Latest edition: 20 January 2025
Latest edition: 20 January 2025
Were it not for China, Hyundai would have had a stellar 2024. Still, its parent is not discouraged and promises huge investments in next generation models.
Merger plan starts to get more complicated already.
Shanghai centre focused on EV supply chain for global products.
Over 10k pre-sales achieved so far for the small Kia SUV.
The move comes as the company failed to obtain support from the US Department of Energy's Loan Program Office.
Gartner’s report suggests that production capacity cuts on both continents this year will be driven by pressures such as emissions targets and tariffs.
This agreement stems from allegations that the auto giant collected and sold data from millions of vehicles without clear consumer consent.
The acquisition would enable Chinese EV firms to sidestep European Union’s tariffs on EV imports from China.
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