Hyundai Motors has set another record in the U.S. sales. Hyundai’s impressive lineup of electric vehicles is spurring consumer demand, with the company’s best-selling IONIQ 5 SUV more than doubling sales in November from a year ago, setting a new monthly U.S. sales record. Hyundai sold 76,008 vehicles in the U.S. in November, and its record-breaking momentum has not slowed down. Randy Parker, CEO of Hyundai Motor America, said sales growth was driven by growing consumer demand for electric and hybrid vehicles. Hyundai’s U.S. electric vehicle sales increased 77% in November compared to the same period last year, while hybrid vehicle sales increased 104%. Last month, the company’s electrified […]
Sajjan Jindal, chairman and family owner of Indian steelmaker JSW, said JSW plans to launch its own electric car brand, marking the company’s entry into India’s growing electric car industry. Before announcing plans to launch an electric car brand, JSW announced in March this year a $1.5 billion joint venture with SAIC Motor to produce and sell MG-branded electric cars in the Indian market. In an interview, Jindal said that JSW plans to build an automobile plant in Aurangabad, Maharashtra, western India, which will exclusively produce its own brand of cars. This is also the first time that the company has revealed its goal of producing cars under its […]
According to foreign media reports, on December 3, the European Commission called for an EU fund with an additional 1 billion euros (about $ 1.1 billion) to support electric vehicle battery manufacturing because the current electric vehicle industry is facing pressure. The European Commission stated that the fund will become part of the 4.6 billion euros of the INNOVATION Fund to support the development of net zero technology and renewable hydrogen energy for the EU. European electric vehicle manufacturers are facing fierce competition from Asia. At the same time, consumers’ demand failed to meet expectations, resulting […]
German metalworkers union IG Metall said that nearly 100,000 workers joined the strike at the German factories of Volkswagen Group, Europe’s largest automaker, to protest the company’s management’s plan to cut wages and close German factories, and threatened to take further union action. IG Metall revealed that 98,650 employees from nine factories in Germany participated in the strike, with early shift workers striking for two hours and late shift workers planning to leave work early. IG Metall chief negotiator Thorsten Groeger said: “This is the first big impact of the winter protests. Volkswagen Group should wake up and finally shelve its nightmare plan to close the factory.” Sources […]
Adjustable spring rate suspension is designed to achieve a good balance between suspension performance and comfort, allowing users to adjust the spring strain rate according to specific conditions when using it. According to foreign media reports, a patent application recently published by the US Patent and Trademark Office (USPTO) shows that General Motors (GM) is developing an adaptive suspension system that can change the spring rate at any time, including a magnetorheological spring design. The patent application is called “Variable Suspension Spring Rates Using Magnetorheological Fluid” and is assigned a serial number of US 2024/0367473 A1. The application was originally filed on May 5, 2023 and published on November 7, […]
According to foreign media reports, Norway, the fastest global electrification transformation, has come up with new good news. In November, the country’s pure electric vehicle registration volume exceeded 10,000, and the proportion of the total number of new vehicles reached 93.6 %, Indicating that the country’s electric vehicle transformation has been basically completed. A press release released by the Norwegian Road Federation (Norwegian Road Federation) showed that the country’s pure electric vehicle registration was 10,940 units in November, which was basically flat from 10,862 vehicles in October, but it was significantly higher than 8,442 in November last year. […]