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Korean Market and OEM Activities: Slowdown in EV Demand, Expanding HV lineup
otor)’s plant manufactures the Yipao, Pegas, Carnival, Forte, Sportage, K5, K3, KX3, and EV5. EV6 and Sonet (2024-planned). Export of the Sonet, K5, and Sportage began in 2024. Export destinations will be expanded from current 50 countries to over 80 countries. Slovakia 360 350 Manufactures the Ceed, ProCeed, Sportage, Xceed, and Ceed Sportswagon. EV5 (2025-planned). Major export destinations include the U.K., Germany, Sweden, and Spain. U....
Market & Tech Reports Updated at: 2024/07/25
Analysis Report: Lithium-Ion Battery (Japan, Europe, North America and Korea)
Asan Plant 2019 LG LiB 1.4kWh 270 Kia EV6 BEV Korea Hwasung Plant 2021 SK LiB 77.4kWh Kia EV9 BEV Korea Gwangmyeong Plant 2023 LiB 99.8kWh 800 180.9 Kia K3 EV BEV Korea Yeomseong Plant 2020 LiB 56.5kWh Kia Niro EV BEV Korea Hwasung Plant 2022 LG LiB 64.8kWh 358 Kia Ceed Sportswagon PHEV PHEV Slovakia Zilina Plant 2020 LiB 8.9kWh 360 24.7 Kia K3 PHEV PHEV Korea Yeomseong Plant 2019 LiB 12.9kWh Kia Ni...
Market & Tech Reports Updated at: 2023/11/01
Korean Market and Brands: Public and Private Sectors Building EV/Battery Production Capacity
’s plant manufactures models such as the Yipao, Pegas, Carnival, Forte, Sportage, K5, K3, KX3, KX5, and K3 EV, etc.Kia ceased operations at its Plant No.1 at the end of June 2019. From 2021, Human Horizons leases the Plant No.1 to produce its new energy vehicles. Slovakia 360 311 Manufactures the Ceed, ProCeed, Sportage, Xceed, and Ceed Sportswagon. EV (2025-planned) U.S. 340 340 Manufactures the Sorento, K5 (Optima), Telluride, and Sportag...
Market & Tech Reports Updated at: 2023/07/05
Analysis Report: Car Navigation System (Japan, US, and European Markets)
ion, but the mainstream of automobile manufacturers in North America is to install DA (display audio) excluding navigation functions. It is expected that the current mainstream display audio with smartphone linkage function will continue for the time being. In addition, GM and others are also proceeding with the installation of new HMI functions in the cockpit, such as installing the Alexa service, which is an assistant system provided by Amaz...
Market & Tech Reports Updated at: 2023/06/08
Analysis Report: Lithium-Ion Battery (Japanese, European, North American and Korean Markets)
ehicles, including HEVs. In addition, some countries/regions have issued policies to ban the sale of ICE vehicles (UK by 2030, France by 2040). U.S. SAFE vehicle regulations stipulate the level of CO2 emissions and fuel economy until 2026, and a credit system (a system that saves the amount exceeding the standard value and uses it under certain conditions, such as when the standard value is not achieved) is set as a means to achieve it. In ...
Market & Tech Reports Updated at: 2022/11/11
Korean market and domestic brand trends: Semiconductor shortages reducing production and sales
enault brand starting in the second half of 2022. On the other hand, in January 2022, Renault Samsung partnered with Geely Holding Group to introduce the new models including hybrid vehicles using Geely’s technology into the Korean market. Ssangyong, which filed for corporate reorganization proceedings in December 2020 and had been looking for a buyer, signed an acqisition contract with a consortium led by Edison Motors, a South Korean elect...
Market & Tech Reports Updated at: 2022/03/01
Key Allies China analysis on NEV market in December 2020
vehicle) passenger cars by manufacturer were led by SAIC-GM-Wuling, followed by Tesla and BYD. However, with Tesla's launch of the new domestic Model Y in the New Year and a significant price cut for Model 3, Tesla is likely to take the top spot in January. Sales of SAIC-GM-Wuling, Tesla and BYD exceeded 110,000 units. Table 5) EV passenger car sales of the top 15 OEMs, January – December 2020 (Note: Production in China only)Source: Chi...
Market & Tech Reports Updated at: 2021/01/29
Key Allies China analysis on NEV market in November 2020
of year-over-year (y/y) growth. EV According to the China Passenger Car Association (CPCA) in the January through November 2020 period, sales of EV (electric vehicle) passenger car sales were led by SAIC-GM-Wuling, followed by Tesla and BYD. The sales of EV by each of these three manufacturers exceeded 110,000 units over the 11-month period. Table 5) EV passenger car sales of the top 15 OEMs, January – November 2020 (Note: Production ...
Market & Tech Reports Updated at: 2020/12/25
Korean market and trends of domestic brands: Tax breaks boosting domestic sales
M Korea held a market share of 4.4% supported by strong sales of the Trailblazer SUV for global market after its release in January 2020. Vehicle production in Korea in 2019 decreased for the fourth consecutive year, declining 1.9% y/y to 3.95 million units. Since production in Korea exceeded 4 million for the first time in 2007, output has remained above 4 million except for the years of the global financial crisis in 2008 and 2009,...
Market & Tech Reports Updated at: 2020/11/12
Key Allies China analysis on NEV market in September 2020
odel Sep (units) Jan to Sep (units) Share 1 Volvo S/V60 PHEV 762 4,762 8.4% 2 Volvo XC60 PHEV 692 4,033 7.1% 3 VW Passat GTE 372 3,732 6.6% 4 Kia Niro PHEV 309 3,351 5.9% 5 Kia Optima PHEV 229 2,722 4.8% 6 Tesla Model 3 754 2,700 4.8% 7 Mitsubishi Outlander PHEV 165 2,062 3.6% 8 Kia Ceed PHEV 389 1,979 3.5% 9 Kia Niro EV 233 1,799 3.2% 10 Volvo XC40 PHEV 253 1,739 3.1% 11 Volvo S/V90 PHEV 130 1,629 2.9% 12 Renault Zoe 211 ...
Market & Tech Reports Updated at: 2020/10/26
Key Allies China analysis on NEV market in August 2020
r 13,234 58,687 36.0% Total 33,171 162,936 100.0% Table 12)NEV sales in Denmark by model (August 2020) Rank Model Aug. (units) Jan.to Aug. 2020 period (units) Share 1 Ford Kuga PHEV 1,509 4,122 27.8% 2 Tesla Model 3 262 1,713 11.6% 3 Mitsubishi Outlander PHEV 136 966 6.7% 4 Kia Ceed PHEV 110 681 4.6% 5 Kia Niro PHEV 106 633 4.3% 6 VW e-Golf 15 602 4.1% 7 Hyundai Kona EV 150 563 3.8% 8 Peugeot 3008 EV 185 432 2.9% 9 ...
Market & Tech Reports Updated at: 2020/09/30
Key Allies China analysis on NEV market in June 2020
would lead to a gradual, stable growth of the NEV market in the third and fourth quarters. BYD Auto ranked first for sales volume of passenger EVs in the January to June 2020 period by maker, with sales at 46,551 units, down 52.4% year-over-year (y/y). Tesla ranked second with monthly sales exceeding 10,000 units, narrowing the difference between BYD. Table 5) Top 15 passenger EV sales volume by maker (January to June 2020 period) S...
Market & Tech Reports Updated at: 2020/08/05
Key Allies China analysis on NEV market in May 2020
ked first for sales volume of passenger EVs in the Jan. to May 2020 period by maker—with sales at 36,616 units, down 53.6% y/y. Table 2) Top 15 passenger EV sales in Jan. to May 2020 period by maker (units) Source: CPCA By model, the Model 3 held its position as first, with sales exceeding 30,000 units in the Jan. to May period. The all-new BYD Qin Pro ranked second; the model was recently launched, but its sales were strong. Two...
Market & Tech Reports Updated at: 2020/07/02
Hyundai Motor Group: increasing electrified vehicle lineup with 44 models in 2025
ng fuel cell technology, Hyundai Group is partnering with Saudi Aramco in the area of hydrogen supply. The Group will develop a powertrain based on hydrogen fuel cell systems with Cummins Inc., an engine manufacturer. Hyundai Nexo FCV (World Smart Energy Week 2020) PHV version of new Kia XCeed compact SUV (Photo: Kia Motors) HMC’s electrification strategy Outline According to its mid-term plan “Strategy 2025,” HMC plans t...
Market & Tech Reports Updated at: 2020/06/22
Key Allies China analysis on NEV market in April 2020
n 146 789 3.5% 9 Volvo XC60 PHEV 87 763 3.4% 10 Renault Zoe 159 740 3.3% 11 Volvo S/V90 PHEV 76 705 3.1% 12 VW Golf GTE 54 524 2.3% 13 BMW 330e 76 506 2.2% 14 Skoda Superb PHEV 140 501 2.2% 15 Nissan Leaf 139 473 2.1% 16 Volvo XC40 PHEV 73 379 1.7% 17 BMW 530e 61 359 1.6% 18 Kia Ceed PHEV 140 347 1.5% 19 Hyundai Kona EV 76 340 1.5% 20 Tesla Model S 55 340 1.5% Other 1,380 5,484 24.1% Total 4,270 22,743 100.0% ...
Market & Tech Reports Updated at: 2020/06/12
Asian OEM Electrification Strategies, Including EV Product Timelines - Part 2
7 Subcompact crossover 1.6-L I4 engine, 45 kW motor 8.9 kWh lithium-ion 26 miles (EPA) Hyundai Elantra Aug. 2019 Compact sedan 1.6-L I4 engine, 45 kW motor 12.9 kWh lithium-ion 53 miles (NEDC) Kia K3 Sep. 2019 Compact sedan 1.6-L I4 engine, 45 kW motor 12.9 kWh lithium-ion 50 miles (NEDC) Kia Ceed Sportwagon Jan. 2020 Compact wagon 1.6-L I4 engine, 45 kW motor 8.9 kWh lithium-ion 37 miles(Company estimated) Kia Xceed Jan. 2020 Compact cro...
Market & Tech Reports Updated at: 2019/12/18
Korean market and trends of domestic brands: 2019 production forecasted to fall below 2018 level
ate launching SUVs and electrified vehicles(May 2018) Vehicle production in Korea in 2018 decreased for the third consecutive year, falling 2.1% y/y to 4.03 million units. In 2019, output is expected to decline further and may fall below 4 million units. Since production in Korea exceeded 4 million for the first time in 2007, output has remained above 4 million units, except global financial crisis in 2008 and 2009. If production...
Market & Tech Reports Updated at: 2019/08/16
Hyundai Motor Group: advancing electrification with the Kona Electric SUV
e. A limited number of the EV version will be marketed in some regions. Telluride End of 2018 This full-size SUV shares a platform with the Genesis GV70 and GV80. The model is powered by a 3.8-liter V6 gasoline engine. New Sorento 2019 A two-row five-seat/three-row seven-seat midsize SUV. New Ceed/Ceed Sportswagon 2Q/4Q 2018(Europe) A five-door hatchback/sportswagon. The model name was changed from the cee’d to the Ceed. New ProCeed 1Q ...
Market & Tech Reports Updated at: 2018/12/20
Korea: Hyundai and Kia to accelerate launching SUVs and electrified vehicles
t-generation fuel cell vehicle, the new Santa Fe, and the Kona EV in global markets. Kia Motors ・Korea: New models (K3 and K9) and K5/Carnival PE to boost sales momentum. Niro EV to be introduced.・US: Expect new model launches of Stinger, Forte, K900 and Niro EV.・Europe: New model launches (Ceed, Ceed Sportswagon). Niro EV to comply with Euro 6.・China: Strengthen SUV lineup with country specific strategic models (NP, QE).・Kia plans to...
Market & Tech Reports Updated at: 2018/05/21
SAE 2012 World Congress (1): OEMs' exhibits
ission Hyundai exhibited its newly-developed 6-speed Dual Clutch Transmission (DCT), which is used in the Hyundai Veloster in combination with the 1.6-liter direct-injection gamma engine. This dry DCT is produced in Korea and is used in models made in the US (the above-mentioned Veloster) and the Ceed that Kia manufactures in Europe. Hyundai says that the fuel economy is improved by 5 to 6% from the current torque-converter 6-speed AT. A 6-spe...
Market & Tech Reports Updated at: 2012/06/08