Kia will Lead Apple Car Project Work under Hyundai Motor

Kabar Medsos – It seems like the Apple Car is far from dead. Rather, it continues to find new life in a number of reports connecting Korean automaker Hyundai Motor. However, it may not be the Hyundai brand that works on the Apple Car, but rather Kia. Via Korean publication Edaily, said Hyundai Motor, the parent automaker of Hyundai and Kia, will task the Kia division with Apple Car work. The brand also said on Wednesday it’s looking at cooperation with foreign firms surrounding self-driving and electric vehicles. Kia made…

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NIO Launches First Electric Sedan After Tesla Presents an SUV

Kabar Medsos – Chinese electric vehicle (EV) maker Nio Inc is taking on conventional gasoline premium automakers from BMW to Audi further, launching on Saturday its first sedan model as it eyes a greater share of the world’s largest car market. The launch of the ET7, at an event in the western city of Chengdu, came as rival Tesla started selling its China-made Model Y sport-utility vehicle in the Chinese market. Nio is aiming to expand its product lineup to attract more customers. In China’s passenger car market, sedans and…

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Indonesia and LG Group Cooperate to Invest in Electric Vehicle Batteries

Kabar Medsos – Indonesia and a unit of South Korean firm LG Group have signed a memorandum of understanding (MOU) on a $9.8 billion electric vehicle (EV) battery investment deal, the head of Indonesia’s Investment Coordinating Board said on Wednesday (30/12). The deal was signed on Dec. 18 and includes investments across the EV supply chain, the board head, Bahlil Lahadalia, told a news conference. An official at LG Energy Solution, a unit of LG Group, South Korea’s fourth-largest conglomerate, confirmed it had agreed an MOU but could not provide…

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Hyundai Motor to Introduce Electric Vehicle Dedicated Platform Early Next Year

Kabar Medsos – South Korea’s Hyundai Motor Group said on Wednesday it will introduce an electric vehicle-only platform early next year that will use its own battery technology to cut production time and costs. The plan underscores efforts by the world’s No.5 auto group to become a major player in the global EV market, as car makers around the world are pouring billions of dollars of investment to improve battery technology, which keeps EV prices high compared with combustion engine models. Market leader Tesla said in September it aims to…

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