Hyundai Motor Group just announced it has chosen both SK Innovation and CATL as battery suppliers for its E-GMP. The Asian battery manufacturers will provide the third batch of lithium-ion battery cells for Hyundai’s electric vehicles launching after 2023. Both CATL and SK Innovation are familiar with the process, as they have previously delivered to Hyundai’s E-GMP production in the past.
kia Stories February 23
kia Stories February 21
As electric vehicles look to gain an even larger portion of the automobile market in 2021, consumers will look at a number of factors as they choose to go electric. One major specification on any EV data sheet is the estimated range i.e. the amount of miles your new vehicle can travel on a single charge. Naturally, you’re going to want the most battery for your buck. Below is a list of the current EV options for 2021 sorted by longest range.
kia Stories February 19
In an effort to expedite the country’s transition toward electric vehicles, the South Korean government is lowering the prices of electric vehicles by 2025. This strategy includes implementing electric battery leases for Korean customers. This would cut their initial purchase costs by nearly half.
kia Stories February 9
Korean automaker Kia announced an acceleration of its electric transition plan with “11 model EV lineup with 7 dedicated EVs by 2026.”
Is it enough?
kia Stories June 8, 2020
Internal-combustion vehicles made by Hyundai-Kia represented 8.9% of the global market in the first quarter of 2020. But the EVs it sells were 9.9% of the global electric-vehicle market. In other words, Hyundai could be the first legacy automaker that is now more competitive on EVs than with its gas- and diesel-powered cars.
kia Stories May 13, 2020
kia Stories February 26, 2020
It’s been a couple of months since Kia’s South Korean headquarters released “Plan S,” the brand’s EV and mobility plan. That plan set a target of a half-million annual global EV sales by 2026 with a worldwide lineup of at least 11 all-electric models. Electrek checked in with Steve Kosowski, manager of long-range planning and strategy at Kia Motors America, to see where things stand for North America.
kia Stories January 15, 2020
Two weeks ago, the Hyundai Motor Group said it would invest $87 billion to produce 23 EVs by 2025, with about half of them as new, dedicated electric models. Kia filled in some of the details yesterday when CEO Han-woo Park presented the brand’s EV plans for the next five years or so. Kia says it will offer 11 EVs by 2025.
kia Stories January 2, 2020
Hyundai executive vice chairman Euisun Chung today kicked off 2020 by announcing an expanded output of electric vehicles and other advanced technologies. He said the group — which includes the Hyundai, Kia, and Genesis brands — will invest more than $87 billion to produce 23 EVs by 2025. However, details about a possible 11 new, dedicated electric vehicles remain murky.
kia Stories December 27, 2019
Kia Europe will meet the challenge of new EU emissions limits by doubling its EV sales next year, according to Emilio Herrera, COO for Kia Europe. He confirmed that the Imagine high-riding electric sedan will go into production in 2021. But the biggest obstacle for EVs is still affordability and profitability, especially for an all-electric version of the subcompacts popular in Europe.