IONIQ range, E-GMP platform and the Metaplant ramp — Hyundai’s EV push, tracked.
Google’s autonomous driving unit Waymo is reportedly in talks with Hyundai to manufacture its next generation of self-driving vehicles, according to Reuters. This potential partnership could mark a significant shift in Waymo’s strategy and the autonomous vehicle industry as a whole. Talks Underway Officials from Waymo and Hyundai have met more than three times to…
The automotive industry is undergoing a seismic shift towards electrification, with fully electric vehicles (EVs) poised to overtake hybrid models in the long run. According to a recent report from The Economist, the current surge in hybrid car popularity may be short-lived as battery technology advances, costs decrease, and regulatory pressures intensify. The Temporary Rise…
Tesla’s Cybertruck is turning heads, not just for its design but for its sales numbers. In July, the Cybertruck’s deliveries matched the combined sales of every other electric pickup truck on the market, reports Automotive News. Cybertruck Takes the Lead in Electric Pickup Market According to new data from S&P Global, Tesla delivered 5,175 Cybertrucks…
Ford CEO’s China Trip Sparks Major EV Strategy Shift Jim Farley, Ford’s chief exec, is sounding the alarm after a recent China visit left him shaken by the country’s EV prowess. The Wall Street Journal reports that this wake-up call is driving significant changes in Ford’s approach to electric vehicles. The China Shock During his…
General Motors and Hyundai are joining forces to develop new vehicles and technologies, aiming to cut costs and speed up innovation. This partnership, announced on Thursday, will focus on internal combustion, electric, and hydrogen-powered vehicles, as reported by the NY Times. A Collaborative Effort The two automakers have signed a nonbinding agreement to explore areas…
Mercedes-Benz and U.S. battery startup Factorial are collaborating on a solid-state battery that aims to significantly boost electric vehicle (EV) range by the end of the decade. This new battery, named Solstice, is expected to extend EV range by about 80% compared to today’s average, with an energy density of 450 Watt-hours per kilogram, reports…
Sales of Chinese brands are up nearly 22% with Chinese companies overwhelmingly dominating sales of the EV market. Overcapacity in China’s auto manufacturing has become a major point of tension between the country and other big economies. The complaint from the west is that Beijing’s industrial policy has unfairly advantaged Chinese companies, leading to fears…
Hyundai Motor Company is gearing up for a massive expansion in Georgia, with plans to produce 300,000 electric vehicles (EVs) annually at its new manufacturing complex near Savannah. The South Korean automaker is betting big on rail transport to move these EVs efficiently and sustainably. According to Hyundai spokeswoman Bianca Johnson, about 70% of the…
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