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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

Green Car Congress

Under the new plan, the company aims to boost annual global BEV sales to 1.87 million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. The innovation will be expanded to global plants in the future.

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MISC, Samsung Heavy, Lloyd’s Register and MAN partner to develop ammonia-fueled tanker

Green Car Congress

This builds on the technology development pathway that MAN ES presented at the NH3 Energy+ Topical Conference at Pittsburgh in October 2018. The transition from current to future applications is also a huge challenge for ammonia. In January 2019, MAN Energy announced it was developing an ammonia-fueled engine. The €5-million (USD$5.7-million)

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Hyundai, Kia invest additional US$250M in Grab; pilot EV projects

Green Car Congress

To start, Grab, Hyundai and Kia will launch a series of EV pilot projects in Southeast Asia starting with Singapore in 2019. The EV partnership will also work with regional stakeholders including governments and infrastructure players to improve EV infrastructure in the region, such as the building of a network of quick-charge stations.

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Digital Currency and Trade Systems Are Tearing up the Rules

Cars That Think

The next big thing in global commerce is "trust chain" digital platforms. A well-documented example is Singapore's Project Ubin , sponsored by the country's monetary authority and its Temasek sovereign wealth fund, which is now being deployed after five years of testing and development.

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Ride-sharer Grab to invest $700M in “Grab 4 Indonesia” 2020 master plan

Green Car Congress

The R&D centre will focus on developing innovations specific to Indonesia by building on the success of Grab’s existing localized solutions, including algorithms to address new road regulations in Jakarta and GrabHitch (Nebeng), a “bike-pooling” service that caters to nearly 1.4 Expand access to mobile payments and financing opportunities.

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Tata Motors posts record revenue and profit for FY24 | Autocar Professional

Baua Electric

JLR and Singapore are two places where we have the debt to be knocked out. So, Singapore may take slightly longer to take out. Several brokerages are concerned about the company’s ability to sustain the growth momentum going forward, given the declining order book at JLR and slowing global sales in the segment.

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The Godfather of South Korea’s Chip Industry

Cars That Think

By the beginning of the 21st century, South Korea had become a dominant power in the global semiconductor market, meeting more than 60 percent of international demand for memory chips alone. awarded him its prestigious Ho-Am Prize in 1993 for “building a solid foundation for Korea’s semiconductor industry.” Chang Hae-Ja. Frederick E.