Hyundai Motor Group and LG Energy Solution have announced a Memorandum of Understanding (MoU) with the Government of Indonesia to manufacture BEV batteries in the country through a new joint venture (JV). As part of the JV, Hyundai and LG will invest a total of $1.1 billion in the construction of a battery plant in Karawang, near the country’s capital of Jakarta.
kia Stories July 29
kia Stories July 3
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 May 13
Hyundai Motor Group (HMG) just announced plans to invest $7.4 billion in the US to produce future EVs, grow its production facilities, and develop new mobility solutions. HMG is the umbrella over both Hyundai Motor Company and Kia Corporation and plans to invest this entire sum in the US by 2025.
kia Stories May 4
Kia is reporting strong demand for its sleek new EV6 electric crossover with over 30,000 show-of-interests within a month from the unveiling.
kia Stories March 30
Kia has unveiled today the Kia EV6, an electric crossover based on the Hyundai E-GMP platform, and the specs are basically the same as the recently unveiled Ioniq 5, but in a different package.
kia Stories March 15
kia Stories March 9
Kia has just offered the public a first glimpse at its upcoming EV6 hatchback. The next-generation BEV will be the first Kia donning the “EV” prefix, and the first to sit upon its dedicated E-GMP Platform. According to the automaker, the EV is the first developed under a new design philosophy built specifically around the company’s keen focus on electrification.
kia Stories February 23
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 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?