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Tag Archives: EV

GAC Group to push $6.5 billion into EV industrial park

Source: GAC MOTOR

Guangzhou Automobile Group (GAC Group) has announced the construction of a new Chinese manufacturing hub, dedicated to the development and production of electric and “intelligent” vehicles under its GAC Motor brand. The move is not unexpected, considering that China’s EV and PHEV market has exploded over recent years. Indeed, the …

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Hyundai accelerates towards batteries as it puts hydrogen in park

Ioniq concept 
Source: Hyundai

Hyundai has announced plans for an new all-electric platform and luxury branding ahead of Korea Autoshow Hyundai senior vice president, Lee Ki-sang, confirmed the automaker’s change of direction as it makes plans to concentrate to move beyond fuel-cell hydrogen cars, adding: “The electric-vehicle platform will require high up-front investments but …

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