Hyundai Motor Group has signed a memorandum of understanding with SK On to secure the supply of SK batteries for Hyundai Group electric cars in North America from 2025. However, further details of the collaboration will be announced at a later date.
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According to a new Greenpeace study, the car industry’s sales plans for more passenger cars with combustion engines are incompatible with the climate target of 1.5 degrees.
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Hyundai Motor Group has started construction of its new electric car plant in the US state of Georgia. The Bryan County plant is scheduled to begin production in the first half of 2025 with an annual capacity of 300,000 Hyundai, Kia and Genesis electric cars and batteries.
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The Hyundai Motor Group, including its brands Hyundai, Genesis and Kia, has announced a new global strategy through which all of the group’s vehicles are to become software-defined vehicles (SDVs) by 2025 – and increasingly electric. The (drive) hardware is to be further standardised for this purpose.
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Factorial Energy, the US developer of solid-state battery cells for electric cars backed by Mercedes-Benz, Stellantis and Hyundai-Kia, has begun construction of a new development and production facility.
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The Inflation Reduction Act, which also includes the reform of the EV tax credit, has now passed the House of Representatives after the Senate and is expected to be signed by President Joe Biden in the coming days. The new eligibility requirements will make most electric models ineligible for the tax credit.
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Hyundai has selected the iDM146 integrated drive module from BorgWarner to power another electric model in the A-segment. The start of production is planned for the third quarter of 2024. This is the Korean manufacturer’s second order for the iDM146.
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German supplier Webasto has commissioned a new plant to assemble batteries for passenger electric cars in Dangjin, Korea, south of Seoul. The Group already holds an order from Hyundai-Kia to supply battery systems for several fully electric volume models.
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Hyundai Motor Group has reached an agreement with the state of Georgia to build its first all-electric vehicle and battery manufacturing facility in the US.
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Hyundai and Kia plan to invest 21 trillion won (just under $17 billion) in electric car production in South Korea by 2030. The goal is to increase annual production from an estimated 350,000 units this year to 1.44 million units in 2030.
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Some manufacturers find it difficult to say goodbye to the internal combustion engine. According to a new paper filed with the US Patent and Trademark Office, Korean carmakers Kia and Hyundai could make their electric cars vibrate artificially to simulate the feeling in a car with a roaring motor.
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Ionity is receiving a 700-million-euro investment from its current shareholders and new partner Blackrocks Global Renewable Power Platform. The fresh captial will be used to massively expand the HPC network in Europe to around 1,000 locations by 2025.
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Factorial Energy, a US developer of solid-state battery cells, has announced a collaboration with Hyundai and Kia. The Korean carmaker will test Factorial’s solid-state batteries in its electric cars under a development agreement and make a strategic investment in Factorial.
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Hyundai Motor and LG Energy Solution have reached an agreement with the government of Indonesia to build a battery cell factory in Karawang near the capital Jakarta. The factory is scheduled to start production in the first half of 2024 with an annual capacity of 10 GWh.
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Hyundai and Kia want to develop an alkaline water electrolysis system and the associated stack together with the Canadian company Next Hydrogen in order to produce green hydrogen economically. The cooperation will also explore potential technological applications and future business opportunities.
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The integrated drive module (iDM) from BorgWarner, including the electric motor, transmission and integrated power electronics, is to be used in small electric cars from the Hyundai Motor Group, production of which is scheduled to begin in mid-2023.
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The Hyundai Motor Group with its brands Hyundai, Kia and Genesis wants to reduce the number of combustion models in its product range to free up resources for investments in electric cars, according to a media report. Around half of the models are apparently being questioned.
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Hyundai and Kia now cooperate with fellow South Korean cell manufacturer SK Innovation to develop and produce new batteries for hybrid vehicles. This involves optimized pouch cells that are to be used in new hybrid models from 2024.
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Hyundai and Kia announced a new strategy for e-mobility called ‘Rising Again, For China’. By 2030, the line-up in the People’s Republic will include 21 electrified models, including fuel cell and hybrid cars by both the Hyundai and Kia brands.
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Canoo’s deal with Hyundai-Kia announced last year appears to have fallen flat. New Canoo chairman Tony Aquila broke the news last Monday during an “icy investor call,” as The Verge reports. The collapse is set against a backdrop of a strategy change at Canoo.
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Vitesco Technologies has received an important order for its 800-volt components. For the first time, Continental’s drive division is supplying 800-volt inverters with silicon carbide technology in significant quantities to Hyundai.
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Apple is reportedly planning to invest around three billion euros in electric vehicle production and to cooperate with the South Korean carmaker Kia. Rumours that Apple could cooperate with the Hyundai Group already existed in January.
WeiterlesenAs manufacturers scrambled to meet EU (and Swiss) CO2 compliance levels with a last-minute registrations splash-and-dash in December, Schmidt Automotive Research crunched the numbers with some astonishing results.
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Because the expansion of the Ionity fast-charging network is progressing too slowly, the owners are discussing attracting private equity capital for Ionity. According to a media report, financial circles are talking about at least 500 million euros in fresh money.
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The Hyundai Motor Group’s entry into the Ionity fast-charging network is now official. The Korean company through its Hyundai and Kia brands holds a 20 per cent stake in the Europe-wide high power charging network founded by BMW, Ford, Daimler and Volkswagen.
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Based on their sales figures for the first half of 2020, the PSA Group, Volvo, FCA and the BMW Group already meet the EU targets for average CO2 emissions from new cars, as shown by an analysis by Transport & Environment.
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The European offices of Hyundai and Kia, together with Digital Charging Solutions (DCS) are launching a new charging service for electric car drivers under the labels Charge myHyundai and KiaCharge. The service will be rolled out across various markets in Europe.
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Hyundai Motor Group and SK Innovation have agreed to work together to develop a sustainable ecosystem for electric vehicle batteries. The cooperation of the South Korean companies will include various business areas not directly related to cell manufacturing.
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Hyundai, Kia and LG Chem have launched a start-up competition to identify promising newcomers in the field of e-mobility. The ‘EV & Battery Challenge’ calls domestic and foreign start-ups developing technologies and business models for EVs and batteries.
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In 2014, Hyundai-Kia installed the first heat pump in the Kia Soul EV. Since then, the Korean companies have continued to develop the technology – in a new article, they provide some insights into the development.
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