many countries, including Argentina, Brazil, Chile, China, Colombia, Denmark, Ecuador, France, South Africa, and Turkey. For the first half of 2011, Chevrolet recorded sales gains in all of its top five markets, including: The United States, up 16%; Brazil, up 0.4% Canada, where sales climbed 8%, and have more than doubled the pace of industry growth for the past 18 months. Chevrolet sold 2.35

2011 214

Navigant forecasts global light-duty fuel-cell-vehicle sales to surpass 2M annually by 2030

Green Car Congress

Annual light-duty fuel cell vehicle sales through 2030. In a newly published research report (“ Fuel Cell Vehicles ”), Navigant Research forecasts that worldwide sales of light-duty fuel-cell vehicles (FCVs) will reach the 1,000 mark in 2015 and then begin a period of strong growth, surpassing 2 million vehicles annually by 2030. In the Asia Pacific region, Japan and South Korea also have plans in place to expand infrastructure for 2015.

2013 184

Electric car maker reveals expansion plans

Green Cars News

There are plenty of previously unheard of names emerging to challenge the big motoring brands as the green car race gathers pace – and one to watch may be South Korea-based electric vehicle maker CT&T. The company outlined its expansion efforts during a Press briefing at the Tokyo Motor Show, where it announced $400million, 38,000 units in sales and distribution agreements with shipments to Japan to begin in November.

2009 37

Hyundai boosted by early hybrid success

Green Cars News

The world’s first production hybrid electric vehicle to be powered by a liquefied petroleum injected (LPI) engine has proven an instant sales success for its manufacturer. Hyundai Motor Corporation has received more than 1,000 pre-sale orders for the Avente/Elantra LPI hybrid since June 17 ahead of the car going on sale in South Korea on July 8.

Roskill: Yahua-Tesla deal indicative of increasing capability and numbers of Chinese lithium convertors

Green Car Congress

Roskill observes that Yahua Lithium’s entry into Tesla’s supply chain soon after commissioning—Yanhua Lithium was established in 2016—gives strong evidence that an increasing number of Chinese lithium convertors have gained the know-how to manufacture qualified battery raw materials, suitable for use by tier-1 cell makers in South Korea and Japan.

ZSW: more than 400,000 plug-in cars on road worldwide at beginning of 2014; 2x 2013

Green Car Congress

The batteries for the xEVs come mainly from Japan and South Korea, ZSW noted. Electric (Battery) Hybrids Plug-ins Sales Accumulated number of xEVs in leading global markets. Annual growth rate over the past three years is more than 100%. Click to enlarge.

2014 285

GM boosting production of Chevrolet Bolt EV more than 20% for Q4 compared to three-quarter average; 1% of US 1H vehicle deliveries

Green Car Congress

US and global demand for the Chevrolet Bolt EV has been very strong in 2018, with global sales estimated to be up more than 35% year over year in the second quarter and up more than 40% in the first half, according to GM. Demand for the Chevrolet Bolt EV, especially in the United States, Canada and South Korea, has outstripped production. The extra production coming on line should be enough to help us keep growing global Bolt EV sales, rebuild our U.S.

2018 183

IDTechEx: NiMH batteries still dominant in full hybrids, largely due to Toyota

Green Car Congress

Sales of HEVs have continued to grow throughout the COVID-19 pandemic despite the downturn of the overall car market. The report gives an in-depth look at the historic HEV market in China, Europe, Japan, South Korea, and the US, with an outlook over the next 20 years.

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Chinese company expands overseas

Green Cars News

The newly established Dongfeng Motor Korea will begin importing vehicles from Dongfeng Motor in China – making it the first incursion of Chinese built vehicles into the South Korean market. The vehicles will go on sale in the country beginning in April, 2010. . According to Lee Chulwoong, a Dongfeng Motor Korea executive, the vehicles will be 30 per cent cheaper than Korean vehicles and should attract interest from private entrepreneurs.

Hyundai Receives More Than 1,000 Pre-Sale Orders for Avante LPI Hybrid

Green Car Congress

has received more than 1,000 pre-sale orders for its Avante/Elantra LPI hybrid since 17 June. The car, the world’s first production hybrid electric vehicle to be powered by a Liquefied Petroleum Injected (LPI) engine, goes on sale in South Korea next Wednesday (8 July). In South Korea, where LPG-powered cars are common, LPG is half the price of gasoline. Hyundai plans to sell as many as 8,000 of the hybrids in South Korea by the end of the year.

2009 150

Roland Berger: China is the frontrunner in e-mobility subsidies; sales of xEVs double in Q1

Green Car Congress

The index, prepared by Roland Berger and fka experts, compares the relative competitive standings of the top seven automotive nations (Germany, France, Italy, the USA, Japan, China and South Korea) in the electromobility segment. Although China still lags behind other leading automotive nations in terms of the share of xEVs in total vehicle sales, in 2014 it became the second-biggest global market for xEVs in absolute terms. Korea is in third place behind Japan and France.

2015 191