globalautonews, Author at Gangnam Times - Page 2 of 5
globalautonews (90 Posts)
Canadian Choice: Genesis G80 and GV70 Win Big in Electric Vehicle ShowdownElectrified models of Genesis brand (from now on Genesis) have risen to the top in the Canadian automobile market. Genesis announced on the 16th that the G80 electrified full-size sedan model was selected as the ‘2024 Canadian Electric Car of the Year and the GV70 electrified mid-size SUV model as the 2024 Canadian Electric Utility […]
GM CEO Mary Barra Reveals Strategy to Overcome 2024 Hurdles GM's CEO Mary Barra at the Wolff Research Global Auto Conference in New York City on February 15, 2024, where she said this year's challenges include resetting EV production,.
Volkswagen Strengthens Technical Development Board in ChinaOn January 29, 2024, Volkswagen Group announced that it is strengthening its Technical Development Board function in China as part of its “In China, for China” strategy. Thomas Ulbrich (pictured above), a former Member of the Board of Management of the Volkswagen Brand for “New Mobility,” will head up Technical Development for the Group in […]
PGA Tour Golf Players Ready to Tee Up at 24 Genesis Invitational Signature EventThe Genesis brand (from now on Genesis) sponsors the PGA (Professional Golfers’ Association of America) tour tournament 2024 Genesis Invitational as the title sponsor. The tournament will be held at The Riviera Country Club in California, USA, from February 15th (Thursday) to 18th (Sunday) local time. This year’s tournament has been elevated to a Signature […]
China's BYD Eyes Mexico for Electric Vehicle Production, Targets U.S. MarketChina’s BYD is continuing to expand its presence in the international market. Although the overseas sales ratio was only 8% in 2023, it is expected to significantly expand its export market and local production from this year. The CEO of BYD Japan, Zhou Zhou, revealed in an interview with the Nihon Keizai Shimbun that he […]
Hyundai, Kia, and Genesis Dominate 2024 Best Car Awards Global Auto News Hyundai Motor Group has won the '2024 Best Cars Awards' in three categories, according to the leading U.S. automotive evaluation website 'cars...
Toyota Invests $1.3 Billion for Electric Vehicle Production at Kentucky Plant Toyota Motor Corp. has announced a $1.3 billion investment in its Kentucky plant to produce electric vehicles, including a three-row electric SUV for the U.S. market.
BYD Determined to Release New Type of Smart Driving Technology China's BYD will launch new smart driving technology next March, cnevpost reported on February 6, 2024. The first BYD city pilot-assisted driving feature will be available on March 30, the outlet said...
China's Push for Solid-State Batteries: Plans to Revolutionize Energy Storage by 2025 China already has 10 GWh of all-solid-state battery capacity and plans for more than 128 GWh of capacity around 2025 in the medium term, cnevpost reported Jan. 26, 2024, citing a CITIC Securities analyst research note...
China Sustains Electric Vehicle Sales Growth Even in January In China, sales of electric vehicles have continued to grow this year. Deliveries increased in January, a month when demand is typically low, and the first quarter is usually characterized by weak sales in January and February, especially during the Chinese New Year....
China Predicts Global Electric Vehicle Sales to Reach 20 Million Units in 2024 China EV100, a think tank for the Chinese electric vehicle industry, has predicted that global electric vehicle sales will exceed 20 million units in 2024...
Lamborghini Aims for 50% CO2 Emission Reduction by 2025, 80% by 2030 Lamborghini announced on January 30, 2024 that it is expanding its decarbonization strategy...
Tesla Continues to Expand Chinese Market Tesla's sales in China continue to grow. Tesla sold 484,507 vehicles in the fourth quarter of 2023, up 19.55% year-over-year, including 39...
Chinese EV Giant BYD Expects Nearly 90% Jump in 2023 Net Profit China's BYD has projected strong growth in net profit for 2023 due to record sales of new energy vehicles, Chinese electric vehicle portal cnevpost reported...
Volkswagen's China Gamechanger: Electric Vehicle Sales Soar by 23.2% in 2023 Volkswagen sold 3.24 million new vehicles in China in 2023, up 1.6 percent year-on-year, including 192,800 battery electric vehicles, up 23.2 percent. By model, the ID.3 was the best-selling model with more than 75,700 units...
Tesla's Billion-Dollar Vision: $10 Billion in Capital Expenditure This Year On January 29, 2024, Tesla announced that it will increase its capital expenditure plan to $10 billion this year. This comes on the heels of spending $8.9 billion in 2023...
Malaysia's Ambitious EV Goals: 80% Electric by 2050 Malaysia's battery electric vehicle sales are set to exceed 10,000 units in 2023 for the first time, thanks to government subsidies.
Maserati MC20 Folgore: The Electric Supercar to Watch in 2025 Maserati has announced that the battery-electric version of its supercar MC20, the MC20 Forgale, will be unveiled in 2025. It will be the company's first EV...
Elon Musk Warns of Chinese Car Dominance in the Global Market Tesla's Elon Musk at last week's earnings call, "Chinese automakers are the most competitive automakers in the world.
BMW's New 5/i5 Series: China Launch BMW introduced the new 5 Series sedan and the battery-electric i5 to the Chinese market on January 25, 2024. Unlike a typical launch event for a large business sedan, there were no business suits and speech rehearsals...
Canadian Choice: Genesis G80 and GV70 Win Big in Electric Vehicle Showdown Electrified models of Genesis brand (from now on Genesis) have risen to the top in the Canadian automobile market. Genesis announced on the 16th that the G80 electrified full-size sedan model was selected as the ‘2024 Canadian Electric Car of the Year and the GV70 electrified mid-size SUV model as the 2024 Canadian Electric Utility […]
GM CEO Mary Barra Reveals Strategy to Overcome 2024 Hurdles GM's CEO Mary Barra at the Wolff Research Global Auto Conference in New York City on February 15, 2024, where she said this year's challenges include resetting EV production,.
Volkswagen Strengthens Technical Development Board in China On January 29, 2024, Volkswagen Group announced that it is strengthening its Technical Development Board function in China as part of its “In China, for China” strategy. Thomas Ulbrich (pictured above), a former Member of the Board of Management of the Volkswagen Brand for “New Mobility,” will head up Technical Development for the Group in […]
PGA Tour Golf Players Ready to Tee Up at 24 Genesis Invitational Signature Event The Genesis brand (from now on Genesis) sponsors the PGA (Professional Golfers’ Association of America) tour tournament 2024 Genesis Invitational as the title sponsor. The tournament will be held at The Riviera Country Club in California, USA, from February 15th (Thursday) to 18th (Sunday) local time. This year’s tournament has been elevated to a Signature […]
China's BYD Eyes Mexico for Electric Vehicle Production, Targets U.S. Market China’s BYD is continuing to expand its presence in the international market. Although the overseas sales ratio was only 8% in 2023, it is expected to significantly expand its export market and local production from this year. The CEO of BYD Japan, Zhou Zhou, revealed in an interview with the Nihon Keizai Shimbun that he […]
Hyundai, Kia, and Genesis Dominate 2024 Best Car Awards Global Auto News Hyundai Motor Group has won the '2024 Best Cars Awards' in three categories, according to the leading U.S. automotive evaluation website 'cars...
Toyota Invests $1.3 Billion for Electric Vehicle Production at Kentucky Plant Toyota Motor Corp. has announced a $1.3 billion investment in its Kentucky plant to produce electric vehicles, including a three-row electric SUV for the U.S. market.
BYD Determined to Release New Type of Smart Driving Technology China's BYD will launch new smart driving technology next March, cnevpost reported on February 6, 2024. The first BYD city pilot-assisted driving feature will be available on March 30, the outlet said...
China's Push for Solid-State Batteries: Plans to Revolutionize Energy Storage by 2025 China already has 10 GWh of all-solid-state battery capacity and plans for more than 128 GWh of capacity around 2025 in the medium term, cnevpost reported Jan. 26, 2024, citing a CITIC Securities analyst research note...
China Sustains Electric Vehicle Sales Growth Even in January In China, sales of electric vehicles have continued to grow this year. Deliveries increased in January, a month when demand is typically low, and the first quarter is usually characterized by weak sales in January and February, especially during the Chinese New Year....
China Predicts Global Electric Vehicle Sales to Reach 20 Million Units in 2024 China EV100, a think tank for the Chinese electric vehicle industry, has predicted that global electric vehicle sales will exceed 20 million units in 2024...
Lamborghini Aims for 50% CO2 Emission Reduction by 2025, 80% by 2030 Lamborghini announced on January 30, 2024 that it is expanding its decarbonization strategy...
Tesla Continues to Expand Chinese Market Tesla's sales in China continue to grow. Tesla sold 484,507 vehicles in the fourth quarter of 2023, up 19.55% year-over-year, including 39...
Chinese EV Giant BYD Expects Nearly 90% Jump in 2023 Net Profit China's BYD has projected strong growth in net profit for 2023 due to record sales of new energy vehicles, Chinese electric vehicle portal cnevpost reported...
Volkswagen's China Gamechanger: Electric Vehicle Sales Soar by 23.2% in 2023 Volkswagen sold 3.24 million new vehicles in China in 2023, up 1.6 percent year-on-year, including 192,800 battery electric vehicles, up 23.2 percent. By model, the ID.3 was the best-selling model with more than 75,700 units...
Tesla's Billion-Dollar Vision: $10 Billion in Capital Expenditure This Year On January 29, 2024, Tesla announced that it will increase its capital expenditure plan to $10 billion this year. This comes on the heels of spending $8.9 billion in 2023...
Malaysia's Ambitious EV Goals: 80% Electric by 2050 Malaysia's battery electric vehicle sales are set to exceed 10,000 units in 2023 for the first time, thanks to government subsidies.
Maserati MC20 Folgore: The Electric Supercar to Watch in 2025 Maserati has announced that the battery-electric version of its supercar MC20, the MC20 Forgale, will be unveiled in 2025. It will be the company's first EV...
Elon Musk Warns of Chinese Car Dominance in the Global Market Tesla's Elon Musk at last week's earnings call, "Chinese automakers are the most competitive automakers in the world.
BMW's New 5/i5 Series: China Launch BMW introduced the new 5 Series sedan and the battery-electric i5 to the Chinese market on January 25, 2024. Unlike a typical launch event for a large business sedan, there were no business suits and speech rehearsals...
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