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Hyundai Motor Group (HMG) entered into an agreement with the State of Georgia to build its first dedicated full electric vehicle and battery manufacturing facilities in the US. Non-affiliated Hyundai Motor Group suppliers will invest approximately another $1 billion in the project.
The new electric car brand Aion S—recently unveiled at Auto Guangzhou 2018 by GAC NE, GAC MOTOR’s new energy vehicle arm—will be the first line of cars to adopt Nidec’s fully integrated traction motor system (E-Axle) ( earlier post ). Earlier post.). Earlier post.).
The Nikkei reports that Japan-based motor maker Nidec is planning to invest an estimated ¥100 billion (US$715 million) to build an e-axle plant in Mexico. The company plans to be capable of building an annual 7 million e-axles by March 2026. Nidec also jointly runs a plant with the Guangzhou Automobile Group.
GSR is honored to lead this round of investment in a disruptive technology that we believe has great promise for the Chinese automotive market and potentially building a global EV platform. This marks Protean Electric’s entry into China, the world's largest automobile market. In 2011, China automobile sales exceeded 18.5
Toyota Motor Corporation (TMC) and Yamaha Motor Co., A part of this collaboration is their joint exhibition of a communications-linked electric commuter concept and an electrically power assisted bicycle concept at the 42 nd Tokyo Motor Show 2011. Electric commuter EC-Miu. Electrically power assisted bicycle PAS WITH.
Hyundai Motor Company announced an updated roadmap for its future business Strategy 2025 at the 2020 CEO Investor Day’ forum held virtually in Seoul. Hyundai Motor also unveiled its mid- to long-term financial goals, which include an investment of KRW 60.1 The company plans to build 20 high-speed charging stations in Korea by 2021.
California-based Balqon Corporation, a developer of heavy-duty electric vehicles, drive systems and lithium battery storage devices ( earlier post ), has entered into a Joint Development Agreement with China-based Sichuan Automobile Industry Co., Sichuan Automobile Industry Co. Ltd (SAIG) to manufacture inner-city electric buses.
to build the first fully active suspension system with energy recovery function. Fluid is re-routed from the shock through the valve, where our proprietary integrated hydraulic motor can either extract power or perform work on the fluid. Then, the system guides the oil in the damper in such a way that it drives the electric pump motor.
Toyota Motor Corporation has commissioned Yamaha Motor to develop a 5.0-liter liter V8 engine for automobiles that is fueled entirely by hydrogen. At the same time, ‘Motor’ is in our company name and we accordingly have a strong passion for and level of commitment to the internal combustion engine. Earlier post.).
NextEV and the Nanjing Municipal Government signed a strategic partnership agreement to build a 3 billion RMB (US$463 million) plant facility for the development and production of high-performance motors and electronic modules in the Nanjing Economic and Technological Development Zone. —NextEV Founder and Chairman William Li.
DS Automobiles, a Stellantis brand, has unveiled the E-TENSE PERFORMANCE prototype as a high-performance testbed for coming DS production designs. Since its launch in 2014, DS Automobiles has put electrification at the heart of its strategy. From 2024, every new DS Automobiles design will be only 100% electric.
At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 By utilizing existing lines, construction time is much shorter than building new plants and can be ramped up quickly to meet EV demand.
The first automobile was invented in Germany in 1885 by Karl Benz, but it was the U.S. that led the building of the global 20th-century automobile industry. new-vehicle market was the world's largest, and General Motors was for decades the world's largest car company. Through the turn of the current century, the U.S.
Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., GAC Group); Beijing Automotive Group Co., BAIC Group); and Beijing SinoHytec Co., FCRD is a company that holds tremendous significance for Toyota's global FC strategies.
liter Atkinson-cycle four-cylinder engine, which is part of the two-motor hybrid-electric system that powers Honda Accord and CR-V hybrid-electric models. billion and employs 2,900 Honda associates who build V6 and inline 4-cylinder engines, including 1.5, billion and the capacity to produce 680,000 Honda and Acura automobiles, 1.18
Honda Motor recently unveiled its work on two key advanced future safety technologies being developed with the goal of realizing “zero traffic collision fatalities involving Honda motorcycles and automobiles globally by 2050”.
Hyundai Motor Group (HMG) introduced HTWO, a new brand to represent the group’s world-leading hydrogen fuel cell system. Building upon Hyundai’s 20-plus years of experience in hydrogen fuel cell technology, the brand will present hydrogen as a positive energy for humanity.
has successfully demonstrated the first transmission-equipped wheel hub motor, designed to improve the environmental performance, safety, and comfort of automobiles. To make in-wheel motors more compact, NSK developed a transmission-equipped wheel hub motor that uses two motors and a special transmission.
Hyundai Motor Group and India-based Ola—one of the world’s largest ride-hailing platforms— announced a strategic partnership under which Hyundai Motor Company and Kia Motors Corporation will make their biggest combined investment to date, as part the Group’s continued efforts to become a Smart Mobility Solutions Provider.
Hyundai Motor Company, Kia Motors Corporation, and LG Chem are jointly sponsoring the “EV & Battery Challenge” (EVBC), a global competition to identify up to 10 EV and battery start-ups for potential investment and collaboration. Hyundai Motor Group is planning to deploy 44 eco-friendly models by the year 2025, including 23 EVs.
Originally developed when the Chrysler legacy brands were still being operated under the purview of Daimler-Benz, the HEMI motors saw continued improvements under Fiat Chrysler Automobiles (FCA). Numerous models that were previously sold with V8 motors, were now coming with Stellantis's new 3.0-liter liter V8, but also the 6.4-liter
Hyundai Motor Company and Kia Corporation have signed a memorandum of understanding with Canada-based Next Hydrogen Corporation, a specialist in water electrolysis technology and a subsidiary of Next Hydrogen Solutions Inc., Hyundai Motor and Kia will also oversee the test performance of the new stack.
Renault-Samsung Motors (RSM) will manufacture Hybrid Electric and Internal Combustion Engine Vehicles in Busan for the local market and for export. This collaboration marks a further step in efforts by the two automobile groups in producing low-emission models, as well as increasing their penetration in the Asian HEV markets.
Hyundai Motor Company unveiled at CES 2020 its vision for urban mobility to help vitalize human-centered future cities. To realize the vision, Hyundai Motor showcased three mobility solutions, comprising Urban Air Mobility (UAM); Purpose Built Vehicle (PBV), and Hub, a place for mobility transfer and community activities.
Managed by DOE’s Argonne National Laboratory, the EcoCAR Mobility Challenge builds on a 34-year history of DOE Advanced Vehicle Technology Competitions that have embodied the spirit of American automotive ingenuity.
However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies. Energy-saving and new energy vehicles have become the development direction of the international automobile industry. 2012 Chinese Auto Industry Development Report.
Suzuki Motor Corporation, Subaru Corporation (Subaru), Daihatsu Motor Co. Toyota Motor Corporation, and Mazda Motor Corporation reached an agreement to develop jointly technical specifications for next-generation vehicle communications devices.
Fords application covers Motor vehicles, namely gasoline and electric automobiles, pick-up trucks, sport utility vehicles and their structural parts. The automaker has been expected to build a four-door Mustang for years, and the rumor mill has been churning on the subject since before the Mach-Es rollout for the 2021 model year.
The proposed facility will support industrial-scale production of advanced lithiated anodes for multiple battery cell makers and automobile manufacturers. Group14 intends to build two 2,000 ton per year commercial manufacturing modules. Applied Materials, Inc. ICL-IP America Inc.
In cooperation with its long-standing joint-venture partner FAW, Audi is currently building a completely new automotive plant specially for the future generation of electric-powered models on the basis of the new PPE technology platform. Audi is further expanding its presence in China through a second partnership.
In a press briefing held in Tokyo on its initiatives in automobile electrification, Honda announced that it will spend approximately ¥5 trillion (US$40 billion) in the area of electrification and software technologies to further accelerate its electrification over the next 10 years, including both R&D expenses (¥3.5 trillion / US$12 billion).
Desktop Metal, a provider of mass-production additive-manufacturing (AM) solutions, has qualified the use of 4140 low-alloy steel for the Production System platform, which leverages patent-pending Single Pass Jetting (SPJ) technology designed to achieve the fastest build speeds in the metal additive manufacturing industry.
Lexus is introducing its first battery electric vehicle (BEV), the UX 300e, at the Guangzhou International Automobile Exhibition. Lexus engineers kept the distinctive design and the utility characteristics of the UX crossover intact, and focused on the opportunities to build on the performance advantages unique to EVs.
In an address at the 2012 Mackinac Policy Conference, Ford Motor Company Executive Chairman Bill Ford said that “ Michigan must become the Silicon Valley of the mobility revolution ” and outlined key public policy areas to help improve the state’s competitiveness and ensure that the state realizes the full benefit of that impending revolution.
Covering the full range of battery electric vehicle applications, the Mobil EV product range includes: Mobil EV Therm series of thermal management fluids, formulated to help efficiently remove heat and increase equipment life in applications such as batteries, electric motors, and power electronics.
The concept testing focuses on a four-wheel drive system comprising four electric motors and an integrated driving dynamics control system. The BMW i7 M70, the first BMW M automobile based on an all-electric luxury sedan, is to follow as early as next year. kWh/100 km according to WLTP).
The partnership will utilize DiDi’s advanced AI technologies to build ride-hailing platforms to enhance efficiency for both taxi operators and drivers. DiDi and SoftBank aim to build an open and inclusive platform that will be available to all of Japan’s taxi operators. Source: DiDi. Click to enlarge.
Hyundai Motor Company premiered its new XCIENT Fuel Cell tractor, the commercialized class 8 6x4 fuel cell electric model, for the North American commercial vehicle (CV) market at the Advanced Clean Transportation (ACT) Expo. The project is centered on the development of a hydrogen mobility value chain.
Current EV business models are doomed unless manufacturers that have bet their futures on them, such as General Motors and VW, invest in or coordinate on a robust supercharger network. Meanwhile, Tesla worked both sides of the market by building a sufficiently wide network of high-speed charging stations before they sold too many cars.
In December 2017, FAW, Dongfeng Motor Corporation (DFM) and Changan Automobile —China’s three largest state-owned automotive manufacturers—signed a Strategic Cooperation Framework Agreement. Established in 1953, FAW is China’s oldest and largest automotive group. Annual sales exceed three million units.
The participating companies are Beep, Cruise, Fiat Chrysler Automobiles, Local Motors, Navya, Nuro, Toyota, Uber, and Waymo. At the State and local level, participants may include departments of motor vehicles, departments of transportation, highway safety offices, and city governments.
The proposed facility will support industrial-scale production of advanced lithiated anodes for multiple battery cell makers and automobile manufacturers. Group14 intends to build two 2,000 ton per year commercial manufacturing modules. Applied Materials, Inc. ICL-IP America Inc.
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