y. The company plans to expand capacity in phases. JEM aims to achieve INR 1 billion in revenue in its first year of operations, with a projected year-on-year growth of at least 2X. The company plans a state-wide rollout of the JEM TEZ, starting with key markets. JEM collaborates with partners like Porter, Pulse Energy, Battwheel, and Tapfin to develop an integrated EV ecosystem. Based on the Jupiter Wagons Limited (JWL) press release...

News  Updated at: 2025/03/03

Hyundai Vietnam launches first engines assembled locally On February 20, 2025, Hyundai Thanh Cong Vietnam Automobile Manufacturing JSC (HTMV) held a ceremony to launch its first engines manufactured and assembled in Vietnam. These engines are produced on a superior advanced technology line with an annual capacity of 30,000 units, serving the Palisade and New Porter models.  The production line features the modern production process, applying lea...

News  Updated at: 2025/02/26

Piaggio Group unveils Porter NPE, full-electric city truck in Italy On November 5, the Piaggio Group presented the new Porter NPE, its first full-electric city truck, at the Ecomondo fair in Rimini, Italy. The new electric Porter range is manufactured at Piaggio’s Pontedera factory and will be distributed in the main European countries through its dealers. The vehicle is equipped with an advanced Electric Drive Unit (EDU), which combines the el...

News  Updated at: 2024/11/06

% to 42,133 units and KGM decreased 13.2% to 56,565 units.   In terms of sales by model in June, Kia’s MPV Carnival was ranked first with 8,097 units sold, followed by Kia’s midsize SUV Sorento in second place with 7,307 units sold and Kia’s compact SUV Sportage, Hyundai’s light-duty truck Porter tied for third place in sales, each with 5,815 units sold. Hyundai press releaseKia press release...

News  Updated at: 2024/07/02

ts, Renault Korea decreased 42.4% to 33,131 units and KGM decreased 14.0% to 47,207 units.   In terms of sales by model in May, Kia’s midsize SUV Sorento was ranked first with 7,487units sold, followed by Kia’s MPV Carnival in second place with 7,211 units sold and Hyundai’s light-duty truck Porter was third in sales with 6,989 units. Hyundai press releaseKia press release...

News  Updated at: 2024/06/04

to 759,757 units, KGM decreased by 16.5% to 29,326 units, Renault Korea decreased 51.6% to 15,881 units, and GM Korea increased 50.5% to 125,212 units.  In terms of sales by model in March, Kia’s midsize SUV Sorento was ranked first with 8,974 units sold, followed by Hyundai’s light-duty truck Porter in second place with 8,032 units sold and Hyundai’s mid-size SUV Santa Fe was third in sales with 7,884 units. Hyundai press releaseKia press...

News  Updated at: 2024/04/02

GM Korea increased by 76.7% to 468,059 units, Renault Korea decreased 38.5% to 104,276 units, and KG Mobility increased 2.2% to 116,428 units. In terms of sales by model in 2023, the Hyundai’s premium sedan Grandeur is ranked first with 113,062 units sold, followed by Hyundai’s light-duty truck Porter in second place with 97,675 units sold. Kia’s midsize SUV Sorento was third in sales with 85,811 units sold. Hyundai press releaseKia press r...

News  Updated at: 2024/01/05

3 units, GM Korea increased by 72.8% to 416,692 units, KG Mobility increased 4.7% to 109,820 units and Renault Korea decreased 39.1% to 97,469 units. In terms of sales by model in November, Kia’s mid-size SUV Sorento was ranked first with 9,364 units sold, followed by Hyundai’s light-duty truck Porter in second place with 9,255 units sold and Hyundai’s mid-size SUV Santa Fe was third in sales with 8,780 units. Hyundai press releaseKia press...

News  Updated at: 2023/12/04

43 units, GM Korea increased by 69.3% to 369,588 units, KG Mobility increased 9.8% to 102,820 units and Renault Korea decreased 34.8% to 92,946 units. In terms of sales by model in October, Kia’s mid-size SUV Sorento was ranked first with 8,777 units sold, followed by Hyundai’s light-duty truck Porter in second place with 8,578 units sold and Hyundai’s mid-size SUV Santa Fe was third in sales with 8,331 units. Hyundai press releaseKia press...

News  Updated at: 2023/11/02

Piaggio and Foton to develop new range of electric Porter models On October 19, Piaggio and Foton Motor Group signed a contract for the joint development of a new range of electrically powered Porter vehicles. The new range of electric Porter models will be manufactured in Italy, in the Piaggio Group’s Pontedera factory. The new electric Porter vehicles will feature innovative cybersecurity solutions and active and passive vehicle safety system...

News  Updated at: 2023/10/19

.8% to 96,399 units and Renault Korea decreased 29.3% to 87,201 units.In terms of sales by model in September, Kia’s mid-size SUV Sorento was ranked first with 10,190 units sold, followed by Hyundai’s mid-size sedan Grandeur in second place with 8,159 units sold and Hyundai’s light-duty truck Porter was third in sales with 5,781 units.Hyundai press releaseKia press release...

News  Updated at: 2023/10/05

d 25.6% to 86,816 units and Renault Korea decreased 25.2% to 78,096 units.In terms of sales by model in August, Hyundai’s mid-size sedan Grandeur was ranked first with 8,820 units sold, followed by Kia’s mid-size SUV Sorento in second place with 7,176 units sold and Hyundai’s light-duty truck Porter was third in sales with 5,987 units.Hyundai press release Kia press release...

News  Updated at: 2023/09/04

les volume increased by 9.3% y/y to 2,416,508 units, Kia increased by 9.3% to 1,833,338 units, GM Korea increased by 71.4% to 255,011 units, KG Mobility increased 30.0% to 75,993 units and Renault Korea decreased 24.9% to 69,682 units.In terms of sales by model in July, Hyundai’s light-duty truck Porter was ranked first with 8,670 units sold, followed by Hyundai’s Grandeur in second place with 8,531 units sold and Kia’s compact SUV Sportage...

News  Updated at: 2023/08/02

to 1,573,170 units, GM Korea increased by 74.6% to 214,306 units, KG Mobility increased 36.5% to 64,965 units and Renault Korea decreased 14.8% to 64,847 units.In terms of sales by model in June, Hyundai’s Grandeur was ranked first with 11,528 units sold, followed by Hyundai’s light-duty truck Porter in second place with 8,250 units sold and Kia’s midsize SUV Sorento was third in sales with 6,978 units.Hyundai press releaseKia press releas...

News  Updated at: 2023/07/04

% to 1,296,241 units, GM Korea increased by 71.2% to 164,475 units, Renault Korea decreased 10.3% to 57,550 units and KG Mobility increased 38.3% to 54,902 units.In terms of sales by model in May, Hyundai’s Grandeur was ranked first with 11,581 units sold, followed by Hyundai’s light-duty truck Porter in second place with 8,061 units sold and Kia’s MPV Carnival was third in sales with 6,695 units.Hyundai press releaseKia press release...

News  Updated at: 2023/06/02

to 1,027,775 units, GM Korea increased by 54.9% to 124,456 units, Renault Korea decreased 23.7% to 42,396 units and KG Mobility increased 43.4% to 45,042 units.In terms of sales by model in April, Hyundai’s Grandeur was ranked first with 9,997 units sold, followed by Hyundai’s light-duty truck Porter in second place with 9,068 units sold and Kia’s midsize SUV Sorento was third in sales with 6,835 units.Hyundai press releaseKia press releas...

News  Updated at: 2023/05/08

00 units, GM Korea increased by 37.4% to 83,223 units, Renault Korea decreased 6.9% to 32,816 units and Ssangyong increased 50.8% to 35,113 units.In terms of sales by model in March, Hyundai’s midsize sedan Grandeur was ranked first with 10,916 units sold, followed by Hyundai’s light-duty truck Porter in second place with 10,282 units sold and Kia’s midsize SUV Sorento was third in sales with 6,890 units.Hyundai press release Kia press rele...

News  Updated at: 2023/04/04

all-knot production of Hyundai EX 6, EX8, and EX9 medium-duty trucks.By July 2024, it plans to implement the next stage, production facilities will be expanded, the staff will be increased to 350 people, a small-scale conveyor line for the production of an updated Hyundai County model and a Hyundai Porter light truck will be mastered.In 2023, Hyundai Trans Almaty will begin the first delivery of school buses as part of the republican program to u...

News  Updated at: 2023/03/13

sales volume increased by 8.5% y/y to 637,841 units, Kia increased by 12.5% to 489,132 units, GM Korea increased by 18.7% to 42,442 units, Renault Korea decreased 30.8% to 17,195 units and Ssangyong increased 46.0% to 21,434 units.In terms of sales by model in February, Hyundai’s light-duty truck Porter was ranked first with 11,099 units sold, followed by mid-size sedan Grandeur in second place with 9,817 units sold and Kia’s light-duty truck...

News  Updated at: 2023/03/03

global sales total of the five companies were 575,729 units, an increase of 8.7%.In terms of sales by model in January, Hyundai’s mid-size sedan Grandeur was ranked first with 9,131 units sold, followed by Kia’s MPV Carnival in second place with 6,904 units sold and Hyundai’s light-duty truck Porter was third in sales with 6,591 units.Hyundai press releaseKia press release...

News  Updated at: 2023/02/02