Hyundai has built a new factory in Ulsan, South Korea, that will be 100% dedicated to 100% electric vehicles. Interestingly, Hyundai took the opportunity with this auto factory to highlight Hyundai’s deep automotive history. The factory will be able to produce around 200,000 electric cars a year, with mass production … [continued]
September saw plugin EVs take 21% share in Germany, predictably down from 32.3% year on year, as a hangover from new incentive cuts. This is the flip-side of August’s large pull-forward, and fully expected. Overall auto volume was 224,502 units, unchanged YoY, and roughly in line with pre-2020 seasonal averages. … [continued]
As I wrote earlier today, this new electric vehicle era is all about batteries, batteries, batteries. Much of that simply means scaling up the battery supply chain and scaling up battery production, but it also means innovating and improving battery chemistry. While Hyundai is working with SK On and LG … [continued]
June saw plugin EVs at 24.6% share in Germany, down from 26.0% year on year. Full electrics grew their share at a decent rate, up from 14.4% to 18.9%, the share of plugin hybrids halved, however, after incentives were cut. Overall auto volume was 280,047 units, up 24.7% YoY, still … [continued]
Tesla hits the UK with its strongest ever May, helping lift the plugin electric vehicle market share to 23.1%, up from 18.3% year on year. BEVs have grown well, whilst PHEVs have remained mostly flat. Overall market volume was 145,204 units, some 17% up YoY, though still below the pre-2020 … [continued]
The auto market in Germany saw plugin EVs take 22.9% share in May 2023, down from 25.3% year on year. Full electrics gained share, but were outpaced by the losses in plugin hybrid share, due to recent policy changes. Overall auto volume was 246,966 units, up by some 20% YoY, … [continued]
Hyundai is reclaiming the Cybertruck look with a new hybrid fuel cell version of its iconic 1974 Pony Coupe Concept car.
Despite the attacks on ESG investing, Hyundai roars into Georgia with another new fossil-killing electric vehicle battery manufacturing plant.
The German auto market saw plugin electric vehicles take 20.5% share in April, significantly down from 24.3% year on year. Full electrics, however, saw increased share, though were outweighed by a halving of plugin hybrid share, a result of recent policy adjustments. Overall auto volume in April was 202,947 units, … [continued]
The UK car market saw plugin electric vehicles take 21.9% share of sales in April 2023, up from 16.2% year on year. Full battery electrics grew strongly in both share, and in volume. Overall auto volume was 132,990 units, up 11.6% YoY, though still down from the roughly 170,000 pre-2020 … [continued]
