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Hyundai sees Europe as a ‘battleground’ for EVs and wants its share of the market

Baua Electric

Hyundai Motor Group , including Kia and Genesis, is looking to take advantage of Europe’s “battleground” with plans to expand in the world’s second-largest EV market. Starting at under $27,500 (25,000 euros), Hyundai’s new EV will be one of the most affordable in Europe.

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Tesla and Toyota to revisit old partnership for new EV development: report

Teslarati

Citing an official from the Japanese automobile industry, the Chosun Ilbo , one of South Korea’s largest newspapers, stated that the upcoming partnership between Tesla and Toyota would likely result in the development of a small electric SUV. The partnership has reportedly been under review since last year. .

Toyota 145
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Report: Vehicle Supplies Are Climbing Back Up

The Truth About Cars

This is according to a report from Cox Automotive , which stated that the month of February opened with the industry seeing an average new vehicle supply of 80 days. But there does not appear to be a similar surplus of affordable models. It was followed by Honda, Lexus, Mazda, Land Rover, Cadillac, Kia, Porsche, Subaru and BMW.

Supplies 116
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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Tesla’s Model 3 paved the way to powerful, affordable EVs. Electric Vehicles are Affordable. News: Two EV Introduction Paths from Hyundai-Kia. Europe and China.

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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

The collective dismay was probably best reflected in the question: “Is the Biden administration pushing the industry to move too fast on EVs?” However, it can encourage federal regulators to implement policies so rigid that the industry is required to build EVs in greater numbers and that has been its preferred tactic.

Dealers 105
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Automakers whine about €15B fine they knew they’d risk for pushing gas cars

Baua Electric

And some are close to meeting them due to high EV or hybrid mix, like Kia, Hyundai and Stellantis. Multiple automakers have already met the targets, namely Tesla and Volvo, who are well under the requirements. These companies risk a fine of a few hundred euros per car if their fleet emissions remain at 2023 levels. And you didn’t do it.

Gas 52
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What Kind of Cars Do Women Actually Want?

The Truth About Cars

On International Women’s Day, the Kia EV9 was announced as the “Supreme Winner” of the Women's Worldwide Car of the Year (WWCOTY) 2024. That effectively precludes any vehicles that are not intended for the global market, with winners resulting from the opinions of a limited number of industry experts.