SEOUL—Hyundai Motor Co. plans to add electric vehicles (EV) in its Montgomery assembly line in the United States, marking the South Korean automaker’s first EV production in the country, Hyundai Motor Manufacturing Alabama said on Tuesday. Hyundai said it plans to invest $300 million to build the Electrified Genesis GV 70 and hybrid version of…
Hyundai Motor to Begin Electric Vehicles Production in US
April 14, 2022
admin
Asia & PacificBusiness & EconomyCompanieseconomyelectricHyundaiInternationalLocal NewsproductionRegional-Local NewsUSUS NewsWorld
0 Comment
Mercedes-Benz to Double EV Sales in 2022, Solidify Supplier Relationship
BERLIN—Mercedes-Benz aims to double its electric vehicle sales in 2022 and expand its electrified car footprint in relevant markets worldwide, Chief Executive Ola Kaellenius said on Thursday in an earnings press conference. Chief Financial Executive Harald Wilhelm listed a series of challenges the carmaker expected to face this year, including uncertain geopolitical developments, the ongoing…
Intel’s Mobileye to Launch Self-Driving Shuttles in US in 2024
San Francisco—Intel Corp’s Mobileye unit plans to build and deploy self-driving electric shuttles with its partners in the United States in 2024, in a bid to scale up its automated driving system beyond taxis and delivery vehicles, executives told Reuters. Mobileye, Benteler EV Systems and Beep will launch the on-demand driverless shuttles, which will feature…
Europe Needs Ambitious Charging Plans for 130 Million EVs by 2035: Report
LONDON—Governments and utilities need ambitious plans to cut red tape to install vehicle chargers if Europe is to be ready for 130 million electric vehicles (EVs) by 2035, a new report from EY and Eurelectric said on Tuesday. According to “Power sector accelerating e-mobility,” by the professional services group and Europe’s utilities trade body, Europe…
Electric Car Transition Puts Over 70,000 Jobs at Risk in Italy, Unions and Lobby Say
MILAN—The transition to electric vehicles will put around 73,000 jobs at risk in Italy, metal workers’ unions and a lobby group said on Thursday, calling on the government to start discussions on measures to support the automotive industry. Analysts say the auto sector in Italy could be hit harder than elsewhere because of the small…
GM Prioritizes Faster EV Launches Ahead of Fatter Profits
DETROIT—General Motors Co on Tuesday said it will spend more than the $35 billion previously planned through 2025 to speed up launches of new electric vehicles, and noted that investments in technology will take priority over richer profits next year. GM said it expects 2022 operating profit of $13 billion to $15 billion, in line…
Renault-Nissan to Do More Together in $26 Billion Electric Bet
TOKYO/PARIS—Renault and Nissan will work more closely together to make electric cars, they said on Thursday, as they detailed a $26 billion investment plan over the next five years to stay competitive in the switch to cleaner driving. The two-decade old alliance, which also includes Mitsubishi Motors, said it would increase the number of common…
Volkswagen Says Global Electric Vehicle Sales Jumped 97 Percent Last Year
Volkswagen Group’s global electric vehicle deliveries nearly doubled last year helped by sales of its ID.4 electric sports utility vehicle and the legacy automaker said it expects the first half of 2022 to be highly volatile due to chip shortages. What Happened The German automaker said it delivered 263,000 all-electric vehicles to customers last year,…
US Hybrid Electric Car Sales Hit Record Highs
SAN FRANCISCO—Pure electric cars are making all the headlines, but their gasoline-electric hybrid rivals quietly achieved record sales in the United States last year, industry data showed. While the likes of Tesla Inc. and Ford Motor Co. pushed for electric vehicle sales, Asian automakers boosted hybrid vehicle line-ups, as many customers still shun EVs due…
Tree Falling on PG&E Electric Line Started Northern California’s Dixie Fire in July: Officials
Officials in California on Tuesday said that wildfires that scorched across northern parts of the state last summer were caused when a tree fell on an electrical line owned by Pacific Gas and Electric Company (PG&E). In a statement, the California Department of Forestry and Fire Protection, or Cal Fire, said that following a “meticulous and…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta