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Kia America reports seeing EV volume double year-to-date

Teslarati

Kia America reported seeing its electric vehicle (EV)volume double in July 2024. Kia America’s EV sales accounted for 18% of its total sales in July 2024. According to its report, Kia America is turning to hybrids to boost sales while demand for EVs is low, similar to sister company Hyundai Motors.

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Hyundai Motor Brands receive an A- credit rating from S&P Global

Teslarati

Hyundai Motor Company’s brands, Hyundai and Kia, received an A- credit rating from S&P Global. We will continue to prioritize financial stability and enhance our global competitiveness by adapting to market trends,” stated an official at Hyundai Motor Group.

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Hyundai and Kia make €100M strategic investment in Arrival to co-develop electric commercial vehicles

Green Car Congress

Hyundai Motor Company and Kia Motors Corporation today made a strategic investment of €100 million (US $110 million) in a new partnership with Arrival , a UK-based electric vehicle startup ( earlier post ). Of the total investment, Hyundai will contribute €80 million; Kia €20 million.

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Hyundai Motor Group, Canoo to co-develop all-electric platform for future EVs and PBVs

Green Car Congress

Hyundai Motor Group and Canoo will jointly develop an all-electric platform based on Canoo’s fully scalable, proprietary skateboard design ( earlier post ) for upcoming Hyundai and Kia EVs and PBVs (purpose-built vehicles) ( earlier post ). Hyundai and Kia both recently announced plans to develop fully electric PBVs.

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Kia brings e-Soul to Europe, upgrades Niro hybrid and PHEV

Green Car Congress

Kia used the Geneva International Motor Show as the platform to introduce the battery-electric e-Soul to Europe, as well as to reveal new upgrades to the Niro Hybrid and Plug-in Hybrid. Every Kia vehicle on show in Geneva employs the brand’s mild-hybrid, hybrid, plug-in hybrid, or electric vehicle technology.

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Driven to Extremes Euro EV Marathon – 15 countries and 3600 miles in five days in a Kia EV6

Electric Cars Report

Recreating an historic motoring exploit, expedition specialist Max Adventure is planning to drive a fully electric Kia EV6 from Oslo, Norway to Lisbon, Portugal in just five days. The 3,600-mile ‘Driven To Extremes Euro EV Marathon’ will pit the electric vehicle against the clock, visiting 15 countries in just 120 hours.

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Hyundai Motor Group launches new mobility service venture in LA: MoceanLab

Green Car Congress

Hyundai Motor Group has launched MoceanLab, a mobility service venture, as part of the Group’s larger initiative to create a sustainable, connected future. After a comprehensive thorough review, Hyundai Motor Group identified Los Angeles as the city to launch the MoceanLab. Left: Hyundai Motor Company, EVP KyoungLim Yun.